Exzeo Group, Inc.
NYSE: XZO · FINANCIAL SERVICES · INSURANCE - DIVERSIFIED
Updated 2026-07-10
Exzeo Group, Inc. (XZO) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2019 | 2020 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | $96.23M | $160.76M | — | $625.57M | $89.64M | $347.73M |
| Cash & equivalents | $51.86M | $101.72M | — | $15.05M | $54.50M | $305.37M |
| Current assets | — | — | — | $271.00M | $67.23M | $325.82M |
| Total liabilities | $79.27M | $154.21M | — | $554.71M | $74.13M | $93.58M |
| Current liabilities | — | — | — | $334.80M | $56.38M | $84.39M |
| Long-term debt | — | — | — | $58.15M | $0.00 | — |
| Shareholder equity | $16.96M | $6.55M | — | $70.86M | $15.51M | $254.16M |
| Retained earnings | $16.82M | $-4.91M | — | $-92.50M | $-57.33M | $25.42M |
| Accounts receivable | $6.38M | $7.93M | — | $9.13M | $5.68M | $18.92M |
| Inventory | — | — | — | — | — | — |
| Goodwill | — | — | — | — | — | — |
Frequently asked questions
What is Exzeo Group, Inc.'s revenue?
Exzeo Group, Inc.'s trailing twelve-month revenue is $226.52M. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is XZO?
In its most recent fiscal year, XZO ran a gross margin of 58.81%, an operating margin of 48.85%, and a net margin of 38.14%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does XZO generate?
XZO produced $97.45M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is XZO's balance sheet healthy?
XZO holds $305.37M in cash and equivalents against — in long-term debt, on $254.16M of shareholder equity. That debt is best read against the cash flow the business throws off each year.