Filing Flows › Hippo Holdings (HIPO) › Q1 2026
Hippo Holdings (HIPO) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Hippo Holdings (HIPO) reported revenue of $122M for the first quarter 2026 (Q1 2026), +10% from a year earlier and +0.9% from the quarter before. Operating margin was 5.9%, net earnings $7.1M (5.8% of revenue).
Hippo Holdings, Q1 2026: revenue $122M (+10% year over year), operating margin 5.9%, net earnings $7.1M, operating cash flow $8.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $122M | +0.9% | +10% |
| Operating profit | $7.2M | +6% | — |
| Net earnings | $7.1M | +18% | — |
| Operating cash flow | $8.5M | +166% | — |
| Free cash flow | $8.4M | +162% | — |
What changed
Revenue was $121.5M in Q1 2026, up 10% year over year and up 1% from the previous quarter.
Operating profit was $7.2M, a 5.9% margin (up 47.3 points year over year). Total costs fell 27% while revenue rose 10%. Net earnings were $7.1M. The effective tax rate was 1.4%.
Operating cash flow was $8.5M, 120% of net earnings. Non-cash charges added back $6.5M of share-based compensation. Working capital and other items used $5.1M. Capital expenditures of $100K left free cash flow of $8.4M.
Questions
What was Hippo Holdings' revenue in the first quarter 2026?
Hippo Holdings (HIPO) reported revenue of $122M for the first quarter 2026 (Q1 2026), +10% from a year earlier and +0.9% from the quarter before.
Was Hippo Holdings profitable in the first quarter 2026?
Operating profit was $7.2M (5.9% of revenue) and net earnings $7.1M.
Source: Hippo Holdings 10-Q on SEC EDGAR.