EverQuote Announces Third Quarter 2025 Financial Results

Core Insights - EverQuote, Inc. reported record financial performance in Q3 2025, achieving a 20% year-over-year revenue growth and a 63% increase in net income, driven by technological innovations and AI integration [2][6][19]. Financial Performance - Total revenue for Q3 2025 reached $173.9 million, a 20% increase from $144.5 million in Q3 2024 [6][19]. - Net income rose to $18.9 million, up 63% from $11.6 million in the same quarter last year [6][19]. - Adjusted EBITDA increased by 33% to $25.1 million, with an adjusted EBITDA margin of 14.4% [6][19]. - The automotive insurance vertical generated $157.6 million, reflecting a 21% increase, while home and renters insurance revenue grew by 15% to $16.3 million [6][19]. Shareholder Actions - The company executed a share buyback program, repurchasing $21 million worth of shares, which demonstrates confidence in its long-term growth potential [2][6]. Cash Position - As of September 30, 2025, EverQuote had $145.8 million in cash and cash equivalents, indicating a strong liquidity position [6][14]. Future Outlook - The company anticipates Q4 2025 revenue to be between $174.0 million and $180.0 million, maintaining a 20% year-over-year growth rate at the midpoint [6].