Filing Flows › HCI Group (HCI) › Q1 2025
HCI Group (HCI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
HCI Group (HCI) reported revenue of $216M for the first quarter 2025 (Q1 2025), +5% from a year earlier and +34% from the quarter before. Operating margin was 46.4%, net earnings $69.7M (32.2% of revenue).
HCI Group, Q1 2025: revenue $216M (+5% year over year), operating margin 46.4%, net earnings $69.7M, operating cash flow $162M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $216M | +34% | +5% |
| Operating profit | $100M | 17× | +30% |
| Net earnings | $69.7M | 27× | +46% |
| Operating cash flow | $162M | +117% | -11% |
| Free cash flow | $160M | +118% | -11% |
What changed
Revenue was $216.4M in Q1 2025, up 5% year over year and up 34% from the previous quarter.
Operating profit was $100.3M, a 46.4% margin (up 8.9 points year over year). Of the extra revenue versus a year earlier, 233% reached operating profit, above the 37% margin then. Total costs fell 10% while revenue rose 5%. Net earnings were $69.7M, up 46% year over year. The effective tax rate was 26.0%.
Operating cash flow was $162.0M (down 11% year over year), 218% of net income including minority interests. Non-cash charges added back $2.0M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items added $82.8M. Capital expenditures of $1.7M left free cash flow of $160.3M.
Questions
What was HCI Group's revenue in the first quarter 2025?
HCI Group (HCI) reported revenue of $216M for the first quarter 2025 (Q1 2025), +5% from a year earlier and +34% from the quarter before.
Was HCI Group profitable in the first quarter 2025?
Operating profit was $100M (46.4% of revenue) and net earnings $69.7M.
Source: HCI Group 10-Q on SEC EDGAR.