Earnings ·
Hippo Reports Q3 Net Income of $9M and Raises Full-Year Adjusted Net Income Guidance to $77-$80M
HIPOHippo Holdings Inc.
Hippo Holdings Inc. reported net income of $9 million, or $0.33 per diluted share, for the quarter ended September 30, 2026, compared to $98 million in the prior-year period. Adjusted net income rose 9.3% to $20 million, or $0.74 per diluted share. Gross written premium surged 60.1% year over year to $498 million, driven by strong growth in Casualty and Commercial Multi-Peril lines. The company updated its full-year guidance, raising the adjusted net income target to $77-$80 million from $62-$70 million and tightening the combined ratio forecast to 97%-98%. Hippo operates a technology-native insurance platform providing property and casualty coverage through multiple carrier programs.