Revenue growth has rebounded significantly, with the company scaling operating income from a $6.8 million loss in 2023Q4 to a $23.4 million profit by 2026Q1.
| Sales/Revenue | 716.74M | 692.52M | 500.19M | 287.92M | 404.13M | 418.51M | 346.94M | 248.81M | 163.35M | 126.24M | 122.78M |
| Revenue Growth % | 24.49% | 38.45% | 73.72% | -28.75% | -3.44% | 20.63% | 39.44% | 52.32% | 29.39% | 2.82% | - |
| Cost of Goods Sold | 18.26M | 19.38M | 20.92M | 22.45M | 23.98M | 23.95M | 21.37M | 15.9M | 11.68M | 7.75M | 5.89M |
| COGS % of Revenue | - | 2.8% | 4.18% | 7.8% | 5.93% | 5.72% | 6.16% | 6.39% | 7.15% | 6.13% | 4.8% |
| Gross Profit | 698.48M | 673.15M | 479.27M | 265.47M | 380.15M | 394.57M | 325.56M | 232.91M | 151.67M | 118.5M | 116.89M |
| Gross Margin % | 97.45% | 97.2% | 95.82% | 92.2% | 94.07% | 94.28% | 93.84% | 93.61% | 92.85% | 93.86% | 95.2% |
| Gross Profit Growth % | - | 40.45% | 80.54% | -30.17% | -3.65% | 21.2% | 39.78% | 53.56% | 28% | 1.37% | - |
| Operating Expenses | 616.49M | 606.58M | 447.52M | 317.44M | 404.94M | 416.49M | 337.24M | 240.96M | 165.58M | 123.19M | 117.3M |
| OpEx % of Revenue | - | 87.59% | 89.47% | 110.25% | 100.2% | 99.52% | 97.21% | 96.84% | 101.37% | 97.58% | 95.54% |
| Selling, General & Admin | 591.83M | 575.07M | 417.96M | 266.43M | 377.36M | 379.69M | 305.32M | 219.52M | 151.41M | 113.99M | 110.71M |
| SG&A % of Revenue | - | 83.04% | 83.56% | 92.54% | 93.38% | 90.72% | 88.01% | 88.23% | 92.69% | 90.3% | 90.17% |
| Research & Development | 32.57M | 31.5M | 29.55M | 27.59M | 31.71M | 35.73M | 29.66M | 20.21M | 14.17M | 9.19M | 6.58M |
| R&D % of Revenue | - | 4.55% | 5.91% | 9.58% | 7.85% | 8.54% | 8.55% | 8.12% | 8.68% | 7.28% | 5.36% |
| Other Operating Expenses | -668K | 0 | 0 | 23.42M | -4.13M | 1.06M | 2.26M | 1.23M | 0 | 0 | 0 |
| Operating Income | 81.99M | 66.57M | 31.75M | -51.98M | -24.79M | -21.92M | -11.68M | -8.05M | -13.91M | -4.69M | -409K |
| Operating Margin % | 11.44% | 9.61% | 6.35% | -18.05% | -6.13% | -5.24% | -3.37% | -3.23% | -8.52% | -3.71% | -0.33% |
| Operating Income Growth % | - | 109.66% | 161.09% | -109.68% | -13.06% | -87.67% | -45.14% | 42.14% | -196.69% | -1046.45% | - |
| EBITDA | 85.36M | 70.38M | 37.42M | -45.78M | -18.94M | -16.85M | -8.33M | -5.86M | -12.57M | -3.33M | 1.03M |
| EBITDA Margin % | 11.91% | 10.16% | 7.48% | -15.9% | -4.69% | -4.03% | -2.4% | -2.36% | -7.7% | -2.64% | 0.84% |
| EBITDA Growth % | 95.73% | 88.06% | 181.75% | -141.71% | -12.39% | -102.26% | -42.11% | 53.36% | -277.62% | -423.83% | - |
| D&A (Non-Cash Add-back) | 3.38M | 3.81M | 5.67M | 6.2M | 5.85M | 5.07M | 3.35M | 2.19M | 1.34M | 1.36M | 1.44M |
| EBIT | 76M | 61.82M | 31.75M | -28.56M | -28.92M | -20.86M | -9.42M | -6.82M | -13.91M | -4.69M | -409K |
| Net Interest Income | 3.83M | 3.57M | 2.08M | 1.25M | 349K | 37K | 189K | 669K | 121K | -382K | -506K |
| Interest Income | 3.83M | 3.57M | 2.08M | 1.25M | 349K | 37K | 189K | 669K | 320K | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 199K | 382K | 506K |
| Other Income/Expense | -4.47M | -4.75M | 2.26M | 1.26M | 372K | -20K | 480K | 932K | 121K | -382K | -506K |
| Pretax Income | 77.51M | 61.82M | 34.01M | -50.71M | -24.42M | -21.94M | -11.2M | -7.12M | -13.79M | -5.07M | -915K |
| Pretax Margin % | 10.81% | 8.93% | 6.8% | -17.61% | -6.04% | -5.24% | -3.23% | -2.86% | -8.44% | -4.02% | -0.75% |
| Income Tax | -32.48M | -37.49M | 1.84M | 577K | 0 | -2.51M | 0 | 0 | 0 | 0 | 18K |
| Effective Tax Rate % | -41.9% | -60.64% | 5.41% | -1.14% | 0% | 11.44% | 0% | 0% | 0% | 0% | -1.97% |
| Net Income | 109.99M | 99.31M | 32.17M | -51.29M | -24.42M | -19.43M | -11.2M | -7.12M | -13.79M | -5.07M | -933K |
| Net Margin % | 15.35% | 14.34% | 6.43% | -17.81% | -6.04% | -4.64% | -3.23% | -2.86% | -8.44% | -4.02% | -0.76% |
| Net Income Growth % | 187.55% | 208.72% | 162.72% | -110.05% | -25.64% | -73.49% | -57.4% | 48.39% | -171.96% | -443.52% | - |
| Net Income (Continuing) | 109.99M | 99.31M | 32.17M | -51.29M | -24.42M | -19.43M | -11.2M | -7.12M | -13.79M | -5.07M | -933K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.98 | 2.63 | 0.88 | -1.54 | -0.77 | -0.67 | -0.41 | -0.28 | -0.81 | -0.24 | -0.04 |
| EPS Growth % | 187.25% | 198.86% | 157.14% | -100% | -14.93% | -63.41% | -46.43% | 65.43% | -237.5% | -451.72% | - |
| EPS (Basic) | - | 2.75 | 0.92 | -1.54 | -0.77 | -0.67 | -0.41 | -0.28 | -0.81 | -0.24 | -0.04 |
| Diluted Shares Outstanding | 36.94M | 37.75M | 36.65M | 33.35M | 31.61M | 29.09M | 27.33M | 25.76M | 16.92M | 21.44M | 21.44M |
| Basic Shares Outstanding | 35.95M | 36.14M | 35.01M | 33.35M | 31.61M | 29.09M | 27.33M | 25.76M | 16.92M | 21.44M | 21.44M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - |
Regulatory TCPA compliance exposure
According to recent financial filings, EverQuote achieved a 38.45% year-over-year revenue growth trajectory, signaling a robust recovery in carrier advertising budgets as the insurance underwriting cycle normalizes and demand for high-intent consumer leads accelerates across the company's primary auto insurance and diversified product segments.
The revenue expansion appears to be a direct function of the insurance carrier cycle, where improved loss ratios have prompted a return to aggressive marketing spend. Investors should monitor whether this growth is sustainable or merely a cyclical recovery that could plateau once carrier acquisition targets are met.
As reported in quarterly statements, EverQuote has successfully scaled operating income from a loss of $6.8 million in 2023Q4 to $23.4 million in 2026Q1, demonstrating that the platform's fixed cost base is becoming increasingly efficient as top-line revenue growth outpaces the growth in operating expenses.
The improvement in operating margins from negative territory to 12.3% suggests that the company is beginning to realize the benefits of its scalable marketplace model. However, the reliance on high-variable marketing costs means that operating leverage remains sensitive to fluctuations in traffic acquisition pricing.
Based on the company's reported figures, the structural reliance on traffic acquisition costs remains the primary determinant of profitability, as evidenced by the persistent gap between the 97.8% gross margin and the significantly lower 12.3% operating margin observed in the most recent fiscal quarter.
While the headline gross margin appears exceptionally high, it masks the reality that the company's true cost of goods sold is embedded within its marketing spend. Management's ability to maintain these margins depends on their capacity to optimize traffic acquisition costs without sacrificing the volume of high-intent leads.
Data from recent regulatory disclosures suggests that potential shifts in Telephone Consumer Protection Act rulings could fundamentally alter the company's lead distribution model, posing a significant risk to the sustainability of current monetization levels and the long-term viability of the existing multi-agent lead referral framework.
Short-term margin expansion may be vulnerable to regulatory headwinds that could restrict the ability to sell leads to multiple parties. Investors should investigate whether the current profitability is a result of operational efficiency or a temporary environment that may be disrupted by stricter consumer consent requirements.
Quick answers to the most common questions about buying EVER stock.
For fiscal year 2025, EverQuote, Inc. (EVER) reported total revenue of $692.5M. This represents a 464.0% increase compared to $122.8M in 2016.
EverQuote, Inc. (EVER) is profitable, generating $99.3M in net income for the fiscal year ending 2025 with a net profit margin of 14.3%.
EverQuote, Inc. (EVER) reported an operating income of $66.6M, resulting in an operating profit margin of 9.6%. This margin reflects the operational efficiency of the business before interest and taxes.
EverQuote, Inc. (EVER) generated $673.1M in gross profit for the year, representing a gross profit margin of 97.2%. This demonstrates the company's core pricing power and production efficiency.