Hippo Holdings Inc
NYSE: HIPO · FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY
Updated 2026-06-03
Hippo Holdings Inc (HIPO) Financial statements
SEC filings — annual and quarterly data.
Margin trends — annual
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2019 | $34.70M | $-83.10M | 100.00% | -206.92% | -239.48% |
| 2020 | $51.60M | $-141.50M | 32.17% | -277.52% | -274.22% |
| 2021 | $91.20M | $-371.40M | -16.12% | -402.63% | -407.24% |
| 2022 | $119.70M | $-333.40M | -49.62% | -271.68% | -278.53% |
| 2023 | $209.70M | $-273.10M | -39.77% | -125.18% | -130.23% |
| 2024 | $372.10M | $-40.50M | 19.97% | -7.36% | -10.88% |
| 2025 | $468.60M | $57.70M | 50.94% | 13.51% | 12.31% |
Frequently asked questions
What is Hippo Holdings Inc's revenue?
Hippo Holdings Inc's trailing twelve-month revenue is $478.50M. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is HIPO?
In its most recent fiscal year, HIPO ran a gross margin of 50.94%, an operating margin of 13.51%, and a net margin of 12.31%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does HIPO generate?
HIPO produced $9.10M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is HIPO's balance sheet healthy?
HIPO holds $250.10M in cash and equivalents against $47.90M in long-term debt, on $436.10M of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.