Ethos Technologies Q2 revenue rises 113% on policy growth - LIFE News | RalliesEthos Technologies Q2 revenue rises 113% on policy growth
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LIFE• Outlook
- Ethos expects Q3 revenue between $160 million and $164 million.
- Company sees Q3 adjusted EBITDA between $23 million and $25 million.
- Ethos forecasts full-year 2026 revenue between $727 million and $731 million.
- Company expects full-year adjusted EBITDA between $119 million and $123 million.
Overview
- U.S. life insurance tech firm's Q2 revenue grew 113% year over year to $190 million.
- Net income for Q2 was $19.5 million; adjusted EBITDA margin reached 19%.
- Company authorized a $100 million share repurchase program.
Key details
| Metric | Actual |
|---|
| Q2 Net Income | $19.53 million |
| Q2 Basic EPS | $0.31 |
| Q2 Income from Operations | $18.12 million |
Result drivers
- Policy growth - Co said 107,847 new policies were activated in Q2, up 133% year over year.
- Channel mix - Average revenue per unit fell 8% year over year due to channel/product mix, per co.
