Every 10-Q that Nerdwallet, Inc. (NRDS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow NRDS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NRDS filings page.
NerdWallet generated Q2 2026 revenue of $197.3 million, up 6% year over year, and first‑half revenue of $419.5 million, also up 6%. Q2 net income was $4.3 million versus $8.2 million a year earlier, while first‑half net income rose to $24.7 million from $8.4 million.
Consumer revenue grew 8% in Q2 to $175.2 million, led by deposit accounts and personal loans, while SMB revenue declined 11% to $22.1 million amid continued pressure on organic search traffic. Cost of revenue fell 19% in Q2, but sales and marketing expenses increased 14% to $145.4 million as performance marketing spend increased.
Non‑GAAP operating income was $12.2 million in Q2 and $45.9 million for the first half; adjusted EBITDA was $23.1 million in Q2 and $68.3 million year to date, up 25%. Operating cash flow was $76.9 million, compared with $44.2 million a year earlier, supporting a $17.2 million College Finance acquisition and $89.2 million of share repurchases. The company ended with $62.0 million of cash and an undrawn $124.5 million revolving credit facility, and it has ceased revenue‑generating operations outside North America, which it does not expect to be material.
NerdWallet, Inc. reported sharply improved Q1 2026 results. Revenue rose to $222.2 million, up 6% year over year, while net income jumped to $20.4 million, giving a 9% net margin versus roughly breakeven a year earlier.
Consumer revenue grew 10% to $197.6 million, offsetting a 15% decline in SMB revenue to $24.6 million. Income from operations increased to $27.2 million as sales and marketing expenses fell and cost of revenue declined. Adjusted EBITDA more than doubled to $45.2 million, a 20% margin.
The company completed the $17.2 million acquisition of College Finance Company, LLC and repurchased 6.0 million Class A shares for $66.2 million. Cash and cash equivalents ended at $56.3 million, and NerdWallet retained full availability on its $125.0 million revolving credit facility.
NerdWallet (NRDS) reported strong Q3 results. Revenue rose to $215.1 million from $191.3 million, and net income improved to $26.3 million from $0.1 million. Income from operations increased to $34.4 million as total costs and expenses fell year over year. For the first nine months, revenue reached $611.2 million with net income of $34.7 million, reversing a prior-year loss.
Growth was led by Loans revenue up 66% and Emerging verticals up 83% in Q3, while Credit cards declined 25% amid ongoing organic search pressure. Sales and marketing rose 6% in Q3, driven by higher performance marketing, while R&D and G&A decreased. Adjusted EBITDA was $53.6 million with a 25% margin; non‑GAAP operating income was $41.3 million.
Liquidity strengthened: cash and cash equivalents were $120.6 million at quarter end, with $92.7 million net cash from operating activities year-to-date and no borrowings on the $125.0 million revolver. The company repurchased 1.8 million shares for $19.2 million in Q3 and a further 2.3 million shares for $25.5 million after quarter end, leaving $30.3 million authorized as of November 5. A $5.0 million acquisition closed in June; contribution was not material.
NerdWallet (NRDS) posted a strong turnaround in Q2 2025. Revenue rose 24% YoY to $186.9 m, led by Insurance (+86%) and Emerging Verticals (+64%), offsetting a 25% drop in Credit-Card revenue. Six-month sales reached $396.1 m (+27%).
Disciplined cost control and higher operating leverage flipped operating results to a $10.7 m profit (-$9.6 m LY). Net income was $8.2 m or $0.11 EPS versus a -$0.12 loss. Adjusted EBITDA more than doubled to $33.6 m (18% margin) and non-GAAP operating income hit $20.7 m. Cash & equivalents climbed to $105.3 m (from $66.3 m YE), aided by $44.2 m operating cash flow and an $8.7 m draw on a mortgage warehouse line.
Key spend items: performance marketing surged 50% YoY to $89.5 m, comprising 70% of S&M, while R&D and G&A fell 21% and 17%, respectively. The company closed a $5 m tuck-in acquisition on 13 Jun 2025 and amended an Arizona lease, adding a $4 m ROU asset. No share repurchases occurred; $25 m authorization remains.