EverQuote 2025 Q2 Earnings Record Net Income Surges 129.6%

EverQuote(EVER) reported its fiscal 2025 Q2 earnings on Aug 06th, 2025. The company significantly beat expectations with record net income and delivered robust revenue growth, driven by strong performance across its core insurance verticals. The company also announced an inaugural $50 million share repurchase program and raised guidance for the upcoming quarter.

Revenue
EverQuote reported total revenue of $156.63 million for 2025 Q2, representing a 33.7% year-over-year increase from $117.14 million in 2024 Q2. The automotive insurance vertical led the way with revenue of $139.58 million, up 36.0% year-over-year. The home and renters insurance vertical followed with revenue of $17.03 million, reflecting a 22.7% year-over-year increase. A minor contribution of $11,000 came from other segments, bringing total revenue to $156.63 million.

Earnings/Net Income
EverQuote’s net income surged 129.6% to $14.70 million in 2025 Q2 compared to $6.40 million in 2024 Q2. The company’s earnings per share (EPS) increased to $0.40, a 122.2% jump from $0.18 in the prior year. The company reached a record high for Q2 net income, marking its highest in nine years. This demonstrates strong profitability and improved financial performance.

Price Action
The stock price of EverQuote edged up 0.38% during the latest trading day but declined 2.10% for the most recent full trading week and 3.14% month-to-date, reflecting mixed investor sentiment in the short term.

Post Earnings Price Action Review
The strategy of buying EverQuote after it beats earnings and holding for 30 days has demonstrated compelling backtested returns. Over the past 10 years, this approach has delivered an average annual return of 25.5%. Earnings beats have historically led to positive price appreciation, with an average return of 3.2% on the day of the earnings report. While the average return slightly decreases to 23.5% over 30 days, the holding period allows for gain consolidation and reduced trading friction. The strategy faces moderate volatility, as indicated by an average true range (ATR) of 2.5%. Investors adopting this approach benefit from aligning fundamental events with a disciplined investment horizon, leveraging the correlation between strong earnings performance and favorable stock price movements.

CEO Commentary
EverQuote’s CEO emphasized that the company’s strong revenue growth, driven by increasing consumer engagement and expanded insurance provider partnerships, has positioned EverQuote for long-term success. The CEO noted that while maintaining profitability amid growth presents challenges, strategic investments in data science and platform enhancements remain a priority. EverQuote’s direct channel continues to serve as the primary revenue driver, with the team focused on delivering value to both consumers and insurance providers.

Guidance
EverQuote expects continued revenue growth and operational improvements in the upcoming quarter. The company plans to enhance gross margins through technology-driven efficiencies. While specific quantitative targets were not provided, EverQuote indicated it remains on track to exceed analyst expectations for both revenue and EPS.

Additional News
EverQuote announced an inaugural $50 million share repurchase program, signaling strong confidence in its financial position and growth trajectory. The company also reported a 34% year-over-year increase in revenue to $156.6 million and a 25% year-over-year rise in variable marketing dollars to $45.5 million. EverQuote’s record net income of $14.7 million and adjusted EBITDA of $22.0 million highlight its improved profitability and operating efficiency. The company ended the quarter with $148.2 million in cash and cash equivalents, a 19% sequential increase from the end of Q1. EverQuote’s leadership expressed optimism about its market positioning and its ability to serve as a leading growth partner for P&C insurance providers.