QuinStreet, Inc. — Earnings Quality Grade C
QNST · Communication Services
Some red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 45 days, change -21 days YoY
AR growth 21.5% vs revenue growth 78.3%
Revenue 78.3%, CFFO 605.9%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth -31.6% vs revenue 78.3%. Normal
SG&A/Gross Profit = 63.9%. Normal
Gross margin 10.1%, change +2.6pp. Stable
Cash Flow Quality
CFFO far exceeds NI (ratio 18.1x). Non-cash charges depressing profits
FCF $0.1B, FCF/NI = 15.62
Accruals ratio = -18.6%. Low accruals
Cash $0.1B covers debt $0.0B
Balance Sheet Health
Goodwill+Intangibles $0.2B = 63% of equity. Over 50%
Debt/EBITDA = 0.3x. Healthy
Other assets -8.0% vs revenue 78.3%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
Goodwill+Intangibles change -6% YoY. Normal
Manipulation Score
M-Score = -3.19 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25