EverQuote Q1 Revenue Jumps 15%, Beats Estimates on Strong Home & Renters Insurance Sales
EVER sits 25% above its 52-week low of $13.88 on elevated volume (1.9× avg).
Summary
EverQuote reported strong first-quarter 2026 results, with revenue growing 15% year-over-year to $190.85 million, significantly beating analyst estimates of $180.15 million. Adjusted EBITDA also surpassed expectations, rising 30% year-over-year to $29.30 million against a $25.10 million consensus. This robust performance was driven by a 33% increase in home and renters insurance revenue and a 13% rise in automotive insurance. The company also provided optimistic Q2 guidance, projecting revenue of $185 million to $195 million and adjusted EBITDA of $28 million to $30 million, both indicating substantial year-over-year growth. Additionally, EverQuote repurchased 1.1 million shares for $19.9 million during the quarter, executing on its existing capital return program. This strong earnings beat and positive outlook suggest continued operational momentum and could lead to positive stock price movement, reinforcing the company's financial health as noted in its last 10-K.
At the time of this announcement, EVER was trading at $17.30 on NASDAQ in the Technology sector, with a market capitalization of approximately $516.8M. The 52-week trading range was $13.88 to $28.73. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.