EverQuote management commentary attributes Q3 2026 revenue growth of 25% to strong carrier demand
EVER•EverQuote reported third-quarter 2026 revenue of $218.1 million, up 25% and exceeding guidance. Adjusted EBITDA rose 41% to $35.5 million, while net income fell to $18.2 million.
1. Revenue and profitability
Management attributed the 25% revenue growth to strong carrier underwriting profitability and appetite for expansion, with eight of EverQuote’s top 10 carriers growing sequentially. Home insurance revenue rose 70% to $27.7 million. Adjusted EBITDA increased 41% to $35.5 million, with management citing AI-driven productivity gains and broader adoption of AI bidding tools. Net income fell to $18.2 million, primarily reflecting a $7.3 million increase in income taxes and a $4 million vendor-contract termination fee.
