EverQuote to Report Third-Quarter Results Today After Revenue Grew 25% in Previous Quarter
Key Facts
EverQuote is scheduled to report its third-quarter 2026 results after the market closes on Nov. 2, according to a company statement. Management said it would hold a conference call the same day at 4:30 p.m. Eastern Time to discuss the results, recent developments and business outlook. The announcement and call timing remain the main details the company has confirmed about the quarter, while no actual results attributable to it are available in the information published here. The company had set a revenue outlook range of $198 million to $208 million for the quarter. It also expected adjusted EBITDA of $28 million to $31 million, according to its previous guidance.
The company enters the quarter after reporting revenue of $195.1 million in the second quarter of 2026, up 25% year over year, while net income was $19.2 million, according to its published results. Adjusted EBITDA rose to $30.1 million, up 37% from $22.0 million in the second quarter of 2025. The performance puts the new results in the context of annual growth in revenue and adjusted profitability in the previous quarter. But comparison with the third-quarter outlook will depend on the figures the company reports later. EverQuote said adjusted EBITDA is a non-GAAP measure. It also said it had not reconciled its adjusted EBITDA outlook to net income under generally accepted accounting principles because some items could not be estimated without unreasonable effort.
In the breakdown of previous revenue, the auto insurance segment generated $172.1 million in the second quarter, up 23% year over year. The homeowners and renters insurance segment recorded $23.0 million, up 35% year over year, according to the company's earnings statement. The figures show growth in both segments during the period, with homeowners and renters posting the higher growth rate. EverQuote describes itself as an AI-powered growth solutions partner for property and casualty insurers. It says it helps insurers and agents acquire customers through digital channels, the business in which its reported revenue segments operate.
In the third quarter of 2025, revenue was $173.9 million, up 20% year over year, while net income climbed 63% to $18.9 million. Adjusted EBITDA rose 33% to $25.1 million, according to the company's results for that period. These figures provide a basis for year-over-year comparison when the third-quarter 2026 results are released, alongside the outlook range the company previously announced. On Oct. 21, 2026, EverQuote announced a new share repurchase authorization of up to $50.0 million. The chief financial officer said cash generation allows the company to invest in growth and AI innovation and return capital to shareholders. The company said the authorization does not obligate it to repurchase any shares and that it may suspend or end the program at any time.
Chief Executive Jamie Mendel said in the second-quarter earnings statement that the company looked forward in the second half of the year to expanding its market opportunities through new solutions that draw on data, intelligence and AI. Chief Financial Officer Joseph Sanborn also said business momentum strengthened the company's confidence in its previously announced path to reach $1 billion in annual revenue, without setting a new time frame for that goal. Management is scheduled to discuss the results, recent developments and business outlook on a conference call on Nov. 2 at 4:30 p.m. Eastern Time.