EverQuote, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $692.5M | $500.2M | $287.9M | $404.1M | $418.5M | $346.9M | $248.8M | $163.3M |
| Cost of Revenue | $19.4M | $20.9M | $22.5M | $24.0M | $23.9M | $21.4M | $15.9M | $11.7M |
| Gross Profit | $673.1M | $479.3M | $265.5M | $380.1M | $394.6M | $325.6M | $232.9M | $151.7M |
| Gross Margin | 97.2% | 95.8% | 92.2% | 94.1% | 94.3% | 93.8% | 93.6% | 92.9% |
| Operating Expenses | ||||||||
| Research & Development | $31.5M | $29.6M | $27.6M | $31.7M | $35.7M | $29.7M | $20.2M | $14.2M |
| SG&A Expense | $34.1M | $30.3M | $26.3M | $28.1M | $24.7M | $20.4M | $16.8M | $10.7M |
| Operating Income | $58.3M | $31.8M | $-52.0M | $-24.8M | $-21.9M | $-11.7M | $-8.0M | $-13.9M |
| Operating Margin | 8.4% | 6.3% | -18.1% | -6.1% | -5.2% | -3.4% | -3.2% | -8.5% |
| Interest Expense | — | — | — | — | — | — | — | $199.0K |
| Pretax Income | $61.8M | $34.0M | $-50.7M | $-24.4M | $-21.9M | $-11.2M | $-7.1M | — |
| Income Tax Expense | $-37.5M | $1.8M | $577.0K | — | $-2.5M | $0 | $0 | $0 |
| Net Income | $99.3M | $32.2M | $-51.3M | $-24.4M | $-19.4M | $-11.2M | $-7.1M | $-13.8M |
| Net Margin | 14.3% | 6.4% | -17.8% | -6.0% | -4.6% | -3.2% | -2.9% | -8.4% |
| EPS (Basic) | $2.75 | $0.92 | $-1.54 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $2.63 | $0.88 | $-1.54 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 36.1M | 35.0M | 33.4M | 33.4M | 30.7M | 28.8M | 27.2M | — |
| Shares Outstanding (Diluted) | 37.8M | 36.6M | 33.4M | 33.4M | 30.7M | 28.8M | 27.2M | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |