Quarterly ResultAug 3, 2026, 04:08 PM
Ethos Q2 Revenue +113% to $190M; Authorizes $100M Buyback
AI Summary
Ethos Technologies Inc. announced strong financial results for the second quarter ended June 30, 2026, with revenue growing 113% year-over-year to $189.6 million. Both Direct Channel and Third-Party Revenue streams showed significant growth. The company also reported a net income of $19.5 million and Adjusted EBITDA of $35.2 million. Additionally, the Board of Directors authorized a share repurchase program of up to $100 million of its Class A common stock.
Key Highlights
- Q2 Revenue grew 113% year-over-year to $189.6 million.
- Q2 Direct Channel Revenue increased 131% year-over-year to $116.5 million.
- Q2 Third-Party Revenue rose 90% year-over-year to $73.1 million.
- Net Income for Q2 was $19.5 million, representing a 10% margin.
- Adjusted EBITDA for Q2 reached $35.2 million, a 19% margin.
- Board authorized a share repurchase program of up to $100 million of Class A common stock.
- Activated 107,847 new policies in Q2, a 133% year-over-year growth.
- Forecasts Q3 2026 Total Revenue between $160 million and $164 million.
Price Impact
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