Filing Flows › EverQuote (EVER) › Q1 2025
EverQuote (EVER) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
EverQuote (EVER) reported revenue of $167M for the first quarter 2025 (Q1 2025), +83% from a year earlier and +13% from the quarter before. Operating margin was 4.8%, net earnings $8.0M (4.8% of revenue).
EverQuote, Q1 2025: revenue $167M (+83% year over year), operating margin 4.8%, net earnings $8.0M, operating cash flow $23.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $167M | +13% | +83% |
| Operating profit | $8.0M | -34% | +353% |
| Net earnings | $8.0M | -35% | +319% |
| Operating cash flow | $23.3M | +16% | +123% |
| Free cash flow | $22.2M | +16% | +129% |
What changed
Revenue was $166.6M in Q1 2025, up 83% year over year and up 13% from the previous quarter. Automotive was the largest line at 92% of revenue. Automotive added $75.2M year over year (up 97%), 99% of the total change. Other declined 98%.
Operating profit was $8.0M, a 4.8% margin (up 2.9 points year over year). Of the extra revenue versus a year earlier, 8% reached operating profit, above the 2% margin then. Total costs grew 78% against revenue growth of 83%. The fastest-growing cost line was Sales & marketing (+83%). Net earnings were $8.0M, up 319% year over year. The effective tax rate was 7.9%.
Operating cash flow was $23.3M (up 123% year over year), 292% of net earnings. Non-cash charges added back $1.2M of depreciation and amortization and $5.4M of share-based compensation. Working capital and other items added $8.7M. Capital expenditures of $1.1M left free cash flow of $22.2M.
Questions
What was EverQuote's revenue in the first quarter 2025?
EverQuote (EVER) reported revenue of $167M for the first quarter 2025 (Q1 2025), +83% from a year earlier and +13% from the quarter before.
Was EverQuote profitable in the first quarter 2025?
Operating profit was $8.0M (4.8% of revenue) and net earnings $8.0M.
Source: EverQuote 10-Q on SEC EDGAR.