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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 us-gaap:ResearchAndDevelopmentExpense.

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, except per share amounts)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:
Cost of revenue13.416.627.034.8
Research and development17.517.934.334.7
Sales and marketing145.4128.0294.5287.7
General and administrative14.013.729.527.5
Total costs and expenses190.3176.2385.3384.7
Income from Operations7.010.734.211.4

Item 1. Financial Statements.

FAQ

What is NerdWallet, Inc.'s R&D?
NerdWallet, Inc. (NRDS) reported R&D of $17.5M in Q2 2026.
How has NerdWallet, Inc.'s R&D changed year-over-year?
NerdWallet, Inc.'s R&D decreased by 2.2% year-over-year, from $17.9M to $17.5M.
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.

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