NASDAQ : LIFE
Ethos Technologies Inc. — Financial statements
Financials · Insurance - Life · United States
Last price 43.37 USD (Oct 30, 2026, 12:05 PM EDT) · Market cap 2.77B
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Financial statements
Ethos Technologies Inc. (LIFE) reported revenue of 586.53M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | 586.53M | 387.61M | 254.93M | 159.75M |
| Cost of Revenue | 10.99M | 6.73M | 6.53M | 5.90M |
| Gross Profit | 575.54M | 380.88M | 248.40M | 153.85M |
| Selling, General & Admin | 616.04M | 268.96M | 171.08M | 128.76M |
| Research & Development | 57.62M | 33.63M | 23.13M | 22.29M |
| Operating Expenses | 679.19M | 307.95M | 199.65M | 156.76M |
| Operating Income | -103.65M | 72.92M | 48.75M | -2.91M |
| Interest Expense | -2.83M | -3.17M | -595.00K | -723.00K |
| Interest & Investment Income | 5.91M | 5.83M | 5.60M | 5.79M |
| Other Non Operating Income (Expenses) | 208.00K | 161.00K | 185.00K | 117.00K |
| Pretax Income | -100.36M | 75.74M | 53.94M | 2.27M |
| Income Tax Expense | 6.06M | 4.59M | 5.10M | 586.00K |
| Net Income | -106.42M | 71.15M | 48.83M | 1.69M |
| Net Income to Common | -112.07M | 71.15M | 48.83M | 1.69M |
| Shares Outstanding (Basic) | 36.19M | 16.49M | 16.01M | 15.93M |
| Shares Outstanding (Diluted) | 36.19M | 58.42M | 57.60M | 54.72M |
| EPS (Basic) | -3.10 | 4.31 | 3.05 | 0.11 |
| EPS (Diluted) | -3.10 | 1.22 | 0.85 | 0.03 |
| Free Cash Flow | 77.47M | 34.73M | -11.68M | -37.45M |
| Free Cash Flow Per Share | 2.14 | 0.59 | -0.20 | -0.68 |
| Gross Margin | 98.13% | 98.26% | 97.44% | 96.31% |
| Operating Margin | -17.67% | 18.81% | 19.12% | -1.82% |
| Profit Margin | -19.11% | 18.36% | 19.16% | 1.06% |
| Free Cash Flow Margin | 13.21% | 8.96% | -4.58% | -23.44% |
| EBITDA | -98.02M | 78.28M | 54.19M | 2.80M |
| EBITDA Margin | -16.71% | 20.20% | 21.25% | 1.75% |
| D&A For EBITDA | 5.63M | 5.36M | 5.44M | 5.71M |
| EBIT | -103.65M | 72.92M | 48.75M | -2.91M |
| EBIT Margin | -17.67% | 18.81% | 19.12% | -1.82% |
| Effective Tax Rate | 6.06% | 9.46% | 25.76% | |
| Revenue as Reported | 586.53M | 387.61M | 254.93M | 159.75M |
| Advertising Expenses | 99.96M | 63.37M | 55.93M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Cash & Equivalents | 112.16M | 91.09M | 35.08M | 25.02M |
| Short-Term Investments | 56.16M | 34.88M | 68.28M | 103.96M |
| Cash & Short-Term Investments | 168.32M | 125.97M | 103.35M | 128.98M |
| Receivables | 88.10M | 65.28M | 45.38M | 17.73M |
| Other Current Assets | 45.59M | 54.55M | 26.07M | 2.17M |
| Total Current Assets | 302.00M | 245.80M | 174.81M | 148.88M |
| Property, Plant & Equipment | 12.61M | 10.37M | 9.96M | 9.09M |
| Long-Term Investments | 84.54M | 31.47M | 35.00M | |
| Goodwill | 2.24M | 2.24M | 2.24M | 2.24M |
| Other Intangible Assets | 611.00K | 662.00K | 221.00K | 30.00K |
| Long-Term Accounts Receivable | 293.39M | 224.22M | 173.10M | 119.25M |
| Other Long-Term Assets | 695.00K | 574.00K | 558.00K | 180.00K |
| Total Assets | 696.08M | 515.34M | 395.88M | 279.65M |
| Accounts Payable | 80.35M | 55.07M | 24.30M | 11.75M |
| Accrued Expenses | 62.05M | 38.29M | 19.22M | 11.92M |
| Current Portion of Leases | 1.03M | 1.12M | 753.00K | 549.00K |
| Current Income Taxes Payable | 2.02M | 1.09M | 1.71M | 778.00K |
| Current Unearned Revenue | 52.69M | 11.75M | 9.38M | 1.31M |
| Other Current Liabilities | 898.00K | 5.86M | 12.24M | 789.00K |
| Total Current Liabilities | 199.04M | 113.19M | 67.60M | 27.09M |
| Long-Term Leases | 742.00K | 1.23M | 1.86M | 249.00K |
| Long-Term Unearned Revenue | 8.74M | 12.51M | 24.16M | 5.00M |
| Long-Term Deferred Tax Liabilities | 11.39M | 8.53M | 3.91M | |
| Other Long-Term Liabilities | 1.50M | 2.50M | ||
| Total Liabilities | 219.92M | 135.46M | 99.03M | 34.84M |
| Common Stock | 6.00K | 2.00K | 2.00K | 2.00K |
| Additional Paid-In Capital | 726.96M | 78.95M | 66.99M | 63.47M |
| Retained Earnings | -249.37M | -102.51M | -173.66M | -222.50M |
| Comprehensive Income & Other | -1.43M | -554.00K | -478.00K | -158.00K |
| Total Common Equity | 476.17M | -24.12M | -107.15M | -159.18M |
| Shareholders' Equity | 476.17M | 379.88M | 296.85M | 244.82M |
| Total Liabilities & Equity | 696.08M | 515.34M | 395.88M | 279.65M |
| Total Debt | 1.77M | 2.35M | 2.62M | 798.00K |
| Net Cash (Debt) | 251.08M | 155.08M | 135.74M | 128.18M |
| Net Cash Per Share | 6.94 | 2.65 | 2.36 | 2.34 |
| Filing Date Shares Outstanding | 63.76M | 62.87M | 16.55M | 15.93M |
| Total Common Shares Outstanding | 63.76M | 16.65M | 16.55M | 15.93M |
| Working Capital | 102.96M | 132.61M | 107.21M | 121.78M |
| Book Value Per Share | 7.47 | -1.45 | -6.47 | -9.99 |
| Tangible Book Value | 473.32M | -27.02M | -109.61M | -161.45M |
| Tangible Book Value Per Share | 7.42 | -1.62 | -6.62 | -10.14 |
| Machinery | 4.67M | 3.99M | 2.55M | 1.78M |
| Leasehold Improvements | 7.00K | 7.00K | 1.00K | 25.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Net Income | -106.42M | 71.15M | 48.83M | 1.69M |
| Depreciation & Amortization | 6.67M | 6.26M | 5.48M | 5.73M |
| Loss (Gain) From Sale of Assets | 104.00K | |||
| Loss (Gain) From Sale of Investments | -1.10M | -1.21M | -3.13M | -3.60M |
| Stock-Based Compensation | 208.50M | 10.60M | 3.17M | 3.61M |
| Other Operating Activities | 8.37M | 7.49M | 4.30M | 636.00K |
| Change in Accounts Receivable | -30.62M | -24.90M | -22.79M | -7.39M |
| Change in Accounts Payable | 33.41M | 30.63M | 12.69M | -4.65M |
| Change in Other Net Operating Assets | -39.63M | -63.79M | -59.45M | -33.25M |
| Operating Cash Flow | 79.06M | 36.23M | -10.91M | -37.12M |
| Capital Expenditures | -1.59M | -1.49M | -776.00K | -323.00K |
| Sale (Purchase) of Intangibles | -6.33M | -4.79M | -3.81M | -4.58M |
| Investment in Securities | -60.52M | 38.14M | 3.69M | -4.25M |
| Investing Cash Flow | -68.44M | 31.87M | -896.00K | -9.16M |
| Issuance of Common Stock | 92.55M | 1.06M | 209.00K | 331.00K |
| Other Financing Activities | -22.10M | -13.11M | 21.65M | -1.97M |
| Financing Cash Flow | 21.36M | -12.05M | 21.86M | -1.64M |
| Foreign Exchange Rate Adjustments | -115.00K | -27.00K | 2.00K | -2.00K |
| Net Cash Flow | 31.87M | 56.02M | 10.05M | -47.93M |
| Free Cash Flow | 77.47M | 34.73M | -11.68M | -37.45M |
| Free Cash Flow Margin | 13.21% | 8.96% | -4.58% | -23.44% |
| Free Cash Flow Per Share | 2.14 | 0.59 | -0.20 | -0.68 |
| Levered Free Cash Flow | 201.89M | 51.01M | 22.91M | |
| Unlevered Free Cash Flow | 203.66M | 52.99M | 23.28M | |
| Cash Income Tax Paid | 342.00K | 1.76M | 517.00K | 487.00K |
| Change in Working Capital | -36.85M | -58.06M | -69.56M | -45.29M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Market Capitalization | 2.77B | |||
| Enterprise Value | 2.52B | |||
| Debt / Equity Ratio | 0.00 | 0.01 | 0.01 | 0.00 |
| Debt / EBITDA Ratio | 0.03 | 0.05 | 0.22 | |
| Debt / FCF Ratio | 0.02 | 0.07 | ||
| Net Debt / Equity Ratio | -0.53 | -0.41 | -0.46 | -0.52 |
| Net Debt / EBITDA Ratio | 2.56 | -1.98 | -2.50 | -45.75 |
| Net Debt / FCF Ratio | -3.24 | -4.46 | 11.62 | 3.42 |
| Asset Turnover | 1.01 | 0.85 | 0.76 | |
| Quick Ratio | 1.29 | 1.69 | 2.20 | 5.42 |
| Current Ratio | 1.52 | 2.17 | 2.59 | 5.50 |
| Return on Equity (ROE) | -26.11% | 21.03% | 18.03% | |
| Return on Assets (ROA) | -11.15% | 10.00% | 9.02% | |
| Return on Invested Capital (ROIC) | -34.08% | 30.28% | 28.22% | -1.85% |
| Return on Capital Employed (ROCE) | -20.90% | 18.10% | 14.80% | -1.20% |
| Buyback Yield / Dilution | 38.16% | -1.42% | -5.26% |