NerdWallet, Inc. (NRDS)

NerdWallet Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	771.2	687.6	599.4	538.9	379.6	245.3
Revenue Growth (YoY)	28.75%	14.71%	11.23%	41.97%	54.75%	7.45%
Cost of Revenue	69.2	63.5	54	39.8	28.5	21.3
Gross Profit	702	624.1	545.4	499.1	351.1	224
Selling, General & Admin	601.5	532.2	461.3	433.8	309.8	172
Research & Development	73.8	82.5	80.5	77.6	62.2	50.9
Other Operating Expenses	-	-	-	6.7	18.1	-0.8
Total Operating Expenses	675.3	614.7	541.8	518.1	390.1	222.1
Operating Income	26.7	9.4	3.6	-19	-39	1.9
Total Non-Operating Income (Expense)	-5.4	-4.4	2.7	-1	1.3	-1
Pretax Income	21.3	5	6.3	-20	-37.7	0.9
Provision for Income Taxes	-25.8	-25.4	18.1	-9.8	4.8	-4.4
Net Income	47.1	30.4	-11.8	-10.2	-42.5	5.3
Net Income to Common	47.1	30.4	-11.8	-10.2	-42.5	5.3
Net Income Growth	-	-	-	-	-	-78.10%
Shares Outstanding (Basic)	75	77	77	71	52	44
Shares Outstanding (Diluted)	79	79	77	71	52	56
Shares Change (YoY)	0.80%	2.87%	8.64%	36.03%	-7.81%	3.68%
EPS (Basic)	0.62	0.40	-0.15	-0.14	-0.82	0.12
EPS (Diluted)	0.60	0.38	-0.15	-0.14	-0.82	0.09
EPS Growth	-	-	-	-	-	-80.00%
Free Cash Flow	81.9	71.2	71.4	20.4	4.9	14.1
Free Cash Flow Growth	15.03%	-0.28%	250.00%	316.33%	-65.25%	-54.07%
Free Cash Flow Per Share	1.04	0.90	0.93	0.29	0.09	0.25
Gross Margin	91.03%	90.76%	90.99%	92.61%	92.49%	91.32%
Operating Margin	3.46%	1.37%	0.60%	-3.53%	-10.27%	0.77%
Profit Margin	6.11%	4.42%	-1.97%	-1.89%	-11.20%	2.16%
FCF Margin	10.62%	10.35%	11.91%	3.79%	1.29%	5.75%
EBITDA	76.3	57.8	51.8	18	-11.9	17
EBITDA Margin	9.89%	8.41%	8.64%	3.34%	-3.13%	6.93%
EBIT	26.7	9.4	3.6	-19	-39	1.9
EBIT Margin	3.46%	1.37%	0.60%	-3.53%	-10.27%	0.77%
Effective Tax Rate	-121.13%	-508.00%	287.30%	49.00%	-12.73%	-488.89%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q