QuinStreet Inc (QNST)
Pretax margin
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 5,633 | 209 | -12,288 | -21,996 | -30,396 | -34,000 | -27,958 | -26,038 | -21,362 | -18,530 | -16,133 | -14,569 | -5,761 | 1,381 | 6,476 | 13,802 | 29,428 | 26,605 | 35,043 | 36,697 |
| Revenue (ttm) | US$ in thousands | 1,093,711 | 1,029,978 | 928,723 | 768,810 | 613,514 | 545,505 | 549,589 | 560,954 | 580,624 | 596,814 | 574,801 | 566,084 | 582,099 | 586,795 | 589,189 | 598,826 | 578,487 | 544,250 | 519,861 | 502,994 |
| Pretax margin | 0.52% | 0.02% | -1.32% | -2.86% | -4.95% | -6.23% | -5.09% | -4.64% | -3.68% | -3.10% | -2.81% | -2.57% | -0.99% | 0.24% | 1.10% | 2.30% | 5.09% | 4.89% | 6.74% | 7.30% |
June 30, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $5,633K ÷ $1,093,711K
= 0.52%
The pretax margin of QuinStreet Inc has exhibited a significant declining trend over the analyzed period. Starting from a positive 7.30% on September 30, 2020, the margin progressively decreased, reflecting a reduction in profitability before taxes. Throughout 2021, the company's pretax margin continued to decline, reaching 2.30% by September 30, 2021, and subsequently dropping below zero to -2.81% by the end of 2022. This negative margin persisted into 2023, with values such as -3.10% on March 31, 2023, and further decline to -6.23% by March 31, 2024.
Although there are indications of some improvement in the latter part of 2024 and into 2025, with the margin reaching -1.32% on December 31, 2024, and turning positive to 0.02% on March 31, 2025, the overall trend remains predominantly negative. The data suggests ongoing pressure on profitability before taxes over the analyzed period, with a meaningful shift from consistent profitability to sustained losses, and eventual signs of a potential recovery starting in early 2025.
Peer comparison
Jun 30, 2025