Quinstreet ( (QNST) ) has released its Q1 earnings. Here is a breakdown of the information Quinstreet presented to its investors.
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QuinStreet, Inc. is a prominent player in the performance marketplaces and technologies sector, focusing on financial and home services industries, known for its innovative online marketplace solutions connecting consumers with brands.
In its first fiscal quarter of 2026, QuinStreet reported a record quarterly revenue of $286 million, marking a 2% increase year-over-year, with strong performances in auto insurance and home services sectors. The company also announced a new $40 million share repurchase program, reflecting confidence in its financial health and future outlook.
Key financial highlights include a GAAP net income of $4.5 million and an adjusted net income of $13.1 million, with an adjusted EBITDA of $20.5 million, up 1% from the previous year. The company maintained a robust balance sheet with $101 million in cash and no bank debt, while continuing to invest heavily in new media and product areas.
Looking ahead, QuinStreet anticipates significant growth in its auto insurance revenue and margins, alongside continued expansion in non-auto insurance verticals. The company aims for a 10% quarterly adjusted EBITDA margin within the fiscal year and expects to leverage artificial intelligence to enhance market growth and operational efficiency.
Overall, QuinStreet’s management remains optimistic about achieving double-digit revenue growth in the coming years, driven by strategic investments and a strong market position.