QuinStreet Posts Record Quarterly Revenue of $416.7 Million, Raises 2027 Outlook
Key Facts
QuinStreet reported record results on November 4, 2026, for the first fiscal quarter ended September 30, with revenue of $416.7 million, up 46% year over year. The company said adjusted EBITDA reached $42.7 million, up 108% from the year-earlier period. Results showed net income under generally accepted accounting principles of $17.0 million, or $0.29 per diluted share, while adjusted net income was $29.2 million, or $0.50 per diluted share. The company raised its fiscal 2027 outlook following the quarterly performance, setting higher ranges for revenue and adjusted operating earnings than before. The results represent simultaneous expansion in sales and profitability, with financial and home services contributing to record revenue.
By revenue source, the financial services segment generated $270.956 million in the quarter ended September 30, 2026, compared with $207.475 million in the same period of 2025. Home services recorded $145.696 million, versus $78.378 million a year earlier, reflecting the platform’s broader contribution to the overall business. CEO Doug Valenti said demand from auto insurers remained strong and broadened, while momentum continued across the home services platform, including HomeBuddy. Valenti described demand as showing “continued strength and broadening in demand from auto insurers,” adding that “strong momentum also continued across the home services platform.” The comments place growth in both segments at the center of the company’s explanation for the results, without attributing the increase to a single factor or to a beat against analyst estimates.
GAAP net income rose to $17.020 million in the three months ended September 30, 2026, from $4.535 million in the year-earlier period. Adjusted EBITDA was $42.671 million, compared with $20.523 million a year earlier, consistent with the 108% annual growth the company reported. QuinStreet also generated $23.3 million in operating cash flow during the quarter and ended it with $141.5 million in cash and cash equivalents as of September 30. The company presents this adjusted measure as a supplement to its GAAP results and says it is a non-GAAP measure. The accounting and cash-flow figures provide a parallel view alongside the adjusted profitability measures used in the company’s announcement.
QuinStreet raised its fiscal 2027 outlook to revenue of between $1.5 billion and $1.6 billion, and adjusted EBITDA of between $155 million and $165 million. It said the midpoint of the two ranges implies year-over-year growth of 20% in revenue and 42% in adjusted EBITDA. For the second fiscal quarter, it set revenue guidance of between $360 million and $380 million, and adjusted EBITDA of between $32 million and $33 million. At the midpoint of those ranges, the company expects year-over-year growth of 29% in revenue and 54% in adjusted EBITDA. The quarterly outlook follows first-quarter results, while the company cautioned that actual results may differ materially from its expectations and cited risks including its ability to maintain and increase customers’ marketing spending.
The company also discussed its use of artificial intelligence in its business. Valenti said it is working with clients, media partners, AI platforms and agents to integrate the technology into the digital marketing channel, and using it internally to improve productivity and impact. He added: “We are already applying AI across our business to improve productivity and impact, with notable results.” He said the company expects to play a role in AI channels by providing compliance, channel safety, marketing optimization and media efficiency. QuinStreet’s investor relations website listed its participation in the BMO Financials Conference on November 6, 2026, following its earnings conference call on November 4 at 5 p.m. Eastern Time. The event is the company’s next scheduled appearance after publishing its first-quarter results.