Hippo stock news
On June 1, 2026, Hippo Holdings Inc. (NYSE: HIPO) reported its financial results for the first quarter ended March 31, 2026, achieving a milestone net income of $7 million, or $0.27 per diluted share. This performance represents the company's first quarter of GAAP profitability, underpinned by a 35% year--over--year increase in total revenue to $121.5 million. Management attributed the turnaround to a significant improvement in the net loss ratio and increased operational efficiency within its "Insurance--as--a--Service" and "Services" segments.