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Companies / Financials / Goosehead Insurance, Inc.
GSHD

Goosehead Insurance, Inc.

FinancialsInsurance
Ticker GSHDWESTLAKE, TXFiscal year ends DecemberBook value per share $-3.11Diluted shares 36.2M

Goosehead Insurance, Inc. (NASDAQ: GSHD) operates as a rapidly growing independent insurance agency reinventing the distribution of personal lines insurance policies throughout the United States. The company's website is located at goosehead.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$365.30M
+16.2% year over year
Last 12 mo $402.16M
20.38%
+0.9 percentage points
Last 12 mo 23.31%
$44.45M
−9.5% year over year
Last 12 mo $58.58M
-29.14%
−98.5 percentage points
Last 12 mo -31.40%
Cash & financing
$91.76M
+28.3% year over year
Last 12 mo $86.15M
$72.99M
+23.0% year over year
Last 12 mo $60.77M
-3.06
Was 2.10× a year earlier
Last 12 mo -2.82
38.1M
−0.5% year over year
Last 12 mo 36.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Goosehead Insurance, Inc. does

In the company’s own words

Goosehead Insurance, Inc. (NASDAQ: GSHD) operates as a rapidly growing independent insurance agency reinventing the distribution of personal lines insurance policies throughout the United States. The company's website is located at goosehead.com.

The company generates revenue through three complementary distribution channels: corporate sales, franchise sales, and enterprise partnerships. Corporate sales consists of thirteen company-owned sales offices with approximately 489 employed sales agents located across Texas, Illinois, Colorado, Ohio, Florida, North Carolina, Arizona, and Tennessee. Franchise sales represents the backbone of the distribution network, comprising 1,009 operating franchise locations across 43 states covering over 97 percent of the U.S. population. Enterprise partnerships forge relationships with national and regional platforms including mortgage servicers, lenders, and real estate companies to provide scalable insurance solutions.

Goosehead's differentiated business model combines a choice product platform partnering with over 200 insurance carriers, knowledgeable sales and service agents, and proprietary technology including the Digital Agent platform. The Digital Agent provides clients with home and auto insurance quotes from more than 100 top carriers in under two minutes. The company operates four centralized service centers staffed by fully licensed property and casualty service agents who handle policy fulfillment, quality control, accounting, and ongoing client support.

Core revenue consists of new business commissions, renewal commissions, and agency fees. Cost recovery revenue includes initial franchise fees and interest income from franchisees. Ancillary revenue comprises contingent commissions from carriers based on growth and profitability metrics. The company's service centers achieved an 85 percent client retention rate and 90 percent premium retention rate in 2025, with a Net Promoter Score of 77, significantly exceeding industry averages.

Total written premium reached 4.4 billion dollars in 2025, representing 17 percent growth year-over-year. The company's ten-year total written premium compound annual growth rate stands at 39 percent. Corporate sales agents with more than three years tenure average 2.5 times the new business production of industry best practice, while franchise sales agents average 2.0 times industry best practice according to Reagan Consulting's 2025 Best Practices Study.

Company details
Sector
Financials
Industry
Insurance
Headquarters
WESTLAKE, TX
Fiscal year end
December
CIK
1726978
SIC
6411

Financial performance, year by year

Fiscal 2018–2025 · USD
$-60.75M$65.50M$191.75M$317.99M$444.24M20182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Goosehead Insurance, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

224
funds hold it
1 of 35
superinvestors hold it
$559.16M
held by funds, at market
49.8%
of shares held by funds

Superinvestors in Goosehead Insurance, Inc. · what they did last quarter

Chuck AkreUNCHANGED
Akre Capital Management
0.4%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Goosehead Insurance, Inc.’s weight in each

0.10%of fund net assets
iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.06%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Virtus KAR Small-Cap Growth Fund
PSGAX · Virtus Equity Trust
5.15%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Goosehead Insurance, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Goosehead Insurance, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Goosehead Insurance, Inc.'s last four quarterly filings that the numbers alone won't show?”
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