Slide 1: Investor Presentation May 2026
Investor Presentation May 2026 Exhibit 99.2
Slide 2: Safe Harbor
Safe Harbor This presentation contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this presentation,
Slide 3: Our Mission
We empower the largest Property & Casualty (P&C) insurance carriers and thousands of agents to grow market share by maximizing customer acquisition across digital channels. Our Mission
Slide 4: EverQuote Snapshot
Source: S&P CapIQ, 2025 Also referred to as 3rd party agent network Source: estimated using Company data as of December 31, 2025 EverQuote Snapshot Market leader serving a large, growing sector A trusted partner for Property and Casualty insurance providers seeking to grow policies in force Differen
Slide 5: Our TAM: Large and Growing
Our TAM: Large and Growing CURRENT GROWTH DRIVERS Increased carrier focus on growing policies in force Shift of advertising spend to online customer acquisition channels Consumer adoption of AI adds new sources of high-intent traffic $129B P&C Distribution and Advertising Spend Market(1) $8B P&C Dig
Slide 6: What we do: Drive High-Intent Consumers to P&C Insurers
ORIGINATION “Right-target, right-price bids for desired shoppers CONVERSION & DISTRIBUTION TARGETING & BIDDING What we do: Drive High-Intent Consumers to P&C Insurers Consumer history Location Demographics Insurance history Underwriting preferences Profitability targets State regulatory variations L
Slide 7: The Market We Serve: Regulated and Complex
Regulated Carrier and agent models are governed by regulations that vary greatly across each of the 50 states The Market We Serve: Regulated and Complex Opaque Major carriers invest heavily in their brand and seek to avoid “race to the bottom” transparent pricing models Targeted Carriers are highly
Slide 8: Our Tailwinds: Carriers are Focused on Growth as Combined Ratios Decline
Our Tailwinds: Carriers are Focused on Growth as Combined Ratios Decline “We have continued to leverage our scale in identifying new opportunities to refine where and how we invest our marketing spend to drive profitable growth”…“We’ll always try to grow as fast as we can at a 96% [combined ratio].”
Slide 9: Our AI Opportunity Today: Unlocking Value in our Marketplace
Marketplace Our AI Opportunity Today: Unlocking Value in our Marketplace Transforming online acquisition while preserving carriers’ rate opacity, brand integrity and underwriting preferences More traffic As LLMs become a new channel of high-intent buyers Higher conversion rates As personalization dr
Slide 10: Our Growth Strategy: Path to $1B+ of Annual Revenue
Our Growth Strategy: Path to $1B+ of Annual Revenue Proprietary data, applied AI, and consultative partnerships to optimize each step of the EverQuote funnel Bidding SmartCampaigns Deep Partnership Better Performing 1 Higher performance relative to other partners and channels yielding higher bids &
Slide 11: Summary: Why Invest
Summary: Why Invest Market leader serving a high-growth sector Deep, long-standing customer relationships Growing, profitable business model with strong cash generation Differentiated, proprietary data and AI AI opportunity for ongoing revenue growth and profit expansion
Slide 12: Q1 Summary and Financial Highlights
Q1 Summary and Financial Highlights
Slide 13: Q1 Summary
Grew revenue 15% year-over-year Increased net income to $18.7 million Drove 30% Adjusted EBITDA growth year-over-year Generated record operating cash flow of $29.6 million Exceeded guidance across all metrics Q1 Summary $191M Revenue $29.3M Adjusted EBITDA $178M Cash No Outstanding Debt See Appendix
Slide 14: Q1 2026 Results
Q1 2026 Results $m Q1 2025 Q1 2026 YoY Growth % Revenue $166.6 $190.9 15% Variable Marketing Dollars $46.9 $55.9 19% Adjusted EBITDA $22.5 $29.3 30% Adjusted EBITDA Margin % 13.5% 15.4% 1.9% pts. YoY Comparison Quarterly Revenue ($m) Quarterly Variable Marketing Dollars ($m) Quarterly Adjusted EBITD
Slide 15: Driving Growth and Expanding Profitability Since IPO
Driving Growth and Expanding Profitability Since IPO Revenue ($m) Variable Marketing Dollars ($m) Adjusted EBITDA ($m) Operating Cash Flow ($m) *Note: 2022 and 2023 were impacted by the auto insurance market downturn which began in the late summer of 2021. In June 2023 the Company also exited the he
Slide 16: investors.everquote.com
NASDAQ: EVER investors.everquote.com
Slide 17: Appendix
Appendix EVERQUOTE
Slide 18: Key Metrics Definitions
Key Metrics Definitions Variable Marketing Dollars & Margin We define variable marketing dollars, or VMD, as revenue, as reported in our consolidated statements of operations and comprehensive income (loss), less advertising costs (a component of sales and marketing expense, as reported in our conso
Slide 19: Reconciliation of Adjusted EBITDA
Reconciliation of Adjusted EBITDA - 12 Months Ended 12 Months Ended December 31, 2025 December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 Net Income (Loss) $99,311 $32,169 ($51,287) ($24,416) ($19,434) ($11,202) Stock-based compensation $24,299 $20,614 $22,808 $
Slide 20: Reconciliation of Adjusted EBITDA
Reconciliation of Adjusted EBITDA - 3 Months Ended 3 Months Ended March 31, 2026 December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 Net Income (Loss) $18,673 $57,755 $18,865 $14,701 $7,990 Stock-based compensation $5,141 $5,591 $6,728 $6,560 $5,420 Depreciation & amortization $785 $86