XZO

EX-99.1

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EX-99.1

EX-99.1

Exhibit 99.1

Exzeo Announces Second Quarter 2026 Financial Results

Managed Premium1 of $1.40 billion;

Pre-Tax Income of $31.4 million;

Earnings per share2 of $0.26

Tampa, Fla. - (BUSINESS WIRE) - August 6, 2026 - Exzeo Group, Inc. (NYSE:XZO) today announced financial results for the second quarter ended June 30, 2026.

"Our second quarter results highlight both the quality of our financial model and the growing traction of the Exzeo Platform. We are expanding the reach of the Exzeo Platform through new carrier relationships, broader product offerings, and enhanced capabilities. The momentum we're seeing across the platform reinforces our confidence in the significant opportunity ahead," said Paresh Patel, Exzeo's Chairman and Chief Executive Officer. "Earlier today, we announced the launch of Exzeo Ventures, a new division dedicated to developing AI-native products, services, and businesses that address unmet customer needs. AI is fundamentally expanding what's possible, and we believe the greatest long-term value will be created by companies that build entirely new businesses rather than simply making existing ones more efficient.”

Second Quarter 2026 Highlights (Comparisons to Second Quarter 2025)

• Revenue increased to $57.8 million from $56.1 million, driven primarily by growth in underwriting and management services from new and existing customers.

• Net income increased to $23.3 million from $21.7 million. Basic and diluted earnings per share were $0.26 in both periods.

• Managed Premium increased to $1.40 billion from $1.22 billion, reflecting continued growth in managed policies from new and existing customers on Exzeo's platform.

• Annual Recurring Revenue3 increased to $210.7 million from $195.3 million in the prior year period.

• Adjusted EBITDA4 increased to $29.9 million from $29.6 million. Adjusted EBITDA Margin4 was 53% compared with 57% in the prior year, as the Company continued to invest in strategic initiatives to support long-term growth, including expanding its workforce and enhancing operational infrastructure.

• Cash, cash equivalents and investments totaled $333.8 million, comprised of $136.7 million in cash and cash equivalents and $197.1 million in available-for-sale fixed-maturity securities.

• During the second quarter, 726,828 shares of common stock were repurchased for approximately $10.0 million under a $12.0 million Share Repurchase Program5. Following the completion of the program in July 2026, aggregate repurchases totaled 834,250 shares for approximately $12.0 million.

Year-to-Date 2026 Highlights (Comparisons to Year-to-Date 2025)

• Revenue increased to $113.3 million from $108.5 million, driven primarily by growth in underwriting and management services from new and existing customers.

• Net income increased to $43.7 million from $39.6 million, and basic and diluted earnings per share were $0.48 in both periods.

• Adjusted EBITDA increased to $56.5 million from $54.8 million, reflecting continued business growth. Adjusted EBITDA Margin was 51% compared with 54% in the prior year period, as the Company continued to invest in strategic initiatives to support long-term growth, including expanding its workforce and enhancing operational infrastructure.

• Net cash provided by operating activities was $40.9 million compared to $57.5 million. The decrease was primarily due to the timing of business growth and associated cash collections, partially offset by higher net income. Free Cash Flow4 was $40.4 million compared to $56.3 million in the prior year period.

Conference Call Information:

Exzeo Group management will host a conference call today, August 6, 2026, at 5:45 p.m. Eastern Time (2:45 p.m. Pacific Time). Interested parties can listen to the live presentation by dialing the number below or by clicking the listen-only webcast link available here or on the Investor Information section of the Company’s website at investors.exzeo.com.

Date: Thursday, August 6, 2026

Time: 5:45 p.m. Eastern Time (2:45 p.m. Pacific Time)

U.S. Toll-Free: +1 (833) 461-5787

Canada Local: +1 (365) 657-4084

UK Toll-Free: +44 (808) 196-8935

Conference ID: 951 201 044

All Dial-In Numbers

Webcast Link

A replay of the call will be available after 8:00 p.m. Eastern Time on the same day as the call on the Investor Information section of the Company’s website at investors.exzeo.com.

End Notes

1. Managed Premium is a key operating measure defined as the aggregate gross dollar value of in-force premiums processed, managed, or administered by Exzeo's software solutions as of period end, excluding associated policy fee income.

2. Earnings per share is calculated in accordance with GAAP. Certain unvested restricted stock awards are considered participating securities because they carry non-forfeitable dividend and voting rights and share in the Company's earnings. Refer to Basic and Diluted Earnings Per Share table for additional infor

EX-99.1

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EX-99.1

EX-99.1

Exhibit 99.1

Exzeo Announces First Quarter 2026 Financial Results

Managed Premium1 of $1.43 billion;

Pre-Tax Income of $27.6 million;

Earnings per share2 of $0.22

Tampa, Fla. - (BUSINESS WIRE) - May 6, 2026 - Exzeo Group, Inc. (NYSE:XZO) today announced financial results for the first quarter ended March 31, 2026.

"Our first quarter demonstrated momentum across the Exzeo Platform, highlighted by strong managed premium growth and the addition of a seventh insurance carrier partner," said Paresh Patel, Exzeo's Chairman and Chief Executive Officer. "Now six months since our IPO, we've delivered on our strategic priorities, including driving profitable growth with existing carrier partners, successfully onboarding and scaling third-party clients, and advancing product innovation across the platform."

First Quarter 2026 Highlights (Comparisons to First Quarter 2025)

• Revenue increased to $55.5 million from $52.4 million, driven primarily by new customers along with growth in underwriting and management services from our existing customer base.

• Net income was $20.4 million, and basic and diluted earnings per share were $0.22, compared with $18.0 million and $0.22 in the prior-year period.

• Managed Premium increased to $1.43 billion from $1.24 billion, reflecting growth in managed policies driven by continued adoption of Exzeo's Insurance-as-a-Service platform from new and existing customers.

• Annual Recurring Revenue4 increased to $216.2 million, up from $198.7 million in the prior-year period.

• Adjusted EBITDA3 increased to $26.5 million from $25.2 million, reflecting continued business growth. Adjusted EBITDA Margin3 was 49% compared with 50% in the prior year, as the Company continued to invest in strategic initiatives to support long-term growth, including personnel and company infrastructure.

• Cash provided by operating activities increased to $25.5 million from $19.8 million. As a result, Free Cash Flow3 increased to $25.1 million from $19.0 million.

• Cash, cash equivalents and investments as of March 31, 2026, increased to $329.9 million, from $305.4 million of cash and cash equivalents as of December 31, 2025.

• A seventh insurance company joined the Exzeo platform in the first quarter.

Conference Call Information:

Exzeo Group management will host a conference call today, May 6, 2026, at 5:45 p.m. Eastern time (2:45 p.m. Pacific time). Interested parties can listen to the live presentation by dialing the listen-only number below or by accessing the webcast link below or on the Investor Information section of the Company’s website at investors.exzeo.com.

Toll-Free: (800) 715-9871

International Toll: +1 (646) 307-1963 Conference ID: 2747849

Webcast Link

A replay of the call will be available after 8:00 p.m. Eastern Time on the same day as the call on the Company’s Investor Relations website at investors.exzeo.com.

End Notes

1. Managed Premium is a key operating measure defined as the aggregate gross dollar value of in-force premiums processed, managed, or administered by Exzeo's software solutions as of period end, excluding associated policy fee income.

2. Earnings per share is calculated in accordance with GAAP. Certain unvested restricted stock awards are considered participating securities because they carry non-forfeitable dividend and voting rights and share in the Company's earnings. Refer to Basic and Diluted Earnings Per Share table for additional information.

3. Adjusted EBITDA, Adjusted Revenue, Adjusted EBITDA Margin, and Free Cash Flow are non-GAAP financial measures. Please see discussion of non-GAAP financial measures at the end of this press release for more information.

4. Annual Recurring Revenue is a key operating measure defined as the sum of each customer's managed premium multiplied by its contractual fee rate, plus any applicable policy fee income associated with managed policies, as of the period end date, excluding nonrecurring revenue such as catastrophe services.

About Exzeo Group, Inc.

Exzeo Group is a leading innovator in technology solutions purpose-built for property and casualty (P&C) insurance carriers, with a strong focus on the expansive homeowners insurance market. Through its completely internally developed "Insurance-as-a-Service" platform, Exzeo delivers a comprehensive suite of digital tools and services that streamline every aspect of carrier and agent operations—from quoting and underwriting to policy administration, claims handling, data analytics, and financial reporting. By integrating advanced technology with deep industry expertise, Exzeo empowers P&C insurers to enhance underwriting precision, drive operational efficiency, and achieve superior performance across the insurance value chain.

For more information, please visit exzeo.com.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform A

EX-99.1

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EX-99.1

EX-99.1

Exhibit 99.1

Exzeo Announces Fourth Quarter and Full Year 2025 Financial Results

Managed Premium1 up 139% year-over-year to $1.39 billion;

Revenue up 62% year-over-year to $217.0 million;

Pre-Tax Income increased 213% to $110.3 million

Tampa, Fla. - (Business Wire) - February 25, 2026 - Exzeo Group, Inc. (NYSE:XZO) today announced financial results for the fourth quarter and full year ended December 31, 2025.

"Our full year performance underscores the strength and scalability of the Exzeo Platform," said Paresh Patel, Exzeo's Chairman and Chief Executive Officer. "Since completing our IPO, we’ve deepened our relationships with existing carrier partners and expanded with new customers, while delivering strong revenue growth and solid profitability."

Fourth Quarter 2025 Highlights (Comparisons to Fourth Quarter 2024)

• Revenue increased 20% to $53.3 million from $44.5 million, driven primarily by growth in underwriting and management services from the expansion in the scope of services provided at the beginning of 2025.

• Net income from continuing operations was $22.0 million, and basic and diluted earnings per share2 were $0.25, compared with $11.7 million and $0.15 in the prior year period.

• Managed Premium increased 139% to $1.39 billion from $580.3 million, reflecting continued adoption of Exzeo's Insurance-as-a-Service platform.

• Annual Recurring Revenue3 increased to $214.9 million as of December 31, 2025, up from $138.5 million as of December 31, 2024, highlighting strong growth in recurring revenue streams.

• Adjusted EBITDA4 increased to $28.0 million from $16.8 million, and Adjusted EBITDA Margin4 increased to 55% from 46%, underscoring scalability and cost efficiency.

• A sixth insurance company joined the Exzeo platform in the fourth quarter.

Full Year 2025 Highlights (Comparisons to Full Year 2024)

• Revenue increased 62% to $217.0 million from $133.9 million, driven primarily by growth in underwriting and management services from our existing customer base and expansion in the scope of services provided to customers at the beginning of 2025.

• Net income from continuing operations was $82.7 million, and basic and diluted earnings per share were $0.99, compared with $26.1 million, and $0.20 in the prior year.

• Adjusted EBITDA increased to $111.5 million from $44.0 million and Adjusted EBITDA Margin increased to 54% from 37%.

• Cash from operating activities increased to $100.3 million from $49.3 million. As a result, Free Cash Flow4 increased to $97.5 million from $45.9 million.

Liquidity and Capital Resources

As of December 31, 2025, Exzeo had:

• Cash and cash equivalents of $305.4 million, compared with $54.5 million as of December 31, 2024; and

• Working capital of $241.4 million, compared to $10.9 million as of December 31, 2024.

Conference Call Information:

Exzeo Group management will host a conference call today, February 25, 2026, at 5:45 p.m. Eastern time (2:45 p.m. Pacific time). Interested parties can listen to the live presentation by dialing the listen-only number below or by using the webcast link below or on the Investor Information section of the company’s website at investors.exzeo.com

Toll-Free: (800) 715-9871

International Toll: (646) 307-1963 Conference ID: 2747849

Webcast Link

A replay of the call will be available after 8:00 p.m. Eastern Time on the same day as the call on the company’s Investor Relations website at investors.exzeo.com.

End Notes

1. Managed Premium is a key operating measure defined as the aggregate gross dollar value of in-force premiums processed, managed, or administered by Exzeo's software solutions as of period end, excluding associated policy fee income.

2. Earnings per share is calculated in accordance with GAAP. Certain unvested restricted stock awards are considered participating securities because they carry non-forfeitable dividend and voting rights and share in the Company's earnings. Refer to Basic and Diluted Per Share table for additional information.

3. Annual Recurring Revenue is a key operating measure defined as the sum of each customer's managed premium multiplied by its contractual fee rate, plus any applicable policy fee income associated with managed policies, as of the period end date, excluding non-recurring revenue such as catastrophe services.

4. Adjusted EBITDA, Adjusted Revenue, Adjusted EBITDA Margin, and Free Cash Flow are non-GAAP financial measures. Please see discussion of non-GAAP financial measures at the end of this press release for more information.

About Exzeo Group, Inc.

Exzeo Group is a leading innovator in technology solutions purpose-built for property and casualty (P&C) insurance carriers, with a strong focus on the expansive homeowners insurance market. Through its completely internally developed "Insurance-as-a-Service" platform, Exzeo delivers a comprehensive suite of digital tools and services that streamline every aspect of ca