Hagerty, Inc. announced financial results for the third quarter ended September 30, 2026, reporting year-to-date Net Income of $32 million and Adjusted EBITDA of $257 million, a 43% increase from the prior year period. The company raised its full-year 2026 outlook, targeting Net Income between $48 million and $60 million and Adjusted EBITDA between $305 million and $315 million. Year-to-date written premium grew 18% to $1,099 million as the company added a record 402,000 new members. The results reflect the transition to a Markel Fronting Arrangement that assumes 100% of risk, which included $189 million in transitional costs. Hagerty operates in the specialty vehicle insurance and collector car marketplace industry.
