EverQuote Tops Q4 Estimates on Solid Automotive, Home Insurance Growth

Core Insights - EverQuote, Inc. (EVER) reported a fourth-quarter 2025 operating net income per share of $1.54, significantly exceeding the Zacks Consensus Estimate by 340% and increasing 366.7% from the prior-year period [1][8] - Total revenues rose 32.5% year over year to $195.3 million, surpassing the Zacks Consensus Estimate by 10.3% [1][8] Revenue Breakdown - Revenues in the Automotive insurance segment grew 32.3% year over year to $179.9 million, exceeding the Zacks Consensus Estimate of $164.1 million [5] - Revenues in the Home and Renters insurance segment increased 36.5% year over year to $15.4 million, surpassing the Zacks Consensus Estimate of $13 million [5] - Revenues in the Other insurance segment declined 96.9% year over year to $0.01 million [6] Expense and Profitability Metrics - Total costs and operating expenses rose 30.5% year over year to $176.7 million, primarily due to increased sales and marketing, research and development costs, and general and administrative expenses [6] - Adjusted EBITDA rose 32.5% year over year to $25.1 million, outpacing the estimate of $23 million, with an adjusted EBITDA margin of 12.8% for the quarter [7] Full-Year Performance - For the full year 2025, EverQuote reported a net income per share of $2.63, surging 198.9% year over year [9] - Total revenues for the year increased to $692.5 million, representing a 38.5% year-over-year growth [9] - Full-year adjusted EBITDA rose 62.5% year over year to $94.6 million [9] Cash and Share Repurchase - EverQuote exited 2025 with cash and cash equivalents of $171.4 million, up 67.8% from the end of 2024 [10] - The company introduced a $50 million share repurchase program, having bought back nearly $30 million worth of shares to date [11] Q1 2026 Guidance - EverQuote expects revenues for Q1 2026 to be in the range of $175-$185 million, with variable marketing dollars projected between $49.0 million and $52.0 million [12] - Adjusted EBITDA is anticipated to be in the range of $23.5-$26.5 million [12]