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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	734.9	687.6	599.4	538.9	379.6	245.3
Revenue Growth (YoY)	24.20%	14.71%	11.23%	41.97%	54.75%	7.45%
Cost of Revenue	67.5	63.5	54	39.8	28.5	21.3
Gross Profit	667.4	624.1	545.4	499.1	351.1	224
Selling, General & Admin	579.2	529	459.9	430.3	309.8	170.5
Research & Development	72.8	76.7	80.5	77.6	62.2	50.9
Operating Expenses	652	605.7	540.4	507.9	372	221.4
Operating Income	15.4	18.4	5	-8.8	-20.9	2.6
Interest Expense	-0.6	-0.7	-0.8	-2.5	-1.3	-1.1
Interest & Investment Income	4.1	4.8	3.6	1.5	-	0.2
Currency Exchange Gain (Loss)	-0.4	-0.4	-0.1	-	-	-
Other Non Operating Income (Expenses)	0.1	-	-	-	1.1	-0.1
EBT Excluding Unusual Items	18.6	22.1	7.7	-9.8	-21.1	1.6
Merger & Restructuring Charges	-9	-9	-	-3.5	-	-1.5
Gain (Loss) on Sale of Investments	-8.1	-8.1	-	-	-	-
Asset Writedown	-	-	-1.4	-	-	-
Other Unusual Items	-	-	-	-6.7	-16.6	0.8
Pretax Income	1.5	5	6.3	-20	-37.7	0.9
Income Tax Expense	-28	-25.4	18.1	-9.8	4.8	-4.4
Net Income	29.5	30.4	-11.8	-10.2	-42.5	5.3
Net Income to Common	29.5	30.4	-11.8	-10.2	-42.5	5.3
Net Income Growth	-	-	-	-	-	-78.10%
Shares Outstanding (Basic)	76	77	77	71	52	44
Shares Outstanding (Diluted)	78	79	77	71	52	56
Shares Change (YoY)	0.97%	2.87%	8.64%	36.03%	-7.81%	3.68%
EPS (Basic)	0.39	0.40	-0.15	-0.14	-0.82	0.12
EPS (Diluted)	0.38	0.38	-0.15	-0.14	-0.82	0.09
EPS Growth	-	-	-	-	-	-80.00%
Free Cash Flow	75	71.2	71.4	20.4	4.9	14.1
Free Cash Flow Per Share	0.96	0.90	0.93	0.29	0.09	0.25
Gross Margin	90.81%	90.77%	90.99%	92.62%	92.49%	91.32%
Operating Margin	2.10%	2.68%	0.83%	-1.63%	-5.51%	1.06%
Profit Margin	4.01%	4.42%	-1.97%	-1.89%	-11.20%	2.16%
Free Cash Flow Margin	10.21%	10.36%	11.91%	3.79%	1.29%	5.75%
EBITDA	30.9	34	24.3	6.1	-10.5	5.2
EBITDA Margin	4.21%	4.95%	4.05%	1.13%	-2.77%	2.12%
D&A For EBITDA	15.5	15.6	19.3	14.9	10.4	2.6
EBIT	15.4	18.4	5	-8.8	-20.9	2.6
EBIT Margin	2.10%	2.68%	0.83%	-1.63%	-5.51%	1.06%
Effective Tax Rate	-	-	287.30%	-	-	-
Advertising Expenses	-	370.3	294.7	278.9	197.3	106.8

Updated May 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q