Ethos Technologies

LIFE

Insurance - Life · Financial Services

Exchange

NASDAQ

Winston Score

Winston is serious

Mixed quality — meaningful strengths and weaknesses.

Data as of Aug 23, 2026 · filings through Jun 30, 2026

How the score breaks down

Quality

Mixed

Growth

Good

Cash Flow

Mixed

Stability

Good

Valuation

Data not available

Track this stock — start free trial

Winston Score History

The full picture

Ethos Technologies is an online life insurance company that makes it easier and faster for people to buy term life insurance without a medical exam. Instead of the traditional process that can take weeks, Ethos uses technology and data to approve most applicants in minutes. The company sells policies directly to consumers and works with a network of insurance carriers to underwrite the coverage.

Ethos makes money by earning commissions when customers purchase policies through its platform, which explains its very high gross margin. The company operates primarily in the United States and competes against both traditional insurers and other digital insurance startups. Its main competitive advantage is its simplified, tech-driven application process, which lowers the friction of buying life insurance. However, Ethos is currently unprofitable, and its key challenge is scaling customer acquisition efficiently enough to reach profitability before its cash reserves run low — a common pressure facing growth-stage fintech and insurtech companies.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+113.4% YoY

Strong revenue growth

EPS Growth

+6.9% YoY

Slow EPS growth

Insider Activity

91.5%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$253M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Strong grower

Ethos Technologies is growing revenue at 113% year-over-year. The Winston Score penalises unprofitable companies, but revenue at this pace tells a different story — this is a company still in "build mode."

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

96.2%

Premium pricing power — 96.2% gross margin

Profit after running costs

Operating Margin

9.6%

Modest — 9.6% operating margin

Return on the money invested

ROCE

-20.9%

Weak — -20.9% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

N/A

Data not available

Profit growth

EPS YoY

N/A

Data not available

How steady the profit is

EPS Consistency

1/1 quarters

Every recent quarter grew earnings vs last year

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

N/A

Data not available

Spare cash per sale

FCF Margin

12.1%

Converts sales into free cash efficiently (12.1%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.04

Conservative — low debt load (0.04)

Covers its interest

Interest Cover

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

N/M

no trend

Negative earnings — P/E not meaningful

Cheaper or dearer next year

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial