NYSE$XZO

Exzeo Group Inc · Q1 2026 earnings

Q1 2026 earnings ·

Briefing

Exzeo Group Inc reported revenue growth and higher net income for the first quarter of 2026 driven by managed premium expansion.

Exzeo Group Inc achieved revenue of $55.5 million for the three months ended March 31, 2026, representing a 6% increase year-over-year. Net income rose 13.7% to $20.4 million while operating income grew modestly to $25.1 million. The company continued to expand its platform with managed premium reaching $1.43 billion and maintained strong operational metrics including a net dollar retention rate of 114.8%.

  • Revenue increased 6.0% year-over-year to $55.5 million, led by underwriting and management services growth of 6.2%.
  • Net income rose 13.7% to $20.4 million with operating margin remaining stable near 45%.
  • Managed premium grew to $1.43 billion and managed policies increased to 327,233, reflecting continued platform adoption.
  • Free cash flow reached $25.1 million, supported by strong operating cash generation of $25.5 million.

Headline financials

Total Revenue

$55.5M

No prior period
EPS (adj)

$0.22

No prior period
Managed Premium

$1.43B

No prior period
Managed Policies

327.2K

No prior period
Premium Per Policy

$4.37K

No prior period
Gross Dollar Retention Rate

91.4%

No prior period
Net Dollar Retention Rate

114.8%

No prior period
Annual Recurring Revenue

$216M

No prior period
Free Cash Flow

$25.1M

No prior period
Net Income

$20.4M

No prior period
Operating Income

$25.1M

No prior period
Gross Profit

$32.7M

No prior period
Cash & Equivalents

$231M

No prior period
Total Assets

$380M

No prior period

Revenue & EPS history

Exzeo Group Inc · Revenue · Quarterly

$55.5M

Q1 2026
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Revenue by segment

Exzeo Group Inc · $55.5M total across 3 segments · Q1 2026

  • Underwriting and management
    $45.9M
  • Claim services
    $6.89M
  • Other technology services
    $2.72M

Forward guidance

The company expects continued national expansion and platform scaling while managing customer concentration and regulatory requirements.

Tailwinds

  • National expansion into additional states to increase geographic diversification.
  • Ongoing investments in data analytics and underwriting algorithms to improve loss ratios.
  • Strong customer retention and new carrier onboarding driving managed premium growth.

Headwinds

  • Customer concentration risk with a limited number of carriers.
  • Potential volatility from catastrophe-related claims and weather events.
  • Increased costs associated with operating as a public company.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

+5.5%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+25.2%

Avg return

30 days after

100%

2 / 2 earnings

Positive

+10.7%

Q3 2025

Best reaction

+0.3%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.3%-4.9%
Q3 2025+10.7%+6.4%+25.2%

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