What is NerdWallet, Inc.'s R&D?

NerdWallet, Inc. (NRDS) reported R&D of $16.8M in Q1 2026.

How has NerdWallet, Inc.'s R&D changed year-over-year?

NerdWallet, Inc.'s R&D decreased by 0.0% year-over-year, from $16.8M to $16.8M.

What is the long-term trend for NerdWallet, Inc.'s R&D?

Over 4 years (2021 to 2025), NerdWallet, Inc.'s R&D has grown at a 1.8% compound annual growth rate (CAGR), from $62.2M to $66.7M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

NerdWallet, Inc. NRDS R&D

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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 / equity0×0.0×

Current ratio2.6×-0.1×

Where this comes from

Reported directly by NerdWallet, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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 R&D?: NerdWallet, Inc. (NRDS) reported R&D of $16.8M in Q1 2026.
How has NerdWallet, Inc.'s R&D changed year-over-year?: NerdWallet, Inc.'s R&D decreased by 0.0% year-over-year, from $16.8M to $16.8M.
What is the long-term trend for NerdWallet, Inc.'s R&D?: Over 4 years (2021 to 2025), NerdWallet, Inc.'s R&D has grown at a 1.8% compound annual growth rate (CAGR), from $62.2M to $66.7M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.