EverQuote Announces Third Quarter 2026 Financial Results
Key Highlights
- ➤Q3 revenue $218.1 million, up 25% year-over-year
- ➤Adjusted EBITDA $35.5 million, up 41% year-over-year
- ➤Q4 revenue outlook $213.0 – $223.0 million
- ➤Q4 Adjusted EBITDA outlook $29.0 – $32.0 million
- ➤Board approves $50 million share repurchase program
Expert Statements
Jayme Mendal, Chief Executive Officer of EverQuote
“We are generating record results across our key financial metrics as we successfully grow and deepen our relationships with our carrier and agent customers. Carriers continue to maintain strong underwriting profitability and an appetite for growth, and our team is executing seamlessly to meet this demand. As we build on our strong foundation to accelerate new product innovation and development, we believe EverQuote is uniquely positioned to help steward P&C insurance into the agentic AI era.”
Joseph Sanborn, Chief Financial Officer and Chief Administrative Officer of EverQuote
“We reported a record third quarter, delivering revenue growth of 25% year-over-year, highlighting the strength of our market position as a trusted growth partner for our customers. We are focused on accelerating product innovation and unlocking new possibilities to capitalize on the opportunities ahead. Our continued strong growth and execution are enabling us to invest in AI initiatives, while simultaneously generating strong cash flow, maintaining a fortress balance sheet and returning capital to shareholders.”
* Grows revenue 25% year-over-year to $218.1 million * Delivers net income of $18.2 million and grows Adjusted EBITDA 41% year-over-year * Exceeds Q3 guidance and delivers record results on all key metrics * Issues strong Q4 outlook indicating ongoing positive momentum and demand CAMBRIDGE, Mass., Nov. 02, 2026 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading provider of growth solutions for property and casualty, or P&C, insurance providers, today announced financial results for the third quarter ended September 30, 2026.
“We are generating record results across our key financial metrics as we successfully grow and deepen our relationships with our carrier and agent customers,” said Jayme Mendal, Chief Executive Officer of EverQuote. “Carriers continue to maintain strong underwriting profitability and an appetite for growth, and our team is executing seamlessly to meet this demand. As we build on our strong foundation to accelerate new product innovation and development, we believe EverQuote is uniquely positioned to help steward P&C insurance into the agentic AI era.”
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