QNSTQUINSTREET, INC
Services-Business Services, NEC
- Revenue
- $1.3B
- 18% YoY
- Operating margin
- 2.7%
- 384% YoY
- EBITDA
- $61M
- 97% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -1.0×
- −$58M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear162% of net incomeCash flow under 80% of net income
- Dilutive SBCClear3% of revenueOver 10% of revenue
- Payouts exceed cash flowClear24% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear36% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $582M | $581M | $614M | $1.1B | $1.3B | 18% |
| Operating income | −$5M | −$21M | −$28M | $6M | $35M | 472% |
| Net income | −$5M | −$69M | −$31M | $5M | $81M | 1626% |
| Operating cash flow | $29M | $12M | $12M | $85M | $131M | 55% |
| Capex | $3M | $3M | $5M | $2M | $3M | 64% |
| Stock-based comp | $19M | $19M | $24M | $32M | $37M | 18% |
| Buybacks | $15M | $6M | $2M | $0 | $31M |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $7M | $5M | 79 | 118 |
| FY2025 | $8M | $7M | 87 | 109 |
| FY2024 | $6M | $12M | 89 | 95 |
| FY2023 | $5M | $3M | 48 | 70 |
| FY2022 | $4M | −$595K | 54 | 63 |