Nerdwallet, Inc. income statement

In fiscal 2025, Nerdwallet, Inc. reported revenue of $837m, up 21.7% on the year before, operating income of $65.2m (a 7.8% margin) and net income of $48.7m, or $0.64 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Nerdwallet, Inc.: income statement, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	228	245	380	539	599	688	837	860
Cost of revenue	16	21	29	40	54	64	64	56
Gross profit	212	224	351	499	545	624	773	804
Research and development	46	51	62	78	81	83	67	66
Selling and marketing	116	144	271	376	402	471	585	592
General and administrative	22	28	39	58	60	62	56	58
Operating income	28	2	−39	−19	4	9	65	88
Interest expense	1	1	1	3	1	1	1	1
Income before tax	28	1	−38	−20	6	5	68	91
Income tax	4	−4	5	−10	18	−25	20	26
Net income	24	5	−43	−10	−12	30	49	65
Diluted EPS	$0.45	$0.09	−$0.82	−$0.14	−$0.15	$0.38	$0.64	$0.91
Diluted shares (average)	54m	56m	52m	71m	77m	79m	76m	72m
EBITDA	38	17	−12	18	52	58	112	128

US$ millions unless shown otherwise. Fiscal quarters.

Nerdwallet, Inc.: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	191	184	209	187	215	225	222	197
Cost of revenue	18	17	18	17	15	14	14	13
Gross profit	174	167	191	170	200	212	209	184
Research and development	23	16	17	18	16	16	17	18
Selling and marketing	128	129	160	128	135	162	149	145
General and administrative	16	14	14	14	14	14	16	14
Operating income	7	9	1	11	34	19	27	7
Interest expense	0	0	0	0	0	0	0	0
Income before tax	8	1	1	12	36	20	28	7
Income tax	8	−38	1	3	9	6	8	3
Net income	0	39	0	8	26	14	20	4
Diluted EPS	$0.00	$0.49	$0.00	$0.11	$0.34	$0.19	$0.29	$0.07
EBITDA	20	20	13	23	46	29	37	16

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Nerdwallet, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Nerdwallet, Inc.