Quinstreet (QNST) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2026, filed Aug 26, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the QNST SEC filings page.
Quinstreet (QNST) reported $1.3B in revenue for fiscal year 2026, up 18.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
QuinStreet’s dominant mechanic is scale-driven margin expansion turning revenue growth into cash conversion with modest reinvestment.
As revenue more than doubled from FY2024 to FY2026, gross margin widened to11.3% , revealing improved operating economics rather than volume alone. Operating margin moved from loss to2.7% as FY2026 SG&A fell to$45.8M despite the larger business, indicating fixed-cost absorption alongside mix or cost improvement.
FY2026 net income of
Goodwill rose to
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Quinstreet's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Quinstreet has an operating margin of 2.7%, meaning the company retains $3 of operating profit per $100 of revenue. This below-average margin results in a low score of 29/100, suggesting thin profitability after operating expenses. This is up from 0.6% the prior year.
Quinstreet's revenue surged 18.3% year-over-year to $1.3B, reflecting rapid business expansion. This strong growth earns a score of 94/100.
Quinstreet carries a low D/E ratio of 0.22, meaning only $0.22 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.
Quinstreet's current ratio of 1.22 is below the typical benchmark, resulting in a score of 29/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Quinstreet has a free cash flow margin of 9.9%, earning a moderate score of 57/100. The company generates positive cash flow after capital investments, but with room for improvement.
Quinstreet's ROE of 25.1% shows moderate profitability relative to equity, earning a score of 31/100. This is up from 1.9% the prior year.
Quinstreet scores 3.49, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Quinstreet passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Quinstreet generates $1.62 in operating cash flow ($131.3M OCF vs $81.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Quinstreet earns $8.06 in operating income for every $1 of interest expense ($35.4M vs $4.4M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Quinstreet generated $373.9M in revenue in Q4 2026. This represents an increase of 42.7% from the same quarter a year earlier. Against the prior quarter it is up 8.0%.
Quinstreet's EBITDA was $27.7M in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 184.2% from the same quarter a year earlier. Against the prior quarter it is up 71.2%.
Quinstreet reported $19.1M in net income in Q4 2026. This represents an increase of 496.1% from the same quarter a year earlier. Against the prior quarter it is up 159.6%.
Quinstreet earned $0.33 per diluted share (EPS) in Q4 2026. This represents an increase of 560.0% from the same quarter a year earlier. Against the prior quarter it is up 153.8%.
Cash & Balance Sheet
Quinstreet generated $52.4M in free cash flow in Q4 2026, representing cash available after capex. This represents an increase of 78.4% from the same quarter a year earlier. Against the prior quarter it is up 43.8%.
Quinstreet held $128.3M in cash against $70.0M in long-term debt as of Q4 2026.
Not reported for Q4 2026.
Margins & Returns
Quinstreet's gross margin was 13.3% in Q4 2026, indicating the percentage of revenue retained after direct costs. This is up 2.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.4 percentage points.
Quinstreet's operating margin was 5.1% in Q4 2026, reflecting core business profitability. This is up 3.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.1 percentage points.
Quinstreet's net profit margin was 5.1% in Q4 2026, showing the share of revenue converted to profit. This is up 3.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.0 percentage points.
Quinstreet's ROE was 5.9% in Q4 2026, measuring profit generated per dollar of shareholder equity. This is up 4.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.6 percentage points.
Capital Allocation
Quinstreet invested $10.6M in research and development in Q4 2026. This represents an increase of 37.9% from the same quarter a year earlier. Against the prior quarter it is up 3.8%.
Quinstreet spent $14.6M on share buybacks in Q4 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is up 1464500.0%.
Quinstreet invested $797K in capex in Q4 2026, funding long-term assets and infrastructure. This represents an increase of 45.4% from the same quarter a year earlier. Against the prior quarter it is up 48.4%.
QNST Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $373.9M+42.7% | $346.1M+28.3% | $287.8M+1.9% | $285.9M+2.4% | $262.1M+32.1% | $269.8M+60.1% | $282.6M+130.3% | $279.2M+125.3% |
| Cost of Revenue | $324.1M+38.4% | $304.8M+26.0% | $260.1M+1.7% | $258.9M+3.2% | $234.2M+29.5% | $242.0M+56.8% | $255.8M+120.9% | $250.8M+115.7% |
| Gross Profit | $49.8M+78.9% | $41.3M+48.4% | $27.7M+3.6% | $26.9M-5.2% | $27.9M+59.8% | $27.9M+94.7% | $26.8M+290.4% | $28.4M+271.4% |
| R&D Expenses | $10.6M+37.9% | $10.2M+15.5% | $8.3M-4.5% | $8.2M-5.3% | $7.7M+1.4% | $8.8M+17.2% | $8.7M+19.8% | $8.6M+12.9% |
| SG&A Expenses | $10.5M-15.3% | $12.9M+43.5% | $13.2M-7.9% | $9.3M-45.0% | $12.4M+59.4% | $9.0M+5.8% | $14.3M+87.5% | $16.8M+148.2% |
| Operating Income | $19.1M+393.4% | $10.3M+109.0% | $1.2M+189.8% | $4.8M+496.8% | $3.9M+369.4% | $4.9M+192.1% | -$1.4M+87.8% | -$1.2M+87.8% |
| EBITDA | $27.7M+184.2% | $16.2M+48.5% | $6.2M+27.4% | $10.6M+102.6% | $9.7M+85.7% | $10.9M+1118.5% | $4.8M+185.4% | $5.2M+214.8% |
| Interest Expense | $2.2M+2463.1% | $2.1M+3084.8% | $70K-44.4% | $68K-45.2% | $84K-49.1% | $66K-77.5% | $126K+13.5% | $124K+11.7% |
| Income Tax | -$2.1M-489.3% | $822K+72.3% | -$48.9M-108604.4% | $184K+475.5% | $543K+11.0% | $477K+185.8% | -$45K-117.9% | -$49K-106.5% |
| Net Income | $19.1M+496.1% | $7.4M+66.7% | $50.2M+3342.5% | $4.5M+432.0% | $3.2M+248.2% | $4.4M+162.7% | -$1.5M+86.6% | -$1.4M+87.1% |
| EPS (Basic) | $0.33+560.0% | $0.13+62.5% | $0.88+3033.3% | $0.08+500.0% | $0.05+225.0% | $0.08+161.5% | -$0.03+85.7% | -$0.02+89.5% |
| EPS (Diluted) | $0.33+560.0% | $0.13+62.5% | $0.87+3000.0% | $0.08+500.0% | $0.05+225.0% | $0.08+161.5% | -$0.03+85.7% | -$0.02+89.5% |
| Diluted Shares (Avg) | N/A | 58M-1.1% | 58M+2.8% | 59M+5.3% | N/A | 59M+6.5% | 56M+2.9% | 56M+2.5% |
QNST Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $721.3M+67.3% | $704.3M+68.8% | $493.0M+20.4% | $442.6M+10.3% | $431.1M+17.0% | $417.2M+19.5% | $409.6M+27.6% | $401.2M+25.0% |
| Current Assets | $316.6M+29.0% | $295.2M+29.2% | $268.0M+22.2% | $259.6M+25.8% | $245.5M+45.2% | $228.4M+55.6% | $219.3M+71.2% | $206.5M+55.6% |
| Cash & Equivalents | $128.3M+26.9% | $102.0M+24.7% | $107.0M+84.9% | $101.3M+305.5% | $101.1M+100.2% | $81.8M+106.6% | $57.8M+27.1% | $25.0M-55.6% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $181.2M+33.4% | $184.8M+34.6% | $152.4M+1.3% | $150.0M-13.8% | $135.8M+21.5% | $137.2M+37.7% | $150.4M+101.2% | $173.9M+156.9% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $261.4M+109.0% | $261.8M+109.3% | $125.1M0.0% | $125.1M0.0% | $125.1M0.0% | $125.1M0.0% | $125.1M+3.2% | $125.1M+3.2% |
| Total Liabilities | $398.2M+112.9% | $394.0M+116.7% | $198.6M+7.1% | $195.9M+8.0% | $187.1M+23.3% | $181.8M+35.4% | $185.4M+75.5% | $181.4M+83.9% |
| Current Liabilities | $260.0M+59.5% | $249.2M+59.1% | $177.4M+11.1% | $172.2M+9.0% | $163.0M+29.0% | $156.7M+43.6% | $159.7M+87.8% | $157.9M+89.6% |
| Non-Current Liabilities | $138.2M+475.5% | $144.7M+476.9% | $21.2M-17.5% | $23.8M+1.3% | $24.0M-5.1% | $25.1M-0.3% | $25.7M+24.6% | $23.5M+52.7% |
| Long-Term Debt | $70.0M | $70.0M | N/A | N/A | $0 | N/A | N/A | N/A |
| Total Equity | $323.1M+32.4% | $310.4M+31.8% | $294.4M+31.3% | $246.7M+12.2% | $244.0M+12.6% | $235.5M+9.5% | $224.3M+4.2% | $219.8M-1.1% |
| Retained Earnings | -$44.5M+64.6% | -$63.6M+50.7% | -$70.9M+46.8% | -$121.2M+8.0% | -$125.7M+3.6% | -$128.9M-0.5% | -$133.3M-10.0% | -$131.8M-20.2% |
Not reported in any period shown, so not listed: Inventory.
QNST Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $53.1M+77.8% | $36.9M+22.7% | $21.6M-44.1% | $19.6M+243.0% | $29.9M+80.6% | $30.1M+632.6% | $38.7M+1158.5% | -$13.7M-175.6% |
| Depreciation & Amortization | $8.5M+45.7% | $5.9M-1.4% | $4.9M-20.9% | $5.8M-9.7% | $5.9M-12.3% | $6.0M-4.1% | $6.2M+9.2% | $6.4M+20.7% |
| Stock-Based Compensation | N/A | $8.5M+20.0% | $9.6M+5.5% | $9.2M+9.5% | N/A | $7.1M+5.0% | $9.1M+48.9% | $8.4M+59.4% |
| Capital Expenditures | $797K+45.4% | $537K-16.0% | $889K+98.9% | $1.2M+168.6% | $548K-53.4% | $639K-47.2% | $447K-66.6% | $437K-73.1% |
| Free Cash Flow | $52.4M+78.4% | $36.4M+23.5% | $20.7M-45.8% | $18.4M+230.3% | $29.3M+90.8% | $29.5M+916.6% | $38.2M+865.8% | -$14.1M-114.4% |
| Investing Cash Flow | -$3.6M-17.7% | -$107.4M-3465.4% | -$3.5M-25.4% | -$4.1M-57.0% | -$3.1M+16.3% | -$3.0M+69.0% | -$2.8M+35.4% | -$2.6M+48.8% |
| Financing Cash Flow | -$23.3M-206.1% | $65.6M+2208.3% | -$12.4M-305.2% | -$15.3M-66.2% | -$7.6M-275.7% | -$3.1M-871.9% | -$3.1M-7.5% | -$9.2M-25.9% |
| Share Buybacks | $14.6M | -$1K | $10.1M | $6.7M | $0 | $0 | $0-100.0% | $0-100.0% |
Not reported in any period shown, so not listed: Dividends Paid.
QNST Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 13.3%+2.7pp | 11.9%+1.6pp | 9.6%+0.2pp | 9.4%-0.7pp | 10.6%+1.8pp | 10.3%+1.8pp | 9.5%+3.9pp | 10.2%+4.0pp |
| Operating Margin | 5.1%+3.6pp | 3.0%+1.1pp | 0.4%+0.9pp | 1.7%+2.1pp | 1.5%+2.2pp | 1.8%+5.0pp | -0.5%+8.8pp | -0.4%+7.6pp |
| Net Margin | 5.1%+3.9pp | 2.1%+0.5pp | 17.4%+18.0pp | 1.6%+2.1pp | 1.2%+2.3pp | 1.6%+5.8pp | -0.5%+8.9pp | -0.5%+8.0pp |
| Return on Equity | 5.9%+4.6pp | 2.4%+0.5pp | 17.1%+17.8pp | 1.8%+2.5pp | 1.3%+2.3pp | 1.9%+5.2pp | -0.7%+4.7pp | -0.6%+4.1pp |
| Return on Assets | 2.6%+1.9pp | 1.1%0.0pp | 10.2%+10.6pp | 1.0%+1.4pp | 0.7%+1.3pp | 1.1%+3.1pp | -0.4%+3.2pp | -0.3%+2.9pp |
| Current Ratio | 1.22-0.3x | 1.18-0.3x | 1.51+0.1x | 1.51+0.2x | 1.51+0.2x | 1.46+0.1x | 1.37-0.1x | 1.31-0.3x |
| Debt-to-Equity | 0.22+0.2x | 0.23-0.5x | 0.67-0.2x | 0.790.0x | 0.00-0.7x | 0.77+0.1x | 0.83+0.3x | 0.82+0.4x |
| Asset Turnover | 0.52-0.1x | 0.49-0.2x | 0.58-0.1x | 0.65-0.1x | 0.61+0.1x | 0.65+0.2x | 0.69+0.3x | 0.70+0.3x |
| FCF Margin | 14.0%+2.8pp | 10.5%-0.4pp | 7.2%-6.3pp | 6.5%+11.5pp | 11.2%+3.4pp | 10.9%+9.2pp | 13.5%+17.6pp | -5.1%+0.2pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Quinstreet QNST | FY2026 | $1.3B | $81.2M | 6.3% | $1.0B | 56/100 |
| Emerald Holding Inc EEX | FY2025 | $463.4M | -$30.7M | -6.6% | $997.5M | 42/100 |
| Criteo S.A. CRTO | FY2025 | $1.9B | $149.0M | 7.7% | $863.3M | 51/100 |
| Clear Channel Outdoor Hldgs In CCO | FY2025 | $1.6B | $19.9M | 1.2% | $1.2B | 41/100 |
| Integral Ad Science Holding Corp. IAS | FY2024 | $530.1M | $37.8M | 7.1% | $1.7B | 69/100 |
| Nexxen International NEXN | FY2025 | $364.8M | $25.0M | 6.9% | $544.5M | 44/100 |
Where Quinstreet Ranks
Frequently Asked Questions
What is Quinstreet's annual revenue?
Quinstreet (QNST) reported $1.3B in total revenue for fiscal year 2026. This represents a 18.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Quinstreet's revenue growing?
Quinstreet (QNST) revenue grew by 18.3% year-over-year, from $1.1B to $1.3B in fiscal year 2026.
Is Quinstreet profitable?
Yes, Quinstreet (QNST) reported a net income of $81.2M in fiscal year 2026, with a net profit margin of 6.3%.
What is Quinstreet's EBITDA?
Quinstreet (QNST) had EBITDA of $60.6M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Quinstreet have?
As of fiscal year 2026, Quinstreet (QNST) had $128.3M in cash and equivalents against $70.0M in long-term debt.
What is Quinstreet's gross margin?
Quinstreet (QNST) had a gross margin of 11.3% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Quinstreet's operating margin?
Quinstreet (QNST) had an operating margin of 2.7% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Quinstreet's net profit margin?
Quinstreet (QNST) had a net profit margin of 6.3% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Quinstreet's return on equity (ROE)?
Quinstreet (QNST) has a return on equity of 25.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Quinstreet's free cash flow?
Quinstreet (QNST) generated $127.9M in free cash flow during fiscal year 2026. This represents a 54.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Quinstreet's operating cash flow?
Quinstreet (QNST) generated $131.3M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Quinstreet's total assets?
Quinstreet (QNST) had $721.3M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Quinstreet's capital expenditures?
Quinstreet (QNST) invested $3.4M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Quinstreet spend on research and development?
Quinstreet (QNST) invested $37.3M in research and development during fiscal year 2026.
What is Quinstreet's current ratio?
Quinstreet (QNST) had a current ratio of 1.22 as of fiscal year 2026, which is considered adequate.
What is Quinstreet's debt-to-equity ratio?
Quinstreet (QNST) had a debt-to-equity ratio of 0.22 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Quinstreet's return on assets (ROA)?
Quinstreet (QNST) had a return on assets of 11.3% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Quinstreet's P/E ratio?
Quinstreet (QNST) trades at 12.5x earnings, its market capitalization divided by net income of $81.2M net income, FY2026. The market capitalization is $1.0B as of Sep 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Quinstreet's price-to-sales ratio?
Quinstreet (QNST) trades at 0.8x sales, its market capitalization divided by revenue of $1.3B revenue, FY2026. The market capitalization is $1.0B as of Sep 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Quinstreet's Altman Z-Score?
Quinstreet (QNST) has an Altman Z-Score of 3.49, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Quinstreet's Piotroski F-Score?
Quinstreet (QNST) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Quinstreet's earnings high quality?
Quinstreet (QNST) has an earnings quality ratio of 1.62x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Quinstreet cover its interest payments?
Quinstreet (QNST) has an interest coverage ratio of 8.06x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Quinstreet?
Quinstreet (QNST) scores 56 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.