Core Viewpoint - Goosehead Insurance has expanded the role of Mark Jones, Jr. to include both Chief Financial Officer and Chief Operating Officer, aiming to enhance operational efficiency and strategic execution [1][3]. Company Overview - Goosehead Insurance, Inc. is a rapidly growing independent personal lines insurance agency operating through corporate and franchise locations across the United States [4]. - The company represents over 200 insurance companies that underwrite personal and commercial lines, focusing on providing exceptional value and service to consumers [4]. Leadership and Strategy - Mark Jones, Jr. has been with Goosehead since 2016 and has extensive experience in finance, operations, and corporate strategy [2]. - The combination of CFO and COO roles under Jones is expected to strengthen the company's long-term strategy execution and operational discipline, ultimately delivering greater value to shareholders [3]. - Jones expressed enthusiasm for his expanded role, emphasizing the importance of unifying finance, operations, and go-to-market teams to drive the company's growth and success [3].

Core Insights - Goosehead Insurance reported strong financial results for Q2 2025, with total revenue growth of 20% and core revenue growth of 18% compared to the same period in 2024 [4][5][6] - The company achieved a net income of $8.3 million, a decrease of 24% from $10.9 million in the prior year, while adjusted EBITDA grew by 18% to $29.2 million [5][7][9] - Goosehead continues to invest in technology and personnel to enhance operational efficiency and drive future growth, aiming to become the largest distributor of personal lines insurance [3][4] Financial Performance - Total revenues for Q2 2025 were $94.0 million, up from $78.1 million in Q2 2024, while core revenues reached $86.8 million, an increase from $73.4 million [4][5] - Total written premiums increased by 18% to $1.2 billion, indicating strong future revenue potential [5][6] - The company reported an adjusted EPS of $0.49, a 14% increase from the previous year, while basic EPS decreased to $0.20 from $0.25 [5][7] Operating Expenses - Total operating expenses rose to $78.4 million from $62.7 million in the prior-year period, with employee compensation and benefits increasing to $50.4 million [6][9] - General and administrative expenses also increased to $24.6 million, primarily due to investments in technology and systems [6][9] - The company recorded an impairment expense of $4.7 million related to office leases during the quarter [6][9] Key Performance Indicators - Policies in force increased by 13% to approximately 1,793,000, with a client retention rate of 84% [5][35] - The corporate agent headcount grew by 53% to 479, while total franchise producers increased by 5% to 2,085 [5][35] - The company achieved a net promoter score (NPS) of 84, reflecting strong customer satisfaction [35] Liquidity and Capital Resources - As of June 30, 2025, Goosehead had cash and cash equivalents of $92.4 million and an unused line of credit of $75.0 million [9][10] - The company successfully repriced its existing $299.3 million term loan, reducing the interest rate by 50 basis points [10][9] - Goosehead repurchased 6,000 shares at an average price of $94.51 during the quarter, with $99.5 million remaining under the share repurchase authorization [9][10] 2025 Outlook - Goosehead expects total written premiums for 2025 to be between $4.38 billion and $4.65 billion, representing growth of 15% to 22% [12] - Total revenues for 2025 are projected to be between $350 million and $385 million, indicating growth of 11% to 22% [12]

Core Viewpoint - Goosehead Insurance, Inc. will report its second quarter 2025 results on July 23, 2025, after market close [1] Group 1: Earnings Announcement - The company will hold a conference call to discuss the results at 4:30 PM ET on July 23, 2025 [2] - Participants can access the call via a registration link and a live webcast will be available on the investor relations website [2] Group 2: Company Overview - Goosehead is a rapidly growing independent personal lines insurance agency operating through corporate and franchise locations across the United States [3] - The company focuses on providing extraordinary value by offering a broad product choice and a world-class service experience [3] - Goosehead represents over 150 insurance companies that underwrite personal and commercial lines [3]