Ethos Technologies Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	71.15	48.83	1.69
Depreciation & Amortization	6.26	5.48	5.73
Loss (Gain) From Sale of Assets	-	-	0.1
Loss (Gain) From Sale of Investments	-1.21	-3.13	-3.6
Stock-Based Compensation	10.6	3.17	3.61
Other Operating Activities	7.49	4.3	0.64
Change in Accounts Receivable	-24.9	-22.79	-7.39
Change in Accounts Payable	30.63	12.69	-4.65
Change in Other Net Operating Assets	-63.79	-59.46	-33.25
Operating Cash Flow	36.23	-10.91	-37.12
Capital Expenditures	-1.49	-0.78	-0.32
Sale (Purchase) of Intangibles	-4.79	-3.81	-4.59
Investment in Securities	38.14	3.69	-4.25
Investing Cash Flow	31.87	-0.9	-9.16
Issuance of Common Stock	1.06	0.21	0.33
Other Financing Activities	-13.11	21.65	-1.97
Financing Cash Flow	-12.05	21.86	-1.64
Foreign Exchange Rate Adjustments	-0.03	0	-0
Net Cash Flow	56.02	10.06	-47.93
Free Cash Flow	34.73	-11.68	-37.45
Free Cash Flow Margin	8.96%	-4.58%	-23.44%
Free Cash Flow Per Share	0.59	-0.20	-0.68
Cash Income Tax Paid	1.76	0.52	0.49
Levered Free Cash Flow	51.01	22.91	-
Unlevered Free Cash Flow	52.99	23.28	-
Change in Working Capital	-58.06	-69.56	-45.29

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q