EverQuote (EVER) financial statements
EverQuote reported revenue of $693M in fiscal 2025, up 23.7% a year over 8 years.
Net income was $99M and the operating margin 8.4%, against -3.7% in 2017.
Free cash flow was $90M, and the company returned $21M in net buybacks.
The diluted share count rose 330% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from EverQuote's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $126M | $163M | $249M | $347M | $419M | $404M | $288M | $500M | $693M |
| Cost of revenue | $8M | $12M | $16M | $21M | $24M | $24M | $22M | $21M | $19M |
| Gross profit | $118M | $152M | $233M | $326M | $395M | $380M | $265M | $479M | $673M |
| Research and development | $9M | $14M | $20M | $30M | $36M | $32M | $28M | $30M | $32M |
| Selling, general and admin | $114M | $151M | $220M | $305M | $380M | $377M | $266M | $418M | $575M |
| Operating income | -$5M | -$14M | -$8M | -$12M | -$22M | -$25M | -$52M | $32M | $58M |
| Interest expense | $382,000 | $199,000 | — | — | — | — | — | — | — |
| Pre-tax income | — | — | -$7M | -$11M | -$22M | -$24M | -$51M | $34M | $62M |
| Income tax | $0 | $0 | $0 | $0 | -$3M | — | $577,000 | $2M | -$37M |
| Net income | -$5M | -$14M | -$7M | -$11M | -$19M | -$24M | -$51M | $32M | $99M |
| EPS (diluted) | -$2.18 | -$3.03 | -$0.28 | -$0.41 | -$0.67 | -$0.77 | -$1.54 | $0.88 | $2.63 |
| Diluted shares | 9M | 17M | 26M | 27M | 29M | 32M | 33M | 37M | 38M |
| Gross margin | 93.9% | 92.9% | 93.6% | 93.8% | 94.3% | 94.1% | 92.2% | 95.8% | 97.2% |
| Operating margin | -3.7% | -8.5% | -3.2% | -3.4% | -5.2% | -6.1% | -18.1% | 6.3% | 8.4% |
| Net margin | -4.0% | -8.4% | -2.9% | -3.2% | -4.6% | -6.0% | -17.8% | 6.4% | 14.3% |
Balance sheet
Fiscal years, from EverQuote's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $2M | $42M | $46M | $43M | $35M | $31M | $38M | $102M | $171M |
| Receivables | $15M | $17M | $32M | $46M | $36M | $30M | $21M | $61M | $75M |
| Total current assets | $18M | $61M | $85M | $97M | $85M | $81M | $69M | $172M | $256M |
| Property, plant and equipment | $2M | $4M | $5M | $6M | $6M | $6M | $6M | $6M | $8M |
| Goodwill | — | — | — | $10M | $22M | $22M | $22M | $22M | $22M |
| Total assets | $21M | $66M | $91M | $129M | $144M | $157M | $111M | $211M | $327M |
| Total current liabilities | $15M | $21M | $38M | $47M | $47M | $45M | $30M | $73M | $87M |
| Long-term debt | $4M | — | — | — | — | — | — | — | — |
| Total liabilities | $20M | $23M | $39M | $58M | $58M | $49M | $30M | $75M | $89M |
| Shareholders' equity | -$51M | $43M | $52M | $71M | $85M | $107M | $81M | $135M | $238M |
| Net debt | $2M | -$42M | -$46M | -$43M | -$35M | -$31M | -$38M | -$102M | -$171M |
Cash flow
Fiscal years, from EverQuote's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$2M | -$2M | $4M | $11M | $7M | -$16M | -$3M | $67M | $95M |
| Capital spending | $1M | $4M | $3M | $4M | $3M | $4M | $4M | $4M | $5M |
| Free cash flow | -$3M | -$6M | $1M | $7M | $4M | -$20M | -$7M | $62M | $90M |
| Stock-based compensation | $2M | $7M | $13M | $24M | $30M | $29M | $24M | $21M | $24M |
| Share buybacks (net) | -$9M | — | — | — | — | — | — | — | -$21M |
| Free cash flow margin | -2.3% | -3.4% | 0.6% | 2.0% | 1.0% | -5.0% | -2.3% | 12.5% | 13.0% |
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What was EverQuote's revenue in 2025?
$693M in fiscal 2025, from its 10-K filing.
How much free cash flow does EverQuote generate?
$90M in fiscal 2025 (operating cash flow minus capital spending).
From EverQuote's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.