NERDWALLET, INC. (NRDS) Form 10-Q — Aug 6, 2026
NerdWallet's Q2 2026 revenue rose 6% year over year to $197.3 million, but net income fell 48% to $4.3 million ($0.07 diluted EPS) as sales and marketing expense jumped 14% to $145.4 million, driven by a $26.6 million increase in performance marketing spend. First-half net income more than tripled to $24.7 million on operating cash flow of $76.9 million. Consumer revenue grew 8% to $175.2 million on strength in deposit accounts and personal loans, but SMB revenue declined 11% to $22.1 million and consumer credit card revenue fell $8.6 million, which the company attributed to organic search traffic pressures that have persisted for multiple quarters.
Key figures
- Eps
- 0.07
- Revenue
- 197.3
- Net Income
- 4.3
- Revenue Yoy
- +6%
- Total Assets
- 418
- Cash Position
- 62
- Smb revenue yoy
- -11%
- H1 buybacks musd
- 89.2
- H1 buyback shares m
- 8.7
- Smb revenue q2 musd
- 22.1
- Consumer revenue yoy
- +8%
- H1 2026 revenue musd
- 419.5
- Q2 2025 revenue musd
- 186.9
- Adjusted ebitda q2 yoy
- -31%
- H1 2026 net income yoy
- +195%
- Adjusted ebitda q2 musd
- 23.1
- H1 2026 net income musd
- 24.7
- Consumer revenue q2 musd
- 175.2
- Effective tax rate q2 pct
- 41.2
- Class a shares outstanding
- 32237522
- Class b shares outstanding
- 31685652
- H1 operating cash flow musd
- 76.9
- Performance marketing q2 musd
- 116.1
- Q2 income from operations yoy
- -35%
- Q2 income from operations musd
- 7
- Revolving credit facility musd
- 125
- Sales marketing expense q2 musd
- 145.4
- Warehouse line outstanding musd
- 5.1
- College finance acquisition musd
- 17.2
- Credit facility outstanding musd
- 0
- Non gaap operating income q2 musd
- 12.2
- Remaining buyback authorization musd
- 67
- Feb 2026 buyback authorization increase musd
- 100
Price after filing
Close on the filing date to close N calendar days later (from $9.26). Historical, not a forecast.
AI analysis
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