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NerdWallet, Inc. NRDS Capitalized software development costs recorded in accounts payable and accrued expenses and other current liabilities

Capitalized software development costs recorded in accounts payable and accrued expenses and other current liabilities at other companies

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$638K-6.0%
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$3.3M-15.3%
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$3.81M-28.3%
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$157K
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$326K+715%
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$741K+125%

Other financials

Income statement

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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

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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

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Operating cash flow$35.7M+33.7%
CapEx$400.0K+100%
Free cash flow$35.3M+33.2%

Valuation

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Market cap$559.95M-29.8%
Enterprise value$511.25M-28.1%
P/E8.1×-18.9×
P/S0.7×-0.4×

Profitability

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Gross margin93%+2.2pp
Operating margin10.8%+9.9pp
Net margin8.1%+4.1pp
FCF margin16.4%+6.2pp

Returns & leverage

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Return on equity19.5%+11.6pp
Debt / equity0.0×
Current ratio2.6×-0.1×

Where this comes from

Reported directly by NerdWallet, Inc. in its filing.

Tagged under the XBRL concept nrds:CapitalizedSoftwareDevelopmentCostsIncurredButNotYetPaid.

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

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Questions, answered.

What is NerdWallet, Inc.'s capitalized software development costs recorded in accounts payable and accrued expenses and other current liabilities?
NerdWallet, Inc. (NRDS) reported capitalized software development costs recorded in accounts payable and accrued expenses and other current liabilities of $700K in Q1 2026.
How has NerdWallet, Inc.'s capitalized software development costs recorded in accounts payable and accrued expenses and other current liabilities changed year-over-year?
NerdWallet, Inc.'s capitalized software development costs recorded in accounts payable and accrued expenses and other current liabilities increased by 133.3% year-over-year, from $300K to $700K.
What does capitalized software development costs recorded in accounts payable and accrued expenses and other current liabilities mean?
Captures software development costs that have been capitalized but remain unpaid at the end of the reporting period, reflected in current liabilities. This metric bridges the gap between accounting accruals and actual cash outflows for technology investments. It provides visibility into committed but not yet settled capital expenditures for software.