Goosehead Insurance, Inc. (GSHD) FY2025 10-K Annual Report

Filed: Feb 19, 2026
Financials
Insurance Agents, Brokers & ServiceSEC EDGAR

Goosehead Insurance, Inc. (GSHD) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 19, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Goosehead Insurance, Inc. FY2025 10-K Analysis

Business Overview

  • Core business: Independent insurance agency distributing personal lines via proprietary tech platform and agent-franchise network
  • New emphasis: Expanded Digital Agent platform enabling self-quotes and limited binding from 100+ carriers, leveraging 20+ years of data
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Management Discussion & Analysis

  • Revenue $365.3M in 2025, up 16% from $314.5M in 2024
  • Operating margin 20.4% ($74.4M income from operations/$365.3M revenue) in 2025 vs 19.4% ($61.1M/$314.5M) in 2024
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Risk Factors

  • Regulatory risk: Credit Agreement limits distributions from Goosehead Financial, LLC, restricting dividend payments and cash flow availability
  • Financial risk: Holding company structure depends on Goosehead Financial, LLC distributions, which may be legally or contractually restricted
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Goosehead Insurance, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$365M

+16.2% YoY

Net Income

$28M

-8.5% YoY

Operating Margin

20.4%

+94bp YoY

Net Margin

7.6%

-206bp YoY

ROE

-29.1%

-9847bp YoY

Total Assets

$415M

+4.3% YoY

EPS (Diluted)

$1.04

-10.3% YoY

Operating Cash Flow

$92M

+28.3% YoY

Source: XBRL data from Goosehead Insurance, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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