NRDS - NASDAQ
NerdWallet, Inc.
$8.02
-4.8%NerdWallet, Inc. operates a digital platform that provides consumer-driven advice about personal finance by connecting individuals and small and mid-sized businesses with financial products providers. The company's platform offers guidance to consumers through educational content, tools and calculators, and product marketplaces, as well as NerdWallet app for various financial products, including credit cards, mortgages, insurance, SMB products, personal loans, banking, investing, and student loans. It serves customers in the United States, the United Kingdom, and Canada. The company was founded in 2009 and is based in San Francisco, California.
At a Glance
Live SnapshotNerdWallet, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Acceptable margins but limited operational leverage. Operating expense control is important.
Net Profit Margin
Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.
Effective Tax Rate
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
Profitability Insight
Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.
NerdWallet, Inc. Income Statement
NRDS • NASDAQ
| NerdWallet, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
REVENUE | |||||||
836.6M | 687.6M | 599.4M | 538.9M | 379.6M | 245.3M | 228.3M | |
GROSS PROFIT | |||||||
(63.7M) | (63.5M) | (54M) | (39.8M) | (28.5M) | (21.3M) | (16.1M) | |
772.9M | 624.1M | 545.4M | 499.1M | 351.1M | 224M | 212.2M | |
OPERATING INCOME | |||||||
(703.3M) | (614.7M) | (541.8M) | (518.1M) | (390.1M) | (222.1M) | (183.8M) | |
(641M) | (532.2M) | (461.3M) | (433.8M) | (309.8M) | (172M) | (137.8M) | |
(66.7M) | (82.5M) | (80.5M) | (77.6M) | (62.2M) | (50.9M) | (46M) | |
69.6M | 9.4M | 3.6M | -19M | -39M | 1.9M | 28.4M | |
PRE-TAX INCOME | |||||||
(600K) | (700K) | (800K) | (2.5M) | (1.3M) | (1.1M) | (1.1M) | |
2.6M | 4.1M | 2.8M | -1M | -1.3M | -900K | 0.0 | |
-4.4M | (0.0) | (0.0) | (6.7M) | (18.1M) | -800K | (0.0) | |
-1.4M | -4.4M | 2.7M | -1M | 1.3M | -1M | -500K | |
68.2M | 5M | 6.3M | -20M | -37.7M | 900K | 27.9M | |
NET INCOME | |||||||
(19.5M) | -25.4M | (18.1M) | -9.8M | (4.8M) | -4.4M | (3.7M) | |
48.7M | 30.4M | -11.8M | -10.2M | -42.5M | 5.3M | 24.2M |
SEC Filings
NRDS - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 21, 2026 | May 21, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 06, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 06, 2026 | May 06, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 14, 2026 | May 21, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 26, 2026 | March 19, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 25, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 25, 2026 | February 25, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 17, 2025 | December 16, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 06, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 06, 2025 | November 06, 2025 | 2025 |
Related Guides
Continue your NRDS research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.