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EarningsQ2 2026 Earnings Report
EVER Q2 2026 EPS Results
Actual EPS$0.53
Consensus EPS$0.52
Beat/MissBeat by +<$0.01
One Year Ago EPS$0.39
EVER Q2 2026 Revenue Results
Actual Revenue$195.09M
Expected Revenue$191.06M
Beat/MissBeat by +$4.02M
YoY Revenue Growth+24.55%
Earnings Announcement Details
QuarterQ2 2026
Date08/03/2026
TimeAfter Close
Conference CallMonday, August 3, 2026
EVER Upcoming Earnings
EverQuote's next earnings date is estimated for November 9, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
EVER Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated strong operational momentum and robust financial results (notably double-digit revenue and high-teens to mid-30s percent EBITDA expansion), meaningful AI-driven product adoption and internal efficiency gains, and a healthy balance sheet with active capital return. Headwinds are limited to planned H2 operating expense investments for AI/product development, a lack of near-term revenue contribution from those new initiatives, and guidance that implies moderate deceleration in growth rates in the next quarter. Overall, positives substantially outweighed the manageable near-term investments and guidance moderation.Company Guidance
Record Revenue and EBITDA Growth
Total revenue grew 25% year-over-year to $195.1 million in Q2 2026; adjusted EBITDA rose 37% YoY to a record $30.1 million, representing a 15.4% adjusted EBITDA margin. GAAP net income increased to $19.2 million from $14.7 million (≈+30.6%). Operating cash flow was $24.3 million.
Strong Variable Marketing Performance
Variable marketing dollars (VMD) were $56.9 million, up 25% YoY, with variable marketing margin (VMM) at ~29.2% (high-20s operating point historically correlated with highest VMD).
Auto and Home Verticals Hitting Records
Auto revenue increased 23% YoY to $172.1 million. Home vertical revenue grew 35% YoY to a record $23 million (home now ~10-11% of revenue), with management highlighting continued upside in homeowners as carriers increase focus.
AI Product Adoption and Efficiency Gains
Smart Campaigns adoption scaled: seven of the top 10 carriers use it and revenue flowing through the product rose over 100% YoY. Agent-facing Smart Campaigns launched to a first cohort with early significant conversion improvements. Internal AI usage reportedly delivered a measured 25% engineering efficiency improvement and pervasive daily use across staff.
Strong Balance Sheet and Capital Deployment
Company ended the period debt-free with $192 million in cash and equivalents. Repurchased 578,000 shares (~$9 million) in Q2 and $50 million (2.5 million shares) repurchased in aggregate under the program; Board will revisit buyback authorization. Management also flagged disciplined M&A interest as an optional growth lever.
Confirmed Outlook and Path to $1 Billion
Q3 2026 guidance: revenue $198–208 million (midpoint ≈17% YoY), VMD $56–59 million (midpoint ≈15% YoY), adjusted EBITDA $28–31 million (midpoint ≈18% YoY). Management reaffirmed the previously stated path to $1 billion in annual revenue on the timeframe communicated earlier.
EVER Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed