| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 193.10 | 103.5% |
| Total Income | 193.10 | 103.5% |
| Expenditure | 356.41 | 332.8% |
| PBT | -162.55 | 1339.9% |
| Net Profit | -166.39 | 1458.3% |
| OPM | -84.58% | 97.79pp |
| NPM | -86.17% | 99.08pp |
| EPS | -3.57 | 576.0% |
Ethos Reports Q1 FY26 Revenue Up 104% Y-o-Y to $193 Million
07 May 2026 · 7 May, 1:44 am
Summary
Ethos Technologies Inc. reported strong financial results for the first quarter of fiscal year 2026, with revenue growing 104% year-over-year to $193 million. Direct channel revenue increased by 136%, while third-party revenue grew by 42%. The company's non-GAAP net income was $29.1 million, representing a 15% margin, and adjusted EBITDA was $33.6 million, representing a 17% margin. For the full fiscal year 2026, Ethos expects total revenue between $561.0 million and $565.0 million, representing a 45% increase year-over-year at the midpoint.
Key Highlights
- 1
Ethos Technologies' Q1 revenue grew by 104% year-over-year, reaching $193 million.
- 2
Direct channel revenue in Q1 increased by 136% year-over-year to $146 million.
- 3
Third-party revenue for Q1 grew by 42% year-over-year to $47 million.
- 4
The company reported a non-GAAP net income of $29.1 million in Q1, representing a 15% margin.
- 5
Adjusted EBITDA for Q1 was $33.6 million, representing a 17% margin.
- 6
Ethos activated 88,373 new policies in Q1, representing 84% year-over-year growth.
- 7
The company expects total revenue between $561.0 million and $565.0 million for the full fiscal year 2026, representing a 45% increase year-over-year at the midpoint.
Management Comments
Peter Colis
“Q1 is our seasonally strongest quarter, and this was an exceptional one. Our results reflect both the velocity of our growth and the discipline of our execution. We are committed to protecting families at scale, and in Q1 we protected more than 88,000 additional families.”
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