Ethos Technologies Inc.
Business
Ethos Technologies Inc. is a technology-driven, direct-to-consumer digital platform that makes life insurance accessible and easy to apply for online. The company offers term life, whole life, indexed universal life, and supplemental insurance products, along with wills and estate planning services, distributed through its own direct channel and a network of independent agents. Ethos operates a vertically integrated platform connecting consumers, agents, and insurance carriers, earning revenue primarily through commissions on policy sales and renewals without assuming underwriting risk.
Summary from 10-K filed 2026-07-01
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Commission | 388 | 255 | |
| Total revenue | 388 | 255 | |
| Sales and marketing | 229 | 149 | |
| General and administrative | 40 | 22 | |
| Technology (exclusive of amortization) | 34 | 23 | |
| Cost of revenue | 7 | 7 | |
| Depreciation and amortization | 5 | 5 | |
| Total costs and expenses | 315 | 206 | |
| Income from operations | 73 | 49 | |
| Interest expense | −3 | −595,000 | |
| Interest income | 6 | 6 | |
| Other income, net | 161,000 | 185,000 | |
| Total other income (expense), net | 3 | 5 | |
| Net income before income tax expense | 76 | 54 | |
| Income tax expense | −5 | −5 | |
| Net income | 71 | 49 | |
| Change in unrealized gain (loss) on marketable securities | 253,000 | −121,000 | |
| Unrealized foreign currency translation loss | −329,000 | −199,000 | |
| Total other comprehensive income (loss) | −76,000 | −320,000 | |
| Comprehensive income | 71 | 49 | |
| Basic net income per share | 4.31 | 3.05 | |
| Diluted net income per share | 1.22 | 0.85 | |
| Weighted-average shares used in computing basic net income per share | 16 | 16 | |
| Weighted-average shares used in computing diluted net income per share | 58 | 58 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Cash and Cash Equivalent | 91 | 35 | — | |
| Short Term Investments | 35 | 68 | — | |
| Accounts receivable, net | 36 | 30 | — | |
| Commissions receivable-current, net | 29 | 15 | — | |
| Prepaid and other current assets | 55 | 26 | — | |
| Total current assets | 246 | 175 | — | |
| Commissions receivable, net | 224 | 173 | — | |
| Property and equipment, net | 8 | 7 | — | |
| Operating lease right-of-use assets | 2 | 3 | — | |
| Goodwill | 2 | 2 | — | |
| Acquired intangible assets, net of amortization | 662,000 | 221,000 | — | |
| Long Term Investments | 31 | 35 | — | |
| Other long-term assets | 574,000 | 558,000 | — | |
| Total long-term assets | 270 | 221 | — | |
| Total assets | 515 | 396 | — | |
| Accounts Payable | 55 | 24 | — | |
| Accrued expenses | 39 | 19 | — | |
| Liabilities related to sale of commissions receivable-current | 12 | 9 | — | |
| Operating lease liabilities-current | 1 | 753,000 | — | |
| Other current liabilities | 6 | 14 | — | |
| Total current liabilities | 113 | 68 | — | |
| Liabilities related to sale of commissions receivable-non-current | 13 | 24 | — | |
| Operating lease liabilities-non-current | 1 | 2 | — | |
| Deferred tax liability | 9 | 4 | — | |
| Other long-term liabilities | 0 | 2 | — | |
| Total long-term liabilities | 22 | 31 | — | |
| Total liabilities | 135 | 99 | — | |
| Commitments and contingencies (Note 7) | — | — | — | |
| Redeemable convertible preferred stock, par value $0.0001 - 37,400 and 37,228 shares authorized, 37,228 issued, and outstanding (liquidation preference of $404,801) as of December 31, 2025 and December 31, 2024 | 404 | 404 | — | |
| Common stock, $0.0001 par value, 1,040,000 and 62,390 shares authorized, 16,647 and 16,032 issued and outstanding at December 31, 2025 and December 31, 2024, respectively | 2,000 | 2,000 | — | |
| Additional paid-in capital | 79 | 67 | — | |
| Accumulated other comprehensive loss | −554,000 | −478,000 | — | |
| Accumulated deficit | −103 | −174 | — | |
| Total stockholders' deficit | −24 | −107 | −159 | |
| Total liabilities, redeemable convertible preferred stock and stockholders' deficit | 515 | 396 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Net income | 71 | 49 | |
| Total deferred expense | 5 | 4 | |
| Depreciation and amortization | 5 | 5 | |
| Non-cash interest expense | 3 | 595,000 | |
| Accretion (amortization) of discounts and premium, investments | −1 | −3 | |
| Stock-based compensation expense | 11 | 3 | |
| Operating lease right-of-use asset amortization | 903,000 | 42,000 | |
| Unrealized foreign currency translation | −303,000 | −199,000 | |
| Prepaid and other assets | −21 | −24 | |
| Accounts payable | 31 | 13 | |
| Accounts receivable | −11 | −14 | |
| Commissions receivable | −14 | −9 | |
| Long-term commissions receivable | −51 | −54 | |
| Accrued expenses | 19 | 7 | |
| Other current liabilities | −9 | 12 | |
| Other long-term liabilities | −2 | −1 | |
| Net cash provided by (used in) operating activities | 36 | −11 | |
| Purchase of property and equipment | −1 | −776,000 | |
| Purchase of domain name | −500,000 | −250,000 | |
| Purchase of investments | −67 | −155 | |
| Proceeds from maturity of investments | 100 | 145 | |
| Sales of investments | 5 | 13 | |
| Investment in software development costs | −4 | −4 | |
| Net cash provided by (used in) investing activities | 32 | −896,000 | |
| Proceeds from liabilities related to sale of commissions receivable | 5 | 24 | |
| Repayment of liabilities related to sale of commissions receivable | −12 | −2 | |
| Proceeds from exercise of stock options and warrants | 1 | 209,000 | |
| Payment of deferred offering costs | −6 | 0 | |
| Net cash provided by (used in) financing activities | −12 | 22 | |
| Net increase in cash and cash equivalents | 56 | 10 | |
| Effect of exchange rates on cash | −27,000 | 2,000 | |
| Capitalized Property And Equipment Costs In Accounts Payable | 26,000 | 44,000 | |
| Cash paid for income taxes | 2 | 517,000 | |
| Operating lease liabilities arising from obtaining operating lease right-of-use assets | 596,000 | 3 | |
| Stock-based compensation capitalized as software development costs | 305,000 | 143,000 | |
| Deferred offering costs in accounts payable and accrued expenses | 1 | 0 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Ethos Technologies Inc.'s CIK number?
Ethos Technologies Inc.'s SEC CIK number is 0001788451 (1788451). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Ethos Technologies Inc.'s SEC filings?
All of Ethos Technologies Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Ethos Technologies Inc. last report earnings?
Ethos Technologies Inc. (LIFE) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-208936). This is Ethos Technologies Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Ethos Technologies Inc.'s most recent earnings 8-K?
Ethos Technologies Inc.'s latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0001193125-26-208936. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Ethos Technologies Inc.'s latest earnings 8-K →
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