NerdWallet (NRDS) Financials

$10.52 -0.19 (-1.77%)

Closing price 05/23/2025 04:00 PM Eastern

Extended Trading

$10.40 -0.12 (-1.09%)

As of 05/23/2025 07:52 PM Eastern

Annual Income Statements for NerdWallet

This table shows NerdWallet's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	30	-12	-10
Consolidated Net Income / (Loss)	30	-12	-10
Net Income / (Loss) Continuing Operations	30	-12	-10
Total Pre-Tax Income	5.00	6.30	-20
Total Operating Income	9.40	3.60	-19
Total Gross Profit	624	545	499
Total Revenue	688	599	539
Operating Revenue	688	599	539
Total Cost of Revenue	64	54	40
Operating Cost of Revenue	64	54	40
Total Operating Expenses	615	542	518
Selling, General & Admin Expense	62	60	58
Marketing Expense	471	402	376
Research & Development Expense	83	81	78
Other Operating Expenses / (Income)	0.00	0.00	6.70
Total Other Income / (Expense), net	-4.40	2.70	-1.00
Interest Expense	0.70	0.80	2.50
Interest & Investment Income	4.80	3.60	1.50
Other Income / (Expense), net	-8.50	-0.10	0.00
Income Tax Expense	-25	18	-9.80
Basic Earnings per Share	$0.40	($0.15)	($0.14)
Weighted Average Basic Shares Outstanding	76.50M	76.70M	70.60M
Diluted Earnings per Share	$0.38	($0.15)	($0.14)
Weighted Average Diluted Shares Outstanding	78.90M	76.70M	70.60M
Weighted Average Basic & Diluted Shares Outstanding	74.11M	77.01M	75.84M

This table shows NerdWallet's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	0.20	39	0.10	-9.40	1.10	-2.30	-0.50	-11	1.70	8.90	0.70
Consolidated Net Income / (Loss)	0.20	39	0.10	-9.40	1.10	-2.30	-0.50	-11	1.70	8.90	0.70
Net Income / (Loss) Continuing Operations	0.20	39	0.10	-9.40	1.10	-2.30	-0.50	-11	1.70	8.90	0.70
Total Pre-Tax Income	1.30	0.70	7.80	-8.30	4.80	5.30	4.70	-3.60	-0.10	7.60	-9.20
Total Operating Income	0.70	8.70	6.60	-9.60	3.70	4.60	4.00	-4.20	-0.80	7.90	-8.80
Total Gross Profit	191	167	174	136	148	120	140	130	156	130	131
Total Revenue	209	184	191	151	162	134	153	143	170	142	143
Operating Revenue	209	184	191	151	162	134	153	143	170	142	143
Total Cost of Revenue	18	17	18	15	14	14	13	13	14	12	12
Operating Cost of Revenue	18	17	18	15	14	14	13	13	14	12	12
Total Operating Expenses	190	158	167	145	144	115	136	134	157	122	140
Selling, General & Admin Expense	14	14	16	17	15	15	14	16	15	14	15
Marketing Expense	160	129	128	106	108	80	101	99	122	88	103
Research & Development Expense	17	16	23	23	21	20	21	20	20	19	21
Total Other Income / (Expense), net	0.60	-8.00	1.20	1.30	1.10	0.70	0.70	0.60	0.70	-0.30	-0.40
Interest Expense	0.10	0.20	0.10	0.20	0.20	0.20	0.20	0.20	0.20	1.20	0.90
Interest & Investment Income	0.70	0.60	1.30	1.50	1.40	0.90	0.90	0.80	1.00	0.90	0.50
Other Income / (Expense), net	0.00	-8.40	0.00	0.00	-0.10	-	0.00	0.00	-0.10	-	0.00
Income Tax Expense	1.10	-38	7.70	1.10	3.70	7.60	5.20	7.10	-1.80	-1.30	-9.90
Basic Earnings per Share	$0.00	$0.51	$0.00	($0.12)	$0.01	($0.02)	($0.01)	($0.14)	$0.02	$0.15	$0.01
Weighted Average Basic Shares Outstanding	74.20M	76.50M	77.40M	77.90M	77.20M	76.70M	77.50M	76.80M	75.80M	70.60M	73.40M
Diluted Earnings per Share	$0.00	$0.49	$0.00	($0.12)	$0.01	($0.02)	($0.01)	($0.14)	$0.02	$0.15	$0.01
Weighted Average Diluted Shares Outstanding	76.10M	78.90M	79.30M	77.90M	80.50M	76.70M	77.50M	76.80M	79.70M	70.60M	75M
Weighted Average Basic & Diluted Shares Outstanding	74.51M	74.11M	73.44M	78.71M	77.74M	77.01M	76.13M	77.54M	76.72M	75.84M	74.33M

This table details how cash moves in and out of NerdWallet's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	-34	17	-84
Net Cash From Operating Activities	72	72	25
Net Cash From Continuing Operating Activities	72	73	25
Net Income / (Loss) Continuing Operations	30	-12	-10
Consolidated Net Income / (Loss)	30	-12	-10
Depreciation Expense	48	48	37
Non-Cash Adjustments To Reconcile Net Income	49	28	27
Changes in Operating Assets and Liabilities, net	-56	5.70	-29
Net Cash From Investing Activities	-30	-30	-100
Net Cash From Continuing Investing Activities	-30	-30	-100
Purchase of Property, Plant & Equipment	-21	-30	-32
Acquisitions	-0.30	0.00	-68
Purchase of Investments	-8.10	0.00	0.00
Net Cash From Financing Activities	-77	-26	-8.40
Net Cash From Continuing Financing Activities	-77	-26	-8.40
Repayment of Debt	-2.00	-8.90	-70
Repurchase of Common Equity	-80	-20	-1.00
Issuance of Debt	0.00	7.50	70
Issuance of Common Equity	1.40	3.00	4.50
Other Financing Activities, net	4.20	-7.80	-12
Cash Interest Paid	0.30	0.30	1.90
Cash Income Taxes Paid	16	14	4.00

This table details how cash moves in and out of NerdWallet's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	26	-5.40	-42	2.90	11	14	20	-34	17	-55	13
Net Cash From Operating Activities	27	9.90	29	10	23	30	36	-10	16	20	19
Net Cash From Continuing Operating Activities	27	9.70	29	10	23	30	37	-10	17	20	19
Net Income / (Loss) Continuing Operations	0.20	39	0.10	-9.40	1.10	-2.30	-0.50	-11	1.70	8.90	0.70
Consolidated Net Income / (Loss)	0.20	39	0.10	-9.40	1.10	-2.30	-0.50	-11	1.70	8.90	0.70
Depreciation Expense	13	11	13	12	12	12	12	12	12	11	11
Amortization Expense	0.60	-	0.60	0.60	0.50	0.70	-	-	0.70	-	-
Non-Cash Adjustments To Reconcile Net Income	7.40	19	10	10	8.90	11	8.00	-1.50	10	10	10
Changes in Operating Assets and Liabilities, net	5.90	-58	5.20	-3.50	0.40	7.90	15	-9.40	-7.60	-10	-2.40
Net Cash From Investing Activities	-4.60	-5.30	-5.20	-5.70	-14	-9.40	-4.80	-7.70	-7.60	-6.00	-78
Net Cash From Continuing Investing Activities	-4.60	-5.30	-5.20	-5.70	-14	-9.40	-4.80	-7.70	-7.60	-6.00	-78
Purchase of Property, Plant & Equipment	-4.60	-5.00	-5.20	-5.70	-5.40	-9.40	-4.80	-7.70	-7.60	-7.40	-8.90
Purchase of Investments	0.00	-	-	-	-8.10	-	-	-	0.00	-	-
Net Cash From Financing Activities	3.80	-10	-66	-1.70	1.30	-6.40	-12	-16	8.10	-69	72
Net Cash From Continuing Financing Activities	3.80	-10	-66	-1.70	1.30	-6.40	-12	-16	8.10	-69	72
Repayment of Debt	4.30	-2.00	-	-	0.00	-0.30	-1.10	-	-7.50	-70	-
Other Financing Activities, net	-0.50	0.70	2.80	-0.60	1.30	0.70	0.10	-17	8.10	1.00	1.80
Cash Interest Paid	0.10	-	0.10	0.10	0.10	-	0.10	0.20	0.00	1.10	0.70
Cash Income Taxes Paid	2.90	5.80	2.90	7.10	0.20	1.80	3.40	8.00	0.30	0.90	1.10

This table presents NerdWallet's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	438	419	426
Total Current Assets	197	198	189
Cash & Equivalents	66	100	84
Accounts Receivable	102	76	87
Prepaid Expenses	28	23	18
Plant, Property, & Equipment, net	43	53	49
Total Noncurrent Assets	198	168	187
Goodwill	112	112	111
Intangible Assets	33	47	64
Noncurrent Deferred & Refundable Income Taxes	46	0.00	-
Other Noncurrent Operating Assets	6.60	9.20	12
Total Liabilities & Shareholders' Equity	438	419	426
Total Liabilities	73	52	84
Total Current Liabilities	60	37	72
Accounts Payable	8.90	1.70	3.60
Accrued Expenses	51	36	38
Total Noncurrent Liabilities	13	14	12
Other Noncurrent Operating Liabilities	13	14	12
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	364	367	342
Total Preferred & Common Equity	364	367	342
Preferred Stock	0.00	0.00	0.00
Total Common Equity	364	367	342
Common Stock	531	484	427
Retained Earnings	-167	-117	-85
Accumulated Other Comprehensive Income / (Loss)	-0.20	-0.30	-0.90

This table presents NerdWallet's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	475	402	446	446	421	411	452	485
Total Current Assets	242	194	230	224	195	181	219	247
Cash & Equivalents	92	72	114	111	87	67	101	138
Accounts Receivable	120	103	94	94	84	92	98	87
Prepaid Expenses	29	19	23	19	24	22	21	21
Plant, Property, & Equipment, net	39	45	49	51	53	53	51	47
Total Noncurrent Assets	194	163	167	171	173	177	183	192
Goodwill	113	112	112	112	111	112	111	111
Intangible Assets	30	37	40	44	51	55	60	68
Noncurrent Deferred & Refundable Income Taxes	46	-	-	-	-	-	-	-
Other Noncurrent Operating Assets	5.80	15	16	16	11	11	12	13
Total Liabilities & Shareholders' Equity	475	402	446	446	421	411	452	485
Total Liabilities	103	80	67	67	57	46	90	167
Total Current Liabilities	90	67	54	54	45	35	80	85
Accounts Payable	24	12	10	15	13	1.60	12	5.80
Accrued Expenses	66	54	44	39	32	33	37	49
Total Noncurrent Liabilities	13	14	13	14	12	11	10	82
Other Noncurrent Operating Liabilities	13	14	13	14	12	11	10	11
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	372	322	379	379	364	365	362	319
Total Preferred & Common Equity	372	322	379	379	364	365	362	319
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	372	322	379	379	364	365	362	319
Common Stock	538	519	506	495	471	461	446	414
Retained Earnings	-166	-197	-126	-115	-106	-95	-83	-94
Accumulated Other Comprehensive Income / (Loss)	0.00	0.00	-0.30	-0.40	-0.70	-0.50	-0.70	-1.90

This table displays calculated financial ratios and metrics derived from NerdWallet's official financial filings.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	14.71%	11.23%	41.97%
EBITDA Growth	-9.54%	202.78%	293.55%
EBIT Growth	-74.29%	118.42%	47.80%
NOPAT Growth	947.59%	49.30%	51.28%
Net Income Growth	357.63%	-15.69%	76.00%
EPS Growth	353.33%	-7.14%	82.93%
Operating Cash Flow Growth	-0.42%	188.40%	247.22%
Free Cash Flow Firm Growth	66.60%	108.51%	-268.56%
Invested Capital Growth	11.78%	-7.69%	139.98%
Revenue Q/Q Growth	7.86%	-1.37%	8.56%
EBITDA Q/Q Growth	-13.20%	0.55%	1,000.00%
EBIT Q/Q Growth	-82.69%	-48.53%	45.40%
NOPAT Q/Q Growth	1,085.91%	-1,300.69%	47.66%
Net Income Q/Q Growth	389.52%	-1,866.67%	62.22%
EPS Q/Q Growth	392.31%	-850.00%	65.00%
Operating Cash Flow Q/Q Growth	-21.53%	15.18%	83.82%
Free Cash Flow Firm Q/Q Growth	22.03%	539.09%	0.00%
Invested Capital Q/Q Growth	18.83%	-4.00%	2.92%
Profitability Metrics	-	-	-
Gross Margin	90.77%	90.99%	92.61%
EBITDA Margin	7.17%	9.09%	3.34%
Operating Margin	1.37%	0.60%	-3.53%
EBIT Margin	0.13%	0.58%	-3.53%
Profit (Net Income) Margin	4.42%	-1.97%	-1.89%
Tax Burden Percent	608.00%	-187.30%	51.00%
Interest Burden Percent	555.56%	180.00%	105.26%
Effective Tax Rate	-508.00%	287.30%	0.00%
Return on Invested Capital (ROIC)	20.25%	-2.43%	-6.50%
ROIC Less NNEP Spread (ROIC-NNEP)	52.35%	4.16%	-9.76%
Return on Net Nonoperating Assets (RNNOA)	-11.94%	-0.90%	3.10%
Return on Equity (ROE)	8.32%	-3.33%	-3.40%
Cash Return on Invested Capital (CROIC)	9.13%	5.57%	-88.85%
Operating Return on Assets (OROA)	0.21%	0.83%	-4.81%
Return on Assets (ROA)	7.10%	-2.80%	-2.58%
Return on Common Equity (ROCE)	8.32%	-3.33%	-3.40%
Return on Equity Simple (ROE_SIMPLE)	8.35%	-3.22%	-2.99%
Net Operating Profit after Tax (NOPAT)	57	-6.74	-13
NOPAT Margin	8.31%	-1.12%	-2.47%
Net Nonoperating Expense Percent (NNEP)	-32.10%	-6.59%	3.26%
Return On Investment Capital (ROIC_SIMPLE)	15.69%	-1.84%	-3.57%
Cost of Revenue to Revenue	9.24%	9.01%	7.39%
SG&A Expenses to Revenue	8.96%	9.98%	10.80%
R&D to Revenue	12.00%	13.43%	14.40%
Operating Expenses to Revenue	89.40%	90.39%	96.14%
Earnings before Interest and Taxes (EBIT)	0.90	3.50	-19
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	49	55	18
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	2.68	3.05	2.09
Price to Tangible Book Value (P/TBV)	4.47	5.37	4.29
Price to Revenue (P/Rev)	1.42	1.87	1.32
Price to Earnings (P/E)	32.13	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	3.11%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	3.06	3.83	2.29
Enterprise Value to Revenue (EV/Rev)	1.32	1.70	1.23
Enterprise Value to EBITDA (EV/EBITDA)	18.47	18.72	36.70
Enterprise Value to EBIT (EV/EBIT)	1,011.60	291.48	0.00
Enterprise Value to NOPAT (EV/NOPAT)	15.93	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	12.68	14.15	26.42
Enterprise Value to Free Cash Flow (EV/FCFF)	35.35	66.00	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.00	0.09
Long-Term Debt to Equity	0.00	0.00	0.00
Financial Leverage	-0.23	-0.22	-0.32
Leverage Ratio	1.17	1.19	1.32
Compound Leverage Factor	6.51	2.14	1.39
Debt to Total Capital	0.00%	0.00%	8.29%
Short-Term Debt to Total Capital	0.00%	0.00%	8.29%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	91.71%
Debt to EBITDA	0.00	0.00	1.72
Net Debt to EBITDA	0.00	0.00	-2.94
Long-Term Debt to EBITDA	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	-2.32
Net Debt to NOPAT	0.00	0.00	3.99
Long-Term Debt to NOPAT	0.00	0.00	0.00
Altman Z-Score	9.40	14.54	6.27
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	3.27	5.32	2.61
Quick Ratio	2.80	4.72	2.36
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	26	15	-182
Operating Cash Flow to CapEx	337.09%	244.41%	77.64%
Free Cash Flow to Firm to Interest Expense	36.79	19.32	-72.68
Operating Cash Flow to Interest Expense	102.57	90.13	10.00
Operating Cash Flow Less CapEx to Interest Expense	72.14	53.25	-2.88
Efficiency Ratios	-	-	-
Asset Turnover	1.61	1.42	1.36
Accounts Receivable Turnover	7.74	7.38	7.45
Inventory Turnover	0.00	0.00	0.00
Fixed Asset Turnover	14.38	11.79	12.83
Accounts Payable Turnover	11.98	20.38	11.71
Days Sales Outstanding (DSO)	47.16	49.48	48.97
Days Inventory Outstanding (DIO)	0.00	0.00	0.00
Days Payable Outstanding (DPO)	30.46	17.91	31.18
Cash Conversion Cycle (CCC)	16.70	31.56	17.79
Capital & Investment Metrics	-	-	-
Invested Capital	298	267	289
Invested Capital Turnover	2.44	2.16	2.64
Increase / (Decrease) in Invested Capital	31	-22	168
Enterprise Value (EV)	910	1,020	661
Market Capitalization	977	1,121	714
Book Value per Share	$4.96	$4.82	$4.60
Tangible Book Value per Share	$2.98	$2.74	$2.24
Total Capital	364	367	373
Total Debt	0.00	0.00	31
Total Long-Term Debt	0.00	0.00	0.00
Net Debt	-66	-100	-53
Capital Expenditures (CapEx)	21	30	32
Debt-free, Cash-free Net Working Capital (DFCFNWC)	70	61	64
Debt-free Net Working Capital (DFNWC)	137	161	148
Net Working Capital (NWC)	137	161	117
Net Nonoperating Expense (NNE)	27	5.06	-3.10
Net Nonoperating Obligations (NNO)	-66	-100	-53
Total Depreciation and Amortization (D&A)	48	51	37
Debt-free, Cash-free Net Working Capital to Revenue	10.22%	10.13%	11.84%
Debt-free Net Working Capital to Revenue	19.87%	26.88%	27.41%
Net Working Capital to Revenue	19.87%	26.88%	21.67%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.40	($0.15)	($0.14)
Adjusted Weighted Average Basic Shares Outstanding	76.50M	76.70M	70.60M
Adjusted Diluted Earnings per Share	$0.38	($0.15)	($0.14)
Adjusted Weighted Average Diluted Shares Outstanding	78.90M	76.70M	70.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	74.11M	77.01M	75.84M
Normalized Net Operating Profit after Tax (NOPAT)	6.58	2.52	-13
Normalized NOPAT Margin	0.96%	0.42%	-2.47%
Pre Tax Income Margin	0.73%	1.05%	-3.71%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	1.29	4.38	-7.60
NOPAT to Interest Expense	81.65	-8.43	-5.32
EBIT Less CapEx to Interest Expense	-29.14	-32.50	-20.48
NOPAT Less CapEx to Interest Expense	51.22	-45.30	-18.20
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	263.49%	-169.49%	-9.80%

This table displays calculated financial ratios and metrics derived from NerdWallet's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	29.22%	37.47%	25.20%	5.09%	-4.54%	-5.85%	7.15%	14.46%	31.37%	42.71%	44.77%
EBITDA Growth	-13.13%	-33.14%	24.84%	-60.00%	39.13%	-9.33%	705.00%	671.43%	705.26%	2,857.14%	-84.96%
EBIT Growth	-80.56%	-93.48%	65.00%	-128.57%	500.00%	-41.77%	145.45%	53.33%	90.11%	200.00%	-241.94%
NOPAT Growth	-87.30%	24,132.49%	119.88%	-128.57%	251.41%	-121.58%	93.09%	53.33%	91.21%	240.60%	27.29%
Net Income Growth	-81.82%	1,778.26%	120.00%	12.15%	-35.29%	-125.84%	-171.43%	-15.05%	116.19%	212.66%	108.97%
EPS Growth	-100.00%	2,550.00%	100.00%	14.29%	-50.00%	-113.33%	-200.00%	0.00%	112.50%	236.36%	106.25%
Operating Cash Flow Growth	17.62%	-66.55%	-19.67%	202.00%	38.41%	47.26%	87.05%	37.50%	925.00%	131.03%	16.27%
Free Cash Flow Firm Growth	-146.07%	2,119.10%	990.52%	119.20%	114.84%	112.69%	100.86%	23.38%	-28.69%	0.00%	0.00%
Invested Capital Growth	4.33%	11.78%	-9.69%	-10.84%	-8.26%	-7.69%	-1.03%	77.74%	134.84%	139.98%	0.00%
Revenue Q/Q Growth	13.82%	-3.92%	27.03%	-6.98%	21.09%	-12.50%	6.63%	-15.51%	19.44%	-0.42%	13.90%
EBITDA Q/Q Growth	18.80%	-41.79%	528.13%	-80.00%	-8.57%	8.70%	101.25%	-30.43%	-40.41%	865.00%	242.86%
EBIT Q/Q Growth	133.33%	-95.45%	168.75%	-366.67%	-21.74%	15.00%	195.24%	-366.67%	-111.39%	189.77%	2.22%
NOPAT Q/Q Growth	-99.98%	566,868.73%	101.26%	-892.53%	142.48%	-369.11%	85.53%	-425.00%	-106.05%	250.18%	2.22%
Net Income Q/Q Growth	-99.48%	38,500.00%	101.06%	-954.55%	147.83%	-360.00%	95.33%	-729.41%	-80.90%	1,171.43%	107.53%
EPS Q/Q Growth	-100.00%	0.00%	100.00%	-1,300.00%	150.00%	-100.00%	92.86%	-800.00%	-86.67%	1,400.00%	107.14%
Operating Cash Flow Q/Q Growth	169.70%	-65.86%	184.31%	-55.07%	-23.31%	-18.01%	461.00%	-160.98%	-18.41%	4.15%	220.63%
Free Cash Flow Firm Q/Q Growth	-102.56%	1,561.48%	5.49%	2.53%	23.48%	716.49%	101.86%	20.77%	-5.66%	44.48%	-64.84%
Invested Capital Q/Q Growth	-6.21%	18.83%	-5.61%	-0.82%	0.49%	-4.00%	-6.81%	2.06%	1.11%	2.92%	67.36%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	91.30%	90.91%	90.75%	90.11%	91.23%	89.68%	91.30%	90.86%	91.86%	91.41%	91.80%
EBITDA Margin	6.64%	6.37%	10.51%	2.12%	9.88%	13.09%	10.54%	5.58%	6.78%	13.59%	1.40%
Operating Margin	0.33%	4.73%	3.45%	-6.37%	2.29%	3.44%	2.62%	-2.93%	-0.47%	5.56%	-6.17%
EBIT Margin	0.33%	0.16%	3.45%	-6.37%	2.22%	3.44%	2.62%	-2.93%	-0.53%	5.56%	-6.17%
Profit (Net Income) Margin	0.10%	21.00%	0.05%	-6.24%	0.68%	-1.72%	-0.33%	-7.47%	1.00%	6.27%	0.49%
Tax Burden Percent	15.38%	5,514.29%	1.28%	113.25%	22.92%	-43.40%	-10.64%	297.22%	-1,700.00%	117.11%	-7.61%
Interest Burden Percent	185.71%	233.33%	118.18%	86.46%	133.33%	115.22%	117.50%	85.71%	11.11%	96.20%	104.55%
Effective Tax Rate	84.62%	-5,414.29%	98.72%	0.00%	77.08%	143.40%	110.64%	0.00%	0.00%	-17.11%	0.00%
Return on Invested Capital (ROIC)	0.14%	635.98%	0.11%	-9.49%	1.11%	-3.22%	-0.61%	-5.27%	-0.92%	17.17%	-15.29%
ROIC Less NNEP Spread (ROIC-NNEP)	0.05%	1,165.24%	0.09%	-6.52%	0.83%	-2.83%	-0.49%	4.25%	-3.17%	17.54%	-51.30%
Return on Net Nonoperating Assets (RNNOA)	-0.01%	-265.69%	-0.02%	1.59%	-0.20%	0.61%	0.09%	-1.10%	1.03%	-5.57%	6.13%
Return on Equity (ROE)	0.13%	370.29%	0.09%	-7.90%	0.91%	-2.61%	-0.52%	-6.37%	0.11%	11.60%	-9.15%
Cash Return on Invested Capital (CROIC)	41.76%	9.13%	7.99%	9.83%	5.41%	5.57%	0.87%	-57.76%	-84.14%	-88.85%	0.00%
Operating Return on Assets (OROA)	0.53%	0.26%	5.34%	-8.91%	2.93%	4.89%	3.51%	-4.63%	-0.74%	7.59%	-6.31%
Return on Assets (ROA)	0.15%	33.73%	0.08%	-8.73%	0.90%	-2.44%	-0.44%	-11.79%	1.40%	8.55%	0.50%
Return on Common Equity (ROCE)	0.13%	370.29%	0.09%	-7.90%	0.91%	-2.61%	-0.52%	-6.37%	0.11%	11.60%	-9.15%
Return on Equity Simple (ROE_SIMPLE)	7.94%	0.00%	-3.26%	-2.93%	-3.27%	0.00%	-0.16%	0.16%	0.55%	0.00%	-8.47%
Net Operating Profit after Tax (NOPAT)	0.11	480	0.08	-6.72	0.85	-2.00	-0.43	-2.94	-0.56	9.25	-6.16
NOPAT Margin	0.05%	261.01%	0.04%	-4.46%	0.52%	-1.49%	-0.28%	-2.05%	-0.33%	6.52%	-4.32%
Net Nonoperating Expense Percent (NNEP)	0.09%	-529.27%	0.02%	-2.96%	0.28%	-0.40%	-0.12%	-9.52%	2.25%	-0.37%	36.01%
Return On Investment Capital (ROIC_SIMPLE)	0.03%	131.73%	-	-	-	-0.54%	-	-	-	2.48%	-
Cost of Revenue to Revenue	8.70%	9.09%	9.25%	9.89%	8.77%	10.32%	8.70%	9.14%	8.14%	8.59%	8.20%
SG&A Expenses to Revenue	6.60%	7.51%	8.31%	10.96%	9.51%	10.92%	9.29%	10.89%	9.08%	10.14%	10.80%
R&D to Revenue	8.03%	8.76%	12.02%	15.07%	12.79%	15.18%	13.55%	13.96%	11.50%	13.66%	14.52%
Operating Expenses to Revenue	90.97%	86.18%	87.30%	96.48%	88.94%	86.24%	88.68%	93.79%	92.33%	85.85%	97.97%
Earnings before Interest and Taxes (EBIT)	0.70	0.30	6.60	-9.60	3.60	4.60	4.00	-4.20	-0.90	7.90	-8.80
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	14	12	20	3.20	16	18	16	8.00	12	19	2.00
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.80	2.68	3.10	2.99	2.96	3.05	1.89	1.98	3.39	2.09	2.05
Price to Tangible Book Value (P/TBV)	2.93	4.47	5.75	4.98	5.00	5.37	3.41	3.64	6.43	4.29	4.68
Price to Revenue (P/Rev)	0.91	1.42	1.57	1.89	1.89	1.87	1.13	1.21	2.12	1.32	1.32
Price to Earnings (P/E)	22.73	32.13	0.00	0.00	0.00	0.00	0.00	1,203.28	613.56	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.40%	3.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.08%	0.16%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.07	3.06	3.70	3.84	3.76	3.83	2.17	2.20	3.96	2.29	2.20
Enterprise Value to Revenue (EV/Rev)	0.79	1.32	1.46	1.70	1.70	1.70	0.99	1.10	2.00	1.23	1.24
Enterprise Value to EBITDA (EV/EBITDA)	12.28	18.47	16.35	20.02	17.09	18.72	11.12	16.33	37.69	36.70	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	1,011.60	178.59	392.76	126.02	291.48	88.63	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	4.60	15.93	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	7.63	12.68	10.15	10.36	12.86	14.15	9.63	14.30	29.08	26.42	45.28
Enterprise Value to Free Cash Flow (EV/FCFF)	5.06	35.35	44.01	36.88	66.62	66.00	249.20	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.09	0.09	0.31
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.22
Financial Leverage	-0.27	-0.23	-0.23	-0.24	-0.24	-0.22	-0.18	-0.26	-0.33	-0.32	-0.12
Leverage Ratio	1.23	1.17	1.20	1.15	1.21	1.19	1.33	1.20	1.34	1.32	1.52
Compound Leverage Factor	2.28	2.73	1.42	1.00	1.62	1.37	1.56	1.03	0.15	1.27	1.59
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	7.87%	8.29%	23.94%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	7.87%	8.29%	7.23%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	16.71%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	92.13%	91.71%	76.06%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.01	1.72	-50.15
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-2.28	-2.94	19.05
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-35.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-4.13	-2.32	-3.95
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	9.33	3.99	1.50
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-2.75
Altman Z-Score	5.34	9.40	8.84	11.54	11.41	14.55	8.86	11.02	9.54	6.48	3.45
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.68	3.27	2.91	4.27	4.17	5.32	4.33	5.18	2.74	2.61	2.91
Quick Ratio	2.35	2.80	2.62	3.85	3.81	4.72	3.80	4.56	2.48	2.36	2.66
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-11	448	27	26	25	20	2.47	-133	-168	-159	-287
Operating Cash Flow to CapEx	580.43%	198.00%	557.69%	178.95%	420.37%	314.89%	752.08%	-129.87%	215.79%	271.62%	216.85%
Free Cash Flow to Firm to Interest Expense	-114.92	2,241.71	269.85	127.90	124.74	101.02	12.37	-666.20	-840.80	-132.62	-318.51
Operating Cash Flow to Interest Expense	267.00	49.50	290.00	51.00	113.50	148.00	180.50	-50.00	82.00	16.75	21.44
Operating Cash Flow Less CapEx to Interest Expense	221.00	24.50	238.00	22.50	86.50	101.00	156.50	-88.50	44.00	10.58	11.56
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.60	1.61	1.55	1.40	1.32	1.42	1.34	1.58	1.40	1.36	1.02
Accounts Receivable Turnover	6.86	7.74	6.81	6.44	6.18	7.38	7.08	7.09	6.82	7.45	5.69
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	16.39	14.38	13.00	11.81	11.67	11.79	12.17	12.45	12.82	12.83	10.54
Accounts Payable Turnover	3.41	11.98	4.75	9.61	3.99	20.38	5.55	13.03	5.34	11.71	6.00
Days Sales Outstanding (DSO)	53.19	47.16	53.59	56.70	59.03	49.48	51.53	51.47	53.55	48.97	64.12
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	107.07	30.46	76.79	37.99	91.59	17.91	65.83	28.02	68.39	31.18	60.83
Cash Conversion Cycle (CCC)	-53.87	16.70	-23.20	18.71	-32.55	31.56	-14.29	23.44	-14.84	17.79	3.28
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	279	298	251	266	268	267	278	298	292	289	281
Invested Capital Turnover	2.69	2.44	2.41	2.13	2.11	2.16	2.18	2.57	2.78	2.64	3.54
Increase / (Decrease) in Invested Capital	12	31	-27	-32	-24	-22	-2.90	130	168	168	281
Enterprise Value (EV)	578	910	929	1,021	1,008	1,020	603	655	1,157	661	616
Market Capitalization	671	977	1,000	1,135	1,119	1,121	689	722	1,227	714	654
Book Value per Share	$5.01	$4.96	$4.10	$4.88	$4.91	$4.82	$4.70	$4.76	$4.77	$4.60	$4.32
Tangible Book Value per Share	$3.09	$2.98	$2.21	$2.93	$2.90	$2.74	$2.61	$2.59	$2.52	$2.24	$1.89
Total Capital	372	364	322	379	379	367	364	365	393	373	419
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	31	31	100
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	70
Net Debt	-92	-66	-72	-114	-111	-100	-87	-67	-70	-53	-38
Capital Expenditures (CapEx)	4.60	5.00	5.20	5.70	5.40	9.40	4.80	7.70	7.60	7.40	8.90
Debt-free, Cash-free Net Working Capital (DFCFNWC)	59	70	56	62	60	61	63	79	69	64	54
Debt-free Net Working Capital (DFNWC)	152	137	127	176	170	161	150	146	170	148	192
Net Working Capital (NWC)	152	137	127	176	170	161	150	146	139	117	162
Net Nonoperating Expense (NNE)	-0.09	441	-0.02	2.68	-0.25	0.30	0.07	7.76	-2.26	0.35	-6.86
Net Nonoperating Obligations (NNO)	-92	-66	-72	-114	-111	-100	-87	-67	-70	-53	-38
Total Depreciation and Amortization (D&A)	13	11	14	13	12	13	12	12	12	11	11
Debt-free, Cash-free Net Working Capital to Revenue	8.07%	10.22%	8.71%	10.40%	10.06%	10.13%	10.40%	13.24%	11.89%	11.84%	10.84%
Debt-free Net Working Capital to Revenue	20.62%	19.87%	19.95%	29.40%	28.80%	26.88%	24.65%	24.47%	29.29%	27.41%	38.72%
Net Working Capital to Revenue	20.62%	19.87%	19.95%	29.40%	28.80%	26.88%	24.65%	24.47%	23.96%	21.67%	32.61%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.51	$0.00	($0.12)	$0.01	($0.02)	($0.01)	($0.14)	$0.02	$0.15	$0.01
Adjusted Weighted Average Basic Shares Outstanding	74.20M	76.50M	77.40M	77.90M	77.20M	76.70M	77.50M	76.80M	75.80M	70.60M	73.40M
Adjusted Diluted Earnings per Share	$0.00	$0.49	$0.00	($0.12)	$0.01	($0.02)	($0.01)	($0.14)	$0.02	$0.15	$0.01
Adjusted Weighted Average Diluted Shares Outstanding	76.10M	78.90M	79.30M	77.90M	80.50M	76.70M	77.50M	76.80M	79.70M	70.60M	75M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	74.51M	74.11M	73.44M	78.71M	77.74M	77.01M	76.13M	77.54M	76.72M	75.84M	74.33M
Normalized Net Operating Profit after Tax (NOPAT)	0.49	6.09	4.62	-6.72	2.59	3.22	2.80	-2.94	-0.56	5.53	-6.16
Normalized NOPAT Margin	0.23%	3.31%	2.42%	-4.46%	1.60%	2.41%	1.83%	-2.05%	-0.33%	3.89%	-4.32%
Pre Tax Income Margin	0.62%	0.38%	4.08%	-5.51%	2.96%	3.96%	3.08%	-2.51%	-0.06%	5.35%	-6.45%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7.00	1.50	66.00	-48.00	18.00	23.00	20.00	-21.00	-4.50	6.58	-9.78
NOPAT to Interest Expense	1.08	2,398.71	0.85	-33.60	4.24	-9.98	-2.13	-14.70	-2.80	7.71	-6.84
EBIT Less CapEx to Interest Expense	-39.00	-23.50	14.00	-76.50	-9.00	-24.00	-4.00	-59.50	-42.50	0.42	-19.67
NOPAT Less CapEx to Interest Expense	-44.92	2,373.71	-51.15	-62.10	-22.76	-56.98	-26.13	-53.20	-40.80	1.54	-16.73
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	263.49%	-740.00%	-178.38%	0.00%	-169.49%	-2,183.33%	383.33%	0.00%	-9.80%	-3.70%

Frequently Asked Questions About NerdWallet's Financials

When does NerdWallet's financial year end?

According to the most recent income statement we have on file, NerdWallet's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has NerdWallet's net income changed over the last 2 years?

NerdWallet's net income appears to be on an upward trend, with a most recent value of $30.40 million in 2024, falling from -$10.20 million in 2022. The previous period was -$11.80 million in 2023. See where experts think NerdWallet is headed by visiting NerdWallet's forecast page.

What is NerdWallet's operating income?

NerdWallet's total operating income in 2024 was $9.40 million, based on the following breakdown:

Total Gross Profit: $624.10 million
Total Operating Expenses: $614.70 million

How has NerdWallet revenue changed over the last 2 years?

Over the last 2 years, NerdWallet's total revenue changed from $538.90 million in 2022 to $687.60 million in 2024, a change of 27.6%.

How much debt does NerdWallet have?

NerdWallet's total liabilities were at $73.40 million at the end of 2024, a 42.0% increase from 2023, and a 12.6% decrease since 2022.

How much cash does NerdWallet have?

In the past 2 years, NerdWallet's cash and equivalents has ranged from $66.30 million in 2024 to $100.40 million in 2023, and is currently $66.30 million as of their latest financial filing in 2024.

How has NerdWallet's book value per share changed over the last 2 years?

Over the last 2 years, NerdWallet's book value per share changed from 4.60 in 2022 to 4.96 in 2024, a change of 7.9%.

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This page (NASDAQ:NRDS) was last updated on 5/25/2025 by MarketBeat.com Staff

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NerdWallet (NRDS) Financials

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NerdWallet (NRDS) Financials

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