NerdWallet, Inc. (NRDS)
Nasdaq: NRDS · Services-Computer Processing & Data Preparation · San Mateo, CA · filing with the SEC since 2015
Grade6.4
◀ Past 7.0● Present 6.6▶ Future 5.5
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
| Report filed | Feb 25, 2026 | Feb 19, 2025 | Feb 20, 2024 | Feb 23, 2023 | Mar 24, 2022 | · | · |
| Revenue | 836.6 | 687.6 | 599.4 | 538.9 | 379.6 | 245.3 | 228.3 |
| Cost of revenue | 63.7 | 63.5 | 54.0 | 39.8 | 28.5 | 21.3 | 16.1 |
| Research and development | 66.7 | 82.5 | 80.5 | 77.6 | 62.2 | 50.9 | 46.0 |
| Sales and marketing | 584.7 | 470.6 | 401.5 | 375.6 | 271.3 | 144.0 | 115.6 |
| General and administrative | 56.3 | 61.6 | 59.8 | 58.2 | 38.5 | 28.0 | 22.2 |
| Total costs and expenses | 771.4 | 678.2 | 595.8 | 557.9 | 418.6 | 243.4 | 199.9 |
| Operating income | 65.2 | 9.4 | 3.6 | -19.0 | -39.0 | 1.9 | 28.4 |
| Interest expense | 0.6 | 0.7 | 0.8 | 2.5 | 1.3 | 1.1 | 1.1 |
| Interest and investment income | 3.2 | 4.8 | 3.6 | 1.5 | 0.0 | 0.2 | 1.1 |
| Total non-operating income (expense) | 3.0 | -4.4 | 2.7 | -1.0 | 1.3 | -1.0 | -0.5 |
| Income before income taxes | 68.2 | 5.0 | 6.3 | -20.0 | -37.7 | 0.9 | 27.9 |
| Income tax expense | 19.5 | -25.4 | 18.1 | -9.8 | 4.8 | -4.4 | 3.7 |
| Net income | 48.7 | 30.4 | -11.8 | -10.2 | -42.5 | 5.3 | 24.2 |
| Net income to common shareholders | 48.7 | 30.4 | -11.8 | -10.2 | -42.5 | 5.3 | 24.2 |
| Earnings per share, basic | 0.66 | 0.40 | -0.15 | -0.14 | -0.82 | 0.12 | 0.57 |
| Earnings per share, diluted | 0.64 | 0.38 | -0.15 | -0.14 | -0.82 | 0.09 | 0.45 |
| Weighted average shares, basic | 74.3 | 76.5 | 76.7 | 70.6 | 51.9 | 44.3 | 42.1 |
| Weighted average shares, diluted | 75.9 | 78.9 | 76.7 | 70.6 | 51.9 | 56.3 | 54.3 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTaxCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfRevenueResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSales and marketing the cost of finding and serving customers
us-gaap:SellingAndMarketingExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:CostsAndExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpenseInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding