Filing Flows › Hippo Holdings (HIPO) › Q4 2025
Hippo Holdings (HIPO) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 5, 2026
Hippo Holdings (HIPO) reported revenue of $120M for the fourth quarter 2025 (Q4 2025), +18% from a year earlier and -0.2% from the quarter before. Operating margin was 5.6%, net earnings $6.0M (5.0% of revenue).
Hippo Holdings, Q4 2025: revenue $120M (+18% year over year), operating margin 5.6%, net earnings $6.0M, operating cash flow $3.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $120M | -0.2% | +18% |
| Operating profit | $6.8M | -93% | -86% |
| Net earnings | $6.0M | -94% | -87% |
| Operating cash flow | $3.2M | -81% | — |
What changed
Revenue was $120.4M in Q4 2025, up 18% year over year and roughly flat from the previous quarter.
Operating profit was $6.8M, a 5.6% margin (down 40.6 points year over year). Operating profit fell $40.3M even though revenue rose $18.5M versus a year earlier, so costs grew faster than sales. Total costs grew 107% against revenue growth of 18%. The fastest-growing cost line was Other operating costs (+235%). Net earnings were $6.0M, down 86% year over year. The effective tax rate was 11.8%.
Operating cash flow was $3.2M, 53% of net earnings. Non-cash charges added back $6.7M of share-based compensation. Working capital and other items used $9.5M.
Questions
What was Hippo Holdings' revenue in the fourth quarter 2025?
Hippo Holdings (HIPO) reported revenue of $120M for the fourth quarter 2025 (Q4 2025), +18% from a year earlier and -0.2% from the quarter before.
Was Hippo Holdings profitable in the fourth quarter 2025?
Operating profit was $6.8M (5.6% of revenue) and net earnings $6.0M.
Source: Hippo Holdings 10-K on SEC EDGAR.