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Companies / Financials / NerdWallet, Inc.
NRDS

NerdWallet, Inc.

FinancialsBusiness Services & Software
Ticker NRDSSAN MATEO, CAFiscal year ends DecemberBook value per share $5.13Diluted shares 66.6M

NerdWallet, Inc. (Nasdaq: NRDS) provides consumers and small and mid-sized businesses with financial guidance, comparison tools, product marketplaces and access to financial services through its digital platform. Its content, calculators and personalized tools cover credit, lending, insurance, banking, investing,… From the company’s description.

Over the twelve months to Sep 30, 2026, NerdWallet, Inc. reported revenue of $884.50M, up 11.3% from a year earlier, and net income of $53.60M. Its operating margin was 8.3%, and operations generated $147.00M in cash. In fiscal 2025, it reported revenue of $836.60M, up 21.7% from fiscal 2024, and net income of $48.70M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$836.60MFY2025
+21.7% year over year
Last 12 mo $884.50M
7.79%FY2025
+6.4 percentage points
Last 12 mo 8.25%
$48.70MFY2025
+60.2% year over year
Last 12 mo $53.60M
13.00%FY2025
+4.7 percentage points
Last 12 mo 15.70%
Cash & financing
$131.60MFY2025
+83.3% year over year
Last 12 mo $147.00M
$113.40MFY2025
+124.6% year over year
Last 12 mo $131.20M
—
75.9MFY2025
−3.8% year over year
Last 12 mo 66.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What NerdWallet, Inc. does

In the company’s own words

NerdWallet, Inc. (Nasdaq: NRDS) provides consumers and small and mid-sized businesses with financial guidance, comparison tools, product marketplaces and access to financial services through its digital platform. Its content, calculators and personalized tools cover credit, lending, insurance, banking, investing, retirement planning, taxes and budgeting; its marketplaces help users compare products, pre-qualify or connect with third-party providers. Revenue comes primarily from referral fees, lead generation and partner marketing, alongside mortgage brokerage and investment advisory services. The company operates in the United States, Canada and the United Kingdom and has no reportable segments described here. Its services include Fundera for small-business financing, mortgage brokerage through Next Door Lending, insurance brokerage through NerdWallet Insurance Experts and wealth management through NerdWallet Wealth Partners. In 2025, revenue was $836.6 million, and the company had more than 650 full-time employees as of December 31. Its website is https://www.nerdwallet.com.

Company details
Sector
Financials
Industry (SIC)
Business Services & Software
Headquarters
SAN MATEO, CA
Fiscal year end
December
CIK
1625278
SIC
7374

Financial performance, year by year

Fiscal 2021–2025 · USD
$-135.20M$142.90M$421.00M$699.10M$977.20M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns NerdWallet, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

176
funds hold it
0 of 35
superinvestors hold it
$84.37M
held by funds, at market
14.0%
of shares held by funds

Largest fund holders · NerdWallet, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
Fidelity Enhanced Small Cap Core ETF
FESM · Fidelity Covington Trust
0.09%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do NerdWallet, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of NerdWallet, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
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