Exzeo Group, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $217.0M | $133.9M | $88.3M |
| Cost of Revenue | $86.0M | $80.7M | $71.1M |
| Gross Profit | $131.0M | $53.2M | $17.3M |
| Gross Margin | 60.4% | 39.7% | 19.6% |
| Operating Expenses | |||
| Research & Development | $8.8M | $6.5M | $6.5M |
| SG&A Expense | $15.7M | $8.3M | $7.9M |
| Operating Income | $106.0M | $38.0M | $2.6M |
| Operating Margin | 48.8% | 28.4% | 2.9% |
| Interest Expense | — | — | — |
| Pretax Income | $110.3M | $35.2M | $883.0K |
| Income Tax Expense | $27.5M | $9.2M | $-12.0M |
| Net Income | $82.7M | $45.3M | $21.5M |
| Net Margin | 38.1% | 33.8% | 24.3% |
| EPS (Basic) | $0.99 | $0.44 | $0.15 |
| EPS (Diluted) | $0.99 | $0.44 | $0.15 |
| Shares Outstanding (Basic) | 80.2M | 77.5M | 76.1M |
| Shares Outstanding (Diluted) | 80.2M | 77.5M | 76.1M |
| Dividends Per Share | — | — | — |