Filing Flows › Hippo Holdings (HIPO) › Q1 2025
Hippo Holdings (HIPO) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Hippo Holdings (HIPO) reported revenue of $110M for the first quarter 2025 (Q1 2025), +30% from a year earlier and +8% from the quarter before. Operating margin was -41.3%, net loss $45.4M (41.2% of revenue).
Hippo Holdings, Q1 2025: revenue $110M (+30% year over year), operating margin -41.3%, net loss $45.4M, operating cash flow −$35.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $110M | +8% | +30% |
| Operating profit | −$45.6M | — | — |
| Net earnings | −$45.4M | — | — |
| Operating cash flow | −$35.6M | — | — |
What changed
Revenue was $110.3M in Q1 2025, up 30% year over year and up 8% from the previous quarter.
Operating costs exceeded revenue by $45.6M, an operating margin of -41.3%. Total costs grew 32% against revenue growth of 30%. The fastest-growing cost line was Other operating costs (+53%). The quarter ended with a net loss of $45.4M, after a profit of $46.9M the previous quarter.
Operating cash flow was −$35.6M. Non-cash charges added back $5.6M of depreciation and amortization and $7.7M of share-based compensation. Working capital and other items used $3.5M. Capital expenditures of $100K exceeded it, leaving free cash flow of −$35.7M.
Questions
What was Hippo Holdings' revenue in the first quarter 2025?
Hippo Holdings (HIPO) reported revenue of $110M for the first quarter 2025 (Q1 2025), +30% from a year earlier and +8% from the quarter before.
Was Hippo Holdings profitable in the first quarter 2025?
Operating loss was $45.6M (-41.3% of revenue) and net loss $45.4M.
Source: Hippo Holdings 10-Q on SEC EDGAR.