Saturday 17 October 2026
Export NRDS’s income statement to Excel — free account
NerdWallet, Inc.
NRDS Communication Services Internet Content & Information
NerdWallet, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $836.6 million, up 21.7% from fiscal 2024. In the quarter to June 2026, revenue grew 5.56%, EPS fell 36.4% and free cash flow grew 186.3%, each against the same quarter a year earlier. Revenue growth for five consecutive years.
10.03
0.00
0.00%
Follow NRDS
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | 13.88 | 7.07 | 6.38 | 10.10 | 7.55 |
Analyst estimates 2026–2028 Powerpack |
|||
| High | — | — | — | — | — | 34.44 | 16.61 | 21.74 | 17.30 | 16.24 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | 675 | 675 | 770 | 730 | 650 | 650 | ||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.36 | 0.56 | 0.70 | 0.82 | 1.06 | 1.29 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | 228 | 245 | 380 | 539 | 599 | 688 | 837 | ||||
| Gross margin, % | — | — | — | 92.95 | 91.32 | 92.49 | 92.61 | 90.99 | 90.76 | 92.39 | |||||
| EBT | — | — | — | 28 | 1 | (38) | (20) | 6 | 5 | 68 | |||||
| EBT margin, % | — | — | — | 12.22 | 0.37 | (9.93) | (3.71) | 1.05 | 0.73 | 8.15 | |||||
| Net income | — | 0 | — | 24 | 5 | (42) | (10) | (12) | 30 | 49 | |||||
| Depreciation | — | — | — | 9 | 15 | 27 | 37 | 48 | 48 | 46 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | 5.42 | 5.54 | 7.31 | 7.63 | 7.81 | 8.99 | 11.26 | ||||
| Earnings | — | — | — | 0.57 | 0.12 | (0.82) | (0.14) | (0.15) | 0.40 | 0.66 | |||||
| Cash flow | — | — | — | 0.75 | 0.35 | 0.14 | 0.35 | 0.94 | 0.94 | 1.77 | |||||
| Capex | — | — | — | (0.35) | (0.42) | (0.44) | (0.46) | (0.38) | (0.28) | (0.24) | |||||
| Free cash flow | — | — | — | 0.39 | (0.07) | (0.30) | (0.10) | 0.56 | 0.66 | 1.53 | |||||
| Book value | — | — | — | 1.82 | 3.42 | 4.96 | 4.84 | 4.78 | 4.76 | 5.04 | |||||
| Shares, m | — | — | — | 42 | 44 | 52 | 71 | 77 | 77 | 74 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 32.01 | 20.76 | ||||
| P/S | — | — | — | 4.18 | 4.18 | 2.49 | 1.26 | 1.86 | 1.48 | 1.20 | |||||
| P/B | — | — | — | 26.69 | 26.69 | 3.67 | 1.99 | 3.03 | 2.79 | 2.69 | |||||
| EV/Sales | — | — | — | 4.13 | 4.13 | 2.08 | 1.24 | 1.80 | 1.49 | 1.17 | |||||
| EV/FCF | — | — | — | (66.00) | (66.00) | (49.99) | (92.59) | 25.39 | 20.22 | 8.63 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | 31 | 15 | 7 | 25 | 72 | 72 | 132 | ||||
| Capex | — | — | — | (15) | (19) | (23) | (32) | (29) | (21) | (18) | |||||
| Free cash flow | — | — | — | 17 | (3) | (16) | (7) | 43 | 51 | 113 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | 81 | 105 | 177 | 117 | 161 | 137 | 174 | ||||
| Total debt | — | — | — | 36 | 30 | 15 | 13 | — | — | — | |||||
| Net debt | — | — | — | (32) | (53) | (168) | (84) | (100) | (66) | (98) | |||||
| Shareholders’ equity | — | — | — | 77 | 152 | 258 | 342 | 367 | 364 | 375 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | 33.47 | 2.65 | (13.73) | (2.58) | (2.80) | 7.10 | 10.84 | ||||
| ROIC | — | — | — | 39.71 | 1.21 | (27.14) | (4.61) | 0.84 | 1.97 | 14.75 | |||||
| ROE | — | — | — | 53.36 | 11.69 | (24.98) | (3.40) | (3.33) | 8.32 | 13.19 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
NerdWallet, Inc. vs peers in Internet Content & Information (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| NXDR Nextdoor Holdings, Inc. | $1.0B | — (loss-making) | — (loss-making) | +14.53% (above 0%: growing) | n/m | +210.20% (above 0%: growing) | 84.61% | (7.60%) | Compare |
| TBLA Taboola.com Ltd. | $956.4M | 8.3× | 10.4× | +2.44% (above 0%: growing) | n/m | −49.31% (below 0%: shrinking) | 29.25% | 1.52% | Compare |
| BMBL Bumble Inc. | $782.6M | — (loss-making) | 2.8× | −15.19% (below 0%: shrinking) | n/m | −24.56% (below 0%: shrinking) | 74.35% | (53.20%) | Compare |
| EVER EverQuote, Inc. | $760.5M | 6.8× | 9.2× | +24.55% (above 0%: growing) | +37.50% (above 0%: growing) | −4.53% (below 0%: shrinking) | 97.77% | 12.04% | Compare |
| GRPN Groupon, Inc. | $749.5M | — (loss-making) | — (loss-making) | −0.82% (below 0%: shrinking) | n/m | −40.36% (below 0%: shrinking) | 90.95% | (0.58%) | Compare |
| MAX MediaAlpha, Inc. | $715.6M | 6.5× | 8.8× | +25.93% (above 0%: growing) | n/m | +63.67% (above 0%: growing) | 14.26% | 6.30% | Compare |
| NRDS NerdWallet, Inc. | $641.2M | 11.0× | 9.6× | +5.56% (above 0%: growing) | −36.36% (below 0%: shrinking) | +186.26% (above 0%: growing) | 93.21% | 3.55% | |
| CARS Cars.com Inc. | $547.6M | 17.6× | 10.3× | +0.67% (above 0%: growing) | +136.36% (above 0%: growing) | +14.30% (above 0%: growing) | 68.34% | 15.49% | Compare |
| MOMO Hello Group Inc. Sponsored ADR | $493.5M | 4.7× | 6.5× | +0.16% (above 0%: growing) | n/m | +193.28% (above 0%: growing) | 35.67% | 9.57% | Compare |
| Median of peers | $755.0M | 6.8× | 9.0× | +1.56% | — | +4.88% | 71.35% | 3.91% |
NerdWallet, Inc. (NRDS) key facts
- Strength: NerdWallet, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $836.6 million, up 21.7% from fiscal 2024.
- NerdWallet, Inc. (NRDS) is an Internet Content & Information company in the Communication Services sector, listed on Nasdaq.
- As of October 16, 2026, NRDS traded at $10.03, a market capitalization of $641.2 million.
- Return on equity was 13.2% and debt-to-equity 0.00.
- Its Piotroski F-score is 9 out of 9 and its Altman Z-score is 9.14 (safe zone) for fiscal 2025.