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Heritage Insurance Holdings (HRTG) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 6, 2026 · Heritage Insurance Holdings (HRTG) Q3 2026 earnings results →
Q3 2026 Revenue up 3% year over year to $219M · 23¢ of every $1 of revenue kept as net profit · operating margin 31.6%
Heritage Insurance Holdings made $219M in Q3 2026 (+3% Y/Y). Operating margin 31.6%, net earnings $51.1M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 6, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $219.2M in Q3 2026, up 3% year over year and up 2% from the previous quarter.
Operating profit was $69.2M, a 31.6% margin (down 1.4 points year over year). Operating profit fell $936K even though revenue rose $6.8M versus Q3 2025, so costs grew faster than sales. Total costs grew 5% against revenue growth of 3%. Net earnings were $51.1M, up 1% year over year. The effective tax rate was 24.5%.
Operating cash flow was $9.6M (down 92% year over year), 19% of net earnings. Non-cash charges added back $3.0M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items used $45.9M. Capital expenditures of $159K left free cash flow of $9.5M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 6, 2026 | $219M | +3% | 31.6% | $51.1M | $9.6M |
| Q2 2026 | 10-Q | Aug 7, 2026 | $214M | +3% | 39.1% | $61.7M | $142M |
| Q1 2026 | 10-Q | May 8, 2026 | $213M | +0.5% | 23.9% | $36.5M | $24.9M |
| Q4 2025 | 10-K | Mar 12, 2026 | $215M | +2% | 41.6% | $66.7M | $13.8M |
| Q3 2025 | 10-Q | Nov 7, 2025 | $212M | +0.3% | 33.0% | $50.4M | $124M |
| Q2 2025 | 10-Q | Aug 8, 2025 | $208M | +2% | 31.2% | $48.0M | $43.3M |
| Q1 2025 | 10-Q | May 9, 2025 | $212M | +11% | 20.1% | $30.5M | $837K |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Heritage Insurance Holdings
Heritage Insurance Holdings, Inc. (“we”, “our”, “us”, “Heritage” and the “Company”) is a super-regional property and casualty insurance holding company that primarily provides personal and commercial residential insurance through our insurance company subsidiaries. We are vertically integrated and control or manage substantially all aspects of insurance underwriting, customer service, financial reporting and actuarial analysis, distribution and claims processing and adjusting. We are led by a highly experienced and diverse management team with significant expertise in the residential property insurance industry and deep industry relationships.
In its own words, from its 10-K, filed Mar 13, 2025.
Heritage Insurance Holdings against its Fire, Marine & Casualty Insurance peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +3% against the peers' median +3%. Operating margin: 31.6% against the peers' median 15.5%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| HRTG Heritage Insurance Holdings | Q3 2026 | $219M | +3% | 31.6% |
| BRK-B Berkshire Hathaway | Q2 2026 | $101.8B | +10% | 15.5% |
| PGR Progressive | Q3 2026 | $23.2B | +3% | 14.0% |
| ALL Allstate | Q3 2026 | $17.3B | +0.5% | 15.1% |
| CB Chubb | Q3 2026 | $16.2B | +0.3% | 21.0% |
| TRV Travelers Companies | Q3 2026 | $12.4B | -0.5% | 19.1% |
| AIG American International Group | Q3 2026 | $7.4B | +17% | 15.0% |
| HIG Hartford Insurance Group | Q3 2026 | $7.2B | +4% | 21.9% |
| L Loews | Q3 2026 | $4.8B | +2% | 8.5% |
Source: Heritage Insurance Holdings 10-Q on SEC EDGAR · CIK 1598665 · Fire, Marine & Casualty Insurance
Guidance and outlook
13F: who owns HRTG and who is buying
More on HRTG
- How Heritage Insurance Holdings makes money: revenue by segment
- Heritage Insurance Holdings next earnings date and what analysts expect
- Heritage Insurance Holdings stock forecast, price target and fair value
- Who owns Heritage Insurance Holdings stock: holders, funds and Congress trades
- Heritage Insurance Holdings guidance and outlook
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results