Ethos Technologies Inc.
LIFE · Insurance Agents, Brokers & Service · 57.6M shares · EDGAR filings ↗
Reference price $22.00 · est. market cap ~$1.3B — last insider sale, 2026-05-15 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B70Ethos Technologies — life-insurance-distribution insurtech, profitable and fast-growing.
Strengths
- Net margin 18% (80th pct), ROA (83rd); revenue +52% (92nd), strong liquidity (current 2.2)
Risks
- Negative book equity (ROE -2.95) — financing/structure artifact
- Carrier-partner dependence; customer-acquisition costs
Notable findings
- Strong balance sheetStrong balance sheet — $157M cash & investments
- Insider buyingInsider buying — 3 open-market buy(s) by 3 insider(s) (cluster of 3 insiders, ~$10M, last 6mo) Form 4 ↗
- Insider sellingInsider selling — 16 open-market sale(s) by 8 insider(s) (cluster of 8 insiders, ~$49M, last 6mo) Form 4 ↗
Quarterly revenue
Last 2 quarters · from SEC filings.
Key metrics
Gross margin
98.3%
Operating margin
18.8%
Net margin
18.4%
Return on equity
-295.0%
Return on assets
13.8%
Revenue growth (QoQ)
103.5%
Net-income growth
45.7%
Current ratio
2.2×
Free cash flow
$35M
EBITDA
$78M
Tangible book value
-$27M
Cash & investments
$157M
Stock comp / revenue
2.7%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-15 | Kucharski Brandt Walter | Sell | 5.3K | $22.00 |
| 2026-05-15 | GV 2019 GP, L.L.C. | Other | 87K | — |
| 2026-05-15 | GV 2019 GP, L.L.C. | Sell | 45K | $23.27 |
| 2026-05-15 | Colis Peter George | Sell | 55K | $22.00 |
| 2026-05-15 | GV 2019 GP, L.L.C. | Sell | 42K | $24.27 |
| 2026-05-15 | Colis Peter George | Sell | 5.1K | $22.78 |
| 2026-05-15 | Colis Peter George | Conversion | 56K | — |
| 2026-05-15 | Wang Lingke | Sell | 39K | $21.99 |
| 2026-05-15 | Wang Lingke | Sell | 6.9K | $22.77 |
| 2026-05-15 | Wang Lingke | Conversion | 70K | — |
| 2026-05-15 | Kucharski Brandt Walter | Sell | 499 | $22.66 |
| 2026-05-15 | Capozzi Christopher M. | Sell | 63K | $21.97 |
| 2026-05-15 | Capozzi Christopher M. | Sell | 18K | $22.72 |
| 2026-05-14 | GV 2019 GP, L.L.C. | Other | 60K | — |
| 2026-05-14 | GV 2019 GP, L.L.C. | Sell | 60K | $23.01 |
| 2026-04-28 | Capozzi Christopher M. | Grant | 80K | — |
| 2026-04-28 | Kucharski Brandt Walter | Grant | 57K | — |
| 2026-01-30 | SC US (TTGP), LTD. | Conversion | 1.2M | — |
| 2026-01-30 | SC US (TTGP), LTD. | Conversion | 2.1M | — |
| 2026-01-30 | SC US (TTGP), LTD. | Conversion | 143K | — |
| 2026-01-30 | SC US (TTGP), LTD. | Disposition | 8.0M | — |
| 2026-01-30 | SC US (TTGP), LTD. | Disposition | 338K | — |
| 2026-01-30 | SC US (TTGP), LTD. | Disposition | 122K | — |
| 2026-01-30 | SC US (TTGP), LTD. | Disposition | 1.2M | — |
| 2026-01-30 | SC US (TTGP), LTD. | Disposition | 2.1M | — |
| 2026-01-30 | SC US (TTGP), LTD. | Disposition | 143K | — |
| 2026-01-30 | Accel Growth Fund IV L.P. | Conversion | 6.8M | — |
| 2026-01-30 | Accel Growth Fund IV L.P. | Conversion | 6.8M | — |
| 2026-01-30 | Accel Growth Fund IV L.P. | Conversion | 324K | — |
| 2026-01-30 | Accel Growth Fund IV L.P. | Conversion | 324K | — |
| 2026-01-30 | Accel Growth Fund IV L.P. | Conversion | 39K | — |
| 2026-01-30 | Accel Growth Fund IV L.P. | Conversion | 39K | — |
| 2026-01-30 | BOTHA ROELOF | Conversion | 8.0M | — |
| 2026-01-30 | BOTHA ROELOF | Conversion | 338K | — |
| 2026-01-30 | BOTHA ROELOF | Conversion | 122K | — |
| 2026-01-30 | BOTHA ROELOF | Conversion | 1.2M | — |
| 2026-01-30 | BOTHA ROELOF | Conversion | 2.1M | — |
| 2026-01-30 | BOTHA ROELOF | Conversion | 143K | — |
| 2026-01-30 | BOTHA ROELOF | Disposition | 8.0M | — |
| 2026-01-30 | BOTHA ROELOF | Disposition | 338K | — |
| 2026-01-30 | BOTHA ROELOF | Disposition | 122K | — |
| 2026-01-30 | BOTHA ROELOF | Disposition | 1.2M | — |
| 2026-01-30 | BOTHA ROELOF | Disposition | 2.1M | — |
| 2026-01-30 | BOTHA ROELOF | Disposition | 143K | — |
| 2026-01-30 | Mullin Mark W. | Buy | 5.3K | $19.00 |
| 2026-01-30 | GV 2017 GP, L.L.C. | Sell | 90K | $19.00 |
| 2026-01-30 | SOFTBANK GROUP CORP. | Conversion | 2.7M | — |
| 2026-01-30 | SC US (TTGP), LTD. | Conversion | 8.0M | — |
| 2026-01-30 | SC US (TTGP), LTD. | Conversion | 338K | — |
| 2026-01-30 | SC US (TTGP), LTD. | Conversion | 122K | — |
| 2026-01-30 | SC US (TTGP), LTD. | Conversion | 1.2M | — |
| 2026-01-30 | SC US (TTGP), LTD. | Conversion | 2.1M | — |
| 2026-01-30 | SC US (TTGP), LTD. | Conversion | 143K | — |
| 2026-01-30 | SC US (TTGP), LTD. | Disposition | 8.0M | — |
| 2026-01-30 | SC US (TTGP), LTD. | Disposition | 338K | — |
| 2026-01-30 | SC US (TTGP), LTD. | Disposition | 122K | — |
| 2026-01-30 | SC US (TTGP), LTD. | Disposition | 1.2M | — |
| 2026-01-30 | SC US (TTGP), LTD. | Disposition | 2.1M | — |
| 2026-01-30 | SC US (TTGP), LTD. | Disposition | 143K | — |
| 2026-01-30 | SC US (TTGP), LTD. | Conversion | 8.0M | — |
| 2026-01-30 | SC US (TTGP), LTD. | Conversion | 338K | — |
| 2026-01-30 | SC US (TTGP), LTD. | Conversion | 122K | — |
| 2026-01-30 | Kucharski Brandt Walter | Sell | 12K | $17.86 |
| 2026-01-30 | Lantz Erin N | Sell | 163K | $17.86 |
| 2026-01-30 | WHEELER WILLIAM J | Buy | 261K | $19.00 |
| 2026-01-30 | GV 2017 GP, L.L.C. | Conversion | 1.8M | — |
| 2026-01-30 | GV 2017 GP, L.L.C. | Conversion | 3.3M | — |
| 2026-01-30 | GV 2017 GP, L.L.C. | Conversion | 572K | — |
| 2026-01-30 | GV 2017 GP, L.L.C. | Sell | 1.8M | $19.00 |
| 2026-01-30 | Colis Peter George | Conversion | 6.2M | — |
| 2026-01-30 | Colis Peter George | Conversion | 129K | — |
| 2026-01-30 | Colis Peter George | Conversion | 215K | — |
| 2026-01-30 | Wang Lingke | Conversion | 3.9M | — |
| 2026-01-30 | Wang Lingke | Conversion | 64K | — |
| 2026-01-30 | Wang Lingke | Conversion | 389K | — |
| 2026-01-30 | Wang Lingke | Conversion | 292K | — |
| 2026-01-30 | Wang Lingke | Conversion | 292K | — |
| 2026-01-30 | Wang Lingke | Conversion | 292K | — |
| 2026-01-30 | Wang Lingke | Conversion | 292K | — |
| 2026-01-30 | Wang Lingke | Conversion | 292K | — |
| 2026-01-30 | Wang Lingke | Conversion | 292K | — |
| 2026-01-30 | Sharma Vipul | Sell | 200K | $17.86 |
| 2026-01-29 | Sharma Vipul | Tax withheld | 212K | — |
| 2026-01-29 | BOTHA ROELOF | Buy | 261K | $19.00 |
| 2026-01-29 | Kucharski Brandt Walter | Tax withheld | 53K | — |
| 2026-01-29 | Colis Peter George | Tax withheld | 563K | — |
| 2026-01-29 | Wang Lingke | Tax withheld | 411K | — |
| 2026-01-29 | Lantz Erin N | Tax withheld | 65K | — |
| 2026-01-28 | Lantz Erin N | Option exercise | 85K | $2.98 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-05-08 | 2026-03-31 | 0001193125-26-214620 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001193125-26-208936 ↗ |
| 10-K | 2026-03-17 | 2025-12-31 | 0001193125-26-108887 ↗ |
| 8-K | 2026-02-25 | 2026-02-25 | 0001193125-26-071749 ↗ |
| 8-K | 2026-02-02 | 2026-01-28 | 0001193125-26-032634 ↗ |