EverQuote, Inc. Earnings Recaps
Q1 2026
May 5, 2026
EverQuote’s shares surged 64.4% after reporting Q1 results that notably beat expectations across revenue growth, adjusted EBITDA, and marketing efficiency, underscoring accelerating execution and strong market confidence.
Key takeaways
- Total revenue grew 15% year-over-year to $190.9 million, driven by robust performance in auto (+13%) and home insurance (+33%) verticals.
- Adjusted EBITDA rose 30% year-over-year to a record $29.3 million, reflecting strong operating leverage and disciplined expense management.
- Variable marketing dollars reached a record $55.9 million, up 19% year-over-year, with variable marketing margin improving to 29.3%, supported by profitable new traffic channels.
- EverQuote is rapidly deploying Agentic AI tools to boost productivity and innovation, aiming to accelerate growth in customer acquisition and marketplace efficiency.
- The company maintains a favorable outlook for Q2, emphasizing continued growth momentum and expanding product offerings to strengthen its competitive position.
Q3 2025
Nov 4, 2025
EverQuote delivered record revenue and profit in Q3 2025, driven by increased enterprise carrier spending and the successful launch of enhanced AI-driven products.
Key takeaways
- 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.