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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	771.2	687.6	599.4	538.9	379.6	245.3
Revenue Growth (YoY)	28.75%	14.71%	11.23%	41.97%	54.75%	7.45%
Cost of Revenue	69.2	63.5	54	39.8	28.5	21.3
Gross Profit	702	624.1	545.4	499.1	351.1	224
Selling, General & Admin	598.3	529	459.9	430.3	309.8	170.5
Research & Development	68	76.7	80.5	77.6	62.2	50.9
Operating Expenses	666.3	605.7	540.4	507.9	372	221.4
Operating Income	35.7	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	3.4	4.8	3.6	1.5	-	0.2
Currency Exchange Gain (Loss)	-0.4	-0.4	-0.1	-	-	-
Other Non Operating Income (Expenses)	0.3	-	-	-	1.1	-0.1
EBT Excluding Unusual Items	38.4	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	21.3	5	6.3	-20	-37.7	0.9
Income Tax Expense	-25.8	-25.4	18.1	-9.8	4.8	-4.4
Net Income	47.1	30.4	-11.8	-10.2	-42.5	5.3
Net Income to Common	47.1	30.4	-11.8	-10.2	-42.5	5.3
Net Income Growth	-	-	-	-	-	-78.10%
Shares Outstanding (Basic)	75	77	77	71	52	44
Shares Outstanding (Diluted)	78	79	77	71	52	56
Shares Change (YoY)	1.29%	2.87%	8.64%	36.03%	-7.81%	3.68%
EPS (Basic)	0.63	0.40	-0.15	-0.14	-0.82	0.12
EPS (Diluted)	0.60	0.38	-0.15	-0.14	-0.82	0.09
EPS Growth	-	-	-	-	-	-80.00%
Free Cash Flow	81.9	71.2	71.4	20.4	4.9	14.1
Free Cash Flow Per Share	1.05	0.90	0.93	0.29	0.09	0.25
Gross Margin	91.03%	90.77%	90.99%	92.62%	92.49%	91.32%
Operating Margin	4.63%	2.68%	0.83%	-1.63%	-5.51%	1.06%
Profit Margin	6.11%	4.42%	-1.97%	-1.89%	-11.20%	2.16%
Free Cash Flow Margin	10.62%	10.36%	11.91%	3.79%	1.29%	5.75%
EBITDA	51.1	34	24.3	6.1	-10.5	5.2
EBITDA Margin	6.63%	4.95%	4.05%	1.13%	-2.77%	2.12%
D&A For EBITDA	15.4	15.6	19.3	14.9	10.4	2.6
EBIT	35.7	18.4	5	-8.8	-20.9	2.6
EBIT Margin	4.63%	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