Goosehead Insurance Q1 adjusted EPS beat estimates

Goosehead Insurance

22/04/2026 21:15

Overview

US personal lines insurance agency's Q1 adjusted EPS beat analyst expectations

Q1 adjusted EBITDA rose 57% and beat analyst expectations

Company repurchased $49.8 mln of shares during the quarter

Outlook

Goosehead expects 2026 total revenue to grow organically between 10% and 19%

Company sees 2026 total written premiums growing between 12% and 20%

Result Drivers

RENEWAL POLICIES & CLIENT RETENTION - Core revenue growth was mainly driven by more policies in their renewal term and client retention of 85%

SALES AGENT & FRANCHISE GROWTH - More corporate and franchise sales agents and higher franchise productivity led to increased new business

TECHNOLOGY INVESTMENT - Increased investment in technology, including AI, drove efficiency gains and improved client experience, per CEO

Company press release: ID:nGNXbTG3R6

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$93.10 mln
Q1 Core Revenue
$79.50 mln
Q1 Adjusted EPS
Beat
$0.37
$0.20 (13 Analysts)
Q1 Net Income
$8 mln
Q1 Adjusted EBITDA
Beat
$24.40 mln
$16.34 mln (9 Analysts)
Q1 Adjusted EBITDA Margin
26.00%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the multiline insurance & brokers peer group is "buy."

Wall Street's median 12-month price target for Goosehead Insurance Inc is $69.00, about 54.5% above its April 21 closing price of $44.67

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 34 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)