HIPOHippo Holdings Inc.
Fire, Marine & Casualty Insurance
- Revenue
- $469M
- 26% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- AI in 10-K
- —
Red flags 2 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashFired15% of net incomeCash flow under 80% of net income
- Dilutive SBCClear6% of revenueOver 10% of revenue
- Payouts exceed cash flowFired158% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear0% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $91M | $120M | $210M | $372M | $469M | 26% |
| Net income | −$371M | −$333M | −$263M | −$29M | $63M | 319% |
| Operating cash flow | −$125M | −$162M | −$92M | $48M | $9M | 81% |
| Capex | $800K | $5M | $30M | $300K | $100K | 67% |
| Stock-based comp | $24M | $62M | $58M | $38M | $29M | 23% |
| Buybacks | — | $0 | $2M | $16M | $15M | 7.1% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $6M | $6M | 221 | 192 |
| FY2024 | $3M | $7M | 197 | 190 |
| FY2023 | $3M | $2M | 67 | 133 |