Hippo Reports Strong Q2 Earnings with Profitable Growth in Revenue and Net Income
On July 30, 2026, Hippo Holdings (HIPO) reported strong financial results for the second quarter of 2026. The company generated $10 million in net income, an eightfold increase compared to last year, along with $21 million in adjusted net income—a 24% rise from Q2 2025. Gross written premium reached $482 million, up 61%, driven by growth across casualty and CMP lines of business as well as a recovery in homeowners insurance. Hippo also highlighted its profitability amid expansion, with the combined ratio improving to 95.8% for Q2—up four percentage points year-over-year—and reaching an impressive 31-point improvement at 97.5% year-to-date compared to H1 of 2025. The CEO emphasized that this marks Hippo's fifth consecutive quarter of profitability on both a stated and adjusted basis, showcasing the company’s ability to scale while maintaining strong underwriting performance.
Topics: financial results Hippo Q2 earnings call