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Hagerty (HGTY) operating margin by quarter

Hagerty's operating margin was 11.7% in Q3 2026 (third quarter 2026), +11.1 pts from Q2 2026. Over the last 6 quarters it ranged from 0.6% (Q2 2026) to 12.6% (Q2 2025).

Hagerty operating margin by quarterHagerty operating margin by quarter7.8%Q1 202512.6%Q2 20258.8%Q3 202511.1%Q4 20250.6%Q2 202611.7%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202611.7%+11.1 pts+2.9 pts
Q2 20260.6%-10.5 pts-11.9 pts
Q4 202511.1%+2.3 pts—
Q3 20258.8%-3.8 pts—
Q2 202512.6%+4.7 pts—
Q1 20257.8%——

Q3 2026 at a glance

Hagerty, Q3 2026: revenue $354M (-10% year over year), operating margin 11.7%, net earnings $10.2M, operating cash flow $94.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is Hagerty's operating margin?

Hagerty's operating margin was 11.7% in Q3 2026 (third quarter 2026), +11.1 pts from Q2 2026.

How has Hagerty's operating margin changed?

Over the last 6 quarters it ranged from 0.6% (Q2 2026) to 12.6% (Q2 2025).

Q3 2026 results → · How Hagerty makes money →