QuinStreet revenue +18% to $1.29B; net income +1626% to $81.2M on tax benefit

Filed August 26, 2026 · Period ending June 30, 2026 · Compared to 10-K Aug 21, 2025 · ~2 min read

Key Changes

• high

  Net income surged 1626% to $81.2M, but operating income rose only 1625.8% to $35.4M — the $76.5M gap came from $60.7M in one-time tax benefits (valuation-allowance release) and $4.0M higher interest expense, not operational improvement.

  MD&A: Net Income & Tax Benefit verify on EDGAR →
• high

  Acquired HomeBuddy for $114.8M cash plus $75M deferred, funded by a new $150M revolving credit facility ($70M drawn). Debt is secured by substantially all assets and limits future financing flexibility.

  MD&A: HomeBuddy Acquisition; Risk Factors: Debt verify on EDGAR →
• high

  Revenue grew 18.3% to $1.29B, driven by home services (+47%, including $88.9M from HomeBuddy) and insurance (+$79M). Operating margin expanded to 2.7% from 0.5% as gross margin improved 100 bps to 11%.

  MD&A: Revenue & Operating Income verify on EDGAR →