| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 45 | 16.7x | 17.8x | Around median | |
Growth | 80 | 21.8% | 7.1% | Top tier | |
Quality | 99 | — | — | Top tier | |
Safety | 86 | — | — | Top tier | |
Capital Return | 54 | — | 2.12% | Around median | |
Momentum | 41 | — | 2.9% | Around median | |
Sentiment | 24 | 1 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Exzeo Group, Inc. provides a technology platform for insurance companies that combines insurance expertise with in-house systems development and generates revenue from premiums managed on the platform. Approximately 25% to 30% of revenue associated with new premiums is recognized upfront, with the remainder recognized over time, so the timing of premium additions affects their conversion into accounting revenue. The company also develops artificial intelligence-based tools, including WinForm Pro for processing wind-mitigation requirements in Florida.
In Q2 of fiscal year 2026, revenue was $57.8 million, gross profit was $36.8 million, net income was $23.3 million, and earnings per share were $0.26. This equates to a gross margin of approximately 63.7% and a net income margin of approximately 40.3%. Compared with Q1 of fiscal year 2026, revenue increased by approximately 4.1%, gross profit by approximately 12.5%, and net income by approximately 14.2%.
The latest available operating details for Q1 of fiscal year 2026 showed managed premiums reaching $1.43 billion, including approximately $105 million from non-HCI customers, or more than 7% of the total. The adjusted earnings before interest, taxes, depreciation, and amortization margin exceeded 49%, while the company generated approximately $25 million in free cash flow versus net income of approximately $20 million. It ended the period with $330 million in investment assets and $275 million in shareholders’ equity, with no debt.
Automated analysis for informational purposes only — not investment advice.
The stock’s 52-week range extends from $12.36 to $24.60, making the upper bound nearly twice the lower bound and reflecting a wide range in market valuation. The economic valuation assessment is tied to Exzeo Group, Inc.’s ability to convert its fiscal year-end 2026 managed-premium target of $1.55 billion into revenue growth while maintaining the adjusted earnings margin that exceeded 49% in Q1 of fiscal year 2026, while accounting for the continued concentration of premiums among HCI-backed carriers.
Figures in the text are as of 2026-09-01; the live price is shown at the top of the page.
Exzeo Group, Inc. generates revenue by operating a technology platform for insurance companies that is tied to the premiums managed on it. Management explained on May 6, 2026 that it recognizes approximately 25% to 30% of revenue associated with new premiums upfront, then recognizes the remainder over time. Managed premiums totaled $1.43 billion in Q1 of fiscal year 2026, while revenue totaled $55.5 million according to EDGAR filings.
The company recorded revenue of $57.8 million and gross profit of $36.8 million in Q2 of fiscal year 2026. Net income was $23.3 million and earnings per share were $0.26. Compared with Q1 of fiscal year 2026, revenue increased by approximately 4.1% and net income by approximately 14.2%.
The company has begun diversifying its customer base, but it remained heavily tied to HCI-backed carriers in Q1 of fiscal year 2026. Total managed premiums were $1.43 billion, of which only approximately $105 million came from non-HCI customers. The platform added three new carriers during the previous six months, and they came to represent more than 7% of managed premiums.
Exzeo Group, Inc. developed WinForm Pro in less than one month to address wind-mitigation requirements that took effect in Florida on April 1, 2026. By May 6, 2026, several insurance companies outside the platform were testing the product, and one company had contracted to use it. However, management said the product’s revenue alone would not be material because it is priced at approximately 10% of the cost of completing the process manually, and it sees its primary value in opening relationships with new carriers.
On May 6, 2026, management maintained its fiscal year 2026 pretax income guidance of between $115 million and $125 million. It also targeted managed premiums of $1.55 billion at the end of fiscal year 2026, after expecting them to remain near $1.4 billion in Q2 of fiscal year 2026. The path to the target depends on the Florida customer growth pattern, which management described as weighted toward the back half of the fiscal year.
The largest risk is the concentration of approximately $1.3 billion in managed premiums among HCI-backed carriers in Q1 of fiscal year 2026. The company also added approximately 20 full-time employees through April 2026 and plans further investment, increasing the need for revenue growth to protect margins. The expected stability of premiums near $1.4 billion in Q2 of fiscal year 2026, together with delayed recognition of a portion of new-premium revenue, adds risk related to the timing of when growth appears in the results.
