EverQuote, Inc. (EVER) SEC Filings & Earnings Calls

Repurchase program is discretionary and may be suspended; no obligation to buy any shares

“The program may be suspended or discontinued at any time and does not obligate the Company to acquire any amount of its Class A common stock.” · word for word

Customer concentration

“total revenue from our two largest auto insurance carrier customers was 35% and 11% of our revenue, respectively, for the six months ended June 30, 2026” · word for word

Auto insurance industry cyclicality

“Business cycles within the auto insurance industry heavily impact our carrier customers’ advertising spend with us” · word for word

Dependence on P&C insurance carrier spending; any slowdown in carrier marketing budgets could impact growth.

“Revenue concentration in automotive insurance vertical (88% of total).”

Customer concentration

“total revenue from our largest auto insurance carrier customer was 40% of our revenue for the three months ended March 31, 2026” · word for word

Auto insurance industry cyclicality

“Business cycles within the auto insurance industry heavily impact our carrier customers’ advertising spend with us” · word for word

Controlled company governance risk

“We are a 'controlled company' as that term is set forth in Nasdaq rules. ... we are exempt from certain corporate governance requirements, including: (1) the requirement that a majority of our board of directors consist of independent directors ...” · word for word

Key man / founder concentration

“Link Ventures LLLP ... 57.1% of total voting power. David Blundin ... may be deemed to hold voting and dispositive power with respect to the shares held by ... Link Ventures LLLP.”

Customer concentration

“Total revenue from our two largest customers accounted for 38% and 11%, respectively, of our total revenue for the year ended December 31, 2025.” · word for word

Auto insurance industry cyclicality

“For the years ended December 31, 2025 and 2024, we derived 91% and 89%, respectively, of our revenue from auto insurance providers.” · word for word

Regulatory risk (TCPA, data privacy)

“On January 26, 2024, the FCC published regulations which, among other things, would have amended the consent requirements of the TCPA...” · word for word

Net income includes $38.4M one-time deferred tax benefit

“GAAP net income increased to $57.8 million, which includes a net deferred tax benefit of $38.4 million” · word for word

Customer concentration

“total revenue from our two largest auto insurance carrier customers was 37% and 11%, respectively, of our revenue for the nine months ended September 30, 2025.” · word for word

Auto insurance market volatility

“The state of the auto insurance market remains volatile, and while we have seen improvements in spending patterns, including from our larger carrier customers, not all of our carrier customers have increased their spend in a proportional or significant manner, and a full recovery could be prolonged by further cost inflation, including the impact of increased” · word for word

Regulatory risk (TCPA, data privacy)

“On January 26, 2024, the Federal Communications Commission, or FCC, published regulations which, among other things, would have amended the consent requirements of the Telephone Consumer Protection Act, or TCPA, by requiring 'one-to-one consent' for outbound telemarketing calls or texts... In addition, a number of states have enacted (and others are consider” · word for word

Dependence on insurance carrier demand; variable marketing spend efficiency.

“Variable Marketing Dollars grew to $50.1M; Q4 guidance implies lower VMD growth (7% at midpoint).”

Concentration in automotive insurance vertical (91% of revenue).

“Automotive insurance vertical revenue $157.6M out of $173.9M total.”