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Companies / Technology / NERDWALLET, INC.
NRDS

NERDWALLET, INC.

TechnologyBusiness Services & Software
Ticker NRDSSAN MATEO, CAFiscal year ends DecemberBook value per share $4.82Diluted shares 67.6M

NerdWallet, Inc. (Nasdaq: NRDS) operates a comprehensive digital platform that provides consumers and small and mid-sized businesses with trusted guidance across a broad range of financial topics. The company's mission centers on providing clarity for all of life's financial decisions, with a vision of a world where… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$836.60M
+21.7% year over year
Last 12 mo $860.00M
7.79%
+6.4 percentage points
Last 12 mo 10.23%
$48.70M
+60.2% year over year
Last 12 mo $65.00M
13.00%
+4.7 percentage points
Last 12 mo 19.95%
Cash & financing
$131.60M
+83.3% year over year
Last 12 mo $164.30M
$113.40M
+124.6% year over year
Last 12 mo $147.20M
—
75.9M
−3.8% year over year
Last 12 mo 67.6M

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) operates a comprehensive digital platform that provides consumers and small and mid-sized businesses with trusted guidance across a broad range of financial topics. The company's mission centers on providing clarity for all of life's financial decisions, with a vision of a world where everyone makes financial decisions with confidence. The company's website is located at https://investors.nerdwallet.com.

The platform integrates independent editorial content, comparison tools, data-driven product marketplaces, and access to regulated financial services. NerdWallet generates revenue primarily through referral fees, lead generation, and partner-based monetization, as well as through revenue derived from brokering and advisory services. The business model is designed to be partner-neutral, supporting transparent consumer and SMB choice through side-by-side comparisons and insightful information supported by editorial standards.

NerdWallet's platform comprises three primary components: editorial and content publishing under the NerdWallet brand across web and mobile channels; marketplace and referral services including those provided through Fundera, NerdWallet Insurance Services, NerdWallet Advisory, and NerdWallet Compare; and financial services including brokerage and advisory services through wholly-owned subsidiaries. The company operates marketplaces across credit cards, consumer loans, small business financing, home lending, insurance, banking products, investment and retirement products, and financial advisor matching.

The company operates in the United States, Canada, and the United Kingdom, with primary corporate offices in San Mateo, California and Scottsdale, Arizona, along with hub offices in several major metropolitan areas. As of December 31, 2025, NerdWallet employed over 650 full-time employees, with approximately 95 percent located throughout the United States and 5 percent internationally. The company maintains a remote-first culture designed to attract and retain diverse talent across all organizational levels.

NerdWallet competes with online marketplaces including Bankrate, Credit Karma, LendingTree, and Zillow, as well as traditional financial advisors, media outlets, and financial institutions offering products directly. The company differentiates itself through the breadth and depth of its financial guidance, the trust it has built with consumers and SMBs, and its brand recognition, organic traffic, convenience, and simplicity.

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

Financial performance, year by year

Fiscal 2021–2025 · USD
$-132.75M$138.00M$408.75M$679.50M$950.25M20212022202320242025Last 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
13.8%
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
0.01%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?”
  • “What changed in NERDWALLET, INC.'s last four quarterly filings that the numbers alone won't show?”
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