---
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"
generated_at: "2026-06-18T23:43:27.283999+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# EverQuote Q4 revenue $88.3M (-13% YoY); FY22 net loss $24.4M; guides Q1 rev $101-105M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-050740
- JSON: https://secwatch.observer/filing/0001193125-23-050740.json
- Plain text: https://secwatch.observer/filing/0001193125-23-050740.txt

## Key facts
- Earnings Releases
  EverQuote, Inc. reported FY 2022 results: revenue $404.1 million, net income -$24.4 million.
  - Period: FY 2022
  - Revenue: $404.1 million
  - Net income: -$24.4 million
  - Result: reported results
  source text: • 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_url: https://www.sec.gov/Archives/edgar/data/1640428/000119312523050740/0001193125-23-050740-index.htm
- Earnings Releases
  EverQuote, Inc. reported FY 2023 results: revenue $420 - $435 million. Guidance initiated.
  - Period: FY 2023
  - Revenue: $420 - $435 million
  - Guidance: initiated
  - Result: guidance update
  source text: Full Year 2023: • Revenue of $420 - $435 million. • Variable Marketing Margin of $132 - $140 million. • Adjusted EBITDA of $7 - $13 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1640428/000119312523050740/0001193125-23-050740-index.htm
- Earnings Releases
  EverQuote, Inc. reported Q1 2023 results: revenue $101 - $105 million. Guidance initiated.
  - Period: Q1 2023
  - Revenue: $101 - $105 million
  - Guidance: initiated
  - Result: guidance update
  source text: First Quarter 2023: • Revenue of $101 - $105 million. • Variable Marketing Margin of $31.5 - $33.5 million. • Adjusted EBITDA of $2 - $4 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1640428/000119312523050740/0001193125-23-050740-index.htm
- Earnings Releases
  EverQuote, Inc. reported Q4 2022 results: revenue $88.3 million, net income -$8.5 million.
  - Period: Q4 2022
  - Revenue: $88.3 million
  - Net income: -$8.5 million
  - Result: reported results
  source text: • 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_url: https://www.sec.gov/Archives/edgar/data/1640428/000119312523050740/0001193125-23-050740-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.