Quarterly ResultAug 3, 2026, 04:08 PM
EverQuote Q2 Revenue +25% to $195.1M; Record Adjusted EBITDA $30.1M
AI Summary
EverQuote, Inc. announced strong financial results for the second quarter ended June 30, 2026, with total revenue increasing 25% year-over-year to $195.1 million. The company reported net income of $19.2 million and a record Adjusted EBITDA of $30.1 million, up 37% from the prior year. Management highlighted healthy demand and continued investment in AI innovation, providing a positive outlook for Q3 2026 with expected revenue between $198.0 million and $208.0 million.
Key Highlights
- Total revenue grew 25% year-over-year to $195.1 million.
- Net income increased to $19.2 million, up from $14.7 million in Q2 2025.
- Adjusted EBITDA rose 37% year-over-year to a record $30.1 million.
- Automotive insurance revenue was $172.1 million (+23%) and home/renters revenue was $23.0 million (+35%).
- Ended Q2 2026 with $192.3 million in cash and cash equivalents and no debt.
- Repurchased 578 thousand shares for approximately $9.1 million during the quarter.
- Q3 2026 revenue outlook is $198.0 million to $208.0 million.
- Q3 2026 Adjusted EBITDA outlook is $28.0 million to $31.0 million.
Price Impact
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