NASDAQ$EVER

EverQuote Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

EverQuote's second quarter performance in 2022 exceeded guidance, delivering $101.9 million in revenue and a variable marketing margin of $33.1 million.

EverQuote's Q2 2022 financial results exceeded expectations, with revenue reaching $101.9 million and a Variable Marketing Margin of $33.1 million. The company effectively adapted to market changes, adjusting its cost structure and bidding strategy. DTCA operations performed well, contributing 13% of total revenue.

  • Total revenue was $101.9 million, a decrease of 3% year-over-year.
  • Automotive insurance vertical revenue was $81.4 million, a decrease of 6% year-over-year.
  • Revenue from other insurance verticals increased 10% to $20.5 million year-over-year.
  • Variable Marketing Margin was $33.1 million, an increase of 1% year-over-year.

Headline financials

Total Revenue

$102M

Previous: $105M-3.0%
EPS (adj)

-$0.12

Previous: -$0.07-71.4%
Free Cash Flow

-$3.76M

Previous: -$1.88M-99.7%
Net Income

-$3.76M

Previous: -$1.88M-99.7%
Operating Income

-$3.82M

Previous: -$1.88M-103.7%
Gross Profit

$95.9M

Previous: $99.3M-3.4%
Cash & Equivalents

$41.3M

Previous: $54.5M-24.3%
Total Assets

$161M

Previous: $139M+16.0%
Stock-Based Comp

$7.6M

Previous: $7.09M+7.2%

Revenue & EPS history

EverQuote · Revenue · Quarterly

$102M

Q2 2022-3%vs Q2 2021
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

EverQuote · $102M total across 2 segments · Q2 2022

  • Automotive
    $81.4M-5.8%
  • Other
    $20.5M+9.8%

Forward guidance

EverQuote anticipates for Q3 2022 revenue of $90 - $95 million, variable marketing margin of $24 - $27 million, and Adjusted EBITDA of ($6) - ($3) million.

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 2022

Historical avgQ2 2022

+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

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