Ethos Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	387.61	254.93	159.75
Revenue Growth (YoY)	52.05%	59.57%	-
Cost of Revenue	6.73	6.53	5.9
Gross Profit	380.88	248.4	153.85
Selling, General & Admin	268.97	171.08	128.76
Research & Development	33.63	23.13	22.29
Operating Expenses	307.95	199.65	156.76
Operating Income	72.92	48.75	-2.91
Interest Expense	-3.17	-0.6	-0.72
Interest & Investment Income	5.83	5.6	5.79
Other Non Operating Income (Expenses)	0.16	0.19	0.12
Pretax Income	75.74	53.94	2.28
Income Tax Expense	4.59	5.1	0.59
Net Income	71.15	48.83	1.69
Net Income to Common	71.15	48.83	1.69
Net Income Growth	45.71%	2791.18%	-
Shares Outstanding (Basic)	16	16	16
Shares Outstanding (Diluted)	58	58	55
Shares Change (YoY)	1.42%	5.26%	-
EPS (Basic)	4.31	3.05	0.11
EPS (Diluted)	1.22	0.85	0.03
EPS Growth	43.53%	2733.33%	-
Free Cash Flow	34.73	-11.68	-37.45
Free Cash Flow Per Share	0.59	-0.20	-0.68
Gross Margin	98.26%	97.44%	96.31%
Operating Margin	18.81%	19.12%	-1.82%
Profit Margin	18.36%	19.16%	1.06%
Free Cash Flow Margin	8.96%	-4.58%	-23.44%
EBITDA	78.28	54.19	2.8
EBITDA Margin	20.20%	21.25%	1.75%
D&A For EBITDA	5.36	5.44	5.71
EBIT	72.92	48.75	-2.91
EBIT Margin	18.81%	19.12%	-1.82%
Effective Tax Rate	6.06%	9.46%	25.76%
Revenue as Reported	387.61	254.93	159.75
Advertising Expenses	-	63.37	55.93

Source: S&P Capital IQ. Standard template. Financial Sources.