Exzeo Group Income 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	FY 2022	FY 2020
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	-	-	-	-	50.83
Total Interest & Dividend Income	4.3	0.55	0.05	0.03	0.81
Gain (Loss) on Sale of Investments	-	-	-	-	-0.02
Other Revenue	216.98	133.95	88.33	45.63	0.1
Total Revenue	221.28	134.5	88.39	45.66	51.73
Revenue Growth (YoY)	64.53%	52.17%	93.57%	-11.73%	136.97%
Policy Benefits	-	-	-	-	34.06
Policy Acquisition & Underwriting Costs	-	-	-	-	15.58
Depreciation & Amortization	0.48	0.34	0.29	0.18	-
Selling, General & Administrative	110.51	95.6	85.49	83.21	0.54
Other Operating Expenses	-	-	-	-	7.23
Total Operating Expenses	110.99	95.93	85.78	83.38	68.19
Operating Income	110.29	38.57	2.61	-37.72	-16.46
Interest Expense	-	-3.33	-1.72	-0.88	-0
Pretax Income	110.29	35.24	0.88	-38.61	-16.46
Income Tax Expense	27.54	9.17	-12.02	3.41	-4.04
Earnings From Continuing Ops.	82.75	26.07	12.9	-42.01	-12.42
Earnings From Discontinued Ops.	-	19.25	8.56	-17.3	-
Net Income	82.75	45.32	21.46	-59.32	-12.42
Preferred Dividends & Other Adjustments	-	11.37	10.06	4.48	-
Net Income to Common	82.75	33.96	11.41	-63.8	-12.42
Net Income Growth	82.58%	111.17%	-	-	-
Shares Outstanding (Basic)	84	77	76	76	75
Shares Outstanding (Diluted)	84	77	76	76	75
Shares Change (YoY)	7.86%	1.83%	0.56%	0.91%	-
EPS (Basic)	0.99	0.44	0.15	-0.84	-0.17
EPS (Diluted)	0.99	0.44	0.15	-0.84	-0.17
EPS Growth	125.94%	192.37%	-	-	-
Free Cash Flow	97.45	188.58	56.12	-20.22	28.9
Free Cash Flow Per Share	1.17	2.43	0.74	-0.27	0.39
Operating Margin	49.84%	28.67%	2.95%	-82.62%	-31.82%
Profit Margin	37.40%	25.25%	12.90%	-139.72%	-24.02%
Free Cash Flow Margin	44.04%	140.21%	63.50%	-44.28%	55.86%
EBITDA	113.23	40.93	4.81	-36.04	-15.36
EBITDA Margin	51.17%	30.43%	5.44%	-78.92%	-29.69%
D&A For EBITDA	2.93	2.36	2.2	1.69	1.1
EBIT	110.29	38.57	2.61	-37.72	-16.46
EBIT Margin	49.84%	28.67%	2.95%	-82.62%	-31.82%
Effective Tax Rate	24.97%	26.02%	-	-	-
Revenue as Reported	-	-	-	-	51.73

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

SEC Filings: 10-K · 10-Q