Goosehead Insurance, Inc.

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenues:
Total operating expenses $74.1m $63.4m $97.1m $142.6m $199.3m $228.3m $253.4m $290.9m
Income from operations ($13.9m) $14.1m $19.9m $8.7m $10.1m $33.0m $61.1m $74.4m
Employee compensation and benefits $58.3m $41.7m $66.8m $93.0m $133.3m $152.6m $172.9m $196.4m
Bad debts $1.3m $725k $1.6m $3.0m $6.2m $4.4m $2.9m $1.8m
Depreciation and amortization $1.5m $1.9m $3.1m $4.9m $6.9m $9.2m $10.5m $11.3m
Income before taxes ($18.2m) $11.7m $17.7m $6.0m $5.1m $26.4m $46.7m $50.8m
Net Income ($18.7m) $10.4m $18.8m $8.3m $2.6m $23.7m $49.1m $44.5m
Net Income attributable to Goosehead Insurance, Inc. ($8.9m) $3.6m $9.3m $5.4m $565k $14.1m $30.4m $27.8m
Less: net income attributable to noncontrolling interests ($9.8m) $6.8m $9.5m $2.9m $2.1m $9.6m $18.7m $16.6m
Basic (in dollars per share) ($1.38) $0.70 $1.12 $0.43 $0.13 $0.99 $1.99 $1.78
Diluted (in dollars per share) ($1.38) $0.64 $1.02 $0.40 $0.12 $0.62 $1.28 $1.17
General and administrative expenses $13.1m $19.0m $25.5m $41.7m $52.9m $62.1m $67.1m $81.4m
Interest expense ($4.3m) ($2.4m) ($2.3m) ($2.9m) ($5.0m) ($6.6m) ($7.3m) ($23.8m)
Other income (expense) ($22k) $0 $90k $185k $0 $0 ($7.1m) $192k
Tax expense (benefit) ($449k) ($1.3m) ($1.0m) ($2.3m) $2.5m $2.7m ($2.4m) $6.4m