The Hartford Financial Services Group, Inc. (HIG) Income Statement
HIG 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsHIG revenue and net income
Where HIG's revenue goes
2025Each bar shows an amount and its share of revenue. HIG kept 13.6% of revenue as net income.
HIG profit margins
HIG growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +7.1% | +8.9% | +6.8% | +5.9% |
| Gross profit | +228.0% | +85.2% | +41.1% | +21.6% |
| Operating income | +23.7% | +28.1% | +17.6% | +12.4% |
| Net income | +23.3% | +28.2% | +17.2% | +8.6% |
| EPS (diluted) | +30.4% | +21.1% | +18.4% | +13.2% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
HIG quarterly EPS vs estimates
The Hartford beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: October 26, 2026 (estimate $3.15).
HIG income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $28.26B | $26.38B | $24.33B | $21.85B | $21.65B | $20.32B | $20.51B | $18.75B | $17.16B | $16.29B |
| Cost of revenue | $15.24B | $22.41B | $21.16B | $19.80B | $19.18B | $17.99B | $17.77B | $16.83B | $16.11B | $15.51B |
| Gross profit | $13.02B | $3.97B | $3.17B | $2.05B | $2.47B | $2.33B | $2.74B | $1.92B | $1.05B | $778.0M |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | — | — | — | — | — | — | $4.47B | $4.23B | $4.55B | $3.52B |
| Total operating expenses | $8.26B | $121.0M | $79.0M | −$211.0M | −$435.0M | $209.0M | $183.0M | $167.0M | $330.0M | $331.0M |
| Operating income | $4.76B | $3.85B | $3.09B | $2.26B | $2.90B | $2.12B | $2.56B | $1.75B | $723.0M | $447.0M |
| Interest income | $199.0M | $115.0M | $199.0M | $213.0M | $234.0M | $236.0M | $259.0M | $298.0M | $316.0M | $327.0M |
| Interest expense | $199.0M | $199.0M | $199.0M | $213.0M | $234.0M | $236.0M | $259.0M | $298.0M | $316.0M | $327.0M |
| Income before taxes | $4.76B | $3.85B | $3.09B | $2.26B | $2.90B | $2.12B | $2.56B | $1.75B | $723.0M | $447.0M |
| Income taxes | $924.0M | $738.0M | $584.0M | $443.0M | $534.0M | $383.0M | $475.0M | $268.0M | $985.0M | −$166.0M |
| Net income | $3.84B | $3.11B | $2.50B | $1.82B | $2.37B | $1.74B | $2.08B | $1.81B | −$3.13B | $896.0M |
| EBITDA | $5.36B | $4.21B | $3.60B | $2.89B | $3.58B | $2.68B | $3.27B | $2.52B | $1.44B | $1.17B |
| EPS (diluted) | $13.44 | $10.31 | $8.91 | $7.56 | $6.17 | $5.78 | $5.65 | $4.33 | $3.45 | $3.40 |
| Gross margin | 46.1% | 15.0% | 13.0% | 9.4% | 11.4% | 11.5% | 13.4% | 10.2% | 6.1% | 4.8% |
| Operating margin | 16.8% | 14.6% | 12.7% | 10.4% | 13.4% | 10.4% | 12.5% | 9.3% | 4.2% | 2.7% |
| Net margin | 13.6% | 11.8% | 10.3% | 8.3% | 11.0% | 8.5% | 10.2% | 9.6% | −18.2% | 5.5% |
| 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 | $7.26B | $7.23B | $7.31B | $7.23B | $6.99B | $6.81B | $6.80B | $6.71B | $6.47B | $6.40B | $6.32B | $6.10B |
| Cost of revenue | $4.75B | $4.00B | $3.73B | $3.79B | $3.71B | $4.00B | $5.74B | $5.73B | $5.51B | $5.44B | $5.38B | $5.29B |
| Gross profit | $2.51B | $3.23B | $3.58B | $3.44B | $3.27B | $2.81B | $1.06B | $983.0M | $963.0M | $961.0M | $942.0M | $815.0M |
| Sales, general & admin | $1.88B | — | — | — | — | — | — | — | — | — | — | — |
| Total operating expenses | $1.88B | $2.17B | $2.17B | $2.12B | $2.03B | $2.03B | −$11.0M | $31.0M | $51.0M | $50.0M | −$8.0M | $2.0M |
| Operating income | $629.0M | $1.06B | $1.41B | $1.32B | $1.25B | $783.0M | $1.07B | $952.0M | $912.0M | $911.0M | $950.0M | $813.0M |
| Interest income | — | — | $49.0M | $30.0M | $19.0M | $61.0M | $56.0M | $23.0M | — | — | — | $50.0M |
| Interest expense | $50.0M | $50.0M | $49.0M | $50.0M | $50.0M | $50.0M | $50.0M | $49.0M | $50.0M | $50.0M | $49.0M | $50.0M |
| Income before taxes | $1.23B | $1.06B | $1.41B | $1.32B | $1.25B | $783.0M | $1.07B | $952.0M | $912.0M | $911.0M | $950.0M | $813.0M |
| Income taxes | $251.0M | $201.0M | $282.0M | $238.0M | $251.0M | $153.0M | $221.0M | $185.0M | $174.0M | $158.0M | $179.0M | $162.0M |
| Net income | $1.30B | $856.0M | $1.13B | $1.08B | $995.0M | $630.0M | $853.0M | $767.0M | $738.0M | $753.0M | $771.0M | $651.0M |
| EBITDA | $740.0M | $1.22B | $1.60B | $1.44B | $1.39B | $925.0M | $1.16B | $1.04B | $972.0M | $1.04B | $1.07B | $941.0M |
| EPS (diluted) | $3.42 | $3.09 | $4.06 | $3.77 | $3.41 | $2.20 | $2.94 | $2.53 | $2.50 | $2.34 | $3.06 | $2.29 |
| Gross margin | 34.6% | 44.7% | 48.9% | 47.6% | 46.9% | 41.3% | 15.6% | 14.6% | 14.9% | 15.0% | 14.9% | 13.4% |
| Operating margin | 8.7% | 14.6% | 19.3% | 18.2% | 17.8% | 11.5% | 15.8% | 14.2% | 14.1% | 14.2% | 15.0% | 13.3% |
| Net margin | 17.9% | 11.8% | 15.5% | 14.9% | 14.2% | 9.3% | 12.5% | 11.4% | 11.4% | 11.8% | 12.2% | 10.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in HIG's financial statements (latest annual report filed February 20, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
HIG financial results
In fiscal year 2025 (ended December 31, 2025), The Hartford reported revenue of $28.3 billion, up 7.1% from the year before. It had net income of $3.8 billion (up 23.3%), a net profit margin of 13.6%. Diluted earnings per share came to $13.44. Over five years revenue grew at an average rate of 6.8% a year.
See the HIG stock overview for the latest quote and news, or the HIG chart for price history and technical indicators.
HIG income statement FAQ
What is The Hartford's annual revenue?
The Hartford reported total revenue of $28.3 billion for fiscal year 2025, which ended on December 31, 2025. That was up 7.1% from $26.4 billion the previous year.
Is The Hartford profitable?
Yes. The Hartford reported net income of $3.8 billion in fiscal 2025, a net profit margin of 13.6%; its operating margin was 16.8%.
What is The Hartford's gross margin?
The Hartford's gross margin was 46.1% in fiscal 2025: for every $100 of revenue, The Hartford kept $46 after the direct cost of its products and services.
How fast is The Hartford growing?
Revenue grew 6.8% a year on average over the last five fiscal years, from $20.3 billion to $28.3 billion.
What are The Hartford's earnings per share?
The Hartford earned $13.44 per diluted share in fiscal 2025, compared with $10.31 a year earlier.
When will The Hartford report its next earnings?
The Hartford is expected to report results for the quarter ending September 30, 2026 on October 26, 2026 after the market closes.
When does The Hartford's fiscal year end?
The Hartford's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 20, 2026.