HCI Group, Inc. (HCI) Income Statement
HCI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsHCI revenue and net income
Where HCI's revenue goes
2025Each bar shows an amount and its share of revenue. HCI kept 33.2% of revenue as net income.
HCI profit margins
HCI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +20.2% | +22.3% | +26.7% | +12.2% |
| Gross profit | +139.4% | +248.7% | +60.5% | +15.4% |
| Operating income | +147.6% | — | +63.3% | +15.0% |
| Net income | +171.9% | — | +61.1% | +16.3% |
| EPS (diluted) | +162.5% | — | +47.8% | +14.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
HCI quarterly EPS vs estimates
HCI beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 5, 2026 (estimate $5.01).
HCI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $900.9M | $749.5M | $550.0M | $492.0M | $402.6M | $275.7M | $241.4M | $231.3M | $244.4M | $258.2M |
| Cost of revenue | $241.8M | $474.1M | $345.4M | $476.4M | $321.3M | $213.9M | $150.0M | $148.3M | $205.3M | $167.3M |
| Gross profit | $659.1M | $275.3M | $204.6M | $15.5M | $81.3M | $61.8M | $91.4M | $83.0M | $39.1M | $90.9M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $72.1M | $63.2M | $53.9M | $56.5M | $45.4M | $33.8M | $31.1M | $25.9M | $25.1M | $26.2M |
| Total operating expenses | $229.8M | $101.9M | $87.0M | $84.0M | $70.1M | $24.9M | $55.3M | $56.1M | $54.7M | $44.1M |
| Operating income | $429.3M | $173.4M | $117.7M | −$68.4M | $11.2M | $36.9M | $36.1M | $26.9M | −$15.6M | $46.9M |
| Interest income | $9.0M | $10.7M | $7.9M | $7.8M | $6.4M | $11.7M | $13.1M | $18.1M | $16.8M | $11.1M |
| Interest expense | $9.2M | $13.3M | $11.1M | $7.6M | $6.3M | $11.6M | $12.9M | $18.1M | $16.8M | $11.1M |
| Income before taxes | $429.3M | $173.4M | $117.7M | −$68.4M | $11.2M | $36.9M | $36.1M | $26.9M | −$15.6M | $46.9M |
| Income taxes | $108.9M | $45.8M | $28.4M | −$13.8M | $4.0M | $9.3M | $9.5M | $9.2M | −$8.7M | $17.8M |
| Net income | $299.0M | $110.0M | $79.0M | −$58.5M | $1.9M | $27.6M | $26.6M | $17.7M | −$6.9M | $29.0M |
| EBITDA | $449.7M | $191.0M | $136.9M | −$52.8M | $23.1M | $57.3M | $57.9M | $56.0M | $10.7M | $63.3M |
| EPS (diluted) | $22.68 | $8.64 | $7.35 | −$5.92 | $0.10 | $3.22 | $2.59 | $2.79 | −$1.41 | $2.67 |
| Gross margin | 73.2% | 36.7% | 37.2% | 3.2% | 20.2% | 22.4% | 37.9% | 35.9% | 16.0% | 35.2% |
| Operating margin | 47.7% | 23.1% | 21.4% | −13.9% | 2.8% | 13.4% | 15.0% | 11.6% | −6.4% | 18.1% |
| Net margin | 33.2% | 14.7% | 14.4% | −11.9% | 0.5% | 10.0% | 11.0% | 7.7% | −2.8% | 11.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $246.7M | $242.9M | $246.2M | $216.4M | $222.0M | $217.1M | $161.4M | $175.2M | $206.4M | $206.4M | $162.7M | $131.5M |
| Cost of revenue | $71.1M | $65.6M | $51.9M | $97.8M | $95.0M | $86.6M | $138.4M | $131.8M | $101.8M | $102.1M | $88.1M | $89.5M |
| Gross profit | $175.6M | $177.3M | $194.3M | $118.6M | $126.9M | $130.5M | $23.0M | $43.4M | $104.6M | $104.4M | $74.5M | $42.0M |
| Sales, general & admin | $23.9M | $22.4M | $10.9M | $20.8M | $20.0M | $20.5M | $10.2M | $19.2M | $17.5M | $16.3M | $12.2M | $13.9M |
| Total operating expenses | $64.6M | $61.9M | $50.3M | $28.0M | $32.6M | $30.1M | $17.1M | $29.3M | $28.6M | $26.9M | $20.4M | $22.0M |
| Operating income | $111.0M | $115.4M | $144.0M | $90.6M | $94.4M | $100.3M | $5.9M | $14.1M | $76.0M | $77.4M | $54.2M | $20.1M |
| Interest income | — | — | $1.4M | $195,000 | $2.6M | $5.3M | $4.5M | $2.8M | — | — | — | $2.8M |
| Interest expense | $1.1M | $923,000 | $1.0M | $1.0M | $3.7M | $3.4M | $3.3M | $3.4M | $3.5M | $3.1M | $2.8M | $2.8M |
| Income before taxes | $111.0M | $115.4M | $144.0M | $90.6M | $94.4M | $100.3M | $5.9M | $14.1M | $76.0M | $77.4M | $54.2M | $20.1M |
| Income taxes | $28.1M | $30.3M | $36.0M | $22.7M | $24.1M | $26.1M | $1.8M | $4.7M | $18.9M | $20.5M | $13.2M | $4.4M |
| Net income | $73.8M | $73.4M | $97.7M | $65.5M | $66.2M | $69.7M | $2.6M | $5.7M | $54.1M | $47.6M | $38.1M | $13.2M |
| EBITDA | $114.1M | $118.5M | $147.3M | $93.9M | $102.2M | $105.7M | $11.3M | $19.7M | $80.9M | $81.6M | $58.9M | $24.9M |
| EPS (diluted) | $5.60 | $5.45 | $7.25 | $4.90 | $5.18 | $5.35 | $0.31 | $0.47 | $4.21 | $3.65 | $3.22 | $1.41 |
| Gross margin | 71.2% | 73.0% | 78.9% | 54.8% | 57.2% | 60.1% | 14.3% | 24.8% | 50.7% | 50.6% | 45.8% | 32.0% |
| Operating margin | 45.0% | 47.5% | 58.5% | 41.9% | 42.5% | 46.2% | 3.6% | 8.0% | 36.8% | 37.5% | 33.3% | 15.3% |
| Net margin | 29.9% | 30.2% | 39.7% | 30.3% | 29.8% | 32.1% | 1.6% | 3.2% | 26.2% | 23.1% | 23.4% | 10.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in HCI's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
HCI financial results
In fiscal year 2025 (ended December 31, 2025), HCI reported revenue of $900.9 million, up 20.2% from the year before. It had net income of $299.0 million (up 171.9%), a net profit margin of 33.2%. Diluted earnings per share came to $22.68. Over five years revenue grew at an average rate of 26.7% a year.
See the HCI stock overview for the latest quote and news, or the HCI chart for price history and technical indicators.
HCI income statement FAQ
What is HCI's annual revenue?
HCI reported total revenue of $900.9 million for fiscal year 2025, which ended on December 31, 2025. That was up 20.2% from $749.5 million the previous year.
Is HCI profitable?
Yes. HCI reported net income of $299.0 million in fiscal 2025, a net profit margin of 33.2%; its operating margin was 47.7%.
What is HCI's gross margin?
HCI's gross margin was 73.2% in fiscal 2025: for every $100 of revenue, HCI kept $73 after the direct cost of its products and services.
How fast is HCI growing?
Revenue grew 26.7% a year on average over the last five fiscal years, from $275.7 million to $900.9 million.
What are HCI's earnings per share?
HCI earned $22.68 per diluted share in fiscal 2025, compared with $8.64 a year earlier.
When will HCI report its next earnings?
HCI is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does HCI's fiscal year end?
HCI's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.