Goosehead Insurance Q2 adjusted EPS, EBITDA beat expectations on agent and franchise growth
GSHD•Growth drivers and guidance
Core revenue growth was driven by more policies in their renewal term, supported by an 86% client retention rate and more new policies placed. Growth in the number of corporate and franchise sales agents and improved franchise productivity also contributed to new policy sales.
The company said the product market is more favorable than it has been in years, supporting growth.
Goosehead raised its 2026 total revenue growth guidance to 12% to 19% organically and said it expects 2026 total written premiums to grow 12% to 20%.
The current average analyst rating on the shares is "hold," with 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 $72.00, about 34% above its July 21 closing price of $53.75. The stock recently traded at 23 times the next 12-month earnings versus a P/E of 19 three months ago.
Q2 results beat expectations
Goosehead Insurance said second-quarter revenue rose 21% year over year, while adjusted EPS and adjusted EBITDA both beat analyst expectations.
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | $113.40 mln | ||
| Q2 Core Revenue | $95.60 mln | ||
| Q2 Adjusted EPS | Beat | $0.64 | $0.48 (12 Analysts) |
| Q2 Net Income | $17 mln | ||
| Q2 Adjusted EBITDA | Beat | $37.90 mln | $28.46 mln (8 Analysts) |
