QuinStreet Q3 revenue rises on strong demand for auto insurance and home services

Quinstreet

07/05/2026 22:17

Overview

US performance marketplaces firm's fiscal Q3 revenue rose 28% yr/yr, beating analyst expectations

Adjusted EBITDA for fiscal Q3 set a record and beat analyst expectations

Company cites strong demand in auto insurance and home services, plus expanded AI use

Outlook

QuinStreet expects fiscal Q4 revenue between $350 mln and $370 mln

Company sees fiscal Q4 adjusted EBITDA of $37 mln to $43 mln

Company expects continued margin expansion in fiscal Q4

Result Drivers

AUTO INSURANCE DEMAND - Co said record auto insurance revenue was driven by strong carrier demand and high consumer shopping activity

HOME SERVICES GROWTH - Co said Home Services delivered a record quarter, supported by integration of HomeBuddy acquisition

AI TECHNOLOGY - Co said industry-leading AI optimization algorithms and expanded AI applications drove improvements in performance and productivity

Company press release: ID:nBw7xPPw7a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$346.14 mln
$336.21 mln (6 Analysts)
Q3 Net Income
$7.36 mln
Q3 Adjusted EBITDA
Beat
$29.60 mln
$29.29 mln (6 Analysts)
Q3 Gross Profit
$41.34 mln
Q3 Operating Income
$10.27 mln
Q3 Pretax Profit
$8.18 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "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 QuinStreet Inc is $19.25, about 47.8% above its May 6 closing price of $13.02

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)