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Quinstreet, Inc. (QNST) Fundamental Analysis & AI Grade 2026

QNST Nasdaq Services-Business Services, NEC CIK: 0001117297
Updated This Month • Analysis: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Grade
A
68% Confidence
N/A
A
68% Conf
Pending
Analysis scheduled

📊 QNST Key Takeaways

Revenue: $919.8M
Net Margin: 6.8%
Free Cash Flow: $75.6M
Current Ratio: 1.18x
Debt/Equity: 0.23x
EPS: $1.07
AI Grade: A with 68% confidence
Quinstreet, Inc. (QNST) receives a A fundamental grade with 68% confidence from our AI analysis based on SEC 10-K filings. With revenue of $919.8M, net profit margin of 6.8%, and return on equity (ROE) of 20.0%, Quinstreet, Inc. demonstrates strong fundamentals in the Services sector. Below is our complete QNST stock analysis for 2026.

Is Quinstreet, Inc. (QNST) a Good Investment?

Claude

QNST demonstrates strong financial health with robust free cash flow generation ($75.6M, 8.2% FCF margin) and conservative balance sheet management (0.23x debt-to-equity). The asset-light operational model with minimal capex requirements provides excellent cash conversion despite compressed operating margins, and solid ROE of 20% indicates efficient capital deployment.

Quinstreet, Inc. Key Strengths (QNST)

Claude
  • + Exceptional free cash flow generation ($75.6M) relative to minimal capex ($2.6M) indicating asset-light, self-sustaining business model
  • + Conservative balance sheet with low leverage (0.23x D/E) and strong cash position ($102.0M) providing financial flexibility
  • + Solid 20% return on equity and 8.8% ROA demonstrating effective capital efficiency and shareholder value generation
  • + Strong interest coverage ratio (7.3x) and healthy quick ratio (1.18x) confirming operational and liquidity resilience

QNST Stock Risks: Quinstreet, Inc. Investment Risks

Claude
  • ! Extremely thin operating margin of 1.8% indicates business sensitivity to cost management and operational efficiency with limited pricing power
  • ! Abnormal net income-to-operating income ratio ($62.1M vs $16.3M) suggests significant non-operating gains that may not recur; requires investigation into source of earnings gap
  • ! Anemic gross margin of 10.4% for services sector suggests either intense market competition or unfavorable cost structure requiring monitoring
  • ! Lack of year-over-year revenue and earnings growth data prevents assessment of business trajectory and long-term viability

Key Metrics to Watch

Claude
  • * Operating margin trend - critical to validate if thin margins stabilize or compress further
  • * Gross margin sustainability and composition of non-operating income
  • * Revenue growth rate and retention of customer base
  • * Free cash flow consistency and capex requirements as business scales

Quinstreet, Inc. (QNST) Financial Metrics & Key Ratios

Revenue
$919.8M
Net Income
$62.1M
EPS (Diluted)
$1.07
Free Cash Flow
$75.6M
Total Assets
$704.3M
Cash Position
$102.0M

💡 AI Analyst Insight

Quinstreet, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

QNST Profit Margin, ROE & Profitability Analysis

Gross Margin 10.4%
Operating Margin 1.8%
Net Margin 6.8%
ROE 20.0%
ROA 8.8%
FCF Margin 8.2%

QNST vs Services Sector: How Quinstreet, Inc. Compares

How Quinstreet, Inc. compares to Services sector averages

Net Margin
QNST 6.8%
vs
Sector Avg 10.0%
QNST Sector
ROE
QNST 20.0%
vs
Sector Avg 16.0%
QNST Sector
Current Ratio
QNST 1.2x
vs
Sector Avg 1.5x
QNST Sector
Debt/Equity
QNST 0.2x
vs
Sector Avg 0.7x
QNST Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Quinstreet, Inc. Stock Overvalued? QNST Valuation Analysis 2026

Based on fundamental analysis, Quinstreet, Inc. has mixed fundamental signals relative to the Services sector in 2026.

Return on Equity
20.0%
Sector avg: 16%
Net Profit Margin
6.8%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.23x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Quinstreet, Inc. Balance Sheet: QNST Debt, Cash & Liquidity

Current Ratio
1.18x
Quick Ratio
1.18x
Debt/Equity
0.23x
Debt/Assets
55.9%
Interest Coverage
7.28x
Long-term Debt
$70.0M

QNST Revenue & Earnings Growth: 5-Year Financial Trend

QNST 5-year financial data: Year 2020: Revenue $490.3M, Net Income $15.9M, EPS $0.32. Year 2021: Revenue $578.5M, Net Income $62.5M, EPS $1.18. Year 2022: Revenue $582.1M, Net Income $18.1M, EPS $0.34. Year 2023: Revenue $582.1M, Net Income $23.6M, EPS $0.43. Year 2024: Revenue $613.5M, Net Income -$5.2M, EPS $-0.10.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Quinstreet, Inc.'s revenue has grown significantly by 25% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.10 indicates the company is currently unprofitable.

QNST Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
8.2%
Free cash flow / Revenue

QNST Quarterly Earnings & Performance

Quarterly financial performance data for Quinstreet, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $269.8M $1.5M $0.03
Q2 2026 $282.6M -$1.5M $-0.03
Q1 2026 $279.2M -$1.4M $-0.02
Q3 2025 $168.6M $1.5M $0.03
Q2 2025 $122.7M -$1.5M $-0.03
Q1 2025 $123.9M -$1.4M $-0.02
Q3 2024 $168.6M -$479.0K $-0.01
Q2 2024 $122.7M -$8.0M $-0.15

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Quinstreet, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$78.2M
Cash generated from operations
Stock Buybacks
$16.8M
Shares repurchased (TTM)
Capital Expenditures
$2.6M
Investment in assets
Dividends
None
No dividend program

QNST SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Quinstreet, Inc. (CIK: 0001117297)

📋 Recent SEC Filings

Date Form Document Action
May 12, 2026 4 xslF345X06/edgardoc.xml View →
May 12, 2026 4 xslF345X06/edgardoc.xml View →
May 8, 2026 10-Q qnst-20260331.htm View →
May 7, 2026 8-K qnst-20260507.htm View →
Feb 12, 2026 4 xslF345X05/edgardoc.xml View →

Frequently Asked Questions about QNST

What is the AI rating for QNST?

Quinstreet, Inc. (QNST) has an AI grade of A with 68% confidence, based on fundamental analysis of SEC EDGAR filings.

What are QNST's key strengths?

Claude: Exceptional free cash flow generation ($75.6M) relative to minimal capex ($2.6M) indicating asset-light, self-sustaining business model. Conservative balance sheet with low leverage (0.23x D/E) and strong cash position ($102.0M) providing financial flexibility.

What are the risks of investing in QNST?

Claude: Extremely thin operating margin of 1.8% indicates business sensitivity to cost management and operational efficiency with limited pricing power. Abnormal net income-to-operating income ratio ($62.1M vs $16.3M) suggests significant non-operating gains that may not recur; requires investigation into source of earnings gap.

What is QNST's revenue and growth?

Quinstreet, Inc. reported revenue of $919.8M.

Does QNST pay dividends?

Quinstreet, Inc. does not currently pay dividends.

Where can I find QNST SEC filings?

Official SEC filings for Quinstreet, Inc. (CIK: 0001117297) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is QNST's EPS?

Quinstreet, Inc. has a diluted EPS of $1.07.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is QNST's fundamental grade?

Based on our AI fundamental analysis in May 2026, Quinstreet, Inc. has a A grade with 68% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is QNST stock overvalued or undervalued?

Valuation metrics for QNST: ROE of 20.0% (sector avg: 16%), net margin of 6.8% (sector avg: 10%). Higher ROE suggests strong returns relative to peers.

What is QNST's AI grade for 2026?

Our dual AI analysis gives Quinstreet, Inc. a combined A grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is QNST's free cash flow?

Quinstreet, Inc.'s operating cash flow is $78.2M, with capital expenditures of $2.6M. FCF margin is 8.2%.

How does QNST compare to other Services stocks?

Vs Services sector averages: Net margin 6.8% (avg: 10%), ROE 20.0% (avg: 16%), current ratio 1.18 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI