Nerdwallet vs Upwork
Nerdwallet and Upwork are similar in size: $837m and $788m of revenue in their latest fiscal years. Nerdwallet grew faster (21.7% against 2.4%). Upwork kept more of each dollar of sales as profit: a net margin of 14.7% against 5.8%.
| Latest fiscal year | NerdwalletNRDS, 2025 | UpworkUPWK, 2025 |
|---|---|---|
| Revenue | $837m | $788m |
| Revenue growth | 21.7% | 2.4% |
| Net income | $48.7m | $115m |
| Operating margin | 7.8% | — |
| Net margin | 5.8% | 14.7% |
| Return on equity | 13.2% | 19.1% |
| Free cash flow | $130m | $242m |
| Cash | $98.3m | $294m |
| Total debt | $6.9m | $361m |
| Debt to equity | 1.8% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $70.2m | $136m |
| Employees | — | 630 |
| Market value | $692m | $1.26bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 39 (Weak) | 61 (Moderate) |
| Insider trades, 12 months | 0 buys, 22 sales | 0 buys, 44 sales |