Slide 1: Investor Presentation Q2 2026
Investor Presentation Q2 2026 August 3, 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. All statements other than statements of historical fact contained in this presentation,
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
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 Market1 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 Carriers & Agents Consumer history Location LTV analysis Underw riting pref erences Demographics State regulatory variations “ Right-target, right-price bids for desired shoppers Insuran
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 preferences are governed by regulations their brand and seek to avoid their target customer profil
Slide 8: Our Tailwinds: Carriers are Focused on Growth as Combined Ratios Decline
Our Tailwinds: Carriers are Focused on Growth as Combined Ratios Decline P&C Combined Ratio (1) Carrier Commentary (2) 104.0 “ We have continued to leverage our scale in identifying 102.7 new opportunities to refine where and how we invest our 101.8 marketing spend to drive profitable growth” … “ We
Slide 9: Our AI Opportunity Today: Unlocking Value in our Marketplace
Our AI Opportunity Today: 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
Slide 10: Our Growth Strategy: Path to $1B+ of Annual Revenue
Our Growth Strategy: 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 yielding high
Slide 11: Our AI Opportunity Tomorrow: Unlocking Value Beyond Marketplace
Our AI Opportunity Tomorrow: Unlocking Value Beyond Marketplace New consumer New channels for carrier/agent AI agentic Marketplace native growth commerce solutions 11
Slide 12: Summary: Why Invest
Summary: Market leader serving a high-growth sector 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 12
Slide 13: Q2 Summary and Financial Highlights
Q2 Summary and Financial Highlights
Slide 14: Q2 Summary
Q2 Summary $195M Revenue • Grew revenue 25% year-over-year • Increased net income to $19 million $30M Adjusted EBITDA (1) • Grew Adjusted EBITDA 37% year-over-year 1 • Generated operating cash flow of $24 million $192M Cash No Outstanding Debt 1. See Appendix for Key Metrics and Non-GAAP definitio
Slide 15: Q2 2026 Results
Q2 2026 Results YoY Comparison Quarterly Revenue $m $m Q2 2025 Q2 2026 YoY Growth % $195.3 $190.9 $195.1 $173.9 $166.6 Revenue $156.6 $195.1 25% $144.5 $156.6 $147.5 Variable Marketing 1 $45.5 $56.9 25% Dollars 1 Adjusted EBITDA $22.0 $30.1 37% Adjusted EBITDA 1 14.0% 15.4% 1.4% pts. Margin
Slide 16: Driving Growth and Expanding Profits Since IPO
Driving Growth and Expanding Profits Since IPO (2) Revenue $m Variable Marketing Dollars $m CAGR 2018 2025 23% CAGR 2018 2025 23% $693 $25 0 7 0 . % $500 $20 $192 60 . 0 % $419 $155 $404 $130 $128 5 0 . 0 % $347 $ 15 0 $109 $100 $288 40 . 0 % $249 $ 10 0 $46 $73 27.7% 30 . 0 % $163 31.3%
Slide 17: NASDAQ: EVER
NASDAQ EVER investors.everquote.com
Slide 18: Appendix
Appendix EVERQUOTE
Slide 19: 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 20: Reconciliation of Adjusted EBITDA - 3 Months Ended
Reconciliation of Adjusted EBITDA 3 Months Ended 3 Months Ended $ in Thousands) June 30, March 31, December 31, September 30, June 30, 2026 2026 2025 2025 2025 Net Income Loss $19,186 $18,673 $57,755 $18,865 $14,701 Stock-based compensation $5,672 $5,141 $5,591 $6,728 $6,560 Depreciation & amor
Slide 21: 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