secwatch.observer — SEC 8-K summary
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Issuer:     EverQuote, Inc. (EVER)
CIK:        0001640428
Form:       8-K
Filed at:   2025-08-04T23:59:59+00:00
Accession:  0000950170-25-101989
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.02, 2.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EverQuote Q2 revenue up 34% YoY to $156.6M, record net income of $14.7M, announces $50M buyback
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- Q2 revenue $156.6M (+34% YoY); auto insurance revenue $139.6M (+36%), home/renters $17.0M (+23%).
- GAAP net income $14.7M vs $6.4M; adjusted EBITDA $22.0M (14% margin), record operating cash flow $25.3M.
- Variable Marketing Dollars grew 25% to $45.5M; Q3 guidance: revenue $163-169M, adj. EBITDA $22-24M.
- Board authorized $50M share repurchase program expiring July 22, 2026, funded from cash and future cash flow.
- Ended quarter with $148.2M cash (+19% sequential); also entered $60M secured revolving credit facility due 2028.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640428/000095017025101989/0000950170-25-101989-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640428/000095017025101989/ever-20250801.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-101989

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