Exzeo Group, 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), Exzeo Group, Inc. reported revenue of $217.0M and net income of $82.7M.
| Line item | Dec 31, 2025 · FY |
|---|---|
| Revenue | $217.0M |
| Cost of Revenue | $86.0M |
| Gross profit | $131.0M |
| Selling, general and administrative | $15.7M |
| Research and development | $8.8M |
| Depreciation and amortization | $479.0K |
| Total operating expenses | $25.0M |
| Operating income | $106.0M |
| Investment income | $4.3M |
| Interest expense | $0 |
| Income from continuing operations, before taxes | $110.3M |
| Income tax expense (benefit) from continuing operations | $27.5M |
| Income from discontinued operations, before taxes | $0 |
| Income tax expense from discontinued operations | $0 |
| Income from discontinued operations, after tax | $0 |
| Net income | $82.7M |
| Less: Dividends on preferred stock | $0 |
| Income attributable to common stockholders | $82.7M |
| Basic earnings per share from continuing operations | $0.99 |
| Diluted earnings per share from continuing operations | $0.99 |
| Basic earnings per share from discontinued operations | $0.00 |
| Diluted earnings per share from discontinued operations | $0.00 |
| Basic earnings per share | $0.99 |
| Diluted earnings per share | $0.99 |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 |
|---|---|---|---|
| Revenue | $57.8M | $55.5M | $55.2M |
| Cost of revenue | $20.9M | $22.8M | $21.4M |
| Gross profit | $36.8M | $32.7M | $33.8M |
| Selling, general and administrative | $5.8M | $5.2M | $3.9M |
| Research and development | $2.4M | $2.3M | $2.5M |
| Depreciation and amortization | $147.0K | $146.0K | $127.0K |
| Total operating expenses | $8.4M | $7.7M | $6.5M |
| Operating income | $28.5M | $25.1M | $27.3M |
| Investment income | $3.0M | $2.5M | $1.1M |
| Income before income taxes | $31.4M | $27.6M | $28.4M |
| Income tax expense | $8.2M | $7.2M | $7.2M |
| Net income | $23.3M | $20.4M | $21.2M |
| Basic earnings per share | $0.26 | $0.22 | $0.25 |
| Diluted earnings per share | $0.26 | $0.22 | $0.25 |
| Line item | Dec 31, 2025 · FY |
|---|---|
| Cash and cash equivalents | $305.4M |
| Accounts receivable | $2.9M |
| Receivable from related parties | $11.3M |
| Prepaid expense | $1.5M |
| Current contract cost assets | $4.7M |
| Income taxes receivable | $0 |
| Other current assets | $43.0K |
| Total current assets | $325.8M |
| Property and equipment, net | $10.7M |
| Operating lease right-of-use assets | $6.9M |
| Non-current contract cost assets | $1.1M |
| Deferred income taxes, net | $3.0M |
| Other assets | $274.0K |
| Total non-current assets | $21.9M |
| Total assets | $347.7M |
| Current contract liabilities | $70.9M |
| Commissions payable | $4.6M |
| Accounts payable and accrued liabilities | $3.0M |
| Operating lease liabilities | $2.4M |
| Income taxes payable | $2.5M |
| Payable to related parties | $1.1M |
| Total current liabilities | $84.4M |
| Non-current contract liabilities | $3.6M |
| Operating lease liabilities | $4.8M |
| Deferred income taxes, net | $0 |
| Other liabilities | $790.0K |
| Total non-current liabilities | $9.2M |
| Total liabilities | $93.6M |
| Common stock ($0.001 par value, 184,000,000 shares authorized, 90,926,720 and 82,810,089 shares issued and outstanding as of December 31, 2025 and 2024, respectively) | 91.0K |
| Additional paid-in capital | $228.6M |
| Retained earnings (accumulated deficit) | $25.4M |
| Total stockholders’ equity | $254.2M |
| Total liabilities and stockholders' equity | $347.7M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 |
|---|---|---|---|
| Cash and cash equivalents | $136.7M | $231.4M | $140.9M |
| Accounts receivable | $1.8M | $2.5M | — |
| Receivable from related parties | $20.4M | $19.9M | $13.3M |
| Prepaid expense | $1.5M | $1.2M | $1.1M |
| Current contract cost assets | $5.2M | $5.4M | $5.4M |
| Other current assets | $4.1M | $541.0K | $1.9M |
| Total current assets | $169.7M | $260.9M | $162.6M |
| Fixed-maturity securities, available-for-sale, at fair value (amortized cost: $198,426 and $0, respectively, and allowance for credit losses: $0 and $0, respectively) | $197.1M | $98.5M | — |
| Property and equipment, net | $9.7M | $10.3M | $10.9M |
| Operating lease right-of-use assets | $6.3M | $6.6M | $7.2M |
| Non-current contract cost assets | $272.0K | $284.0K | $1.3M |
| Deferred income taxes, net | $2.4M | $2.9M | $13.0K |
| Other assets | $341.0K | $299.0K | $274.0K |
| Total non-current assets | $216.1M | $118.8M | $19.6M |
| Total assets | $385.8M | $379.8M | $182.3M |
| Current contract liabilities | $74.5M | $73.7M | $73.1M |
| Commissions payable | $4.8M | $5.5M | $4.0M |
| Accounts payable and accrued liabilities | $8.4M | $6.2M | $11.6M |
| Operating lease liabilities | $2.5M | $2.5M | $2.4M |
| Income taxes payable | $411.0K | $9.4M | $1.4M |
| Accounts payable, current | $1.2M | $1.4M | $1.4M |
| Total current liabilities | $91.7M | $98.6M | $93.9M |
| Non-current contract liabilities | $829.0K | $943.0K | $4.0M |
| Operating lease liabilities | $4.1M | $4.5M | $5.2M |
| Other liabilities | $908.0K | $829.0K | $709.0K |
| Total non-current liabilities | $5.9M | $6.3M | $9.9M |
| Total liabilities | $97.6M | $104.8M | $103.8M |
| Common stock ($0.001 par value, 350,000,000 shares authorized, 90,200,252 and 90,926,720 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively) | 90.0K | 91.0K | 83.0K |
| Additional paid-in capital | $220.0M | $229.4M | $74.9M |
| Retained earnings | $69.1M | $45.8M | $3.4M |
| Accumulated other comprehensive loss | ($1.0M) | ($361.0K) | — |
| Total shareholders' equity | $288.2M | $274.9M | $78.4M |
| Total liabilities and shareholders' equity | $385.8M | $379.8M | $182.3M |
| Line item | Dec 31, 2025 · FY |
|---|---|
| Net income | $82.7M |
| Less: Net income from discontinued operations | $0 |
| Net income from continuing operations | $82.7M |
| Stock-based compensation | $2.6M |
| Depreciation and amortization | $2.9M |
| Deferred income taxes | ($5.1M) |
| Foreign currency remeasurement losses | $173.0K |
| Accounts receivable | ($2.9M) |
| Receivable from related parties | ($8.2M) |
| Prepaid expenses | ($874.0K) |
| Contract cost assets | $3.7M |
| Income taxes payable (receivable) | $5.6M |
| Contract liabilities | $18.9M |
| Commissions payable | $285.0K |
| Accounts payable and accrued liabilities | $434.0K |
| Other liabilities | ($33.0K) |
| Other assets | ($1.0K) |
| Operating lease | $91.0K |
| Cash provided by operating activities | $100.3M |
| Capital expenditures | ($2.8M) |
| Cash used in investing activities | ($2.8M) |
| Redemption of redeemable preferred stock | $0 |
| Proceeds from issuance of notes payable, related party | $0 |
| Proceeds from initial public offering | $156.2M |
| Payments of issuance costs | ($1.1M) |
| Repurchase of common stock | ($1.5M) |
| Repayment of long-term debt | $0 |
| Dividends paid on redeemable preferred stock | $0 |
| Cash provided by (used in) financing activities | $153.6M |
| Effect of exchange rate changes on cash | ($230.0K) |
| Cash provided by (used in) continuing operations | $250.9M |
| Cash provided by operating activities from discontinued operations | $0 |
| Cash used in investing activities from discontinued operations | $0 |
| Cash (used in) provided by discontinued operations | $0 |
| Increase (decrease) in cash, cash equivalents, and restricted cash | $250.9M |
| Cash, cash equivalents, and restricted cash at beginning of period - continuing operations | $54.5M |
| Cash, cash equivalents, and restricted cash at beginning of period - discontinued operations | $0 |
| Cash, cash equivalents, and restricted cash at beginning of period | $54.5M |
| Cash, cash equivalents, and restricted cash at end of period - continuing operations | $305.4M |
| Cash, cash equivalents, and restricted cash at end of period - discontinued operations | $0 |
| Cash, cash equivalents, and restricted cash at end of period | $305.4M |
| Extinguishment of notes payable | $0 |
| Capital contribution from parent | $34.0K |
| Receivable from maturities of fixed-maturity securities | $0 |
| Unrealized gain on investment in available-for-sale securities, net of tax | $0 |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD |
|---|---|---|---|
| Net income | $43.7M | $20.4M | $60.8M |
| Share-based compensation | $1.5M | $740.0K | $2.2M |
| Depreciation and amortization | $1.5M | $730.0K | $2.3M |
| Deferred income taxes | $914.0K | $191.0K | ($2.1M) |
| Net accretion of discount on investments in fixed-maturity securities | ($31.0K) | ($4.0K) | — |
| Foreign currency remeasurement losses | $191.0K | $96.0K | $141.0K |
| Accounts receivable | $1.1M | $393.0K | — |
| Related party receivable and payable | ($9.0M) | ($8.2M) | — |
| Prepaid expenses | ($29.0K) | $290.0K | ($515.0K) |
| Contract cost assets | $399.0K | $152.0K | $2.9M |
| Income taxes payable | ($2.0M) | $6.9M | — |
| Contract liabilities | $908.0K | $156.0K | $21.5M |
| Commissions payable | $189.0K | $845.0K | ($366.0K) |
| Accounts payable and accrued liabilities | $5.8M | $3.3M | $9.5M |
| Other liabilities | ($18.0K) | $12.0K | ($125.0K) |
| Other assets | ($4.2M) | ($525.0K) | ($1.9M) |
| Operating leases, net | $23.0K | $10.0K | $46.0K |
| Cash provided by operating activities | $40.9M | $25.5M | — |
| Capital expenditures | ($536.0K) | ($327.0K) | — |
| Purchase of available-for-sale securities | ($198.4M) | ($99.0M) | — |
| Cash used in investing activities | ($198.9M) | ($99.3M) | — |
| Payment of issuance costs | ($375.0K) | ($57.0K) | — |
| Repurchase of common stock | ($10.0M) | — | $0 |
| Cash used in financing activities | ($10.4M) | ($57.0K) | $0 |
| Effect of exchange rate changes on cash | ($179.0K) | ($85.0K) | ($159.0K) |
| Net (decrease) increase in cash and cash equivalents | ($168.6M) | ($74.0M) | $86.4M |
| Cash and cash equivalents at beginning of period | $305.4M | $305.4M | $0 |
| Cash and cash equivalents at end of period | $136.7M | — | — |
| Capital contribution from parent | $8.0K | $4.0K | $30.0K |
| Payable related to share repurchases | $100.0K | — | — |
Exzeo Group, Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.