EverQuote, Inc. (EVER) Earnings Call Transcripts
EverQuote, Inc.'s Latest Earnings Call - Q1 FY2026
In Q1 2026, EverQuote, Inc. reported a revenue of $190.9 million, reflecting a 15% year-over-year growth, and adjusted EBITDA of $29.3 million, up 30% year-over-year. The company exceeded its guidance across key metrics, signaling strong operational execution and a favorable market environment. Management maintained a positive outlook for Q2 2026, projecting revenue between $185 million and $195 million, indicating a growth rate of 21% year-over-year at the midpoint.
Reported metrics
| Metric | Value |
|---|---|
| Total Revenue | $190.9 million (beat) |
| Adjusted EBITDA | $29.3 million (beat) |
| GAAP Net Income | $18.7 million (beat) |
| Variable Marketing Dollars | $55.9 million (beat) |
| Variable Marketing Margin | 29.3% (positive) |
| Cash Balance | $178 million (positive) |
Guidance from management
Management maintained a favorable outlook for Q2 2026, projecting revenue between $185 million and $195 million and adjusted EBITDA between $28 million and $30 million, reflecting continued strong execution and market demand.
What management said
Thanks, Cory. So the carrier underwriting environment is healthy, and it seems to be healthy across the board now. We're seeing 80s combined ratios in auto. We're not seeing home at similar levels for multiple quarters now. And so, we're hearing from our customers a tone of growth orientation pretty much across the board. So we have the market back into growth mode. We have all the major carriers now live and partici...
And then I guess how might it impact carriers as we progress through the year? It's always hard to speculate. But what I would say is this, which is carriers have low combined ratios. So to the extent that cost of repair were to increase, they have a lot of ability to absorb higher costs and claims costs given that combined ratios are quite low and continue to be quite low. The other thing I would say is, if you thi...
What analysts pressed on
Analysts expressed concerns about the sustainability of growth in the second half of the year, questioning whether the strong performance in Q1 was indicative of a pull-forward effect. Additionally, there were inquiries regarding the impact of macroeconomic factors on carrier spending and consumer behavior.
Main topics on the call
- Strong Financial Performance — EverQuote delivered impressive results in Q1, with total revenue growing 15% year-over-year to $190.9 million. Adjusted EBITDA reached a record level of $29.3 million, representing a 15.4% margin, driven by operational e...
- AI Integration and Productivity Gains — Management emphasized the role of AI in enhancing productivity, stating, "In the 3 years from Q1 2023 to Q1 of 2026, we have increased revenue per employee by nearly 3x." The deployment of Agentic AI tools is expected to...
- Guidance for Q2 2026 — EverQuote provided guidance for Q2 2026, expecting revenue between $185 million and $195 million, which translates to a 21% year-over-year growth at the midpoint. Adjusted EBITDA is projected to be between $28 million an...
- Share Repurchase Program — The company repurchased approximately $19.9 million of shares under its buyback program, reflecting a commitment to returning value to shareholders. Management noted, "We see that as another way to bring value back to sh...
Read the full EverQuote, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About EverQuote, Inc.
EverQuote, Inc. (EVER) is a publicly listed company in the Interactive Media and Services industry, within the Communication Services sector. It trades on NasdaqGM and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 43 calls on record spanning January 15, 2020 to August 3, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 43 EverQuote, Inc. earnings call transcripts on record, spanning January 15, 2020 to August 3, 2026. Based on this history, EverQuote, Inc. reports quarterly. The most recent call on file is dated August 3, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- EVER
- Exchange
- NasdaqGM
- Country
- US
- Sector
- Communication Services
- Industry
- Interactive Media and Services
- Calls on record
- 43
- First call
- January 15, 2020
- Most recent
- August 3, 2026
- Reporting cadence
- quarterly