NerdWallet, Inc. (NRDS) — Financial statements
Income statement, balance sheet, and cash flow for NerdWallet, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 837↑21.7% | 688↑14.7% | 599↑11.2% | 539↑42.0% | 380 | |
| Cost of Revenue | 64↑0.3% | 64↑17.6% | 54↑35.7% | 40↑39.6% | 29 | |
| Gross Profit | 773↑23.8% | 624↑14.4% | 545↑9.3% | 499↑42.2% | 351 | |
| Operating Expenses | ||||||
| R&D Expenses | 67↓19.2% | 83↑2.5% | 81↑3.7% | 78↑24.8% | 62 | |
| General & Administrative Expenses | 56↓8.6% | 62↑3.0% | 60↑2.7% | 58↑51.2% | 39 | |
| Selling & Marketing Expenses | 585↑24.2% | 471↑17.2% | 402↑6.9% | 376↑38.4% | 271 | |
| SG&A Expenses | 641↑20.4% | 532↑15.4% | 461↑6.3% | 434↑40.0% | 310 | |
| Other Expenses | -4 | 0.00 | 0.00↓100.0% | 7↓63.0% | 18 | |
| Operating Expenses | 703↑14.4% | 615↑13.5% | 542↑4.6% | 518↑32.8% | 390 | |
| Total Costs & Expenses | 767↑13.1% | 678↑13.8% | 596↑6.8% | 558↑33.3% | 419 | |
| Operating Results | ||||||
| Operating Income | 70↑640.4% | 9↑161.1% | 4↑118.9% | -19↑51.3% | -39 | |
| Depreciation & Amortization | 46↓4.1% | 48↑0.4% | 48↑30.3% | 37↑5.7% | 35 | |
| EBITDA | 116↑114.4% | 54↓2.2% | 55↑183.6% | 20↑1492.9% | -1 | |
| EBIT | 70↑1121.1% | 6↓19.7% | 7↑140.6% | -18↑51.9% | -36 | |
| Interest & Other Income | ||||||
| Net Interest Income | 3↓36.6% | 4↑46.4% | 3↑380.0% | -1↑23.1% | -1 | |
| Interest Income | 3↓33.3% | 5↑33.3% | 4↑140.0% | 2 | 0.00 | |
| Interest Expense | 0.60↓14.3% | 0.70↓12.5% | 0.80↓68.0% | 3↑92.3% | 1 | |
| Non-Operating Income | 0.00↓100.0% | 4↑205.7% | -4↓133.3% | -2↑42.3% | -3 | |
| Other Income / Expenses | -1↑68.2% | -4↓263.0% | 3↑370.0% | -1↓176.9% | 1 | |
| Income Before Tax | 68↑1264.0% | 5↓20.6% | 6↑131.5% | -20↑46.9% | -38 | |
| Income Tax Expense | 20↑176.8% | -25↓240.3% | 18↑284.7% | -10↓304.2% | 5 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 49↑60.2% | 30↑357.6% | -12↓15.7% | -10↑76.0% | -43 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 49↑60.2% | 30↑357.6% | -12↓15.7% | -10↑76.0% | -43 | |
| Bottom-Line Net Income | 49↑60.2% | 30↑357.6% | -12↓15.7% | -10↑76.0% | -43 | |
| EPS (Basic) | 0.66↑65.0% | 0.40↑366.7% | -0.15↓7.1% | -0.14↑77.8% | -0.63 | |
| EPS (Diluted) | 0.64↑64.1% | 0.39↑360.0% | -0.15↓7.1% | -0.14↑77.8% | -0.63 | |
| Weighted Average Shares | 74↓2.9% | 77↓0.3% | 77↑8.6% | 71↑5.3% | 67 | |
| Weighted Average Diluted Shares | 76↓3.8% | 79↑2.9% | 77↑8.6% | 71↑5.3% | 67 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.