Exzeo Group, Inc. (XZO) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	221.8M	217.0M	133.9M	88.3M	45.6M
Cost of Revenue	86.2M	89.4M	81.1M	71.4M	71.9M
Gross Profit	135.6M	127.6M	52.9M	17.0M	(26.3M)
Operating Expenses
R&D Expense	4.7M	—	—	—	—
SG&A Expense	11.0M	—	—	—	—
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	12.2M	21.6M	—	—	—
Total Operating Expenses	28.0M	21.6M	—	—	—
Cost and Expenses	114.2M	111.0M	95.9M	85.8M	83.4M
Operating Income (EBIT)	107.6M	106.0M	38.0M	2.6M	(37.8M)
Non-Operating
Interest Income	8.6M	4.3M	548.0K	52.0K	30.0K
Interest Expense	—	—	—	—	—
Net Interest Income	8.6M	4.3M	548.0K	52.0K	30.0K
Other Non-Op Income/Expense	8.6M	4.3M	(2.8M)	(1.7M)	(852.0K)
Non-Operating Income (excl Interest)	(8.6M)	(4.3M)	—	—	—
EBT (Pre-Tax Income)	116.2M	110.3M	35.2M	883.0K	(38.6M)
Income Tax Expense	29.4M	27.5M	9.2M	(12.0M)	3.4M
Bottom Line
Net Income	86.8M	82.7M	44.1M	20.8M	(54.7M)
Earnings from Cont. Ops	86.8M	82.7M	26.1M	12.9M	(42.0M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	84.4M	79.0M	44.1M	20.8M	(54.7M)
Per Share
Basic EPS	$0.93	$0.87	$0.37	$0.13	($0.70)
Diluted EPS	$0.93	$0.87	$0.37	$0.13	($0.70)
Revenue Per Share	$2.44	$2.39	$1.48	$0.97	$0.50
Shares
Basic Shares Outstanding	90.9M	90.9M	90.8M	90.8M	90.8M
Diluted Shares Outstanding	90.9M	90.9M	90.8M	90.8M	90.8M
Profitability Metrics
EBITDA	119.2M	113.2M	40.4M	4.8M	(36.1M)
D&A	2.9M	2.9M	2.4M	2.2M	1.7M
EBIT	116.2M	110.3M	38.0M	2.6M	(37.8M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026