Ethos Technologies Inc. (LIFE) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LIFE SEC filings page.
Ethos Technologies Inc. (LIFE) reported $387.6M in revenue for fiscal year 2025, up 52.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The business expanded rapidly and converted profit into cash in FY2025, but overhead rose faster and equity remained negative.
The key change is cash conversion: FY2024 ended with negative operating cash flow; by FY2025, operating cash flow of$36.2M nearly matched free cash flow of$34.7M . That shift indicates profits became more cash-backed rather than merely larger, although the balance sheet still carried negative equity. The earnings improvement therefore came with a meaningful change in how reported profit translated into cash.
Revenue climbed
Negative equity narrowed from
Financial Health Signals
Ethos Technologies Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Ethos Technologies Inc. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
Key Financial Metrics
Earnings & Revenue
Ethos Technologies Inc. generated $189.6M in revenue in Q2 2026. This represents an increase of 113.4% from the same quarter a year earlier. Against the prior quarter it is down 1.8%.
Ethos Technologies Inc.'s EBITDA was $19.7M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 2.9% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Ethos Technologies Inc. reported $19.5M in net income in Q2 2026. This represents an increase of 5.8% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Ethos Technologies Inc. earned $0.30 per diluted share (EPS) in Q2 2026. This represents a decrease of 3.2% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
Ethos Technologies Inc. generated $35.3M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 173.4% from the same quarter a year earlier. Against the prior quarter it is up 14.5%.
Ethos Technologies Inc. held $112.2M in cash as of Q2 2026; no long-term debt figure is on record for that period.
Not reported for Q2 2026.
Margins & Returns
Ethos Technologies Inc.'s gross margin was 97.9% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.4 percentage points.
Ethos Technologies Inc.'s operating margin was 9.6% in Q2 2026, reflecting core business profitability. This is down 11.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 94.1 percentage points.
Ethos Technologies Inc.'s net profit margin was 10.3% in Q2 2026, showing the share of revenue converted to profit. This is down 10.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 96.5 percentage points.
Ethos Technologies Inc.'s quarterly ROE was 4.1% in Q2 2026: one quarter's net income over shareholder equity, not annualized. Against the prior quarter it is up 41.8 percentage points.
Capital Allocation
Ethos Technologies Inc. invested $325K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 8.3% from the same quarter a year earlier. Against the prior quarter it is down 7.9%.
Not reported for Q2 2026.
Not reported for Q2 2026.
LIFE Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|
| Revenue | $189.6M+113.4% | $193.1M+103.5% | N/A | $88.8M | $94.9M | N/A |
| Cost of Revenue | $4.0M+183.1% | $3.2M+105.1% | N/A | $1.4M | $1.6M | N/A |
| Gross Profit | $185.5M+112.2% | $189.9M+103.5% | N/A | $87.4M | $93.3M | N/A |
| SG&A Expenses | $152.0M+153.8% | $324.8M+365.4% | N/A | $59.9M | $69.8M | N/A |
| Operating Income | $18.1M-3.8% | -$163.3M-1402.4% | N/A | $18.8M | $12.5M | N/A |
| EBITDA | $19.7M-2.9% | -$162.0M-1267.2% | N/A | $20.2M | $13.9M | N/A |
| Income Tax | -$211K-116.2% | $3.8M+345.0% | N/A | $1.3M | $864K | N/A |
| Net Income | $19.5M+5.8% | -$166.4M-1458.6% | N/A | $18.5M | $12.2M | N/A |
| EPS (Basic) | $0.31-72.3% | -$3.57-576.0% | N/A | $1.12 | $0.75 | N/A |
| EPS (Diluted) | $0.30-3.2% | -$3.57-1800.0% | N/A | $0.31 | $0.21 | N/A |
| Diluted Shares (Avg) | 66M+11.7% | 48M-18.1% | N/A | 59M | 59M | N/A |
Not reported in any period shown, so not listed: R&D Expenses, Interest Expense.
LIFE Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|
| Total Assets | $696.1M | $619.4M | $515.3M+30.2% | N/A | N/A | $395.9M |
| Current Assets | $302.0M | $259.4M | $245.8M+40.6% | N/A | N/A | $174.8M |
| Cash & Equivalents | $112.2M+39.7% | $107.9M+110.6% | $91.1M+159.7% | $80.3M | $51.2M | $35.1M |
| Short-Term Investments | $56.2Mn/m | $36.7Mn/m | $34.9M-48.9% | $0 | $0 | $68.3M |
| Accounts Receivable | $57.2M | $53.3M | $36.5M+20.4% | N/A | N/A | $30.3M |
| Long-Term Investments | $84.5Mn/m | $79.2Mn/m | $31.5M-10.1% | $0 | $0 | $35.0M |
| Goodwill | $2.2M | $2.2M | $2.2M0.0% | N/A | N/A | $2.2M |
| Total Liabilities | $219.9M | $178.0M | $539.5M+7.2% | N/A | N/A | $503.0M |
| Current Liabilities | $199.0M | $155.0M | $113.2M+67.4% | N/A | N/A | $67.6M |
| Non-Current Liabilities | $20.9M | $23.1M | $22.3M-29.2% | N/A | N/A | $31.4M |
| Total Equity | $476.2Mn/m | $441.3Mn/m | -$24.1Mn/m | -$65.0M | -$84.1M | -$107.2M |
| Retained Earnings | -$249.4M | -$268.9M | -$102.5Mn/m | N/A | N/A | -$173.7M |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
LIFE Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $35.7M+169.7% | $31.2M+188.7% | N/A | $13.2M | $10.8M | N/A |
| Depreciation & Amortization | $1.6M+10.2% | $1.3M+0.7% | N/A | $1.4M | $1.3M | N/A |
| Stock-Based Compensation | N/A | $192.7M+1863.8% | N/A | N/A | $9.8M | N/A |
| Capital Expenditures | $325K+8.3% | $353K+27.0% | N/A | $300K | $278K | N/A |
| Free Cash Flow | $35.3M+173.4% | $30.9M+193.0% | N/A | $12.9M | $10.5M | N/A |
| Investing Cash Flow | -$27.0M-240.3% | -$52.1M-2737.9% | N/A | $19.2M | $2.0M | N/A |
| Financing Cash Flow | -$4.4Mn/m | $37.8M+1014.2% | N/A | -$3.4M | $3.4M | N/A |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
LIFE Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|
| Gross Margin | 97.9%-0.5pp | 98.3%0.0pp | N/A | 98.4% | 98.3% | N/A |
| Operating Margin | 9.6%-11.7pp | -84.6%-97.8pp | N/A | 21.2% | 13.2% | N/A |
| Net Margin | 10.3%-10.5pp | -86.2%-99.1pp | N/A | 20.8% | 12.9% | N/A |
| Return on Equity | 4.1% | -37.7% | N/A | N/A | N/A | N/A |
| Return on Assets | 2.8% | -26.9% | N/A | N/A | N/A | N/A |
| Current Ratio | 1.52 | 1.67 | 2.17-0.4x | N/A | N/A | 2.59 |
| Liabilities-to-Equity | 0.46 | 0.40 | N/A | N/A | N/A | N/A |
| Asset Turnover | 0.27 | 0.31 | N/A | N/A | N/A | N/A |
| FCF Margin | 18.6%+4.1pp | 16.0%+4.9pp | N/A | 14.5% | 11.1% | N/A |
Not reported in any period shown, so not listed: Debt-to-Equity.
Note: Shareholder equity is negative (-$24.1M), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Where Ethos Technologies Inc. Ranks
Frequently Asked Questions
What is Ethos Technologies Inc.'s annual revenue?
Ethos Technologies Inc. (LIFE) reported $387.6M in total revenue for fiscal year 2025. This represents a 52.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Ethos Technologies Inc.'s revenue growing?
Ethos Technologies Inc. (LIFE) revenue grew by 52.0% year-over-year, from $254.9M to $387.6M in fiscal year 2025.
Is Ethos Technologies Inc. profitable?
Yes, Ethos Technologies Inc. (LIFE) reported a net income of $71.2M in fiscal year 2025, with a net profit margin of 18.4%.
What is Ethos Technologies Inc.'s EBITDA?
Ethos Technologies Inc. (LIFE) had EBITDA of $78.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Ethos Technologies Inc.'s gross margin?
Ethos Technologies Inc. (LIFE) had a gross margin of 98.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Ethos Technologies Inc.'s operating margin?
Ethos Technologies Inc. (LIFE) had an operating margin of 18.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Ethos Technologies Inc.'s net profit margin?
Ethos Technologies Inc. (LIFE) had a net profit margin of 18.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Ethos Technologies Inc.'s free cash flow?
Ethos Technologies Inc. (LIFE) generated $34.7M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Ethos Technologies Inc.'s operating cash flow?
Ethos Technologies Inc. (LIFE) generated $36.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Ethos Technologies Inc.'s total assets?
Ethos Technologies Inc. (LIFE) had $515.3M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Ethos Technologies Inc.'s capital expenditures?
Ethos Technologies Inc. (LIFE) invested $1.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Ethos Technologies Inc.'s current ratio?
Ethos Technologies Inc. (LIFE) had a current ratio of 2.17 as of fiscal year 2025, which is generally considered healthy.
What is Ethos Technologies Inc.'s return on assets (ROA)?
Ethos Technologies Inc. (LIFE) had a return on assets of 13.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Ethos Technologies Inc.'s P/E ratio?
Ethos Technologies Inc. (LIFE) trades at 39.8x earnings, its market capitalization divided by $71.2M net income, FY2025. The market capitalization is $2.8B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Ethos Technologies Inc.'s price-to-sales ratio?
Ethos Technologies Inc. (LIFE) trades at 7.3x sales, its market capitalization divided by $387.6M revenue, FY2025. The market capitalization is $2.8B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is Ethos Technologies Inc.'s debt-to-equity ratio negative or not reported?
Ethos Technologies Inc. (LIFE) has negative shareholder equity of -$24.1M as of fiscal year 2025, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Ethos Technologies Inc.'s Piotroski F-Score?
Ethos Technologies Inc. (LIFE) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.