EverQuote vs SelectQuote

10-Q Financial Filing Analysis for EverQuote (2026-08-04)

EverQuote, Inc. reported solid financial results for the second quarter ended June 30, 2026, with total revenue rising 24.6% year-over-year to $195.1 million, driven by strong auto carrier demand and referral spend. Operating income reached $23.5 million compared to $14.2 million in Q2 2025, and net income increased to $19.2 million ($0.53 diluted EPS). Adjusted EBITDA expanded 37.1% year-over-year to $30.1 million, while Variable Marketing Margin (VMM) remained healthy at 29.2%. During the quarter, EverQuote completed its $50.0 million share repurchase program, repurchasing an additional 578,322 shares of Class A common stock for $9.1 million. The company's liquidity remains strong, with $192.3 million in cash and cash equivalents and zero debt outstanding under its $60.0 million revolving credit facility. The performance reflects continuing recovery and operational leverage in property and casualty direct distribution channels.

• Q2 2026 total revenue increased 24.6% YoY to $195.1 million, with Automotive vertical revenue up 23.3% to $172.1 million and Home & Renters revenue up 35.2% to $23.0 million.
• Net income for the quarter reached $19.2 million ($0.53 diluted EPS), with Adjusted EBITDA growing 37.1% to $30.1 million and cash flow from operations generating $53.9 million for the first half of 2026.
• Completed the board-authorized $50.0 million share repurchase program, repurchasing 578,322 shares for $9.1 million in Q2 2026, while ending the quarter with $192.3 million in cash and cash equivalents.

Investor Presentation Released: EverQuote

AI parsed presentation narrative: Management is actively engaging with investors across multiple industry-focused conferences to highlight EverQuote's role as a leading AI-powered growth partner for the P&C insurance industry. The company aims to demonstrate how its proprietary data assets and AI traffic engine drive customer acquisition for carriers and agents. Key tailwinds mentioned: AI-Powered Customer Acquisition, Digital Transformation in P&C Insurance.

10-K Financial Filing Analysis for SelectQuote (2026-08-25)

SelectQuote, Inc. reported its annual financial results and business overview in its Form 10-K for the fiscal year ended June 30, 2026. The company operates a technology-driven, direct-to-consumer distribution platform for insurance policies and healthcare services, leveraging proprietary AI/ML algorithms to optimize lead acquisition and customer lifetime value (LTV). During fiscal 2026, SelectQuote accelerated strategic investments in operational AI—including contact center conversational voice systems—while intentionally expanding its Healthcare Services division (anchored by SelectRx pharmacy operations and SelectPatient Management) and de-emphasizing its Auto & Home distribution business. Top carrier partners UnitedHealthcare, Humana, and Aetna represented a combined 64% of consolidated revenues. The company also disclosed active corporate initiatives including an NYSE minimum share price deficiency notice received in March 2026, for which it is seeking shareholder approval to implement a reverse stock split, and ongoing legal defense regarding a federal False Claims Act qui tam matter.

• SelectQuote's top three carrier partners (UnitedHealthcare at 39%, Humana at 13%, and Aetna at 12%) generated 64% of total consolidated revenue in fiscal year 2026.
• For the fiscal year ended June 30, 2026, the company sold over 635,000 Senior segment policies (89% Medicare Advantage) and generated more than $200 million in new premiums across its Life and Auto & Home segments.
• SelectRx grew its active patient base to over 109,000 members as of June 30, 2026, backed by fulfillment expansion at its Olathe, Kansas facility.