Exzeo Announces Third Quarter 2025 Financial Results

About this update from Exzeo Group, Inc.

[{"type":"text","content":"Managed Premium1 up 142.1% year-over-year to $1.2 billion;Revenue up 90% to $55.2 million year-over-year;Pre-Tax Income Increases to $28.4 million, up from $6.9 million","length":170,"tagName":"p","attribs":{}},{"type":"text","content":"TAMPA, Fla., December 10, 2025--(BUSINESS WIRE)--Exzeo Group, Inc. (NYSE:XZO) today announced financial results for the quarter ended September 30, 2025.","length":153,"tagName":"p"},{"type":"text","content":""This quarter, our carrier partners delivered industry-leading financial results supported by their continued utilization of the Exzeo Platform, demonstrating the power of the platform and the scalability of our Insurance-as-a-Service model," said Paresh Patel, Exzeo's Chairman and Chief Executive Officer. "The result was a strong third-quarter performance for Exzeo, highlighted by exceptional revenue growth, meaningful margin expansion, and robust cash generation."","length":494,"tagName":"p"},{"type":"text","content":"Third Quarter 2025 Highlights (Comparisons to Third Quarter 2024)","length":65,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue increased 90% to $55.2 million from $29.1 million, driven primarily by growth in underwriting and management services from our existing customer base and expansion of the scope of services provided to customers at the beginning of 2025.","length":244,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"In the third quarter, a fifth insurance company joined the Exzeo platform, with a sixth insurance company joining the platform in the fourth quarter.","length":149,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Gross profit increased to $33.8 million from $11.1 million, reflecting strong operating leverage and improved revenue mix.","length":122,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Operating income increased $20.6 million to $27.3 million from $6.7 million.","length":76,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net income increased to $21.2 million, or $0.25 per diluted share based on 78.7 million diluted weighted-average shares outstanding, compared with $5.3 million, or $0.06 per diluted share based on 78.7 million diluted weighted-average shares outstanding in the prior period.","length":274,"tagName":"p","attribs":{}}...

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