Core Insights - EverQuote (EVER) reported a third-quarter 2025 operating net income per share of 50 cents, exceeding the Zacks Consensus Estimate by 35.1%, with a year-over-year increase of 6.1% [1][8] - Total revenues reached $174 million, surpassing the Zacks Consensus Estimate by 4.6%, and reflecting a 20% year-over-year growth [1][8] Revenue Breakdown - Revenues from the Automotive insurance vertical increased by 21% year over year to $157.6 million, exceeding the Zacks Consensus Estimate of $150 million [3] - Home and Renters insurance revenues totaled $16.3 million, marking a 15% year-over-year increase, slightly below the Zacks Consensus Estimate of $16.7 million [3] - Revenues in the Other insurance vertical fell dramatically by 97.7% year over year to $0.01 million, missing the Zacks Consensus Estimate of $0.1 million [4] Expense and Profitability Analysis - Total costs and operating expenses rose by 17.7% to $142.5 million, driven by increased sales and marketing, research and development, and general and administrative expenses [4] - Adjusted EBITDA was reported at $25.1 million, a 33% year-over-year increase, with an adjusted EBITDA margin expanding to 14.4% [5][8] Financial Position - EverQuote ended the third quarter with cash and cash equivalents of $145.8 million, a 42.7% increase from the end of 2024 [6] - Total assets grew by 14.6% to $256.1 million, while total stockholders' equity increased by 29.2% to $174.9 million [6] Future Guidance - For the fourth quarter, EverQuote estimates revenues between $169 million and $174 million, indicating a 20% year-over-year growth at the midpoint [7] - The company expects variable marketing dollars to be in the range of $46 million to $48 million, representing a 7% year-over-year growth at the midpoint [7] - Adjusted EBITDA is projected to be between $21 million and $23 million, reflecting a 16% year-over-year growth at the midpoint [7]

Core Insights - EverQuote (EVER) reported a first-quarter 2025 operating net income per share of 38 cents, exceeding the Zacks Consensus Estimate by 17.8% and showing a year-over-year increase of over sevenfold [1] - The first quarter marked the fourth consecutive quarter of record revenue and adjusted EBITDA performance, with improvements across all verticals [1] Revenue Performance - Revenues in the Automotive insurance vertical surged 97% year over year to $152.7 million, surpassing both the Zacks Consensus Estimate of $143 million and the internal estimate of $142.2 million [2] - Home and Renters insurance vertical revenues totaled $13.9 million, reflecting a 10% year-over-year increase, but fell short of the Zacks Consensus Estimate of $15.3 million [2] - Revenues in the Other insurance vertical plummeted 98.4% year over year to $13 million, significantly missing the Zacks Consensus Estimate of $24 million [3] - Total revenues reached $166.6 million, exceeding the Zacks Consensus Estimate by 5.4% and representing an 83% year-over-year increase [3] Cost and Margin Analysis - Total costs and operating expenses rose 77.6% to $158.6 million, driven by increased sales and marketing, cost of revenues, research and development, and general and administrative expenses [4] - EverQuote's variable marketing margin increased 52.3% year over year to $46.9 million, slightly above the Zacks Consensus Estimate of $45.4 million [4] - Adjusted EBITDA for the quarter was $22.5 million, marking a 196% year-over-year increase [5] Financial Position - At the end of the first quarter of 2025, EverQuote had cash and cash equivalents of $125 million, a 22% increase from the end of 2024 [6] - Total assets grew to $232.1 million, up 10.3% from the end of 2024, while total stockholders' equity increased 10.4% to $149.5 million [6] - Cash from operations was reported at $23.3 million, reflecting a 124% year-over-year increase [6] Future Guidance - For Q2 2025, EverQuote estimates revenues in the range of $155-$160 million and a variable marketing margin between $45-$47 million, with adjusted EBITDA expected to be between $20 million and $22 million [7] Market Position - EverQuote currently holds a Zacks Rank 1 (Strong Buy), indicating a favorable outlook in the market [8]