Revenue: As of FY2026 Q2, the actual value is USD 144.7 M.

EPS: As of FY2026 Q2, the actual value is USD 0.38, beating the estimate of USD -0.17.

EBIT: As of FY2026 Q2, the actual value is USD 11.6 M.

Net Income

Hippo Holdings Inc. reported a net income of $10.1 million for the three months ended June 30, 2026, an increase from $1.3 million in the prior-year period . For the six months ended June 30, 2026, net income was $17.2 million, compared to a net loss of - $46.4 million for the same period in 2025 . Adjusted net income for the second quarter of 2026 was $21.0 million, up 23.5% from $17.0 million in the second quarter of 2025 . Year-to-date adjusted net income reached $38.2 million, significantly improved from a - $18.1 million adjusted net loss in the first half of 2025 .

Gross Written Premium (GWP)

Gross Written Premium for the second quarter of 2026 was $482.2 million, marking a 61.5% increase over $298.6 million in the second quarter of 2025 . For the six months ended June 30, 2026, GWP totaled $814.6 million, up from $509.5 million in the prior year . Homeowners: $106.7 million in Q2 2026 vs $100.0 million in Q2 2025, up 7% . YTD Q2 2026 was $194.0 million vs $187.1 million in YTD Q2 2025, up 4% . Renters: $49.6 million in Q2 2026 vs $44.2 million in Q2 2025, up 12% . YTD Q2 2026 was $90.4 million vs $79.2 million in YTD Q2 2025, up 14% . Commercial Multi-Peril: $137.6 million in Q2 2026 vs $83.3 million in Q2 2025, up 65% . YTD Q2 2026 was $233.4 million vs $134.0 million in YTD Q2 2025, up 74% . Casualty: $179.5 million in Q2 2026 vs $64.9 million in Q2 2025, up 177% . YTD Q2 2026 was $280.1 million vs $99.2 million in YTD Q2 2025, up 182% . Other: $8.8 million in Q2 2026 vs $6.2 million in Q2 2025, up 42% . YTD Q2 2026 was $16.7 million vs $10.0 million in YTD Q2 2025, up 67% .

Net Written Premium (NWP)

Net Written Premium increased by 71% to $183.2 million in the second quarter of 2026, compared to $106.9 million in the same period last year . For the six months ended June 30, 2026, NWP was $284.6 million, up from $207.2 million in 2025 . Homeowners: $76.1 million in Q2 2026 vs $63.0 million in Q2 2025, up 21% . YTD Q2 2026 was $136.9 million vs $115.7 million in YTD Q2 2025, up 18% . Renters: $19.4 million in Q2 2026 vs $19.5 million in Q2 2025, down -1% . YTD Q2 2026 was $30.2 million vs $56.7 million in YTD Q2 2025, down -47% . Commercial Multi-Peril: $50.7 million in Q2 2026 vs $26.0 million in Q2 2025, up 95% . YTD Q2 2026 was $68.3 million vs $38.5 million in YTD Q2 2025, up 77% . Casualty: $35.0 million in Q2 2026 vs $1.5 million in Q2 2025, up 2233% . YTD Q2 2026 was $47.9 million vs $2.6 million in YTD Q2 2025, up 1742% . Other: $2.0 million in Q2 2026 vs - $3.1 million in Q2 2025, up -165% . YTD Q2 2026 was $1.3 million vs - $6.3 million in YTD Q2 2025, up -121% .

Revenue

Total revenue for the second quarter of 2026 was $144.7 million, an increase of 23.4% from $117.3 million in the second quarter of 2025 . Year-to-date revenue was $266.2 million, compared to $227.6 million in the first half of 2025 . Net earned premium, a component of revenue, increased 26% to $118.7 million in Q2 2026 from $94.0 million in Q2 2025 .

Operating Costs and Ratios

Hippo Holdings Inc.’s combined ratio improved by 4 percentage points to 95.8% in the second quarter of 2026, compared to 100.1% in Q2 2025 . The combined ratio for the six months ended June 30, 2026, was 97.5%, a significant improvement from 128.7% in the same period of 2025 . The net loss ratio for Q2 2026 was 50.4%, up from 47.0% in Q2 2025 . The expense ratio improved by 8 percentage points to 45.4% in Q2 2026 from 53.1% in Q2 2025 . The net accident year loss ratio excluding CAT losses improved to 45.8% in Q2 2026 from 46.4% in Q2 2025 . Catastrophe losses accounted for 6.7% of net earned premium in Q2 2026, compared to 8.0% in Q2 2025 . YTD Q2 2026 catastrophe losses were 5.7%, down from 34.2% in YTD Q2 2025 . Prior Accident Year Developments resulted in a -2.1% impact on net loss ratio in Q2 2026, compared to -7.4% in Q2 2025 .

Cash Flow

Net cash provided by operating activities for the six months ended June 30, 2026, was $51.6 million, a substantial improvement from net cash used in operating activities of - $10.9 million for the same period in 2025 . The provided reference does not contain explicit details regarding free cash flow .

Book Value

Book Value per share was $17.65 as of June 30, 2026, up 4% from $16.97 at year-end 2025 . Tangible Book Value Per Share was $15.56 as of June 30, 2026, compared to $14.76 as of December 31, 2025 . Total stockholders’ equity stood at $465.6 million as of June 30, 2026, an increase from $436.1 million at year-end 2025 .

Unique Metrics

Annualized Adjusted Return on Equity was 18% in Q2 2026, up from 18% in Q2 2025 . Year-to-date Q2 2026 saw an annualized adjusted return on equity of 16.9%, compared to -10.4% in YTD Q2 2025 . The company totaled 52 programs in Q2 2026, with 27 programs added since 2024 . AI has been deployed across Claims, Customer Support, Tech, and Underwriting, increasing tech delivery velocity . The reinsurance structure consolidated catastrophe reinsurance into a single corporate-level group structure, supporting risk management and increasing efficiency gains across 20- to 100-year return periods .

Outlook / Guidance

Hippo Holdings Inc. updated its full-year 2026 guidance, now expecting Gross Written Premium between $1.65 billion and $1.7 billion, and Adjusted Net Income between $62 million and $70 million . The company anticipates a Combined Ratio of 99% to 101% for 2026, and targets over $2.5 billion in Gross Written Premium and more than $140 million in Adjusted Net Income by 2028 .