NerdWallet Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	48.7	30.4	-11.8	-10.2	-42.5
Depreciation & Amortization	46.4	48.4	48.2	37	27.1
Stock-Based Compensation	28.6	37.7	38.8	34.4	17.9
Other Adjustments	20	-35.3	5.2	-2	28.3
Change in Receivables	-9.4	-27	10.7	-18.7	-20.2
Changes in Accounts Payable	-3.6	6.6	-1.8	-5.6	-2.2
Changes in Accrued Expenses	9.8	12.5	-2.4	5.8	16.6
Changes in Other Operating Activities	-8.9	-1.5	-14.8	-15.7	-17.8
Operating Cash Flow	131.6	71.8	72.1	25	7.2
Operating Cash Flow Growth	83.29%	-0.42%	188.40%	247.22%	-53.25%
Capital Expenditures	-1.3	-0.6	-0.7	-4.6	-2.3
Purchases of Intangible Assets	-16.9	-20.7	-28.8	-27.6	-20.7
Purchases of Investments	-2	-8.1	-	-	-
Payments for Business Acquisitions	-13.1	-0.3	-	-68.1	-
Investing Cash Flow	-33.3	-29.7	-29.5	-100.3	-23
Short-Term Debt Issued	-	-	7.5	70	-
Short-Term Debt Repaid	4.4	-2	-7.5	-70	-
Net Short-Term Debt Issued (Repaid)	4.4	-2	-	-	-
Long-Term Debt Repaid	-	-	-	-	-28.5
Net Long-Term Debt Issued (Repaid)	-	-	-	-	-28.5
Issuance of Common Stock	3.2	7.7	13.2	12.2	152.9
Repurchase of Common Stock	-73.7	-82.2	-21.1	-0.6	-16.2
Net Common Stock Issued (Repurchased)	-70.5	-74.5	-7.9	11.6	136.7
Repurchase of Preferred Stock	-	-	-	-	-2.1
Net Preferred Stock Issued (Repurchased)	-	-	-	-	-2.1
Other Financing Activities	-	-	-18.3	-20	-4
Financing Cash Flow	-66.1	-76.5	-26.2	-8.4	100.2
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.2	0.3	0.1	-0.2	-
Net Cash Flow	32	-34.1	16.5	-83.9	84.4
Free Cash Flow	130.3	71.2	71.4	20.4	4.9
Free Cash Flow Growth	83.01%	-0.28%	250.00%	316.33%	-65.25%
FCF Margin	15.57%	10.35%	11.91%	3.79%	1.29%
Free Cash Flow Per Share	1.72	0.90	0.93	0.29	0.09
Levered Free Cash Flow	95.5	93.8	16.7	6.7	-49.6
Unlevered Free Cash Flow	88.96	122.55	21.76	7.21	-22.57

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q