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.

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

Second Quarter 2026 Financial Performance (Three Months Ended June 30)

• Net Income (Loss) Attributable to Hippo was $10.1 million for Q2 2026, an increase of $8.8 million compared to $1.3 million for Q2 2025.
• Adjusted Net Income (Loss) was $21.0 million for Q2 2026, compared to $17.0 million for Q2 2025.
• Gross Written Premium (GWP) was $482.2 million for Q2 2026, an increase of 61.5% from $298.6 million in Q2 2025.
• Total Revenue was $144.7 million for Q2 2026, an increase of 23.4% from $117.3 million in Q2 2025.
• The Combined Ratio improved by 4 percentage points to 95.8% for Q2 2026, compared to 100.1% for Q2 2025.
• The Net Loss Ratio was 50.4% for Q2 2026, compared to 47.0% for Q2 2025.
• The Accident Year Net Loss Ratio Excluding CAT improved to 45.8% for Q2 2026, from 46.4% in Q2 2025.
• Net Written Premium was $183.2 million for Q2 2026, an increase of $76.3 million or 71% from $106.9 million in Q2 2025.
• Net Retention was 38% for Q2 2026, compared to 36% for Q2 2025.
• The Expense Ratio was 45.4% for Q2 2026, an improvement of 8 percentage points over the prior year period’s 53.1%.
• Annualized Adjusted Return on Equity was 18.4% for Q2 2026, compared to 20.8% for Q2 2025.

Six Months Ended June 30, 2026 Financial Performance

• Net Income (Loss) Attributable to Hippo was $17.2 million for the six months ended June 30, 2026, compared to - $46.4 million for the same period in 2025.
• Adjusted Net Income (Loss) was $38.2 million for the six months ended June 30, 2026, compared to - $18.1 million for the same period in 2025.
• Gross Written Premium was $814.6 million for the six months ended June 30, 2026, compared to $509.5 million for the same period in 2025.
• Total Revenue was $266.2 million for the six months ended June 30, 2026, compared to $227.6 million for the same period in 2025.
• The Combined Ratio was 97.5% for the six months ended June 30, 2026, compared to 128.7% for the same period in 2025.
• The Net Loss Ratio was 49.3% for the six months ended June 30, 2026, compared to 75.5% for the same period in 2025.
• Net Written Premium was $284.6 million for the six months ended June 30, 2026, compared to $207.2 million for the same period in 2025.
• Net Retention was 35% for the six months ended June 30, 2026, compared to 41% for the same period in 2025.
• The Expense Ratio was 48.2% for the six months ended June 30, 2026, compared to 53.2% for the same period in 2025.
• Annualized Adjusted Return on Equity was 16.9% for the six months ended June 30, 2026, compared to -10.4% for the same period in 2025.

Balance Sheet Metrics

• Total Assets were $2,318.5 million as of June 30, 2026, compared to $1,905.5 million as of December 31, 2025.
• Total Liabilities were $1,852.9 million as of June 30, 2026, compared to $1,469.4 million as of December 31, 2025.
• Total Stockholders’ Equity was $465.6 million as of June 30, 2026, up 7% from $436.1 million at year-end 2025.
• Book Value Per Share (BVPS) was $17.65 as of June 30, 2026, up 4% from $16.97 per share at year-end 2025.
• Tangible Book Value Per Share (TBVPS) was $15.56 as of June 30, 2026, compared to $14.76 as of December 31, 2025.

Cash Flow from Operating Activities (Six Months Ended June 30)

• Net cash provided by operating activities was $51.6 million for the six months ended June 30, 2026, compared to - $10.9 million for the same period in 2025.
• Net cash used in investing activities was - $34.7 million for the six months ended June 30, 2026, compared to - $32.9 million for the same period in 2025.
• Net cash provided by financing activities was $4.6 million for the six months ended June 30, 2026, compared to $36.8 million for the same period in 2025.
• Cash, cash equivalents, and restricted cash at the end of the period were $271.6 million as of June 30, 2026, compared to $225.8 million as of June 30, 2025.

Segment Revenue (Gross Written Premium - GWP) for Q2 2026

• Homeowners GWP was $106.7 million, up 7% from $100.0 million in 2025.
• Renters GWP was $49.6 million, up 12% from $44.2 million in 2025.
• Commercial Multi-Peril GWP was $137.6 million, up 65% from $83.3 million in 2025.
• Casualty GWP was $179.5 million, up 177% from $64.9 million in 2025.
• Other GWP was $8.8 million, up 42% from $6.2 million in 2025.

Segment Net Written Premium (NWP) for Q2 2026

• Homeowners NWP was $76.1 million.
• Commercial Multi-Peril NWP was $50.7 million, with a retention rate of 37%.
• Casualty NWP was $35.0 million, with a retention rate of 20%.
• Renters NWP was $19.4 million.
• Other NWP was $2.0 million.

Other Operational Metrics

• Hippo increased its total programs to 52 in Q2 2026, adding 27 programs since 2024.
• Core Engineering Spend for Q2 2026 was $6.4 million.

Outlook / Guidance for Full Year 2026 and Beyond

Hippo Holdings Inc. has increased its full-year 2026 guidance, now expecting Gross Written Premium between $1.65 billion and $1.7 billion, and Net Written Premium between $565 million and $580 million. The company anticipates revenue between $580 million and $585 million, an improved Combined Ratio of 99% to 101%, and Adjusted Net Income of $62 million to $70 million for 2026. Looking ahead, Hippo has set a new 2028 target of over $2.5 billion in GWP, representing a 32% compound annual growth rate (CAGR) from 2025, and aims for over $140 million in Adjusted Net Income.