Recent Updates — EVER

On October 21, 2026, EverQuote's Board of Directors authorized a new share repurchase program allowing the company to buy back up to $50 million of its Class A common stock. The authorization coincides with the execution of a Second Amendment to the Company's Credit Agreement with Western Alliance Bank, which explicitly permits the repurchase of shares in an aggregate amount of up to $75 million and allows for certain investments up to $15 million, provided no default exists. Repurchases may be conducted through open market purchases or privately negotiated transactions at the discretion of management, subject to market conditions and liquidity needs. EverQuote operates as a leading AI-powered growth solutions partner for regulated property and casualty insurance entities.

EverQuote reported second quarter 2026 financial results with revenue growing 25% year-over-year to $195.1 million. The company delivered net income of $19.2 million and a record Adjusted EBITDA of $30.1 million, representing 37% growth. Automotive insurance revenue reached $172.1 million while home and renters insurance revenue grew 35% to $23.0 million. The company ended the quarter with $192.3 million in cash and no debt, having repurchased approximately $9.1 million of common stock during the period. Management provided a third quarter outlook projecting revenue between $198.0 million and $208.0 million and Adjusted EBITDA between $28.0 million and $31.0 million. EverQuote operates in the property and casualty insurance technology sector, providing AI-powered digital customer acquisition solutions for insurers.