Hippo stock news
On October 29, 2026, Hippo Holdings Inc. (NYSE: HIPO) reported financial results for the third quarter of 2026, delivering its fifth consecutive quarter of underwriting profitability. Revenue rose 29.4% year--over--year to $156.0 million, surpassing market estimates, while gross written premiums surged 60.1% to $498.1 million, driven by expansion in casualty and commercial multi--peril program business. The carrier posted GAAP net income of $8.8 million, or $0.33 per diluted share, and adjusted net income of $20.0 million, or $0.74 per diluted share. Hippo's combined ratio improved by 1.2 percentage points year--over--year to 98.4%, and the net expense ratio decreased to 41.7%. Following the performance, management raised full--year 2026 guidance, lifting expected revenue to between $585 million and $590 million and adjusted net income to between $77 million and $80 million.