What are NerdWallet, Inc.'s profit margins?

NerdWallet, Inc. (NRDS) runs a 93.0% gross margin and a 10.8% operating margin, with a 8.1% net margin.

Where do NerdWallet, Inc.'s ratios come from?

Every ratio is computed from NerdWallet, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

NerdWallet, Inc. NRDS Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	93%+2.2pp	92.4%+1.6pp	91.6%+1.1pp	91%+0.4pp	90.8%0.0pp
Operating margin	10.8%+9.9pp	7.8%+6.4pp	6.9%+6.0pp	3.5%+3.0pp	0.9%-0.5pp
Net margin	8.1%+4.1pp	5.8%+1.4pp	9.2%+10.9pp	6.1%+8.0pp	4%+6.1pp
EBITDA margin	15.9%+8.4pp	13.3%+4.9pp	12.9%+4.4pp	9.9%+1.4pp	7.6%-2.0pp
Free cash flow margin	16.4%+6.2pp	15.6%+5.2pp	12.8%-1.5pp	10.6%-5.7pp	10.2%—
Returns
Return on equity	19.5%+11.6pp	13.2%+4.9pp	20.2%+23.3pp	12.2%+15.2pp	7.9%+11.2pp
Return on assets	15.2%+8.8pp	10.8%+3.7pp	16.4%+18.9pp	10.2%+12.8pp	6.4%+9.2pp
Return on invested capital	23.3%+21.0pp	15.8%+12.6pp	19.9%+18.9pp	9.5%+9.0pp	2.3%+0.8pp
Efficiency
Asset turnover	1.9×+0.3×	1.9×+0.3×	1.8×+0.2×	1.7×+0.3×	1.6×+0.3×
Liquidity
Current ratio	2.6×-0.1×	3.5×+0.2×	3.7×+0.8×	3.4×-0.8×	2.7×-1.5×
Quick ratio	2.6×-0.1×	3.5×+0.2×	3.7×+0.8×	3.4×-0.8×	2.7×-1.5×
Cash ratio	0.7×-0.3×	1.4×+0.3×	1.6×+0.5×	1.5×-0.6×	1×-1.0×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Debt-to-assets	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Net debt / EBITDA	-0.4×+1.2×	-0.8×+0.2×	-1.1×+0.1×	-1.3×+0.7×	-1.6×+0.2×
Interest coverage	131×+120×	108.7×+95.2×	77.9×+70.3×	44.5×+41.1×	10.7×+0.5×
Per Share
Book value per share	$4.84-0.9%	$4.93+6.9%	$5.23+28.7%	$5.09+4.5%	$4.88+3.8%
Valuation
Market capitalization	$559.95M-29.8%	$985.26M+0.9%	$817.76M-17.4%	$827.84M-26.6%	$670.68M-40.9%
Enterprise value	$511.25M-28.1%	$894.96M-2.4%	$705.66M-23.7%	$726.54M-28.8%	$583.98M-43.4%
Price / earnings	8.1×-18.9×	20.2×-11.9×	11.2×—	17.6×—	22.7×—
Price / sales	0.7×-0.4×	1.2×-0.2×	1×-0.5×	1.1×-0.8×	0.9×-1.0×
Price / book	1.7×-0.5×	2.6×-0.1×	2×-1.0×	2.1×-0.8×	1.8×-1.2×
EV / EBITDA	3.8×-9.0×	8×-7.8×	6.9×-10.1×	9.5×-10.5×	10.5×-7.8×
EV / sales	0.6×-0.4×	1.1×-0.3×	0.9×-0.6×	0.9×-0.8×	0.8×-1.0×
Free cash flow yield	24.8%+15.4pp	13.2%+5.9pp	12.4%+3.2pp	9.9%+1.2pp	11.2%—
Earnings yield	12.3%+8.6pp	4.9%+1.8pp	9%+10.0pp	5.7%+6.7pp	4.4%+5.5pp
PEG ratio	0.1×—	0.3×—	——	——	——

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about NerdWallet, Inc..

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What are NerdWallet, Inc.'s profit margins?: NerdWallet, Inc. (NRDS) runs a 93.0% gross margin and a 10.8% operating margin, with a 8.1% net margin.
Where do NerdWallet, Inc.'s ratios come from?: Every ratio is computed from NerdWallet, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.