EverQuote delivered record revenue and profit in Q3 2025, driven by increased enterprise carrier spending and the successful launch of enhanced AI-driven products.
- Total revenue rose 20% YoY to $173.9 million, with enterprise carrier spend up over 27%.
- Adjusted EBITDA reached a record $25.1 million, reflecting a 33% increase YoY and a 14.4% adjusted EBITDA margin.
- Smart Campaigns 3.0 launched, improving ad spend efficiency by 7% and enhancing client retention.
- Over 35% of local agents now utilize multiple products, indicating strong cross-sell potential.
- Targeting $1 billion in annual revenue by 2027 as part of a strategic transition to a multi-product, AI-powered growth solutions provider.
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