NerdWallet, Inc. logo NRDS - NerdWallet, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 4
HOLD 1
SELL 1
STRONG
SELL 0
| PRICE TARGET: $13.33 DETAILS
HIGH: $15.00
LOW: $12.00
MEDIAN: $13.00
CONSENSUS: $13.33
UPSIDE: 59.64%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019
Revenue
Revenue 836.6 687.6 599.4 538.9 379.6 245.3 228.3
Cost of Revenue 63.7 63.5 54 39.8 28.5 21.3 16.1
Gross Profit 772.9 624.1 545.4 499.1 351.1 224 212.2
Operating Expenses
R&D Expenses 66.7 82.5 80.5 77.6 62.2 50.9 46
SG&A Expenses 641 532.2 461.3 433.8 309.8 172 137.8
Other Expenses (4.4) 0 0 6.7 18.1 (0.8) 0
Operating Expenses 703.3 614.7 541.8 518.1 390.1 222.1 183.8
Operating Income
Operating Income 69.6 9.4 3.6 (19) (39) 1.9 28.4
Interest Expense 0.6 0.7 0.8 2.5 1.3 1.1 1.1
Interest Income 3.2 4.8 3.6 1.5 0 0.2 1.1
Profitability
EBITDA 116 54.1 55.3 19.5 (1.4) 17.1 38.4
EBIT 69.6 5.7 7.1 (17.5) (36.4) 2 29
Income Before Tax 68.2 5 6.3 (20) (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
Per Share Data
EPS (Basic) 0.66 0.40 -0.15 -0.14 -0.63 0.08 0.37
EPS (Diluted) 0.64 0.39 -0.15 -0.14 -0.63 0.08 0.37
Shares Outstanding 74.3 76.5 76.7 70.6 67.1 65.8 65.8
Metric 2025 2024 2023 2022 2021 2020 2019
Current Assets
Cash & Cash Equivalents 98.3 66.3 100.4 83.9 167.8 83.4 67.6
Short-Term Investments 0 2.2 2.1 2 2 2 0
Net Receivables 111 109 81 92.8 60.6 38.7 37.3
Inventory 0 0 0 0 0 0 0
Other Current Assets 35.4 4.6 1.4 0.1 0.4 0.1 0.2
Total Current Assets 244.7 196.7 198.4 189.2 242.8 129.4 107.9
Non-Current Assets
Property, Plant & Equipment 38.9 48.3 59.8 60.4 48.8 41.7 34.1
Goodwill 123.5 112.4 111.5 111.2 43.8 43.8 0.3
Intangible Assets 21.5 33.3 46.9 64.1 27.6 35.6 0
Long-Term Investments 0 0 0 0 0 0 0
Other Non-Current Assets 3.1 1.3 2 0.8 1.1 0.6 0
Total Non-Current Assets 216.4 240.9 220.2 236.5 121.3 125.8 36.7
Total Assets 461.1 437.6 418.6 425.7 364.1 255.2 144.6
Current Liabilities
Account Payables 5.4 8.9 1.7 3.6 3.2 5.4 1.8
Short-Term Debt 0 2.5 0 0 0 0 5
Deferred Revenue 0 33.9 25.3 26.1 22.1 8.1 10.5
Other Current Liabilities 65.5 0 4.5 38.2 34.4 0.4 0
Total Current Liabilities 70.9 60.1 37.3 72.4 65.8 24 26.9
Non-Current Liabilities
Long-Term Debt 0 0 0 0 0 30.3 30.7
Deferred Tax Liabilities 0 0.2 0.7 1.2 1.8 1.5 0
Other Non-Current Liabilities 15.7 9 7.5 0.8 26.2 109.3 72.4
Total Non-Current Liabilities 15.7 13.3 14.4 11.6 40.7 148.5 109.7
Total Liabilities 86.6 73.4 51.7 84 106.5 172.5 136.6
Stockholders' Equity
Common Stock 0 0 0 0 0 0 0
Retained Earnings (188.1) (166.5) (116.5) (84.7) (74.5) (17.7) (20.2)
Accumulated Other Comprehensive Income 0.1 (0.2) (0.3) (0.9) 0.5 0.6 0
Total Stockholders' Equity 374.5 364.2 366.9 341.7 257.6 82.7 8
Total Liabilities & Equity 461.1 437.6 418.6 425.7 364.1 255.2 144.6
Debt Metrics
Total Debt 0 8.9 9.6 12.7 15.1 45.1 49.4
Net Debt (98.3) (57.4) (90.8) (71.2) (152.7) (38.3) (18.2)
Metric 2025 2024 2023 2022 2021 2020 2019
Operating Activities
Net Income 48.7 30.4 (11.8) (10.2) (42.5) 5.3 24.2
Depreciation & Amortization 46.4 48.4 48.2 37 27.1 15.1 9.4
Stock-Based Compensation 28.6 37.7 38.8 34.4 17.9 6.4 5
Change in Working Capital (12.1) (9.4) (5.2) (22.7) (23.6) (12.7) (16.3)
Other Non-Cash Items 4 10.8 2.6 (0.9) 23.9 5.9 7.7
Operating Cash Flow 131.6 71.8 72.1 25 7.2 15.4 31.4
Investing Activities
Capital Expenditure (1.3) (0.6) (29.5) (32.2) (23) (18.7) (14.8)
Acquisitions 0 (0.3) 0 (68.1) 0 (36.7) 0
Purchases of Investments (2) (8.1) 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0
Other Investing Activities (30.0) (20.7) (28.8) (27.6) (20.7) 0 0
Investing Cash Flow (33.3) (29.7) (29.5) (100.3) (23) (55.4) (14.8)
Financing Activities
Net Debt Issuance 4.4 (2) (1.4) 0 (28.5) (5) 0
Stock Repurchased (70.2) (80.1) (20) 0 (12.9) (1.2) (2.3)
Dividends Paid 0 0 0 0 0 0 0
Other Financing Activities (3.5) 5.6 (4.8) (8.4) 3.7 7.6 0.9
Financing Cash Flow (66.1) (76.5) (26.2) (8.4) 100.2 55.7 (1.4)
Cash Position
Net Change in Cash 32 (34.1) 16.5 (83.9) 84.4 15.8 15.2
Cash at Beginning 66.3 100.4 83.9 167.8 83.4 67.6 52.4
Cash at End 98.3 66.3 100.4 83.9 167.8 83.4 67.6
Free Cash Flow 130.3 71.2 42.6 (7.2) (15.8) (3.3) 16.6
Key Metrics 2025 2024 2023 2022 2021 2020 2019
Income Statement
Revenue 836.6 687.6 599.4 538.9 379.6 245.3 228.3
Gross Profit 772.9 624.1 545.4 499.1 351.1 224 212.2
Operating Income 69.6 9.4 3.6 (19) (39) 1.9 28.4
Net Income 48.7 30.4 (11.8) (10.2) (42.5) 5.3 24.2
EPS (Diluted) 0.64 0.39 -0.15 -0.14 -0.63 0.08 0.37
Balance Sheet
Cash & Equivalents 98.3 66.3 100.4 83.9 167.8 83.4 67.6
Total Assets 461.1 437.6 418.6 425.7 364.1 255.2 144.6
Total Debt 0 8.9 9.6 12.7 15.1 45.1 49.4
Stockholders' Equity 374.5 364.2 366.9 341.7 257.6 82.7 8
Cash Flow
Operating Cash Flow 131.6 71.8 72.1 25 7.2 15.4 31.4
Capital Expenditure (1.3) (0.6) (29.5) (32.2) (23) (18.7) (14.8)
Free Cash Flow 130.3 71.2 42.6 (7.2) (15.8) (3.3) 16.6