EarningsQ2 2026 Earnings Report
DE:2OX Q2 2026 EPS Results
Actual EPS€0.57
Consensus EPS€0.42
Beat/MissBeat by +€0.15
One Year Ago EPS€0.44
DE:2OX Q2 2026 Revenue Results
Actual Revenue€101.12M
Expected Revenue€92.12M
Beat/MissBeat by +€9.00M
YoY Revenue Growth+20.59%
Earnings Announcement Details
QuarterQ2 2026
Date07/22/2026
TimeAfter Close
Conference CallWednesday, July 22, 2026
DE:2OX Upcoming Earnings
GooseHead Insurance's next earnings date is estimated for October 28, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:2OX Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call emphasized broad-based operational momentum: double-digit premium and policy growth, improving client retention, strong revenue and adjusted EBITDA expansion, substantial gains in producer productivity, successful technology rollouts (Digital Agent and Lily), and accelerating enterprise partnerships. Key upside drivers included a large year-over-year increase in contingent commissions, robust new business commissions and royalties, and continued franchise monetization (average payments to franchises +35% YoY). Offsetting items include planned higher comp and G&A spending tied to growth investments (which may compress margins ex-contingent), contingent commission volatility, moderate pricing declines in auto (and modest home pressure), some one-time implementation and contract termination costs, and a modest cash balance relative to debt. On balance, positives notably outweigh the risks, driven by consistent execution, meaningful top-line and profitability improvements, and a clear path for scaling distribution and technology.Company Guidance
Strong Premium and Policy Growth
Total written premiums grew ~14% year-over-year to approximately $1.36 billion (accelerating from Q1); policies in force increased 15% year-over-year to ~2.1 million, reflecting continued top-line expansion and scale.
Revenue and Adjusted EBITDA Expansion
Total revenues rose ~21% year-over-year to ~$113.4 million (core revenues up ~10% to ~$95.6 million). Adjusted EBITDA increased ~30% year-over-year to $37.9 million, delivering a strong adjusted EBITDA margin in the low- to mid-30% range (33%–34%). When excluding a $4 million 2025 commission recovery, core revenues rose ~16% and total revenues ~26% year-over-year.
Improving Client Retention
Client retention improved sequentially to 86% (from 85%), its highest level since the hard market began; management sees no structural limitation to reaching or exceeding a prior high of 89%, supporting durable revenue and margin prospects.
Franchise Network Productivity and Producer Growth
Franchise producers reached ~2,190 (nearly 2.2k), up 5% year-over-year and 2% sequentially; producer hires increased ~30% year-over-year. Average producers per franchise ~2.4. Average monthly payment to a franchise rose over 35% year-over-year to more than $28,000, indicating higher income per location and improved unit economics.
Digital & Technology Progress (Digital Agent 2.0 and Lily)
Launched the country's first end-to-end choice shopping platform for personal lines with full digital shopping and binding in Texas; early digital transactions are producing business and improving agent productivity. Lily, the AI voice assistant, handled ~20% of inbound service calls on average and exceeded 30% in some periods, automating routine work and freeing service professionals for higher-value tasks.
Enterprise Sales Momentum and Partnerships
Enterprise sales generated approximately $3 million in new business commissions and agency fees in the quarter and represented ~21% of total new business commissions and agency fees; enterprise is rapidly scaling (approaching a third of the size of corporate sales within three years), expanding embedded distribution opportunities.
Ancillary / Contingent Commissions Surge
Ancillary revenues, largely contingent commissions, grew ~180% year-over-year to $16.3 million, driven by improved underwriting loss ratios, favorable carrier mix and optimized carrier relationships; management is tracking contingents to outperform prior expectations this year.
New Business Commissions & Royalties Growth
New business commissions grew ~27% year-over-year to $9 million (consecutive quarters >20% growth for the first time since 2021). New business royalties rose ~20% year-over-year to $9.4 million, reflecting higher producer counts and increased productivity.
Cash Generation and Capital Return
Generated $15.9 million of operating cash flow in Q2 and $38.8 million year-to-date. Repurchased 95k Class A shares for $3.9 million in the quarter and over 1 million shares for $53.7 million year-to-date; $144.6 million remains on the share repurchase authorization, signaling ongoing capital return optionality.
Leadership Transition with Strong Internal Successor
Founder/CEO announced retirement at year-end with an internal successor named (Mark Jones Jr.). Management emphasized the continuity and depth of leadership, with the successor having nearly a decade on the management team and broad organizational support.
DE:2OX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed