EverQuote's Q2 revenue grows 34% but misses estimates

EverQuote

04/08/2025 21:20

Overview

EverQuote Q2 revenue grows 34% yr/yr to $156.6 mln but just misses analyst expectations

Adjusted EBITDA for Q2 beats consensus, reaching $22 mln, per LSEG data

Co announces $50 mln share repurchase program, reflecting confidence in financial trajectory

Outlook

EverQuote sees Q3 revenue of $163 mln to $169 mln

Company expects Q3 adjusted EBITDA of $22 mln to $24 mln

EverQuote anticipates Q3 variable marketing dollars of $47 mln to $50 mln

Result Drivers

REVENUE GROWTH - Revenue increased by 34% year-over-year to $156.6 mln, driven by strong execution and a stable market environment

MARKETING EXPENSES - Variable marketing dollars rose 25% year-over-year to $45.5 mln, supporting revenue growth

AI AND EFFICIENCY - EverQuote attributes its strong qtr to AI-driven efficiency applications and disciplined expense management

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$156.63 mln
$157.20 mln (8 Analysts)
Q2 Net Income
$14.70 mln
Q2 Adjusted EBITDA
Beat
$22 mln
$21.10 mln (8 Analysts)
Q2 Pretax Profit
$15.06 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy"

Wall Street's median 12-month price target for EverQuote Inc is $35.00, about 31.1% above its August 1 closing price of $24.10

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nGNX9WF54L

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)