QuinStreet, Inc. (QNST)

Nasdaq Communication Services Interactive Media & Services S&P SmallCap 600

$20.66

+0.34 (+1.67%)

Close of Nov 06, 2026 · end-of-day data

Source: QuinStreet, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$299.79M	$404.36M	$455.15M	$490.34M	$578.49M	$582.10M	$580.62M	$613.51M	$1.09B	$1.29B
Cost of revenue	$269.41M	$345.95M	$393.51M	$437.86M	$507.96M	$528.37M	$532.10M	$567.27M	$982.84M	$1.15B
Gross profit	$30.38M	$58.41M	$61.65M	$52.48M	$70.53M	$53.73M	$48.52M	$46.25M	$110.87M	$145.81M
Research & development	$13.48M	$13.80M	$12.33M	$14.21M	$19.34M	$21.91M	$28.89M	$30.05M	$33.87M	$37.30M
Operating income	-$10.66M	$15.64M	$10.73M	$6.21M	$13.93M	-$4.72M	-$20.82M	-$28.07M	$6.19M	$35.43M
Interest expense	$346.00K	$0	$367.00K	$696.00K	$1.30M	$1.07M	$790.00K	$680.00K	$400.00K	$4.39M
Pre-tax income	-$13.29M	$16.50M	$10.72M	$18.69M	$29.33M	-$5.76M	-$21.36M	-$30.40M	$5.63M	$31.21M
Income tax	-$1.08M	$574.00K	-$51.76M	$584.00K	$5.77M	-$514.00K	$47.50M	$935.00K	$926.00K	-$50.02M
Net income	-$12.21M	$15.93M	$62.48M	$18.10M	$23.55M	-$5.25M	-$68.87M	-$31.33M	$4.71M	$81.23M
EBITDA	$713.00K	$23.40M	$19.70M	$17.68M	$30.13M	$12.24M	-$1.66M	-$4.11M	$30.70M	$60.60M
EPS (basic)	$-0.27	$0.34	$1.26	$0.35	$0.44	$-0.10	$-1.28	$-0.57	$0.08	$1.42
EPS (diluted)	$-0.27	$0.32	$1.18	$0.34	$0.43	$-0.10	$-1.28	$-0.57	$0.08	$1.40
Diluted shares	45.59M	49.87M	52.75M	53.39M	55.13M	54.34M	53.80M	54.92M	58.30M	58.16M
Gross margin	10.1%	14.4%	13.5%	10.7%	12.2%	9.2%	8.4%	7.5%	10.1%	11.3%
Operating margin	-3.6%	3.9%	2.4%	1.3%	2.4%	-0.8%	-3.6%	-4.6%	0.6%	2.7%
Net margin	-4.1%	3.9%	13.7%	3.7%	4.1%	-0.9%	-11.9%	-5.1%	0.4%	6.3%

Balance sheet

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash & equivalents	$49.57M	$64.70M	$62.52M	$107.51M	$110.32M	$96.44M	$73.68M	$50.49M	$101.08M	$128.31M
Receivables	$44.06M	$68.49M	$75.63M	$64.47M	$87.93M	$81.43M	$67.75M	$111.79M	$135.80M	$181.22M
Total current assets	$99.86M	$137.62M	$143.38M	$185.57M	$206.18M	$182.79M	$151.20M	$169.09M	$245.53M	$316.61M
Goodwill	$56.12M	$62.28M	$82.54M	$80.68M	$117.83M	$121.14M	$121.14M	$125.06M	$125.06M	$261.42M
Total assets	$174.31M	$220.30M	$324.61M	$358.41M	$449.51M	$419.91M	$337.15M	$368.55M	$431.11M	$721.30M
Total current liabilities	$52.55M	$68.03M	$83.70M	$85.84M	$115.61M	$109.58M	$89.82M	$126.40M	$163.04M	$259.97M
Long-term debt	—	—	—	—	—	—	—	—	$0	$70.00M
Total debt	—	—	—	—	—	—	—	—	$0	$70.00M
Total liabilities	$56.23M	$71.97M	$101.78M	$102.46M	$154.37M	$133.91M	$107.35M	$151.72M	$187.06M	$398.21M
Shareholders' equity	$118.08M	$148.33M	$222.83M	$255.94M	$295.15M	$286.00M	$229.80M	$216.82M	$244.04M	$323.09M

Cash flow

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Operating cash flow	$18.54M	$26.98M	$37.97M	$47.61M	$50.62M	$28.67M	$11.84M	$12.04M	$84.98M	$131.30M
Capital expenditures	$1.16M	$610.00K	$1.97M	$1.96M	$1.97M	$2.84M	$3.06M	$5.35M	$2.07M	$3.40M
Free cash flow	$17.38M	$26.37M	$35.99M	$45.65M	$48.65M	$25.83M	$8.78M	$6.69M	$82.91M	$127.91M
Investing cash flow	-$3.37M	-$15.85M	-$36.99M	$8.87M	-$36.46M	-$9.22M	-$15.12M	-$22.73M	-$11.44M	-$118.58M
Financing cash flow	-$18.50M	$3.89M	-$4.05M	-$11.63M	-$11.31M	-$33.31M	-$19.46M	-$12.51M	-$23.00M	$14.54M
Share buybacks	$2.49M	$647.00K	$0	$0	$0	$15.27M	$5.65M	$2.29M	$0	$31.44M
Stock-based compensation	$8.90M	$10.18M	$14.13M	$16.72M	$19.63M	$18.51M	$18.79M	$23.70M	$31.77M	$37.43M
Depreciation & amortization	$11.38M	$7.77M	$8.97M	$11.48M	$16.20M	$16.96M	$19.16M	$23.96M	$24.51M	$25.18M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$122.68M	$168.59M	$198.32M	$279.22M	$282.60M	$269.84M	$262.05M	$285.85M	$287.85M	$346.14M	$373.88M	$416.65M
Cost of revenue	$115.83M	$154.28M	$180.89M	$250.81M	$255.84M	$241.98M	$234.20M	$258.91M	$260.12M	$304.80M	$324.07M	$363.33M
Gross profit	$6.85M	$14.31M	$17.43M	$28.41M	$26.75M	$27.86M	$27.85M	$26.94M	$27.72M	$41.34M	$49.81M	$53.32M
Research & development	$7.27M	$7.55M	$7.59M	$8.62M	$8.71M	$8.85M	$7.69M	$8.16M	$8.32M	$10.22M	$10.61M	$10.97M
Operating income	-$11.39M	-$5.33M	-$1.44M	-$1.21M	-$1.39M	$4.91M	$3.88M	$4.79M	$1.25M	$10.27M	$19.12M	$23.29M
Interest expense	$111.00K	$293.00K	$165.00K	$124.00K	$126.00K	$66.00K	$84.00K	$68.00K	$70.00K	$2.10M	$2.15M	$2.20M
Pre-tax income	-$11.30M	-$7.60M	-$1.68M	-$1.42M	-$1.59M	$4.89M	$3.75M	$4.72M	$1.31M	$8.18M	$17.00M	$21.13M
Income tax	$252.00K	-$556.00K	$489.00K	-$49.00K	-$45.00K	$477.00K	$543.00K	$184.00K	-$48.92M	$822.00K	-$2.11M	$4.11M
Net income	-$11.55M	-$7.05M	-$2.16M	-$1.37M	-$1.55M	$4.42M	$3.21M	$4.54M	$50.23M	$7.36M	$19.11M	$17.02M
EBITDA	-$5.68M	$893.00K	$5.24M	$5.23M	$4.85M	$10.88M	$9.73M	$10.60M	$6.18M	$16.16M	$27.66M	$29.48M
EPS (basic)	$-0.21	$-0.13	$-0.04	$-0.02	$-0.03	$0.08	$0.05	$0.08	$0.88	$0.13	$0.33	$0.30
EPS (diluted)	$-0.21	$-0.13	$-0.04	$-0.02	$-0.03	$0.08	$0.05	$0.08	$0.87	$0.13	$0.33	$0.29
Diluted shares	54.76M	55.06M	153.00K	55.82M	56.34M	58.66M	-21.00K	58.77M	57.92M	58.04M	-79.00K	58.85M
Gross margin	5.6%	8.5%	8.8%	10.2%	9.5%	10.3%	10.6%	9.4%	9.6%	11.9%	13.3%	12.8%
Operating margin	-9.3%	-3.2%	-0.7%	-0.4%	-0.5%	1.8%	1.5%	1.7%	0.4%	3.0%	5.1%	5.6%
Net margin	-9.4%	-4.2%	-1.1%	-0.5%	-0.5%	1.6%	1.2%	1.6%	17.4%	2.1%	5.1%	4.1%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$45.52M	$39.60M	$50.49M	$24.98M	$57.84M	$81.81M	$101.08M	$101.30M	$106.96M	$102.04M	$128.31M	$141.51M
Receivables	$74.73M	$99.64M	$111.79M	$173.90M	$150.36M	$137.24M	$135.80M	$149.98M	$152.39M	$184.78M	$181.22M	$207.50M
Total current assets	$128.08M	$146.77M	$169.09M	$206.46M	$219.27M	$228.38M	$245.53M	$259.65M	$267.98M	$295.18M	$316.61M	$358.76M
Goodwill	$121.14M	$125.06M	$125.06M	$125.06M	$125.06M	$125.06M	$125.06M	$125.06M	$125.06M	$261.80M	$261.42M	$259.50M
Total assets	$320.92M	$349.25M	$368.55M	$401.17M	$409.65M	$417.24M	$431.11M	$442.64M	$493.03M	$704.34M	$721.30M	$754.31M
Total current liabilities	$85.03M	$109.11M	$126.40M	$157.89M	$159.69M	$156.67M	$163.04M	$172.16M	$177.39M	$249.23M	$259.97M	$272.30M
Long-term debt	—	—	—	—	—	—	$0	—	—	$70.00M	$70.00M	$70.00M
Total debt	—	—	—	—	—	—	$0	—	—	$70.00M	$70.00M	$70.00M
Total liabilities	$105.66M	$134.29M	$151.72M	$181.35M	$185.40M	$181.76M	$187.06M	$195.94M	$198.59M	$393.95M	$398.21M	$410.42M
Shareholders' equity	$215.25M	$214.96M	$216.82M	$219.82M	$224.25M	$235.47M	$244.04M	$246.70M	$294.44M	$310.39M	$323.09M	$343.89M

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	-$3.65M	$4.11M	$16.56M	-$13.71M	$38.68M	$30.11M	$29.90M	$19.60M	$21.62M	$36.93M	$53.15M	$23.25M
Capital expenditures	$1.34M	$1.21M	$1.18M	$437.00K	$447.00K	$639.00K	$548.00K	$1.17M	$889.00K	$537.00K	$797.00K	$155.00K
Free cash flow	-$4.99M	$2.90M	$15.38M	-$14.14M	$38.23M	$29.47M	$29.35M	$18.43M	$20.73M	$36.40M	$52.35M	$23.10M
Investing cash flow	-$4.28M	-$9.71M	-$3.65M	-$2.61M	-$2.77M	-$3.01M	-$3.06M	-$4.09M	-$3.47M	-$107.42M	-$3.60M	-$2.95M
Financing cash flow	-$2.85M	-$320.00K	-$2.03M	-$9.21M	-$3.07M	-$3.11M	-$7.61M	-$15.30M	-$12.44M	$65.57M	-$23.30M	-$7.11M
Share buybacks	$862.00K	$0	$0	$0	$0	$0	$0	$6.75M	$10.05M	-$1.00K	$14.65M	$0
Stock-based compensation	$6.07M	$6.72M	$5.64M	$8.41M	$9.05M	$7.07M	$7.23M	$9.20M	$9.55M	$8.49M	$10.19M	$10.98M
Depreciation & amortization	$5.71M	$6.22M	$6.68M	$6.44M	$6.24M	$5.97M	$5.86M	$5.82M	$4.93M	$5.89M	$8.54M	$6.18M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.