GlobeNewswire·Nov 9, 2026, 4:07 PM ET

Goosehead Insurance, Inc. Releases Preliminary Third Quarter 2026 Results

GSHD

Goosehead Insurance announced preliminary Q3 2026 results with total revenue up approximately 17% & core revenue up 13% compared to the prior year.
Total written premiums increased 11% to $1.31 billion while policies in force grew 14% to approximately 2.1 million.
Corporate agent headcount reached 568 (up 9%) & total franchise producers totaled 2,272 (up 7%).
The company is delaying its full earnings release & will restate financial statements for 2023-2025 due to departures from GAAP regarding customer contract costs & fee presentation.
Management determined that certain commissions paid to obtain contracts must be capitalized & amortized rather than expensed immediately.
A second GAAP departure was identified where technology & E&O fees charged to franchisees were incorrectly recorded as expense reductions instead of revenue.
The restatement is expected to increase total revenue & general administrative expenses by $11 million to $16 million for the year ended December 31, 2025.
Full year 2026 guidance was reaffirmed with total revenue growth expected between 12% to 19% & written premium growth between 12% to 20%.
As of September 30, 2026, the company held $32.8 million in cash, had $26 million drawn on a $75 million credit line, & $322.3 million in outstanding notes payable.
$144.6 million remained available under the company's share repurchase authorization.
The company plans to file Form 10-K/A amendments to restate annual & interim financial reports for the affected periods.
A conference call & webcast to discuss these preliminary results is scheduled for November 9, 2026, at 4:30 PM ET.

Company: Goosehead Insurance, Inc.
Keywords: Nasdaq:GSHD, Goosehead Insurance, Inc.