Core Financial Performance - Total revenue for 2025 increased by 16% compared to the previous year, reaching $365.3 million [1][5] - Core revenue, which excludes certain non-GAAP items, also grew by 16% to $317.9 million [1][5] - Adjusted EBITDA for 2025 rose by 14% to $113.6 million, with an adjusted EBITDA margin of 31% [1][6][35] Fourth Quarter Highlights - In Q4 2025, total revenues were $105.3 million, a 12% increase from Q4 2024 [5][6] - Core revenues for Q4 were $78.2 million, reflecting a 15% growth year-over-year [5][6] - Net income for Q4 was $20.8 million, down from $23.8 million in the prior year, resulting in a net income margin of 20% [6][8] Share Repurchase and Capital Management - The company repurchased $81.7 million of shares at an average price of $80.60 during the year [1] - The share repurchase authorization was expanded by $180 million, extending through May 1, 2027 [1][11] Strategic Developments - The company launched its Digital Agent 2.0 platform in Texas, enhancing its digital insurance buying experience [4] - AI technologies were deployed to improve service efficiency and client experience [4] Board of Directors Update - Louis Goldberg was elected to the Board of Directors, bringing over 28 years of experience in corporate governance [12][14] - Thomas McConnon will step down from the Board effective February 18, 2026 [17] 2026 Outlook - The company expects total revenues to grow organically between 10% and 19% and total written premiums to increase between 12% and 20% [15]
Goosehead Insurance, Inc. Announces Fourth Quarter and Full Year 2025 Results