Exzeo (XZO) Operating Expenses (2024 - 2026)
Exzeo's (XZO) quarterly Operating Expenses came in at $8.4 million in Q2 2026, up 54.41% year-over-year from $5.4 million in Q2 2025, and up 9.22% quarter-over-quarter from $7.7 million in Q1 2026.
Analysis
Exzeo (XZO) Operating Expenses (2024 - 2026) Analysis & Trends
Exzeo has disclosed Operating Expenses across 3 years of filings, most recently posting $8.4 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 54.41% year-over-year to $8.4 million; the TTM figure through Jun 2026 stood at $30.6 million (up 70.46% YoY), while the FY2025 annual figure was $25.0 million, up 64.78% from the prior year.
- Operating Expenses came in at $8.4 million for Q2 2026 at Exzeo, up from $7.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $8.4 million in Q2 2026 to a low of $3.1 million in Q4 2024.
- Average Operating Expenses over 3 years is $6.1 million, with a median of $6.0 million recorded in 2025.
- The largest YoY upside for Operating Expenses was 158.09% in 2025 against a maximum downside of 48.51% in 2025.
- Over 3 years, Operating Expenses stood at $3.1 million in 2024, then soared by 158.09% to $8.1 million in 2025, then gained by 3.91% to $8.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $8.4 million in Q2 2026, $7.7 million in Q1 2026, and $8.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Guidewire Software | 13.52 Bn | 12.77 Bn | 236.65 Mn | 206.01 Mn |
| 2 | Exzeo | 1.49 Bn | 1.36 Bn | 36.84 Mn | 8.38 Mn |
| 3 | Yuanbao | 632.22 Mn | -13.93 Mn | - | 127.38 Mn |
| 4 | Cheche | 230.80 Mn | 211.43 Mn | - | - |
| 5 | Roadzen | 109.13 Mn | 106.01 Mn | 9.27 Mn | 17.74 Mn |
| 6 | Health In Tech | 64.25 Mn | 57.80 Mn | 3.92 Mn | 7.36 Mn |
| 7 | MindForge | 1.99 Mn | -7.88 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.38 Mn |
| Mar 31, 2026 | 7.67 Mn |
| Dec 31, 2025 | 8.06 Mn |
| Sep 30, 2025 | 6.52 Mn |
| Jun 30, 2025 | 5.42 Mn |
| Mar 31, 2025 | 5.03 Mn |
| Dec 31, 2024 | 3.12 Mn |
| Sep 30, 2024 | 4.39 Mn |