EverQuote, Inc. Q3 2026 Earnings Recap

EverQuote’s shares rose 19.9% after earnings, as Q3 revenue and adjusted EBITDA grew 25% and 41% year over year, respectively, and the company said it exceeded the high end of guidance across key financial metrics. Home insurance growth and broad carrier demand added to the upside, while the AI-driven shopping opportunity remains prospective and platform integrations are subject to approval.

Key Takeaways

• Revenue reached $218.1 million, up 25% year over year; auto revenue was $190.4 million, up 21%.
• Home revenue increased 70% to $27.7 million. Eight of the company’s top 10 carriers grew sequentially.
• Variable Marketing Dollars reached a record $62.6 million, up 25% year over year; adjusted EBITDA was also a record and grew 41%.
• The company said AI tools helped engineering teams reduce cycle time 36% quarter over quarter and supported faster product launches.
• EverQuote launched Luva, an AI-native insurance shopping platform, and is rolling out apps across LLM and agentic platforms; integrations depend on platform review and approval.