NERDWALLET, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $836.6M | $687.6M | $599.4M | $538.9M | $379.6M |
| Cost of revenue | $63.7M | $63.5M | $54.0M | $39.8M | $28.5M |
| Research and development | $66.7M | $82.5M | $80.5M | $77.6M | $62.2M |
| Operating income | $65.2M | $9.4M | $3.6M | -$19.0M | -$39.0M |
| Interest expense | $600,000 | $700,000 | $800,000 | $2.5M | $1.3M |
| Pretax income | $68.2M | $5.0M | $6.3M | -$20.0M | -$37.7M |
| Income tax expense | $19.5M | -$25.4M | $18.1M | -$9.8M | $4.8M |
| Net income | $48.7M | $30.4M | -$11.8M | -$10.2M | -$42.5M |
| Balance Sheet | |||||
| Cash and equivalents | $98.3M | $66.3M | $100.4M | $83.9M | $167.8M |
| Current assets | $244.7M | $196.7M | $198.4M | $189.2M | $242.8M |
| Total assets | $461.1M | $437.6M | $418.6M | $425.7M | $364.1M |
| Current liabilities | $70.9M | $60.1M | $37.3M | $72.4M | $65.8M |
| Total liabilities | $86.6M | $73.4M | $51.7M | $84.0M | $106.5M |
| Stockholders' equity | $374.5M | $364.2M | $366.9M | $341.7M | $257.6M |
| Cash Flow Statement | |||||
| Cash from operations | $131.6M | $71.8M | $72.1M | $25.0M | $7.2M |
| Depreciation and amortization | $46.4M | $48.4M | $48.2M | $37.0M | $27.1M |
| Stock-based compensation | $28.6M | $37.7M | $38.8M | $34.4M | $17.9M |
| Capital expenditure | $1.3M | $600,000 | $700,000 | $4.6M | $2.3M |
| Free cash flow | $130.3M | $71.2M | $71.4M | $20.4M | $4.9M |
| Share repurchases | $70.2M | $80.1M | $20.0M | — | $2.3M |
| Impairments | — | — | — | — | $0 |
Shares outstanding 65.8M · Free float 34.3%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.