Ethos Technologies Corp. (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 Sep 5, 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 Corp. (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).
Profits became cash through cash conversion in FY2025, but negative equity and rising overhead still define the operating model.
In FY2024, reported net income coexisted with negative operating cash flow; in FY2025, both operating cash flow and free cash flow turned positive. With capital spending at$1.5M and free-cash-flow margin at9.0% , most FY2025 operating cash remained after recorded reinvestment, making cash conversion the dominant change.
Revenue reached
Assets grew to
Financial Health Signals
Ethos Technologies Corp. 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 Corp. 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.
For every $1 of reported earnings, Ethos Technologies Corp. generates $0.51 in operating cash flow ($36.2M OCF vs $71.2M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Ethos Technologies Corp. 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 Corp.'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. Against the prior quarter it is up 112.1%.
Ethos Technologies Corp. reported $19.5M in net income in Q2 2026. This represents an increase of 5.8% from the same quarter a year earlier. Against the prior quarter it is up 111.7%.
Ethos Technologies Corp. earned $0.30 per diluted share (EPS) in Q2 2026. This represents a decrease of 3.2% from the same quarter a year earlier. Against the prior quarter it is up 108.4%.
Cash & Balance Sheet
Ethos Technologies Corp. 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 Corp. held $112.2M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Ethos Technologies Corp.'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 Corp.'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 Corp.'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 Corp.'s ROE was 4.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. Against the prior quarter it is up 41.8 percentage points.
Capital Allocation
Ethos Technologies Corp. 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 | $23.9M+193.5% | $180.6M+1248.5% | N/A | $8.1M | $13.4M | 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 | $56.2M | $36.7M | $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 | $84.5M | $79.2M | $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 | $476.2M+832.5% | $441.3M+624.7% | -$24.1M+77.5% | -$65.0M | -$84.1M | -$107.2M |
| Retained Earnings | -$249.4M | -$268.9M | -$102.5M+41.0% | 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 | -$4.4M-28.5% | $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 |
| Debt-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 |
Note: Shareholder equity is negative (-$24.1M), which causes debt-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 Corp. Ranks
Frequently Asked Questions
What is Ethos Technologies Corp.'s annual revenue?
Ethos Technologies Corp. (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 Corp.'s revenue growing?
Ethos Technologies Corp. (LIFE) revenue grew by 52.0% year-over-year, from $254.9M to $387.6M in fiscal year 2025.
Is Ethos Technologies Corp. profitable?
Yes, Ethos Technologies Corp. (LIFE) reported a net income of $71.2M in fiscal year 2025, with a net profit margin of 18.4%.
What is Ethos Technologies Corp.'s EBITDA?
Ethos Technologies Corp. (LIFE) had EBITDA of $78.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Ethos Technologies Corp.'s gross margin?
Ethos Technologies Corp. (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 Corp.'s operating margin?
Ethos Technologies Corp. (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 Corp.'s net profit margin?
Ethos Technologies Corp. (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 Corp.'s free cash flow?
Ethos Technologies Corp. (LIFE) generated $34.7M in free cash flow during fiscal year 2025. This represents a 397.3% change compared to the previous fiscal year. 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 Corp.'s operating cash flow?
Ethos Technologies Corp. (LIFE) generated $36.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Ethos Technologies Corp.'s total assets?
Ethos Technologies Corp. (LIFE) had $515.3M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Ethos Technologies Corp.'s capital expenditures?
Ethos Technologies Corp. (LIFE) invested $1.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Ethos Technologies Corp.'s current ratio?
Ethos Technologies Corp. (LIFE) had a current ratio of 2.17 as of fiscal year 2025, which is generally considered healthy.
What is Ethos Technologies Corp.'s return on assets (ROA)?
Ethos Technologies Corp. (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 Corp.'s P/E ratio?
Ethos Technologies Corp. (LIFE) trades at 35.7x earnings, its market capitalization divided by net income of $71.2M net income, FY2025. The market capitalization is $2.5B as of Sep 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Ethos Technologies Corp.'s price-to-sales ratio?
Ethos Technologies Corp. (LIFE) trades at 6.6x sales, its market capitalization divided by revenue of $387.6M revenue, FY2025. The market capitalization is $2.5B as of Sep 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is Ethos Technologies Corp.'s debt-to-equity ratio negative or not reported?
Ethos Technologies Corp. (LIFE) has negative shareholder equity of -$24.1M as of fiscal year 2025, so no debt-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 Corp.'s Piotroski F-Score?
Ethos Technologies Corp. (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.
Are Ethos Technologies Corp.'s earnings high quality?
Ethos Technologies Corp. (LIFE) has an earnings quality ratio of 0.51x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.