---
title: "HIPPO HOLDINGS INC C/WTS 02/08/2026 (TO PUR COM) | 8-K: FY2025 Q1 Revenue: USD 110.3 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/239191394.md"
datetime: "2025-05-07T20:05:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/239191394.md)
  - [en](https://longbridge.com/en/news/239191394.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/239191394.md)
---

# HIPPO HOLDINGS INC C/WTS 02/08/2026 (TO PUR COM) | 8-K: FY2025 Q1 Revenue: USD 110.3 M

Revenue: As of FY2025 Q1, the actual value is USD 110.3 M.

EPS: As of FY2025 Q1, the actual value is USD -1.91.

### Segment Revenue

-   Total revenue increased by 30% year-over-year to $110.3 million, driven by growth in Insurance-as-a-Service (IaaS) and Hippo Home Insurance Program (HHIP) segments.
-   IaaS revenue grew by 91% year-over-year to $38.9 million, primarily due to a 27% year-over-year growth in Gross Earned Premium.
-   HHIP revenue increased by 12% year-over-year to $61.9 million, with improvements in reinsurance structure raising Net Earned Premium as a percentage of Gross Earned Premium.

### Operational Metrics

-   Net loss attributable to Hippo was - $47.7 million, a $12 million increase year-over-year, largely impacted by the Los Angeles wildfires which contributed $45 million to expenses.
-   Adjusted EBITDA loss was - $41.1 million, a $21 million increase year-over-year, with $45 million of expenses related to the Los Angeles wildfires.
-   Gross Loss Ratio increased to 95% from 59% year-over-year, primarily due to PCS losses.
-   Net Loss Ratio increased to 106% from 87% year-over-year.

### Cash Flow

-   Cash and investments decreased by $42 million quarter-over-quarter to $528 million, driven by payments related to Los Angeles wildfires and seasonal working capital changes.
-   Operating cash flow: Net cash used in operating activities was - $35.6 million.

### Unique Metrics

-   The homebuilder channel drove a 35% year-over-year increase in gross written premium.
-   Written premium outside of the Hippo Home Insurance Program increased by 21% year-over-year.
-   Spinnaker maintained a surplus of $198 million and signed an agreement to raise a $50 million surplus note, pending regulatory approval.

### Outlook / Guidance

-   Hippo plans to use a $50 million surplus note to support the growth of diversified product lines accessed via the Spinnaker platform, pending regulatory approval.
-   Hippo expects to generate net profit by the fourth quarter of 2025, driven by revenue growth and improved loss ratios. The company plans to maintain fixed expenses at Q1 levels while continuing to grow its top line.

### Related Stocks

- [HIPOW.US](https://longbridge.com/en/quote/HIPOW.US.md)

## Related News & Research

- [Meet the Dividend King That's Quietly Crushing the S&P 500 in 2026. Here's Why It's a Buy This August.](https://longbridge.com/en/news/296262501.md)
- [Warren Buffett's Successor, Greg Abel, Has 34.7% of Berkshire Hathaway's Portfolio Invested in These 2 Artificial Intelligence (AI) Stocks](https://longbridge.com/en/news/296274565.md)
- [Oil edges up on uncertainty over exports through Hormuz](https://longbridge.com/en/news/296282399.md)
- [Interactive Brokers Is Holding $930 Billion of Customer Money. Here's What That Earns at Today's Rates.](https://longbridge.com/en/news/296319893.md)
- [ANET, SPOT, HOOD: 3 Best Growth Stocks to Buy This Week, According to Analysts](https://longbridge.com/en/news/296275933.md)