Filing Flows › Hippo Holdings (HIPO) › Q3 2025
Hippo Holdings (HIPO) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Hippo Holdings (HIPO) reported revenue of $121M for the third quarter 2025 (Q3 2025), +26% from a year earlier and +3% from the quarter before. Operating margin was 81.3%, net earnings $98.1M (81.3% of revenue).
Hippo Holdings, Q3 2025: revenue $121M (+26% year over year), operating margin 81.3%, net earnings $98.1M, operating cash flow $16.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $121M | +3% | +26% |
| Operating profit | $98.1M | 25× | — |
| Net earnings | $98.1M | 25× | — |
| Operating cash flow | $16.9M | -32% | -64% |
| Free cash flow | $16.8M | -32% | -64% |
What changed
Revenue was $120.6M in Q3 2025, up 26% year over year and up 3% from the previous quarter.
Operating profit was $98.1M, a 81.3% margin (up 86.8 points year over year). Total costs fell 78% while revenue rose 26%. Net earnings were $98.1M. The effective tax rate was 0.0%.
Operating cash flow was $16.9M (down 64% year over year), 17% of net earnings. Non-cash charges added back $7.0M of share-based compensation. Working capital and other items used $88.2M. Capital expenditures of $100K left free cash flow of $16.8M.
Questions
What was Hippo Holdings' revenue in the third quarter 2025?
Hippo Holdings (HIPO) reported revenue of $121M for the third quarter 2025 (Q3 2025), +26% from a year earlier and +3% from the quarter before.
Was Hippo Holdings profitable in the third quarter 2025?
Operating profit was $98.1M (81.3% of revenue) and net earnings $98.1M.
Source: Hippo Holdings 10-Q on SEC EDGAR.