{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-050740","form_type":"8-K","ticker":"EVER","cik":"0001640428","company_name":"EverQuote, Inc.","filed_at":"2023-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.959784+00:00","generated_at":"2026-06-18T23:43:27.283999+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"EverQuote Q4 revenue $88.3M (-13% YoY); FY22 net loss $24.4M; guides Q1 rev $101-105M","bullets":["Q4 revenue $88.3M, down 13% YoY; auto insurance vertical $67.2M (-5%).","Q4 GAAP net loss $8.5M (flat YoY); Adjusted EBITDA $0.1M vs $0.5M prior year.","Full year 2022 revenue $404.1M (-3%); net loss $24.4M vs $19.4M prior.","Q1 2023 guidance: revenue $101-105M, VMM $31.5-33.5M, Adj EBITDA $2-4M.","Full year 2023 guidance: revenue $420-435M, Adj EBITDA $7-13M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-050740","json":"https://secwatch.observer/filing/0001193125-23-050740.json","markdown":"https://secwatch.observer/filing/0001193125-23-050740.md","text":"https://secwatch.observer/filing/0001193125-23-050740.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1640428/000119312523050740/0001193125-23-050740-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1640428/000119312523050740/d451826d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T23:43:27.283999+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"81a7480793772a436a0fd5605f7b0204b2dcb892","claim":"EverQuote, Inc. reported FY 2022 results: revenue $404.1 million, net income -$24.4 million.","evidence_excerpt":"• Total revenue of $404.1 million, a decrease of 3%. • Automotive insurance vertical revenue of $324.4 million, a decrease of 2%. • Revenue from other insurance verticals, which includes home and renters, life, and health insurance, decreased 9% to $79.7 million. • Variable Marketing Margin of $128.3 million, a decrease of 1%. • Variable Marketing Margin as a percentage of revenue was a record 31.7%, driven by the strength of our traffic operations. • GAAP net loss increased to $24.4 million, compared to GAAP net loss of $19.4 million. • Adjusted EBITDA was $5.9 million, compared to Adjusted EBITDA of $14.6 million. • DTCA generated $51.4 million in revenue, or 12.7% of total revenue, while driving significant improvements in operational efficiency.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1640428/000119312523050740/0001193125-23-050740-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"FY 2022"},{"label":"Revenue","value":"$404.1 million"},{"label":"Net income","value":"-$24.4 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"83736ed95f292187f42a2ee38895e8fc811ee643","claim":"EverQuote, Inc. reported FY 2023 results: revenue $420 - $435 million. Guidance initiated.","evidence_excerpt":"Full Year 2023: • Revenue of $420 - $435 million. • Variable Marketing Margin of $132 - $140 million. • Adjusted EBITDA of $7 - $13 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1640428/000119312523050740/0001193125-23-050740-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"FY 2023"},{"label":"Revenue","value":"$420 - $435 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"9afe7dcf617cb24ed9864a5534468e22743ce1b2","claim":"EverQuote, Inc. reported Q1 2023 results: revenue $101 - $105 million. Guidance initiated.","evidence_excerpt":"First Quarter 2023: • Revenue of $101 - $105 million. • Variable Marketing Margin of $31.5 - $33.5 million. • Adjusted EBITDA of $2 - $4 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1640428/000119312523050740/0001193125-23-050740-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q1 2023"},{"label":"Revenue","value":"$101 - $105 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"c51f62e3c845bca0e055b4bac844c0ca2b042a2d","claim":"EverQuote, Inc. reported Q4 2022 results: revenue $88.3 million, net income -$8.5 million.","evidence_excerpt":"• Total revenue of $88.3 million, a decrease of 13%. • Automotive insurance vertical revenue of $67.2 million, a decrease of 5%. • Revenue from other insurance verticals, which includes home and renters, life, and health insurance, decreased 33% to $21.1 million. • Variable Marketing Margin of $29.1 million, a decrease of 12%. • GAAP net loss was $8.5 million, flat with the prior year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1640428/000119312523050740/0001193125-23-050740-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q4 2022"},{"label":"Revenue","value":"$88.3 million"},{"label":"Net income","value":"-$8.5 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}