Filing Flows › HCI Group (HCI) › Q3 2025
HCI Group (HCI) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
HCI Group (HCI) reported revenue of $216M for the third quarter 2025 (Q3 2025), +23% from a year earlier and -3% from the quarter before. Operating margin was 41.9%, net earnings $65.5M (30.3% of revenue).
HCI Group, Q3 2025: revenue $216M (+23% year over year), operating margin 41.9%, net earnings $65.5M, operating cash flow $26.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $216M | -3% | +23% |
| Operating profit | $90.6M | -4% | +543% |
| Net earnings | $65.5M | -1% | 12× |
| Operating cash flow | $26.7M | -82% | -74% |
| Free cash flow | $25.9M | -82% | -75% |
What changed
Revenue was $216.3M in Q3 2025, up 23% year over year and down 3% from the previous quarter.
Operating profit was $90.6M, a 41.9% margin (up 33.8 points year over year). Of the extra revenue versus a year earlier, 186% reached operating profit, above the 8% margin then. Total costs fell 22% while revenue rose 23%. Net earnings were $65.5M, up 1053% year over year. The effective tax rate was 25.1%.
Operating cash flow was $26.7M (down 74% year over year), 39% of net income including minority interests. Non-cash charges added back $2.3M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items used $46.2M. Capital expenditures of $794K left free cash flow of $25.9M.
Questions
What was HCI Group's revenue in the third quarter 2025?
HCI Group (HCI) reported revenue of $216M for the third quarter 2025 (Q3 2025), +23% from a year earlier and -3% from the quarter before.
Was HCI Group profitable in the third quarter 2025?
Operating profit was $90.6M (41.9% of revenue) and net earnings $65.5M.
Source: HCI Group 10-Q on SEC EDGAR.