QUINSTREET, INC
For the period ended Jun 30, 2025. Filed Aug 21, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Aug 21, 2025
QNST$18.65-2.0%Stored close · as of Nov 10, 2026
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Consolidated Statements of Operations and Comprehensive Income (Loss)
(In thousands, except per share data)
| Fiscal Year Ended June 30, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Net revenue | $1,093,711 | $613,514 | $580,624 |
| Cost of revenue (1) | 982,840 | 567,268 | 532,101 |
| Gross profit | 110,871 | 46,246 | 48,523 |
| Operating expenses: (1) | |||
| Product development | 33,872 | 30,045 | 28,893 |
| Sales and marketing | 18,289 | 13,607 | 12,542 |
| General and administrative | 52,517 | 30,659 | 27,904 |
| Operating income (loss) | 6,193 | (28,065) | (20,816) |
| Interest income | 23 | 408 | 296 |
| Interest expense | (400) | (680) | (790) |
| Other (expense), net | (183) | (2,059) | (52) |
| Income (loss) before income taxes | 5,633 | (30,396) | (21,362) |
| (Provision for) income taxes | (926) | (935) | (47,504) |
| Net income (loss) | $4,707 | $(31,331) | $(68,866) |
| Comprehensive income (loss): | |||
| Net income (loss) | $4,707 | $(31,331) | $(68,866) |
| Other comprehensive income (loss): | |||
| Foreign currency translation adjustment | — | (2) | (5) |
| Comprehensive income (loss) | $4,707 | $(31,333) | $(68,871) |
| Net income (loss) per share: | |||
| Basic | $0.08 | $(0.57) | $(1.28) |
| Diluted | $0.08 | $(0.57) | $(1.28) |
| Weighted-average shares used in computing net income (loss) per share: | |||
| Basic | 56,477 | 54,917 | 53,799 |
| Diluted | 58,300 | 54,917 | 53,799 |
(1)
Cost of revenue and operating expenses include stock-based compensation expense as follows:
| Cost of revenue | $11,658 | $8,409 | $7,923 |
|---|---|---|---|
| Product development | 4,386 | 3,147 | 2,880 |
| Sales and marketing | 4,408 | 2,968 | 2,298 |
| General and administrative | 11,314 | 9,177 | 5,685 |
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