Hagerty HGTY Q1 2026 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Wed, May 6, 2026 astatine 10:39 AM CDT 35 min read

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DATE

Wednesday, May 6, 2026 astatine 10 a.m. ET

CALL PARTICIPANTS

• Chief Executive Officer and Chairman — McKeel O. Hagerty

• Chief Financial Officer — Patrick Scott McClymont

• Head of Investor Relations — Jay Koval

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Full Conference Call Transcript

Jay Koval: Thank you, operator, and bully morning, everyone. Thank you for joining america to sermon Hagerty, Inc.'s results for 2026. I americium joined this greeting by McKeel O. Hagerty, Chief Executive Officer and Chairman, and Patrick Scott McClymont, Chief Financial Officer. During this morning's league call, we volition notation to an accompanying presumption that is disposable connected Hagerty, Inc.'s Investor Relations conception of the company's firm website astatine investors.hagerty.com. Our net release, slides, and missive to stockholders covering this play are besides posted connected the IR website arsenic good arsenic our 8-K filing. Today's treatment contains forward-looking statements and non-GAAP fiscal metrics, arsenic described further connected Slide 2 of the net presentation.

Forward-looking statements see statements astir our expected aboriginal concern and fiscal show and are not promises oregon guarantees of aboriginal performance. They are taxable to a assortment of risks and uncertainties that could origin the existent results to disagree materially from our expectations. For a treatment of worldly risks and important factors that could impact our existent results, delight notation to those contained successful our filings with the SEC, which are besides disposable connected the Investor Relations website and astatine sec.gov. The appendix of the presumption besides contains reconciliations of our non-GAAP metrics to the astir straight comparable GAAP measures that are further supplemented by this morning's 8-K filing. With that, I volition crook the telephone implicit to McKeel.

McKeel O. Hagerty: Thank you, Jay, and bully morning, everyone. Spring has yet arrived successful Northern Michigan, and with it comes the dependable of engines turning implicit aft a agelong winter's rest. Our members person been pulling their cars retired of storage, checking each the fluids and tyre pressures, and getting backmost retired onto the unfastened road. I, for one, drove a 1963 Corvette split-window into the Hagerty, Inc. office this morning, and I americium smiling receptor to ear. Team Hagerty, Inc. has been close determination with them and with me, acceptable to invited a grounds fig of caller members successful 2026 arsenic the driving play gets underway. Let maine leap to the headline. We are disconnected to an fantabulous commencement to 2026.