Goosehead Insurance, Inc.

Listed Company

GSHDCIK 0001726978NasdaqLarge AcceleratedInsurance Agents, Brokers & ServiceDelawareFY ends Dec 31

Period

FY 2025

Revenue

$365.30M

Net Income

$27.83M

Total Assets

$414.86M

Equity

$-95.50M

Shares Out

21.15M

Op. Cash Flow

$91.76M

GSHD$54.29−46.89% · past yearDBEQ Basic

Daily closing prices

Business

Goosehead Insurance is an independent personal lines insurance agency that distributes home, auto, and related policies across the United States through a three-channel model: corporate-owned sales offices, franchised agencies, and enterprise partnerships. The company earns commissions from insurance carriers and fees from clients by connecting them with policies from a portfolio of over 200 carriers via proprietary quoting technology and licensed agents. Goosehead operates through corporate sales, franchise sales, and partnerships, supporting agents with centralized service centers, training, and technology infrastructure.

Summary from 10-K filed 2026-02-19

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenues	365	315	261	209	151
Employee compensation and benefits	196	173	153	133	95
General and administrative expenses	81	67	62	53	40
Bad debts	2	3	4	6	3
Depreciation and amortization	11	10	9	7	5
Total operating expenses	291	253	228	199	143
Income from operations	74	61	33	10	9
Interest expense	−24	−7	−7	−5	—
Other income (expense)	192,000	−7	0	0	—
Income before taxes	51	47	26	5	6
Tax expense (benefit)	6	−2	3	2	−2
Net Income	44	49	24	3	8
Less: net income attributable to noncontrolling interests	17	19	10	2	3
Net Income attributable to Goosehead Insurance, Inc.	28	30	14	565,000	5
Basic (in dollars per share)	1.11	1.23	0.59	0.03	0.28
Diluted (in dollars per share)	1.04	1.16	0.55	0.03	0.26
Basic (in shares)	25	25	24	21	19
Diluted (in shares)	38	38	38	22	21

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	34	54	42	29	29
Restricted cash	4	4	2	2	2
Commissions and agency fees receivable, net	37	31	13	14	12
Receivable from franchisees, net	11	11	10	5	3
Prepaid expenses	8	8	8	4	5
Total current assets	93	109	75	54	50
Receivable from franchisees, net of current portion	3	3	9	24	29
Property and equipment, net of accumulated depreciation	22	24	30	35	25
Right-of-use asset	34	37	38	44	33
Intangible assets, net of accumulated amortization	40	25	17	4	3
Deferred income taxes, net	216	193	181	155	126
Other assets	7	6	4	4	5
Total assets	415	398	355	321	270
Accounts payable and accrued expenses	34	23	16	16	13
Premiums payable	4	4	2	2	2
Lease liability	9	7	9	7	5
Contract liabilities	3	3	4	6	6
Note payable	3	10	9	7	4
Liabilities under tax receivable agreement	6	0	—	—	—
Total current liabilities	58	46	41	37	30
Lease liability, net of current portion	51	55	57	65	47
Note payable, net of current portion	289	82	68	87	118
Contract liabilities, net of current portion	13	15	23	41	43
Liabilities under tax receivable agreement, net of current portion	166	160	149	126	—
Total liabilities	578	359	338	355	339
Commitments and contingencies (see notes 9, 15, and 17)	—	—	—	—	—
Additional paid-in capital	37	59	73	71	46
Accumulated deficit	−133	−15	−46	−61	−61
Total stockholders' equity	−96	44	28	11	−14
Noncontrolling interests	−67	−5	−11	−44	−55
Total equity	−163	39	17	−34	−69
Total liabilities and equity	415	398	355	321	270

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	11	11	9	7	5
Amortization of debt discounts and issuance costs	1	420,000	225,000	—	—
(Gain) loss on disposal of fixed assets	−189,000	74,000	0	—	—
Loss on debt extinguishment	804,000	0	0	—	—
Impairment expense	5	347,000	4	0	0
Equity-based compensation	23	28	24	20	7
Adjustments to tax receivable agreement liability	516,000	9	24	25	39
Deferred income taxes	6	−4	−22	−22	−43
Noncash lease expense	−2	−4	−748,000	2	6
Cloud computing arrangement implementation costs	−657,000	−1	−85,000	0	0
Receivable from franchisees	104,000	4	8	−722,000	−12
Commissions and agency fees receivable	−6	−20	−28,000	−5	5
Prepaid expenses	588,000	−250,000	−4	451,000	−1
Other assets	966,000	827,000	486,000	548,000	−805,000
Accounts payable and accrued expenses	7	5	−109,000	3	4
Contract liabilities	−2	−9	−19	−2	14
Net cash provided by operating activities	92	72	51	36	35
Issuance of notes receivable to franchisees	−125,000	−325,000	−130,000	0	—
Proceeds from notes receivable to franchisees	303,000	94,000	0	43,000	32,000
Capitalized software development costs	−13	−11	−8	−2	−3
Cash consideration paid for asset acquisitions	−5	0	−7	0	0
Cash paid for asset disposals	−32,000	0	0	—	—
Purchase of property and equipment	−6	−979,000	−4	−10	−13
Net cash used for investing activities	−24	−12	−19	−13	−15
Customer premiums, net	−481,000	994,000	−75,000	−309,000	—
Debt issuance cost	−8	−621,000	0	0	−666,000
Repayment of notes payable	−102	−9	−17	−4	−4
Proceeds from notes payable	306	25	0	0	25
Proceeds from the issuance of Class A common stock	14	12	10	6	5
Repurchases of Class A common stock	−82	−63	0	0	—
Member distributions	−64	−5	−11	0	0
Payments pursuant to tax receivable agreement	−7	−5	0	0	—
Dividends to stockholders	−146	0	0	0	−60
Net cash used for financing activities	−88	−45	−18	−24	−16
Net increase (decrease) in cash and cash equivalents, and restricted cash	−20	14	14	−92,000	4
Cash paid during the year for interest	22	7	6	5	2
Cash paid for income taxes	929,000	631,000	701,000	484,000	272,000
Cash paid pursuant to tax receivable agreement	7	5	421,000	—	—

Filings

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Frequently asked questions

What is Goosehead Insurance, Inc.'s CIK number?

Goosehead Insurance, Inc.'s SEC CIK number is 0001726978 (1726978). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find Goosehead Insurance, Inc.'s SEC filings?

All of Goosehead Insurance, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did Goosehead Insurance, Inc. last report earnings?

Goosehead Insurance, Inc. (GSHD) most recently filed an earnings 8-K with the SEC on Apr 22, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001726978-26-000039). This is Goosehead Insurance, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is Goosehead Insurance, Inc.'s most recent earnings 8-K?

Goosehead Insurance, Inc.'s latest earnings 8-K (Item 2.02) was filed Apr 22, 2026 under accession 0001726978-26-000039. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View Goosehead Insurance, Inc.'s latest earnings 8-K →
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