Growth Metrics

Exzeo (XZO) Research & Development (2024 - 2026)

Exzeo recorded quarterly Research & Development of $2.3 million in Q1 2026, up 30.95% quarter-over-quarter from $1.8 million in Q4 2025, and up 3.83% year-over-year from $2.2 million in Q1 2025.

Exzeo's Research & Development history runs 3 years deep, the most recent figure standing at $2.3 million for Q1 2026.

  • In Q1 2026, Research & Development rose 3.83% year-over-year to $2.3 million; the TTM figure through Mar 2026 stood at $8.8 million (changed N/A YoY), while the FY2025 annual figure was $8.8 million, up 35.55% from the prior year.
  • Research & Development came in at $2.3 million for Q1 2026 at Exzeo, up from $1.8 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $2.5 million in Q3 2025 to a low of $1.5 million in Q4 2024.
  • A 3-year average of $2.0 million and a median of $2.0 million in 2025 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development soared 44.33% in 2025 and advanced 3.83% in 2026, its largest moves.
  • Exzeo's Research & Development stood at $1.5 million in 2024, then rose by 17.71% to $1.8 million in 2025, then jumped by 30.95% to $2.3 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $2.3 million, $1.8 million, and $2.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 American International 39.62 Bn 784.91 Mn 2.60 Bn -
2 Hartford Insurance 34.97 Bn 25.91 Bn 2.15 Bn -
3 Aegon 34.55 Bn 34.55 Bn - -
4 Arch Capital 31.37 Bn 30.45 Bn 4.02 Bn -
5 Fidelis Insurance Holdings 2.04 Bn 2.04 Bn 386.80 Mn -
6 International General Insurance Holdings 1.03 Bn 811.79 Mn 70.90 Mn -
7 Waterdrop 762.05 Mn 690.71 Mn 129.34 Mn -9.46 Mn
8 Exzeo 1.28 Mn -230.11 Mn 32.74 Mn 2.31 Mn
9 Sun Life Financial 43.53 -7.92 Bn - -
10 Sun Life Financial - - - -

Historic Data

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DateValue
Mar 31, 2026 2.31 Mn
Dec 31, 2025 1.76 Mn
Sep 30, 2025 2.49 Mn
Mar 31, 2025 2.22 Mn
Dec 31, 2024 1.50 Mn
Sep 30, 2024 1.73 Mn