Exzeo

Q2 FY2026 EarningsQ2 FY26 beat consensus on both top and bottom lines: revenue $57.8M vs. $54.2M expected (+6.6%), and normalized EPS of $0.26 vs. $0.24 expected (+8.3%). While gross margin of 63.7% significantly outperformed the 61.2% consensus, operating income expansion was partially offset by a 95.5% YoY surge in SG&A expenses following the transition to a standalone public company. Management completed a $12M share repurchase program shortly after the quarter-end and announced the launch of 'Exzeo Ventures' to focus on AI-native insurance solutions.