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NRDSNerdWallet, Inc.
$9.50$692M
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NRDS logoNerdWallet, Inc.(NRDS)Earnings, Financials & Key Ratios

NRDS•NASDAQ
$9.50
14.8× P/E·Price updated Jul 7, 2026
SectorFinancial ServicesIndustryCredit ServicesSub-IndustryCredit Servicing and Structured Finance
AboutNerdWallet, 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.Show more
  • EBITDA$116M+100.7%
  • Net Income$49M+60.2%
  • EPS (Diluted)0.64+64.1%
  • Gross Margin92.39%+1.8%
  • EBITDA Margin13.87%+64.9%
  • Operating Margin8.32%+508.5%
  • Net Margin5.82%+31.7%
  • ROE13.19%+58.5%

NRDS Price & Volume

NerdWallet, Inc. (NRDS) stock price & volume — 10-year historical chart

Loading chart...

Revenue Scaling Masks Persistent Operating Margin Volatility

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Expanding
Profitability:Strained
Financial:Adequate
Cash Flow:Mixed
Primary Risk:Search engine algorithm dependency

Key Thesis Takeaways

  • NerdWallet demonstrates impressive top-line growth, with revenue expanding from $133.7 million in 2023Q4 to $222.2 million in 2026Q1, yet the company struggles to translate this into consistent profitability due to high marketing-driven SG&A expenses.
  • While the asset-light model supports gross margins consistently above 90%, the reliance on search engine traffic and aggressive share repurchases—totaling $66 million in 2026Q1—creates significant earnings quality concerns.
  • Investors should monitor whether the company can achieve sustainable operating leverage or if its negative retained earnings of $233.9 million signal deeper structural challenges.

Verdict Logic

while the forward P/E of 9.97 appears attractive, the company's inability to maintain positive retained earnings, which reached -$233.9 million in 2026Q1, warrants caution regarding long-term capital sustainability.

NRDS Growth Metrics

NerdWallet, Inc. (NRDS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years27.81%
3 Years15.79%
TTM-

Profit CAGR

10 Years-
5 Years55.83%
3 Years-
TTM133.56%

EPS CAGR

10 Years-
5 Years51.38%
3 Years-
TTM136.1%

Return on Capital

10 Years3.75%
5 Years0.21%
3 Years7.2%
Last Year18.13%

NRDS Recent Earnings

NerdWallet, Inc. (NRDS) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
May 6, 2026
Metric
Actual
Est
EPS
$0.29+16.0%
$0.25
Rev
$222M-2.4%
$228M
Q1 2026
Feb 25, 2026
Metric
Actual
Est
EPS
$0.19+11.8%
$0.17
Rev
$225M+6.7%
$211M
Q4 2025
Nov 6, 2025
Metric
Actual
Est
EPS
$0.34+70.0%
$0.20
Rev
$215M+1.8%
$211M
Q3 2025
Aug 7, 2025
Metric
Actual
Est
EPS
$0.11+0.0%
$0.11
Rev
$187M-6.1%
$199M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 6, 2026
$0.29vs $0.25+16.0%
$222Mvs $228M-2.4%
Q1 2026Feb 25, 2026
$0.19vs $0.17+11.8%
$225Mvs $211M+6.7%
Q4 2025Nov 6, 2025
$0.34vs $0.20+70.0%
$215Mvs $211M+1.8%
Q3 2025Aug 7, 2025
$0.11vs $0.11+0.0%
$187Mvs $199M-6.1%
Based on last 12 quarters of dataView full earnings history →

Latest NRDS News

Recent stock market news and headlines for NerdWallet, Inc. (NRDS)

Seeking Alpha·Jun 29, 2026
NerdWallet: Priced For A Melt That Isn't Happening

NerdWallet is rated a Strong Buy with a $12 price target, reflecting 43% upside and a conservative valuation floor. NRDS is successfully pivoting from SEO-dependent referrals to higher-margin, vertically integrated transactions, driving revenue and free cash flow growth despite declining traffic. The company trades at just 3.5x 2025 EBITDA and an 18% free cash flow yield, well below peers, with robust buybacks providing downside support.

GuruFocus·Jun 16, 2026
NerdWallet's June 2026 Financial Resilience Index Holds Steady at 61.6

[url="]NerdWallet Inc. [/url](Nasdaq: NRDS), which provides trustworthy financial guidance to consumers and small and mid-sized businesses (SMBs), today publis

Business Wire·Jun 16, 2026
NerdWallet's June 2026 Financial Resilience Index Holds Steady at 61.6

SAN FRANCISCO--(BUSINESS WIRE)--NerdWallet's June 2026 Financial Resilience Index holds steady at 61.6, indicating moderate financial resilience.

Peers Comparison

Key metrics vs top competitors for NerdWallet, Inc. (NRDS)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
NRDS logoNRDSNerdWallet, Inc.Current
$9.50$691.62M14.8421.67%5.82%13.19%—
TREE logoTREELendingTree, Inc.
$45.14$625.45M4.1924.12%15.02%85.96%—
BFIN logoBFINBankFinancial Corporation
$12.00$149.53M36.364.52%3.19%1.48%—
QNST logoQNSTQuinStreet, Inc.
$16.27$934.64M201.6178.27%5.53%23.85%—
EVO logoEVOEvotec SE
$2.85$1.01B-8.91-4.98%-26.3%-23.71%—
SOFI logoSOFISoFi Technologies, Inc.
$17.75$22.77B45.5128.78%11.22%6.25%—

Compare NRDS vs Peers

NerdWallet, Inc. (NRDS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs TREE

Most directly comparable listed peer for NRDS.

Scale Benchmark

vs GOOGL

Larger-name benchmark to compare NRDS against a more recognizable public peer.

Peer Set

Compare Top 5

vs TREE, BFIN, QNST, EVO

NRDS SEC Filings & Documents

NerdWallet, Inc. (NRDS) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 6, 2026·SEC

Material company update

Mar 26, 2026·SEC

Material company update

Feb 25, 2026·SEC

10-K Annual Reports

4
FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 19, 2025·SEC

FY 2024

Feb 20, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 6, 2026·SEC

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 7, 2025·SEC

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NRDS Frequently Asked Questions

NerdWallet, Inc. (NRDS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is NerdWallet, Inc.'s revenue?

NerdWallet, Inc. (NRDS) reported $849.6M in revenue for fiscal year 2025.

How fast is NerdWallet, Inc. growing?

NerdWallet, Inc. (NRDS) grew revenue by 21.7% over the past year. This is strong growth.

Is NRDS profitable?

Yes, NerdWallet, Inc. (NRDS) is profitable, generating $68.9M in net income for fiscal year 2025 (5.8% net margin).

Dividend & Returns
What is NRDS's return on equity?

NerdWallet, Inc. (NRDS) has a return on equity (ROE) of 13.2%. This is reasonable for most industries.

What is NerdWallet, Inc.'s free cash flow?

NerdWallet, Inc. (NRDS) generated $130.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in NRDS back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

See returns →