HCI | 10-Q: FY2025 Q3 Revenue Misses Estimate at USD 216.35 M

Revenue: As of FY2025 Q3, the actual value is USD 216.35 M, missing the estimate of USD 220.03 M.

EPS: As of FY2025 Q3, the actual value is USD 4.9, beating the estimate of USD 2.3767.

EBIT: As of FY2025 Q3, the actual value is USD 91.62 M.

Insurance Operations

• Net Premiums Earned: $184,131 for the three months ended September 30, 2025, compared to $145,050 for the same period in 2024.
• Losses and Loss Adjustment Expenses: $84,535 for the three months ended September 30, 2025, compared to $104,683 for the same period in 2024.
• Gross Premiums Written: $292,826 for the three months ended September 30, 2025, compared to $258,925 for the same period in 2024.

Exzeo Group

• Revenue: $56,268 for the three months ended September 30, 2025, compared to $28,790 for the same period in 2024.
• Net Income from Investment Portfolio: $1,101 for the three months ended September 30, 2025, compared to $197 for the same period in 2024.

Reciprocal Exchange Operations

• Net Premiums Earned: $10,860 for the three months ended September 30, 2025, compared to $10,774 for the same period in 2024.
• Losses and Loss Adjustment Expenses: $6,008 for the three months ended September 30, 2025, compared to $4,200 for the same period in 2024.

Real Estate

• Revenue: $4,157 for the three months ended September 30, 2025, compared to $2,680 for the same period in 2024.

Corporate and Other

• Revenue: $5,461 for the three months ended September 30, 2025, compared to $6,541 for the same period in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: $333,679 for the nine months ended September 30, 2025, compared to $257,129 for the same period in 2024.
• Net Cash Provided by (Used in) Investing Activities: $122,820 for the nine months ended September 30, 2025, compared to -$205,062 for the same period in 2024.
• Net Cash Used in Financing Activities: -$852 for the nine months ended September 30, 2025, compared to -$69,701 for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company plans to continue its focus on expanding its insurance operations and enhancing its investment portfolio to drive growth and profitability.
• Non-Core Business: The company is exploring opportunities in real estate investments and technology solutions through its Exzeo Group segment to diversify its revenue streams.