| Net Income (Loss) Per Share Attributable to Common Stockholders |
15. Net Income Per Share Attributable to Common Stockholders Net income per share attributable to common stockholders was computed as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Numerator: | | | | | | | | Net income attributable to Hippo – basic and diluted (in millions) | $ | 8.8 | | | $ | 98.1 | | | $ | 26.0 | | | $ | 51.7 | | | Denominator: | | | | | | | | | Weighted-average shares used in computing net income per share attributable to Hippo | | | | | | | | | Basic | 26,499,520 | | 25,183,389 | | 26,183,300 | | 25,362,467 | | Diluted | 27,030,298 | | 26,025,069 | | 26,628,602 | | 26,186,034 | | Net income per share attributable to Hippo | | | | | | | | | Basic | $ | 0.33 | | | $ | 3.90 | | | $ | 0.99 | | | $ | 2.04 | | | Diluted | $ | 0.33 | | | $ | 3.77 | | | $ | 0.98 | | | $ | 1.97 | |
The potential shares of common stock that were excluded from the computation of diluted net income per share attributable to common stockholders for the periods presented because including them would have been antidilutive are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | Outstanding options | — | | — | | — | | 568 | | Common stock from outstanding warrants | — | | 360,000 | | — | | 360,000 | | | | | | | | | | | | | | | | | | RSU and PSUs | 8,775 | | 13,769 | | 23,025 | | 91,949 | | Employee stock purchase plan | — | | — | | 10,398 | | — | | | | | | | | | | Total | 8,775 | | 373,769 | | 33,423 | | 452,517 |
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