Ethos Technologies posts 151% Q3 revenue growth, raises full‑year outlook and authorizes $100 M buyback

Ethos Technologies reported third‑quarter 2026 revenue of $235.2 million, up 151% year‑over‑year, driven by direct‑channel growth of 112% and third‑party channel growth of 209%. Adjusted EBITDA rose 87% to $35 million, giving a 15% margin, and earnings per share were $0.49. The company lifted its 2026 revenue guidance to $838 million‑$842 million, raised its adjusted EBITDA outlook to $134 million‑$136 million, and the board approved a $100 million share‑repurchase program.

The higher full‑year revenue and EBITDA forecasts suggest stronger cash generation and may support a higher valuation, as noted by Citizens in its price‑target raise. The authorized $100 million buyback provides a direct return to shareholders and could support the stock price, which jumped about 10% after the release.

  • 1Q3 2026 revenue was $235.2 million, up 151% YoY.
  • 2Direct‑channel revenue grew 112% to $118.8 million.
  • 3Third‑party channel revenue grew 209% to $116.4 million.
  • 4Adjusted EBITDA was $35 million, an 87% increase, yielding a 15% margin.
  • 5Earnings per share were $0.49.
  • 6Full‑year 2026 revenue guidance was raised to $838 million‑$842 million.

Sources