What is NerdWallet, Inc.'s loans held for sale?

NerdWallet, Inc. (NRDS) reported loans held for sale of $15.2M in Q1 2026.

What does loans held for sale mean?

Originated mortgage loans intended for sale into the secondary market, carried at fair value or lower of cost/market.

NerdWallet, Inc. NRDS Loans held for sale

Loans held for sale at other companies

IntuitINTU

$69M+46.8%

Pathward Financial, Inc.CASH

$53.07M+16.0%

Kearny FinancialKRNY

$12.18M+96.9%

loanDepotLDI

$3.27B+18.1%

Flagstar Bank FLG

$233M-56.1%

Zillow Group, Inc.Z

——

Other financials

Income statement

See full

Revenue$222.2M+6.2%

Gross profit$208.6M+9.2%

Operating income$27.2M+3,786%

Net income$20.4M+10,100%

EPS (diluted)$0.29—

Balance sheet

See full

Cash & equivalents$56.3M-38.9%

Total debt$7.6M+38.2%

Total equity$336.2M-9.5%

Total assets$432.0M-9.1%

Cash flow

See full

Operating cash flow$35.7M+33.7%

CapEx$400.0K+100%

Free cash flow$35.3M+33.2%

Valuation

See full

Market cap$559.95M-29.8%

Enterprise value$511.25M-28.1%

P/E8.1×-18.9×

P/S0.7×-0.4×

Profitability

See full

Gross margin93%+2.2pp

Operating margin10.8%+9.9pp

Net margin8.1%+4.1pp

FCF margin16.4%+6.2pp

Returns & leverage

See full

Return on equity19.5%+11.6pp

Debt / equity0×0.0×

Current ratio2.6×-0.1×

Where this comes from

Reported directly by NerdWallet, Inc. in its filing.

Tagged under the XBRL concept us-gaap:MortgagesHeldForSaleFairValueDisclosure.

The official record: NerdWallet, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about NerdWallet, Inc.'s loans held for sale.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is NerdWallet, Inc.'s loans held for sale?: NerdWallet, Inc. (NRDS) reported loans held for sale of $15.2M in Q1 2026.
What does loans held for sale mean?: Originated mortgage loans intended for sale into the secondary market, carried at fair value or lower of cost/market.