QuinStreet FY2026: Revenue Climbs 18% to $1.29B, Net Income Swings to $81M on Tax Benefit
QNST sits 99% above its 52-week low of $10.285.
Summary
QuinStreet reported FY2026 revenue of $1.29 billion, up 18%, with net income of $81.2 million boosted by a $60.7 million one-time tax benefit. The HomeBuddy acquisition drove home services growth.
Key Events · Earnings and Guidance · QNST
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FY2026 Revenue Up 18%
Net revenue reached $1.294 billion, up from $1.094 billion in FY2025. Home services grew 47% to $405.4 million, while financial services rose 9% to $888.4 million.
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Net Income Swings to $81.2M
Net income was $81.2 million versus $4.7 million prior year, driven by a $60.7 million one-time non-cash tax benefit from releasing a valuation allowance.
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HomeBuddy Acquisition Completed
Acquired January 2, 2026 for $179.7 million total consideration ($114.8M cash plus $75M in post-closing payments). Contributed $88.9 million in revenue and $3.7 million in net income.
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New $150M Credit Facility
Entered into a $150 million revolving credit facility with MUFG Bank, drawing $70 million to partially fund the HomeBuddy acquisition. Maturity January 2, 2031.
Analysis · QNST · Trade & Services
QuinStreet delivered a strong fiscal 2026, with net revenue up 18% to $1.29 billion and net income of $81.2 million—a dramatic swing from $4.7 million the prior year. The bottom line was heavily boosted by a one-time $60.7 million non-cash tax benefit from releasing a valuation allowance, which signals management now expects sustained profitability. The HomeBuddy acquisition, completed in January 2026, contributed $88.9 million in revenue and drove the home services vertical up 47%. Against that backdrop, the company also drew $70 million on a new $150 million credit facility to fund the deal and repurchased $31.4 million of stock. The core business is growing, but the headline net income figure overstates operating momentum because of the tax benefit.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 29.9% of the 1988 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, QNST was trading at $20.46 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $1.2B. The 52-week trading range was $10.29 to $22.29. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.