Ethos Technologies Inc. (LIFE) financial statements: income statement, balance sheet and cash flow
Ethos Technologies Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Ethos Technologies Inc. reported revenue of $387.6M and net income of $75.7M.
Income statement
Ethos Technologies Inc. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Commission
$387.6M
Total revenue
$387.6M
Sales and marketing
$229.3M
General and administrative
$39.6M
Technology (exclusive of amortization)
$33.6M
Cost of revenue
$6.7M
Depreciation and amortization
$5.4M
Total costs and expenses
$314.7M
Income from operations
$72.9M
Interest expense
($3.2M)
Interest income
$5.8M
Other income, net
$161.0K
Total other income (expense), net
$2.8M
Net income before income tax expense
$75.7M
Income tax expense
($4.6M)
Net income
$71.2M
Change in unrealized gain (loss) on marketable securities
$253.0K
Unrealized foreign currency translation loss
($329.0K)
Total other comprehensive income (loss)
($76.0K)
Comprehensive income
$71.1M
Basic net income per share
$4.31
Diluted net income per share
$1.22
Weighted-average shares used in computing basic net income per share
$16490000.00
Weighted-average shares used in computing diluted net income per share
$58416000.00
Ethos Technologies Inc. income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Commission
$189.6M
$193.1M
Total revenue
$189.6M
$193.1M
Sales and marketing
$128.1M
$144.1M
General and administrative
$23.9M
$180.6M
Technology (exclusive of amortization)
$13.9M
$27.1M
Cost of revenue
$4.0M
$3.2M
Depreciation and amortization
$1.6M
$1.4M
Total costs and expenses
$171.4M
$356.4M
Income (loss) from operations
$18.1M
($163.3M)
Interest expense
($616.0K)
($662.0K)
Interest income
$1.8M
$1.4M
Other income, net
$52.0K
$53.0K
Total other income, net
$1.2M
$768.0K
Net income (loss) before income tax expense
$19.3M
($162.5M)
Income tax expense (benefit)
$211.0K
($3.8M)
Net income (loss)
$19.5M
($166.4M)
Deemed dividend on the conversion of Series D and D1 redeemable convertible preferred stock
$0
($5.6M)
Net income (loss) attributable to common stockholders
$19.5M
($172.0M)
Basic net income (loss) per share
$0.31
-$3.57
Diluted net income (loss) per share
$0.30
-$3.57
Weighted-average shares used in computing basic net income (loss) per share
$63480000.00
$48130000.00
Weighted-average shares used in computing diluted net income (loss) per share
$65645000.00
$48130000.00
Balance sheet
Ethos Technologies Inc. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Cash and Cash Equivalent
$91.1M
Short Term Investments
$34.9M
Accounts receivable, net
$36.5M
Commissions receivable-current, net
$28.8M
Prepaid and other current assets
$54.6M
Total current assets
$245.8M
Commissions receivable, net
$224.2M
Property and equipment, net
$8.2M
Operating lease right-of-use assets
$2.2M
Goodwill
$2.2M
Acquired intangible assets, net of amortization
$662.0K
Long Term Investments
$31.5M
Other long-term assets
$574.0K
Total long-term assets
$269.5M
Total assets
$515.3M
Accounts Payable
$55.1M
Accrued expenses
$39.2M
Liabilities related to sale of commissions receivable-current
$11.8M
Operating lease liabilities-current
$1.1M
Other current liabilities
$6.0M
Total current liabilities
$113.2M
Liabilities related to sale of commissions receivable-non-current
$12.5M
Operating lease liabilities-non-current
$1.2M
Deferred tax liability
$8.5M
Other long-term liabilities
$0
Total long-term liabilities
$22.3M
Total liabilities
$135.5M
Redeemable convertible preferred stock, par value $0.0001 - 37,400 and 37,228 shares authorized, 37,228 issued, and outstanding (liquidation preference of $404,801) as of December 31, 2025 and December 31, 2024
404.0M
Common stock, $0.0001 par value, 1,040,000 and 62,390 shares authorized, 16,647 and 16,032 issued and outstanding at December 31, 2025 and December 31, 2024, respectively
2.0K
Additional paid-in capital
$79.0M
Accumulated other comprehensive loss
($554.0K)
Accumulated deficit
($102.5M)
Total stockholders' deficit
($24.1M)
Total liabilities, redeemable convertible preferred stock and stockholders' deficit
$515.3M
Ethos Technologies Inc. balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Cash and cash equivalents
$112.2M
$107.9M
Short-term investments
$56.2M
$36.7M
Accounts receivable, net
$57.2M
$53.3M
Commissions receivable-current, net
$30.9M
$26.4M
Prepaid and other current assets
$45.6M
$35.0M
Total current assets
$302.0M
$259.4M
Commissions receivable, net
$293.4M
$265.0M
Property and equipment, net
$11.0M
$10.3M
Operating lease right-of-use assets
$1.6M
$1.9M
Goodwill
$2.2M
$2.2M
Acquired intangible assets, net of amortization
$611.0K
$637.0K
Long-term investments
$84.5M
$79.2M
Other long-term assets
$695.0K
$733.0K
Total long-term assets
$394.1M
$360.0M
Total assets
$696.1M
$619.4M
Accounts Payable
$80.4M
$65.9M
Accrued expenses
$62.1M
$53.0M
Liabilities related to sale of commissions receivable-current
$9.5M
$10.7M
Operating lease liabilities-current
$1.0M
$1.1M
Other current liabilities
$46.1M
$24.2M
Total current liabilities
$199.0M
$155.0M
Liabilities related to sale of commissions receivable-non-current
$8.7M
$10.5M
Operating lease liabilities-non-current
$742.0K
$922.0K
Deferred tax liability
$11.4M
$11.7M
Total long-term liabilities
$20.9M
$23.1M
Total liabilities
$219.9M
$178.0M
Redeemable convertible preferred stock, par value $0.0001, 20,000 and 37,400 shares authorized, nil and 37,228 shares issued, and outstanding as of June 30, 2026 and December 31, 2025
0
0
Common stock, $0.0001 par value, nil and 1,040,000 shares, Class A Common Stock, $0.0001 par value, 1,000,000 and nil shares, and Class B Common Stock, $0.0001 par value, 40,000 and nil shares authorized at June 30, 2026 and December 31, 2025, respectively; nil and 16,647 shares Common Stock, 31,555 and nil shares of Common Stock Class A, and 32,204 and nil shares of Class B Common Stock issued and outstanding at June 30, 2026 and December 31, 2025, respectively
6.0K
6.0K
Additional paid-in capital
$727.0M
$711.3M
Accumulated other comprehensive loss
($1.4M)
($1.1M)
Accumulated deficit
($249.4M)
($268.9M)
Total stockholders' equity (deficit)
$476.2M
$441.3M
Total liabilities, redeemable convertible preferred stock and stockholders' equity
$696.1M
$619.4M
Cash flow statement
Ethos Technologies Inc. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Net income
$71.2M
Total deferred expense
$4.6M
Depreciation and amortization
$5.4M
Non-cash interest expense
$3.2M
Accretion (amortization) of discounts and premium, investments
($1.2M)
Stock-based compensation expense
$10.6M
Operating lease right-of-use asset amortization
$903.0K
Unrealized foreign currency translation
($303.0K)
Prepaid and other assets
($21.4M)
Accounts payable
$30.6M
Accounts receivable
($11.2M)
Commissions receivable
($13.7M)
Long-term commissions receivable
($51.1M)
Accrued expenses
$18.9M
Other current liabilities
($8.7M)
Other long-term liabilities
($1.5M)
Net cash provided by (used in) operating activities
$36.2M
Purchase of property and equipment
($1.5M)
Purchase of domain name
($500.0K)
Purchase of investments
($66.7M)
Proceeds from maturity of investments
$99.9M
Sales of investments
$5.0M
Investment in software development costs
($4.3M)
Net cash provided by (used in) investing activities
$31.9M
Proceeds from liabilities related to sale of commissions receivable
$5.0M
Repayment of liabilities related to sale of commissions receivable
($12.0M)
Proceeds from exercise of stock options and warrants
$1.1M
Payment of deferred offering costs
($6.2M)
Net cash provided by (used in) financing activities
($12.0M)
Net increase in cash and cash equivalents
$56.0M
Effect of exchange rates on cash
($27.0K)
Cash and cash equivalents, beginning of year
$35.1M
Cash and cash equivalents, end of period
$91.1M
Capitalized Property And Equipment Costs In Accounts Payable
$26.0K
Cash paid for income taxes
$1.8M
Operating lease liabilities arising from obtaining operating lease right-of-use assets
$596.0K
Stock-based compensation capitalized as software development costs
$305.0K
Deferred offering costs in accounts payable and accrued expenses
$1.1M
Ethos Technologies Inc. cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Net income (loss)
($146.9M)
($166.4M)
Deferred taxes
$2.9M
$3.2M
Depreciation and amortization
$2.9M
$1.3M
Non-cash interest expense
$1.3M
$661.0K
Amortization of discounts and premium, investments
($532.0K)
($182.0K)
Stock-based compensation expense
$208.2M
$192.7M
Operating lease right-of-use asset amortization
$548.0K
$256.0K
Unrealized foreign currency translation
($161.0K)
($112.0K)
Prepaid and other assets
$1.9M
$12.4M
Accounts payable
$25.4M
$10.0M
Accounts receivable
($20.7M)
($16.8M)
Commissions receivable
($2.1M)
$2.4M
Long-term commissions receivable
($69.2M)
($40.8M)
Accrued expenses
$23.8M
$14.7M
Other current liabilities
$39.5M
$17.9M
Other long-term liabilities
$0
—
Net cash provided by operating activities
$66.9M
$31.2M
Purchase of property and equipment
($678.0K)
($353.0K)
Purchase of investments
($122.4M)
($77.2M)
Proceeds from maturity of investments
$47.3M
$27.0M
Investment in software development costs
($3.3M)
($1.6M)
Net cash provided by (used in) investing activities
($79.1M)
($52.1M)
Proceeds from issuance of Class A common stock in initial public offering, net of underwriting discounts and commissions
$91.6M
$91.6M
Proceeds from liabilities related to sale of commissions receivable
$0
$0
Taxes paid related to net share settlement of restricted stock units
-49.1M
-49.1M
Repayment of liabilities related to sale of commissions receivable
($7.0M)
($3.6M)
Proceeds from exercise of stock options and warrants
$701.0K
$666.0K
Payment of deferred offering costs
($2.8M)
($1.8M)
Net cash provided by (used in) financing activities
$33.4M
$37.8M
Net increase in cash and cash equivalents
$21.2M
$16.9M
Effect of exchange rates on cash
($89.0K)
($77.0K)
Cash and cash equivalents, beginning of period
$91.1M
$91.1M
Cash and cash equivalents, end of period
$112.2M
$107.9M
Conversion of convertible preferred stock into common stock upon initial public offering
$404.0M
$404.0M
Reclassification of Deferred Offering Costs to Additional Paid-in Capital Upon Initial Public Offering
$9.0M
$9.0M
Deemed dividend on the conversion of Series D and D-1 redeemable convertible preferred stock
$5.6M
$5.6M
Capitalized property and equipment costs in accounts payable at period end
$26.0K
$26.0K
Cash paid for income taxes
$0
$0
Operating lease liabilities arising from obtaining operating lease right-of-use assets
$0
—
Stock-based compensation capitalized as software development costs
$1.6M
$1.5M
Deferred offering costs in accounts payable and accrued expenses