filecrux
Oct 29, 10:38 AM
$HIPO Is Hippo's raised
$77-80M 2026 profit guide conservative when nine months already delivered
$58.2M?
🏢 Hippo, a technology-native home and commercial insurer worth about
$995M at
$37.71 at 16:00 ET on October 28, 2026, raised its 2026 adjusted net income guide to
$77M-
$80M from
$62M-
$70M
🚀 The new range lifts the midpoint about 19% to
$78.5M, and the 2026 combined-ratio guide falls to 97-98% from 99-101%, which means more underwriting profit per premium dollar
📈 Adjusted net income for the first nine months is already
$58.2M, so the full-year range implies a fourth quarter of about
$19-22M, close to Q3's
$20M, which rose 9.3% from a year earlier
⚠️ Against that, Q3 GAAP net income was only
$8.8M, because the adjusted figure leaves out stock-based compensation plus depreciation and amortization, which the company guides to
$42M for 2026
📅 Next: Earnings call Thursday, October 29, 2026, 8:00 a.m. Eastern Time
Source: SEC 8-K Q3 2026 release, Oct 29
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