NerdWallet Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Revenue	860	836.6	687.6	599.4	538.9	379.6
Revenue Growth	11.52%	21.67%	14.71%	11.23%	41.97%	54.75%
Cost of Revenue	55.9	63.7	63.5	54	39.8	28.5
Gross Profit	804.1	772.9	624.1	545.4	499.1	351.1
Selling, General & Admin	648.7	641	529	459.9	430.3	309.8
Research & Development	66.3	66.7	76.7	80.5	77.6	62.2
Operating Expenses	715	707.7	605.7	540.4	507.9	372
Operating Income	89.1	65.2	18.4	5	-8.8	-20.9
Interest Expense	-0.6	-0.6	-0.7	-0.8	-2.5	-1.3
Interest & Investment Income	3	3.2	4.8	3.6	1.5	-
Currency Exchange Gain (Loss)	0.4	0.4	-0.4	-0.1	-	-
Other Non Operating Income (Expenses)	-0.1	-	-	-	-	1.1
EBT Excluding Unusual Items	91.8	68.2	22.1	7.7	-9.8	-21.1
Merger & Restructuring Charges	-1.1	-	-9	-	-3.5	-
Gain (Loss) on Sale of Investments	-	-	-8.1	-	-	-
Asset Writedown	-	-	-	-1.4	-	-
Other Unusual Items	-	-	-	-	-6.7	-16.6
Pretax Income	90.7	68.2	5	6.3	-20	-37.7
Income Tax Expense	25.7	19.5	-25.4	18.1	-9.8	4.8
Net Income	65	48.7	30.4	-11.8	-10.2	-42.5
Net Income to Common	65	48.7	30.4	-11.8	-10.2	-42.5
Net Income Growth	38.00%	60.20%	-	-	-	-
Shares Outstanding (Basic)	70	74	77	77	71	52
Shares Outstanding (Diluted)	72	76	79	77	71	52
Shares Change	-8.62%	-3.80%	2.87%	8.64%	36.03%	-7.81%
EPS (Basic)	0.92	0.66	0.40	-0.15	-0.14	-0.82
EPS (Diluted)	0.91	0.64	0.38	-0.15	-0.14	-0.82
EPS Growth	52.12%	68.42%	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	163.4	130.3	71.2	71.4	20.4	4.9
Free Cash Flow Per Share	2.28	1.72	0.90	0.93	0.29	0.09
Gross Margin	93.50%	92.39%	90.77%	90.99%	92.62%	92.49%
Operating Margin	10.36%	7.79%	2.68%	0.83%	-1.63%	-5.51%
Profit Margin	7.56%	5.82%	4.42%	-1.97%	-1.89%	-11.20%
Free Cash Flow Margin	19.00%	15.57%	10.36%	11.91%	3.79%	1.29%
EBITDA	104.7	80.4	34	24.3	6.1	-10.5
EBITDA Margin	12.17%	9.61%	4.95%	4.05%	1.13%	-2.77%
D&A For EBITDA	15.6	15.2	15.6	19.3	14.9	10.4
EBIT	89.1	65.2	18.4	5	-8.8	-20.9
EBIT Margin	10.36%	7.79%	2.68%	0.83%	-1.63%	-5.51%
Effective Tax Rate	28.34%	28.59%	-	287.30%	-	-
Advertising Expenses	-	486.4	370.3	294.7	278.9	197.3

SEC Filings: 10-K · 10-Q