EverQuote advertising spend, FY2025

EverQuote (EVER) reported $501M of advertising expense for the fiscal year ended Dec 31, 2025. That is 72.3% of revenue of $693M. Up 45.1% from FY2024.

Ad spend, FY2025
$501M
year ended Dec 31, 2025
Change vs prior year
+45.1%
vs FY2024
Share of revenue
72.3%
of $693M revenue
Rank by ad spend
#125
of 336 companies

Key facts

  • Ad spend is 2.1x its FY2020 level ($238M), faster than revenue (2.0x).
  • FY2025 is the highest year on file, going back to FY2017.
  • Largest increase +83.8% in FY2024; largest cut -32.0% in FY2023.
  • Ad spend has risen 2 years in a row.
  • Ad spend is 72.3% of revenue, up from 68.7% in FY2020.
  • EverQuote spends more on advertising than 63% of the 336 US-listed companies tracked. Its ad-to-revenue ratio is 14x the median of 5.2%.

Ad spend by fiscal year

$0 $200M $400M $600M FY2017 (ended 2017-12-31): $90.5M 2017 FY2018 (ended 2018-12-31): $117M FY2019 (ended 2019-12-31): $176M 2019 FY2020 (ended 2020-12-31): $238M FY2021 (ended 2021-12-31): $289M 2021 FY2022 (ended 2022-12-31): $276M FY2023 (ended 2023-12-31): $188M 2023 FY2024 (ended 2024-12-31): $345M FY2025 (ended 2025-12-31): $501M 2025 $501M

Ad spend as % of revenue

0% 20% 40% 60% 80% FY2017 (ended 2017-12-31): 71.7% 2017 FY2018 (ended 2018-12-31): 71.8% FY2019 (ended 2019-12-31): 70.5% 2019 FY2020 (ended 2020-12-31): 68.7% FY2021 (ended 2021-12-31): 69.1% 2021 FY2022 (ended 2022-12-31): 68.3% FY2023 (ended 2023-12-31): 65.2% 2023 FY2024 (ended 2024-12-31): 69.0% FY2025 (ended 2025-12-31): 72.3% 2025 72.3%

History

Download CSV
Fiscal year Period end Ad spend YoY Revenue Ad / revenue Tag Filing
FY2025 Dec 31, 2025 $501M +45.1% $693M 72.3% AdvertisingExpense 10-K Feb 24, 2026
FY2024 Dec 31, 2024 $345M +83.8% $500M 69.0% AdvertisingExpense 10-K Feb 24, 2026
FY2023 Dec 31, 2023 $188M -32.0% $288M 65.2% AdvertisingExpense 10-K Feb 24, 2026
FY2022 Dec 31, 2022 $276M -4.5% $404M 68.3% AdvertisingExpense 10-K Feb 25, 2025
FY2021 Dec 31, 2021 $289M +21.3% $419M 69.1% AdvertisingExpense 10-K Feb 27, 2024
FY2020 Dec 31, 2020 $238M +35.8% $347M 68.7% AdvertisingExpense 10-K Feb 27, 2023
FY2019 Dec 31, 2019 $176M +49.6% $249M 70.5% AdvertisingExpense 10-K Feb 25, 2022
FY2018 Dec 31, 2018 $117M +29.6% $163M 71.8% AdvertisingExpense 10-K Mar 13, 2020
FY2017 Dec 31, 2017 $90.5M n/a $126M 71.7% AdvertisingExpense 10-K Apr 1, 2019

What the figure is

Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).

Ad spend is 72.3% of revenue. A ratio of 50 to 100% is typical for lead-gen and marketplace businesses that buy traffic.

Compared with similar spenders

The 6 companies closest to EverQuote in latest-year ad spend.

Rank Company Ad spend Ad / revenue YoY Fiscal year
123 Chime Financial $510M 23.3% +11.7% FY2025
124 Under Armour $502M 10.1% -8.7% FY2026
125 EverQuote $501M 72.3% +45.1% FY2025
126 Deckers Outdoor $496M 9.1% +14.7% FY2026
127 PVH $496M 5.5% +3.2% FY2026
128 Bausch & Lomb $495M 9.7% -6.3% FY2025
129 Ulta Beauty $491M 4.0% +13.8% FY2026

Full ranking of 336 companies · Biggest increases #29 · Highest ad-to-revenue #1

Questions

How much does EverQuote spend on advertising?

EverQuote spent $501M on advertising in fiscal 2025, the year ended Dec 31, 2025, according to its 10-K filed Feb 24, 2026.

What percentage of revenue does EverQuote spend on advertising?

72.3% of revenue in fiscal 2025 ($501M of $693M). The median across the 336 companies tracked is 5.2%.

Is EverQuote spending more on advertising?

Yes. Ad spend rose 45.1% in fiscal 2025 from fiscal 2024. It has risen 2 years in a row.

How does EverQuote rank by advertising spend?

#125 of 336 US-listed companies with $100M or more in ad spend, ranked on each company's latest fiscal year.

What does EverQuote's advertising figure include?

Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).

Source

Filing
10-K for FY2025, filed Feb 24, 2026
Accession number
0001193125-26-066957
Company
EverQuote, Inc., CIK 1640428, SIC 7370 (Services-Computer Programming, Data Processing, Etc.)
Data
SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
Cite
EverQuote advertising spend, FY2017-FY2025. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 10-K filed Feb 24, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/everquote/advertising-spend/
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CSV, all years · CSV, all 336 companies