Ethos Technologies Inc.

Ethos, a leading life insurance technology company, announced a new partnership with baseball icon David Ortiz. Ortiz will feature in a national campaign, sharing his personal story to highlight the importance of life insurance and how Ethos makes it simple and accessible. The initiative aims to address the significant number of uninsured or underinsured Americans by promoting financial protection through an easy-to-use digital platform.

Ethos announced that the price condition for a partial early lock-up release has been satisfied. This will result in 25% of eligible securities, approximately 5.1 million shares of Class A common stock, being released from lock-up restrictions immediately prior to the opening of trading on May 14, 2026. The remaining shares will continue to be subject to lock-up agreements until after the close of trading on July 27, 2026, with a possibility of an additional 25% release under certain conditions.

Ethos Technologies Inc. reported a substantial net loss of $(166.4) million for Q1 2026, a significant reversal from a net income of $12.2 million in Q1 2025, despite a 103.5% increase in commission revenue to $193.1 million. The company completed its initial public offering on January 30, 2026, generating $82.6 million in net proceeds. The net loss was primarily driven by a sharp rise in operating expenses, including a $192.7 million increase in stock-based compensation and a $16.5 million impact from updated agent compensation estimates.

Ethos Technologies Inc. reported strong first-quarter 2026 financial results, with total revenue surging 104% year-over-year to $193.1 million. Direct Channel Revenue led the growth, increasing 136% to $146.0 million, while Third-Party Channel Revenue grew 42% to $47.1 million. Despite a GAAP net loss of $(166.4) million, the company achieved a non-GAAP net income of $29.1 million and Adjusted EBITDA of $33.6 million. Ethos also activated 88,373 new policies, an 84% year-over-year increase, and provided positive revenue and Adjusted EBITDA guidance for Q2 and the full fiscal year 2026.

Ethos Technologies Inc. announced the launch of its native ChatGPT app, making it the first life insurance provider to build a dedicated experience directly inside the AI assistant. This integration allows users to receive personalized monthly term life insurance estimates in under a minute by answering five simple questions. Available in the ChatGPT app store, the app enables users to explore coverage up to $3 million and includes a free will and trust valued at $898, furthering Ethos' mission to democratize access to life insurance by removing traditional barriers.

Ethos (LIFE) has announced a partnership with Liberty Mutual Insurance to expand Liberty Mutual's direct-to-consumer life insurance offering. Liberty Mutual will integrate Ethos' technology platform and proprietary underwriting engine to provide a seamless, white-labeled digital life insurance experience. This collaboration aims to make life insurance more accessible and efficient for American families, allowing instant qualification without a medical exam.