NERDWALLET, INC. (NRDS)
NerdWallet, Inc. operates an online platform dedicated to providing tailored financial advice for both individual consumers and small to medium-sized businesses. The company facilitates connections between these users and various financial product providers. Its guidance is delivered through a comprehensive suite of resources, including educational articles, interactive tools and calculators, and specialized product marketplaces, all accessible via its website and the NerdWallet mobile application. Key financial areas covered encompass credit cards, mortgages, insurance, business finance solutions, personal loans, banking, investment strategies, and student lending. Serving customers in the United States, the United Kingdom, and Canada, NerdWallet was founded in San Francisco, California, in 2009.
Sector: Services-Computer Processing & Data Preparation
Industry: Internet Content & Information
NerdWallet, Inc.
NASDAQ:NRDSFinancial Services · Financial - Credit Services
-1.45%$10.84
CLOSED · Nov 3Prev close$11.00-1.45%Close$10.84-0.37%AH close$10.80
AH$10.80-0.37%vs close
Mkt Cap$692.93M
Float28.57M
O/S63.92M
VOL696K sh
$ Vol$7.54M
RVOL0.94×
Inst Own43.9%
EarningsNov 5 · Tomorrow
Dilution
Financials Summary
Revenue$836.6M
Net Income$48.7M
Total Assets$461.1M
Free Cash Flow$130.3M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$374.5M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in NRDS's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$461.1M
Liabilities$86.6M
Accounts Receivable$111M
Accounts Payable$5.4M
Inventory$0
PP&E (Net)$38.9M
Goodwill$123.5M
Intangible Assets$21.5M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Revenue | $836.6M | $687.6M | $599.4M | $538.9M | $379.6M | $245.3M | $228.3M |
| YoY Growth | 21.7% | 14.7% | 11.2% | 42.0% | 54.7% | 7.4% | - |
| Cost of Revenue | $63.7M | $63.5M | $54M | $39.8M | $28.5M | $21.3M | $16.1M |
| Gross Profit | $772.9M | $624.1M | $545.4M | $499.1M | $351.1M | $224M | $212.2M |
| Gross Margin | 92.4% | 90.8% | 91.0% | 92.6% | 92.5% | 91.3% | 92.9% |
| Research and Development | $66.7M | $82.5M | $80.5M | $77.6M | $62.2M | $50.9M | $46M |
| Selling, General, and Administrative | $641M | $532.2M | $461.3M | $433.8M | $309.8M | $172M | $137.8M |
| Other | -$4.4M | $0 | $0 | $6.7M | $18.1M | -$800K | $0 |
| Total Operating Expenses | $703.3M | $614.7M | $541.8M | $518.1M | $390.1M | $222.1M | $183.8M |
| Operating Income (EBIT) | $69.6M | $9.4M | $3.6M | -$19M | -$39M | $1.9M | $28.4M |
| Operating Margin | 8.3% | 1.4% | 0.6% | -3.5% | -10.3% | 0.8% | 12.4% |
| Interest Expense | $600K | $700K | $800K | $2.5M | $1.3M | $1.1M | $1.1M |
| Interest Income | $3.2M | $4.8M | $3.6M | $1.5M | $0 | $200K | $1.1M |
| Other Income (Expense) | -$1.4M | -$4.4M | $2.7M | -$1M | $1.3M | -$1M | -$500K |
| Income Before Tax (EBT) | $68.2M | $5M | $6.3M | -$20M | -$37.7M | $900K | $27.9M |
| Income Tax Expense | $19.5M | -$25.4M | $18.1M | -$9.8M | $4.8M | -$4.4M | $3.7M |
| Net Income | $48.7M | $30.4M | -$11.8M | -$10.2M | -$42.5M | $5.3M | $24.2M |
| Net Income Margin | 5.8% | 4.4% | -2.0% | -1.9% | -11.2% | 2.2% | 10.6% |
| Supplementary Data | |||||||
| EPS | 0.66 | 0.40 | -0.15 | -0.14 | -0.63 | 0.08 | 0.37 |
| Diluted EPS | 0.64 | 0.39 | -0.15 | -0.14 | -0.63 | 0.08 | 0.37 |
| Weighted Average OS | 74.30M | 76.50M | 76.70M | 70.60M | 67.07M | 65.83M | 65.83M |
| EBITDA | $116M | $54.1M | $55.3M | $19.5M | -$9.3M | $17.1M | $38.4M |
| EBITDA Margin | 13.9% | 7.9% | 9.2% | 3.6% | -2.4% | 7.0% | 16.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $98.3M | $66.3M | $100.4M | $83.9M | $167.8M | $83.4M | $67.6M |
| Short-Term Investments | $0 | $2.2M | $2.1M | $2M | $2M | $2M | $0 |
| Cash and Short-Term Investments | $98.3M | $68.5M | $102.5M | $85.9M | $169.8M | $85.4M | $67.6M |
| Accounts Receivable | $111M | $109M | $81M | $92.8M | $60.6M | $38.7M | $37.3M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $35.4M | $4.6M | $1.4M | $100K | $400K | $100K | $200K |
| Total Current Assets | $244.7M | $196.7M | $198.4M | $189.2M | $242.8M | $129.4M | $107.9M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $38.9M | $48.3M | $59.8M | $60.4M | $48.8M | $41.7M | $34.1M |
| Goodwill | $123.5M | $112.4M | $111.5M | $111.2M | $43.8M | $43.8M | $300K |
| Intangible Assets | $21.5M | $33.3M | $46.9M | $64.1M | $27.6M | $35.6M | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $29.4M | $45.6M | $0 | $0 | $0 | $4.1M | $2.3M |
| Other Long-Term Assets | $3.1M | $1.3M | $2M | $800K | $1.1M | $600K | $0 |
| Total Long-Term Assets | $216.4M | $240.9M | $220.2M | $236.5M | $121.3M | $125.8M | $36.7M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $461.1M | $437.6M | $418.6M | $425.7M | $364.1M | $255.2M | $144.6M |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $5.4M | $8.9M | $1.7M | $3.6M | $3.2M | $5.4M | $1.8M |
| Short-Term Debt | $0 | $2.5M | $0 | $0 | $0 | $0 | $5M |
| Current Income Tax Payable | $0 | $3.1M | $0 | $0 | $1.6M | $1.4M | $0 |
| Current Unearned Revenue | $0 | $33.7M | $25.3M | $26.1M | $22.1M | $8.1M | $10.5M |
| Other Current Liabilities | $65.5M | $4.8M | $4.5M | $38.2M | $34.4M | $400K | $0 |
| Total Current Liabilities | $70.9M | $60.1M | $37.3M | $72.4M | $65.8M | $24M | $26.9M |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $30.3M | $30.7M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $200K | $700K | $1.2M | $1.8M | $1.5M | $0 |
| Other Long-Term Liabilities | $15.7M | $9M | $7.5M | $800K | $26.2M | $109.3M | $72.4M |
| Total Long-Term Liabilities | $15.7M | $13.3M | $14.4M | $11.6M | $40.7M | $148.5M | $109.7M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $86.6M | $73.4M | $51.7M | $84M | $106.5M | $172.5M | $136.6M |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$188.1M | -$166.5M | -$116.5M | -$84.7M | -$74.5M | -$17.7M | -$20.2M |
| Comprehensive Income & Other | $100K | -$200K | -$300K | -$900K | $500K | $600K | $0 |
| Other Stockholders' Equity | $562.6M | $530.7M | $483.4M | $426.4M | $332.1M | $100.4M | $28.2M |
| Total Equity | $374.5M | $364.2M | $366.9M | $341.7M | $257.6M | $82.7M | $8M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $461.1M | $437.6M | $418.6M | $425.7M | $364.1M | $255.2M | $144.6M |
| Supplementary Data | |||||||
| Total Debt | $0 | $8.9M | $9.6M | $12.7M | $15.1M | $45.1M | $49.4M |
| Net Debt | -$98.3M | -$57.4M | -$90.8M | -$71.2M | -$152.7M | -$38.3M | -$18.2M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | |||||||
| Net Income | $48.7M | $30.4M | -$11.8M | -$10.2M | -$42.5M | $5.3M | $24.2M |
| Depreciation & Amortization | $46.4M | $48.4M | $48.2M | $37M | $27.1M | $15.1M | $9.4M |
| Deferred Income Tax | $16M | -$46.1M | -$500K | -$12.6M | $4.4M | -$4.6M | $1.4M |
| Stock-Based Compensation | $28.6M | $37.7M | $38.8M | $34.4M | $17.9M | $6.4M | $5M |
| Changes in Working Capital: | |||||||
| Accounts Receivable | -$9.4M | -$27M | $10.7M | -$18.7M | -$20.2M | $1M | -$12.9M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$3.6M | $6.6M | -$1.8M | -$5.6M | -$2.2M | $3.6M | -$300K |
| Other Working Capital | $900K | $11M | -$14.1M | $1.6M | -$1.2M | -$17.3M | -$3.1M |
| Total Working Capital Change | -$12.1M | -$9.4M | -$5.2M | -$22.7M | -$23.6M | -$12.7M | -$16.3M |
| Other Non-Cash Items | $4M | $10.8M | $2.6M | -$900K | $23.9M | $5.9M | $7.7M |
| Net Cash from Operating | $131.6M | $71.8M | $72.1M | $25M | $7.2M | $15.4M | $31.4M |
| Investing Activities | |||||||
| Capital Expenditures | -$1.3M | -$600K | -$700K | -$4.6M | -$2.3M | -$18.7M | -$14.8M |
| Acquisitions | $0 | -$300K | $0 | -$68.1M | $0 | -$36.7M | $0 |
| Purchases of Investments | -$2M | -$8.1M | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$30M | -$20.7M | -$28.8M | -$27.6M | -$20.7M | $0 | $0 |
| Net Cash from Investing | -$33.3M | -$29.7M | -$29.5M | -$100.3M | -$23M | -$55.4M | -$14.8M |
| Financing Activities | |||||||
| Debt Repaid | -$4.4M | $2M | $1.4M | - | $28.5M | $5M | - |
| Common Stock Issuance | $3.2M | $0 | $0 | $12.2M | $140M | $54.3M | $0 |
| Common Stock Repurchases | -$70.2M | -$80.1M | -$20M | $0 | -$12.9M | -$1.2M | -$2.3M |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$3.5M | $5.6M | -$4.8M | -$20.6M | $3.7M | $7.6M | $900K |
| Net Cash from Financing | -$66.1M | -$76.5M | -$26.2M | -$8.4M | $100.2M | $55.7M | -$1.4M |
| Forex Effect | -$200K | $300K | $100K | -$200K | $0 | $100K | $0 |
| Net Change in Cash | $32M | -$34.1M | $16.5M | -$83.9M | $84.4M | $15.8M | $15.2M |
| Supplementary Data | |||||||
| Operating Cash Flow | $131.6M | $71.8M | $72.1M | $25M | $7.2M | $15.4M | $31.4M |
| Capital Expenditure | -$1.3M | -$600K | -$29.5M | -$32.2M | -$23M | -$18.7M | -$14.8M |
| Free Cash Flow | $130.3M | $71.2M | $42.6M | -$7.2M | -$15.8M | -$3.3M | $16.6M |
| Cash at Beginning | $66.3M | $100.4M | $83.9M | $167.8M | $83.4M | $67.6M | $52.4M |
| Cash at End | $98.3M | $66.3M | $100.4M | $83.9M | $167.8M | $83.4M | $67.6M |