Everquote, Inc. · NASDAQ:EVER
Everquote — Q3 2026 Earnings Presentation
23 slides from Everquote's earnings presentation, Nov 2, 2026
Slide 1: Investor Presentation Q3 2026
Investor Presentation Q3 2026 November 2, 2026
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. In some cases, you can identify forward-looking statements by terms such as “aim,” “may,
Slide 3: Our Mission
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. 3
Slide 4: EverQuote Snapshot
EverQuote Market leader serving Differentiated Deep, long-standing Snapshot a large, growing sector proprietary data and AI customer relationships A trusted partner for Property A foundational AI delivery model Differentiated distribution and Casualty insurance that enables highly precise, network o
Slide 5: Our TAM: Large and Growing
U.S. P&C Insurance Market: Distribution and Advertising Spend Our TAM: Large and Growing CURRENT GROWTH DRIVERS $129B P&C Distribution and Advertising Spend Market(1) Increased carrier focus on growing policies in force Shift of advertising spend to online customer acquisition channels $8B P&C Digit
Slide 6: What We Do: Drive High-Intent Consumers to P&C Insurers
What We Do: Drive High-Intent Consumers to P&C Insurers ORIGINATION TARGETING & BIDDING CONVERSION & DISTRIBUTION r a ffic Engi Carriers & Agents T n AI e Consumer history Location LTV analysis Underwriting preferences Demographics State regulatory variations Right-target, right-price bids for desir
Slide 7: The Market We Serve: A Data-Rich P&C Insurance Ecosystem
The Market We Serve: A Data-Rich P&C Insurance Ecosystem Regulated Opaque Targeted Dynamic Carrier and agent models Major carriers invest heavily in Carriers are highly specific in Carriers adapt their are governed by regulations their brand and seek to avoid their target customer profile preference
Slide 8: Our Tailwinds: Carriers Remain Focused on Growth
Our Tailwinds: Recent Carrier Commentary Carriers Remain Focused on Growth (2) “We focus on our four strategic pillars to win in the marketplace and grow as fast as Combined Ratios Decline as we can at less than or equal to a 96 combined ratio at the enterprise level.” 120.0 (1) “The next phase will
Slide 9: Our AI Opportunity: Unlocking Value in our Marketplace
Our AI Opportunity: Unlocking Value in our Marketplace Transforming online acquisition while preserving carriers’ rate opacity, brand integrity and underwriting preferences Higher conversion rates As personalization drives better matching Greater bind performance As precise targeting improves consum
Slide 10: Our Growth Strategy Today: Path to $1B+ of Annual Revenue
Our Growth Strategy Today: Path to $1B+ of Annual Revenue (1) 1 Better Performance 2 Bigger Scale 3 Broader Services Proprietary data, applied AI, and Higher performance relative to other Marketplace performance and scale earns consultative partnerships to optimize each partners and channels yieldin
Slide 11: Our Growth Opportunity Tomorrow
Our Growth Opportunity Tomorrow: New New carrier/agent consumer channels AI-native growth for agentic commerce solutions Marketplace 11
Slide 12: Introducing A Conversational Insurance Shopping Experience
New Introducing consumer channels for A Conversational Insurance Shopping Experience Purpose- agentic commerce Built for AI-First Consumers Luva Debuts Revolutionary AI-Powered Insurance Comparison Platform CAMBRIDGE, MA — OCTOBER 27, 2026 — Today, Luva launched as the first insurance comparison pla
Slide 13: Engaging Shoppers Across Three AI-Native Channels
Engaging Shoppers Across Three AI-Native Channels Luva.com with Lu LLM App Integrations Agentic Infrastructure 1 2 3 13 13
Slide 14: Summary: Why Invest
Summary: Trusted growth partner for P&C insurers Why Invest Deep, long-standing customer relationships Differentiated, proprietary data and AI Growing, profitable business model with strong cash generation Strategy for long-term revenue growth and profit expansion as an AI beneficiary 14
Slide 15: Q3 Summary and Financial Highlights
Q3 Summary and Financial Highlights
Slide 16: Q3 Summary
Q3 Summary $218M Revenue • Grew revenue 25% year-over-year $35M • Delivered net income of $18 million Adjusted EBITDA (1) • Grew Adjusted EBITDA 41% year-over-year (1) $229M • Generated operating cash flow of $40 million Cash No Outstanding Debt 1. See Appendix for Key Metrics and Non-GAAP definitio
Slide 17: Q3 2026 Results
Q3 2026 Results YoY Comparison Quarterly Revenue ($m) $218.1 $m Q3 2025 Q3 2026 YoY Growth % $195.3 $190.9 $195.1 Revenue $173.9 $218.1 25% $173.9 $166.6 $156.6 $147.5 Variable Marketing (1) $50.1 $62.6 25% Dollars (1) Adjusted EBITDA $25.1 $35.5 41% Adjusted EBITDA (1) 14.4% 16.3% 1.8% pts. Margin
Slide 18: Driving Growth and Expanding Profits Since IPO
Driving Growth and Expanding Profits Since IPO Revenue ($m) Variable Marketing Dollars ($m) (2) CAGR 2018 - 2025: ~23% CAGR 2018 - 2025: ~23% $799 $693 $250 $225 70.0% $200 $192 60.0% $500 $155 $130 $128 50.0% $419 $404 $150 $109 $347 $100 40.0% $288 $73 28.1% $249 $100 $46 31.7% 34.8% 31.0% 27.7% 3
Slide 19: NASDAQ: EVER
NASDAQ: EVER investors.everquote.com
Slide 20: Appendix
Appendix EVERQUOTE
Slide 21: Key Metrics & Non-GAAP Definitions
Key Metrics & Non-GAAP Definitions To supplement our consolidated financial statements presented in accordance with U.S. generally accepted accounting principles (“GAAP”), this presentation contains certain non-GAAP financial measures, including Variable Marketing Dollars and Margin and Adjusted EBI
Slide 22: Reconciliation of Adjusted EBITDA - 3 Months Ended
Reconciliation of Adjusted EBITDA - 3 Months Ended 3 Months Ended ($ in Thousands) September 30, June 30, March 31, December 31, September 30, 2026 2026 2026 2025 2025 Net Income (Loss) $18,152 $19,186 $18,673 $57,755 $18,865 Stock-based compensation $6,570 $5,672 $5,141 $5,591 $6,728 Depreciation &
Slide 23: Reconciliation of Adjusted EBITDA - 12 Months Ended
Reconciliation of Adjusted EBITDA - 12 Months Ended 12 Months Ended ($ in Thousands) December 31, December 31, December 31, December 31, December 31, December 31, 2025 2024 2023 2022 2021 2020 Net Income (Loss) $99,311 $32,169 ($51,287) ($24,416) ($19,434) ($11,202) Stock-based compensation $24,299