EverQuote posts record Q3 revenue, launches AI‑native platform and expands share buyback
EverQuote reported Q3 2026 revenue of $218.1 million, up roughly 25% year‑over‑year, and GAAP earnings of $0.49 per share. Net income was $18.2 million and adjusted EBITDA rose 41% to $35.5 million. The board authorized a $50 million share repurchase program and the company unveiled Luva, an AI‑native insurance‑shopping platform, while projecting Q4 revenue of $213 million‑$223 million.
Why it matters
The strong top‑line growth and expanded buyback signal continued cash generation, which may support future dividend or further repurchases. The raised Q4 revenue outlook above consensus could lift analyst expectations and affect the stock price.
Key facts
- 1Q3 2026 revenue was $218.1 million, up 25.4% year‑over‑year. finance.yahoo.com
- 2GAAP earnings per share were $0.49. finance.yahoo.com
- 3GAAP net income was $18.2 million. tradingview.com
- 4Adjusted EBITDA grew 41% year‑over‑year to $35.5 million. finance.yahoo.com
- 5The board authorized a $50 million share repurchase program. tradingview.com
- 6Home insurance vertical revenue grew 70% year‑over‑year to $27.7 million. finance.yahoo.com
Open questions
- Materials report different YoY revenue growth percentages: 25% versus 25.4% versus 24%.
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.