NerdWallet Reports First Quarter Results
NerdWallet reported Q1 revenue of $222.2 million, up 6% year-over-year, with GAAP net income rising to $20.4 million from $0.2 million in the prior year. Consumer revenue increased 10% to $197.6 million, driven by strength in banking and personal loans, while SMB revenue declined 15% to $24.6 million due to search headwinds.
Key figures
- Eps
- 0.29
- Revenue
- 222200000
- Guidance
- Q2 revenue $186-$202 million; FY26 Adjusted EBITDA $132-$157 million
- Revenue Yoy
- 6%
- Smb revenue
- 24600000
- Adjusted ebitda
- 45200000
- Consumer revenue
- 197600000
- Gaap operating income
- 27200000
AI analysis
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