GSHD · Goosehead Insurance, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $93.08M | - | $90.44M | $94.03M | $75.58M | - | $78.03M | $78.09M | $64.46M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $23.97M | - | $17.11M | $24.65M | $17.56M | - | $15.20M | $16.86M | $17.18M | - |
| Total Operating Expenses | $78.08M | - | $69.16M | $78.37M | $68.97M | - | $61.60M | $62.69M | $63.01M | - |
| D&A | $3.21M | - | - | - | $2.97M | - | - | - | $2.63M | - |
| Operating Income | $14.99M | - | $21.28M | $15.66M | $6.61M | - | $16.44M | $15.40M | $1.46M | - |
| Interest Expense | $5.47M | - | $5.97M | $6.30M | $1.49M | - | $2.06M | $1.98M | $1.49M | - |
| Income Tax | $1.75M | - | $2.40M | $1.89M | ($1.69M) | - | $2.31M | $2.98M | ($1.84M) | - |
| Net Income | $4.89M | - | $7.91M | $5.15M | $2.34M | - | $7.56M | $6.20M | $1.81M | - |
| EPS - Basic | - | - | $0.31 | $0.20 | $0.09 | - | $0.31 | $0.25 | $0.07 | - |
| EPS - Diluted | - | - | $0.29 | $0.18 | $0.09 | - | $0.29 | $0.24 | $0.05 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $25.65M | $34.39M | $51.59M | $92.39M | $70.21M | $54.28M | $47.54M | $23.64M | $51.09M | $41.96M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $73.29M | $93.24M | $93.08M | $135.17M | $115.40M | $108.56M | $76.75M | $52.70M | $76.93M | $74.56M |
| Total Assets | $392.81M | $414.86M | $403.60M | $436.59M | $412.56M | $397.65M | $358.06M | $338.21M | $366.21M | $354.89M |
| Current Liabilities | $55.64M | $58.31M | $48.15M | $46.23M | $41.38M | $46.46M | $49.47M | $46.43M | $44.44M | $40.89M |
| Long-term Debt | $314.92M | $289.46M | $290.00M | $289.78M | $290.33M | $82.25M | $84.64M | $87.03M | $65.12M | $67.56M |
| Total Liabilities | $597.00M | $577.65M | $574.32M | $567.18M | $558.07M | $358.58M | $355.82M | $357.94M | $337.97M | $338.11M |
| Stockholders' Equity | ($121.27M) | ($95.50M) | ($104.98M) | ($78.59M) | ($88.54M) | $43.89M | $58.35M | $39.77M | $67.35M | $56.55M |
| Retained Earnings | ($128.47M) | ($133.36M) | ($145.79M) | ($153.69M) | ($158.84M) | ($15.40M) | ($31.03M) | ($38.35M) | ($45.46M) | ($47.06M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $22.87M | - | - | - | $15.48M | - | - | - | $11.86M | - |
| Investing Cash Flow | ($7.14M) | - | - | - | ($3.31M) | - | - | - | ($2.88M) | - |
| Financing Cash Flow | ($24.58M) | - | - | - | $2.43M | - | - | - | $91.0K | - |
| CapEx | $1.63M | - | - | - | $579.0K | - | - | - | $222.0K | - |
| Free Cash Flow | $21.23M | - | - | - | $14.90M | - | - | - | $11.64M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 16.1% | - | 23.5% | 16.7% | 8.8% | - | 21.1% | 19.7% | 2.3% | - |
| EBITDA margin | 19.6% | - | - | - | 12.7% | - | - | - | 6.3% | - |
| Net margin | 5.3% | - | 8.7% | 5.5% | 3.1% | - | 9.7% | 7.9% | 2.8% | - |
| Free cash flow margin | 22.8% | - | - | - | 19.7% | - | - | - | 18.1% | - |
| FCF / Net income | 4.34 | - | - | - | 6.36 | - | - | - | 6.42 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 25.8% | - | 18.9% | 26.2% | 23.2% | - | 19.5% | 21.6% | 26.7% | - |
| Effective tax rate | 26.3% | - | 23.3% | 26.8% | -257.6% | - | 23.4% | 32.5% | - | - |
| Return on assets | 1.2% | - | 2.0% | 1.2% | 0.6% | - | 2.1% | 1.8% | 0.5% | - |
| Return on equity | -4.0% | - | -7.5% | -6.6% | -2.6% | - | 13.0% | 15.6% | 2.7% | - |
| Return on invested capital | 5.7% | - | 8.8% | 5.4% | 3.3% | - | 8.8% | 8.2% | 0.9% | - |
| Liquidity | ||||||||||
| Current ratio | 1.32 | 1.60 | 1.93 | 2.92 | 2.79 | 2.34 | 1.55 | 1.14 | 1.73 | 1.82 |
| Quick ratio | 1.32 | 1.60 | 1.93 | 2.92 | 2.79 | 2.34 | 1.55 | 1.14 | 1.73 | 1.82 |
| Cash ratio | 0.46 | 0.59 | 1.07 | 2.00 | 1.70 | 1.17 | 0.96 | 0.51 | 1.15 | 1.03 |
| Leverage | ||||||||||
| Debt / Equity | -2.60 | -3.03 | -2.76 | -3.69 | -3.28 | 1.87 | 1.45 | 2.19 | 0.97 | 1.19 |
| Debt / Assets | 0.80 | 0.70 | 0.72 | 0.66 | 0.70 | 0.21 | 0.24 | 0.26 | 0.18 | 0.19 |
| Debt / EBITDA | 17.30 | - | - | - | 30.30 | - | - | - | 15.93 | - |
| Interest coverage | 2.7x | - | 3.6x | 2.5x | 4.4x | - | 8.0x | 7.8x | 1.0x | - |
| Equity multiplier | -3.24 | -4.34 | -3.84 | -5.56 | -4.66 | 9.06 | 6.14 | 8.50 | 5.44 | 6.28 |
| Liabilities / Assets | 1.52 | 1.39 | 1.42 | 1.30 | 1.35 | 0.90 | 0.99 | 1.06 | 0.92 | 0.95 |
| Efficiency | ||||||||||
| Asset turnover | 0.24 | - | 0.22 | 0.22 | 0.18 | - | 0.22 | 0.23 | 0.18 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | 256.6x | 586.2x | 1311.8x | - | 307.9x | 239.3x | 1332.4x | - |
| P / B | - | - | - | - | - | - | 58.1x | 54.9x | 38.4x | - |
| P / S | 16.8x | - | 31.3x | 43.3x | 40.5x | - | 43.4x | 28.0x | 40.1x | - |
| EV / EBITDA | 101.7x | - | - | - | 342.7x | - | - | - | 636.5x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 23.1% | - | 15.9% | 20.4% | 17.3% | - | 9.9% | 12.7% | 11.2% | - |
| Revenue CAGR (3y) | 17.1% | - | 16.2% | 21.0% | 22.3% | - | 23.2% | 26.9% | 27.3% | - |
| Revenue CAGR (5y) | 24.4% | - | 23.1% | 25.7% | 29.9% | - | 29.8% | 32.1% | 22.7% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 126.7% | - | 29.4% | 1.7% | 354.6% | - | 20.7% | 37.6% | -1.0% | - |
| Net income growth (YoY) | 108.8% | - | 4.6% | -16.9% | 29.1% | - | 9.0% | 69.1% | - | - |
| EPS growth (YoY) | - | - | 0.0% | -25.0% | 80.0% | - | 3.6% | 60.0% | - | - |
| EPS CAGR (3y) | - | - | 47.7% | 108.0% | - | - | 15.1% | 50.8% | - | - |
| EPS CAGR (5y) | - | - | 11.3% | -1.1% | - | - | 37.0% | 32.0% | -20.8% | - |
| FCF growth (YoY) | 42.5% | - | - | - | 28.1% | - | - | - | - | - |
| FCF CAGR (5y) | 29.0% | - | - | - | - | - | - | - | 83.9% | - |
| Book value growth (YoY) | -37.0% | - | - | - | - | -22.4% | 25.3% | 34.0% | 291.8% | 430.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$729.94M totalFranchise$209.25M · 28.7%
Renewal Royalty Fees$170.77M · 23.4%
Commissions And Agency Fees$155.39M · 21.3%
Renewal Commissions$78.62M · 10.8%
Contingent Commissions$38.38M · 5.3%
New Business Royalty Fees$30.15M · 4.1%
New Business Commissions$27.98M · 3.8%
Agency Fees$10.40M · 1.4%
Initial Franchise Fees$5.59M · 0.8%
Other Franchise Revenues$2.73M · 0.4%
Interest Income1$670.0K · 0.1%
Peer comparison
Same SIC group: Insurance Agents, Brokers & Service
Comparing Goosehead Insurance against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months · -100.0% YoY
| Ex-date | Per share |
|---|---|
| Jan 21, 2025 | $5.9100 |
| Aug 6, 2021 | $1.6300 |
| Aug 7, 2020 | $1.1490 |
| Mar 15, 2019 | $0.4100 |