Key Highlights

  • Shares were up 12.62% to USD 48.00 in pre-market trading on November 3, 2026.
  • Third quarter Revenue rose 151% year over year to USD 235 million.
  • Adjusted EBITDA reached USD 35 million, up 87%, a 15% margin.
  • Full-year 2026 revenue guidance now stands at USD 838 million to USD 842 million.
  • Cash, equivalents and investments were USD 290 million as of September 30, 2026.

A Post-Earnings Move in Extended Hours (up USD 5.38, 12.62%)

Ethos Technologies (NASDAQ:LIFE) was up 12.62% to USD 48.00 in pre-market trading on November 3, 2026, measured against the November 2, 2026 close. The move follows the company's third quarter fiscal 2026 results, which were released on November 2, 2026, and discussed on an Earnings call the same day.

What the Third Quarter Showed

According to the company press release dated November 2, 2026, revenue for the quarter was USD 235 million, up 151% from a year earlier. Direct-channel revenue was USD 119 million, up 112%, while third-party channel revenue was USD 116 million, up 209%.

Management said 142,111 policies were activated in the quarter, taking the cumulative total to more than 850,000. Adjusted EBITDA was USD 35 million, up 87% from the prior year, and Operating Cash Flow was USD 41 million.

Business Background and Outlook

Ethos runs a digital Life insurance platform that handles marketing, applications, underwriting, policy issuance, administration and servicing in-house. It sells directly to consumers and through third-party agencies, which gives it two distribution routes for the same underlying product.

The company raised its outlook alongside the results. Full-year 2026 revenue guidance is now USD 838 million to USD 842 million, with adjusted EBITDA guidance of USD 134 million to USD 136 million. Fourth quarter guidance calls for revenue of USD 220 million to USD 224 million and adjusted EBITDA of USD 30 million to USD 32 million.

Using the midpoints, the fourth quarter revenue guide of USD 222 million sits below the third quarter figure of USD 235 million (calculated). Investors may weigh that sequential step down against the raised full-year range.

Balance Sheet and Risks

Cash, equivalents and investments totaled USD 290 million at September 30, 2026, up from USD 253 million at the end of the second quarter.

Risks remain. Pre-market volumes are thin, so early moves can reverse. Growth in the third-party channel depends on agency partners continuing to place Business with Ethos, and policy activations can be sensitive to Marketing efficiency and Underwriting experience. Guidance is a forward-looking estimate, not a commitment, and results can differ materially.

What to Watch Next

Traders will look at whether the stock holds its pre-market level after the opening bell on November 3, 2026, and at how Volume compares with recent sessions.

Other items to follow include the pace of new policy activations, the mix between direct and third-party revenue, and whether fourth quarter results land inside the guided range. The next scheduled update would come with the company's fourth quarter report.