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NerdWallet, Inc. NRDS Business Segments — Personnel-related expenses

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Other financials

Income statement

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Revenue$197.3M+5.6%
Gross profit$183.9M+8.0%
Operating income$7.0M-34.6%
Net income$4.3M-47.6%
EPS (diluted)$0.07-36.4%

Balance sheet

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Cash & equivalents$62.0M-41.1%
Total debt$7.1M+77.5%
Total equity$325.8M-16.5%
Total assets$418.0M-12.2%

Cash flow

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Operating cash flow$41.2M+135%
CapEx$100.0K-85.7%
Free cash flow$41.1M+145%

Valuation

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Market cap$652.07M-13.0%
Enterprise value$597.17M-7.6%
P/E10×-5.9×
P/S0.8×-0.2×

Profitability

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Gross margin93.5%+2.5pp
Operating margin10.2%+6.8pp
Net margin7.6%+1.5pp
FCF margin19%+8.4pp

Returns & leverage

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Return on equity18.2%+5.9pp
Debt / equity0.0×
Current ratio2.6×-0.8×

Where this comes from

Reported directly by NerdWallet, Inc. in its filing.

Tagged under the XBRL concept nrds:PersonnelRelatedExpenses.

The source filing: NerdWallet, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:46 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001625278-26-000060
(in millions)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenue$197.3$186.9$419.5$396.1
Costs and Expenses:
Performance marketing116.189.5237.8187.1
Personnel-related expenses146.142.390.483.8
Stock-based compensation17.49.015.016.5
Capitalized internally developed software costs(4.0)(4.7)(8.5)(9.8)
Depreciation and amortization9.312.719.025.3
Other segment costs and expenses215.427.431.681.8

Item 1. Financial Statements.

FAQ

What is NerdWallet, Inc.'s business segments — personnel-related expenses?
NerdWallet, Inc. (NRDS) reported business segments — personnel-related expenses of $46.1M in Q2 2026.
How has NerdWallet, Inc.'s business segments — personnel-related expenses changed year-over-year?
NerdWallet, Inc.'s business segments — personnel-related expenses increased by 9.0% year-over-year, from $42.3M to $46.1M.
What does business segments — personnel-related expenses mean?
This metric encompasses all compensation, benefits, and payroll-related costs for employees directly supporting the reportable segment. It reflects the human capital investment required to maintain platform operations, content creation, and business development. Monitoring this helps assess the scalability of the segment's labor model.

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