NASDAQ$EVER

EverQuote Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported a strong second quarter with revenue increasing and Variable Marketing Margin improving year-over-year.

EverQuote announced a strong second quarter 2021, marked by a 34% increase in total revenue to $105.1 million and a 40% increase in Variable Marketing Margin. The company also reported an increase in Adjusted EBITDA and the acquisition of PolicyFuel, extending its DTC agency strategy.

  • Total revenue increased by 34% year-over-year to $105.1 million.
  • Variable Marketing Margin increased by 40% year-over-year to $32.8 million.
  • GAAP net loss decreased to $1.9 million.
  • Adjusted EBITDA increased to $6.6 million.

Headline financials

Total Revenue

$105M

Previous: $78.3M+34.2%
EPS (adj)

-$0.07

Previous: -$0.10+30.0%
Free Cash Flow

-$1.88M

Previous: -$2.81M+33.0%
Net Income

-$1.88M

Previous: -$2.81M+33.0%
Operating Income

-$1.88M

Previous: -$2.96M+36.5%
Gross Profit

$99.3M

Previous: $73.3M+35.4%
Cash & Equivalents

$54.5M

Previous: $54.4M+0.2%
Total Assets

$139M

Previous: $101M+37.7%
Stock-Based Comp

$7.09M

Previous: $6.25M+13.4%

Revenue & EPS history

EverQuote · Revenue · Quarterly

$105M

Q2 2021+34.2%vs Q2 2020
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Revenue by segment

EverQuote · $105M total across 2 segments · Q2 2021

  • Automotive
    $86.4M
  • Other
    $18.7M

Forward guidance

EverQuote anticipates Revenue, Variable Marketing Margin and Adjusted EBITDA to be in the following ranges for the third quarter of 2021: Revenue of $109 - $111 million, Variable Marketing Margin of $33 - $34 million, and Adjusted EBITDA in the range of $4.5 - 5.5 million.

Tailwinds

  • Revenue of $109 - $111 million, a year-over-year increase of 22% at the mid-point.
  • Variable Marketing Margin of $33 - $34 million, a year-over-year increase of 14% at the mid-point.

Headwinds

  • Adjusted EBITDA in the range of $4.5 - 5.5 million, a year-over-year a decrease of 4% at the mid-point.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+3.6%

Avg return

Earnings day

+4.7%

Avg return

5 days after

+5.4%

Avg return

30 days after

61%

19 / 31 earnings

Positive

+63.0%

Q1 2026

Best reaction

-46.7%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+63.0%+40.3%
Q4 2025+1.2%+3.1%+3.8%
Q3 2025+8.3%+13.5%+23.9%
Q1 2025-12.0%-11.9%-6.6%
Q4 2024+27.1%+33.4%+39.4%
Q3 2024+4.6%+7.0%+7.4%
Q2 2024+7.9%-12.0%-10.5%
Q1 2024+16.3%+4.8%+6.7%
Q4 2023+5.4%-2.6%+12.1%
Q3 2023+10.4%+4.1%+29.1%
Q2 2023-17.5%-11.7%-10.7%
Q1 2023+3.3%+7.0%+32.0%
Q4 2022-20.1%-17.1%-21.8%
Q3 2022+0.7%+30.0%+77.3%
Q2 2022-6.9%+9.9%-17.2%
Q1 2022-12.4%-10.7%-36.2%
Q4 2021-5.0%-1.0%-9.6%
Q3 2021-8.6%-4.5%-8.6%
Q2 2021-16.7%-20.5%-35.2%
Q1 2021-1.5%-5.9%-5.7%
Q4 2020+3.3%+1.7%-27.2%
Q3 2020+10.1%+18.7%+9.6%
Q2 2020-25.6%-23.6%-31.5%
Q1 2020+27.4%+32.4%+53.0%
Q4 2019-14.2%-12.9%-37.8%
Q3 2019+28.4%+40.6%+70.9%
Q2 2019+40.7%+43.2%+60.1%
Q1 2019+17.4%+20.9%+30.3%
Q4 2018+19.3%+24.7%+28.9%
Q3 2018-46.7%-56.4%-52.6%
Q2 2018+4.8%+2.6%-12.5%
Q4 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro