7 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $837M | $49M | 92.4% | 7.8% | $130M | — | $98M |
| 2024 | $688M | $30M | 90.8% | 1.4% | $71M | — | $66M |
| 2023 | $599M | -$12M | 91.0% | 0.6% | $71M | — | $100M |
| 2022 | $539M | -$10M | 92.6% | -3.5% | $20M | — | $84M |
| 2021 | $380M | -$43M | 92.5% | -10.3% | $5M | $0 | $168M |
| 2020 | $245M | $5M | 91.3% | 0.8% | $14M | $30M | $83M |
| 2019 | $228M | $24M | 92.9% | 12.4% | $31M | — | — |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $222M | $20M | 93.9% | 12.2% | $35M | — | $56M |
| Dec '25 | $225M | $14M | 94.0% | 8.6% | $39M | — | $98M |
| Sep '25 | $215M | $26M | 92.9% | 16.0% | $48M | — | $121M |
| Jun '25 | $187M | $8M | 91.1% | 5.7% | $17M | — | $105M |
| Mar '25 | $209M | $200000 | 91.3% | 0.3% | $27M | — | $92M |
| Dec '24 | $184M | $39M | 90.9% | 4.7% | $10M | — | $66M |
| Sep '24 | $191M | $100000 | 90.7% | 3.5% | $29M | — | $72M |
| Jun '24 | $151M | -$9M | 90.1% | -6.4% | $10M | — | $114M |
| Mar '24 | $162M | $1M | 91.2% | 2.3% | $23M | — | $111M |
| Dec '23 | $134M | -$2M | 89.7% | 3.4% | $29M | — | $100M |
| Sep '23 | $153M | -$500000 | 91.3% | 2.6% | $36M | — | $87M |
| Jun '23 | $143M | -$11M | 90.9% | -2.9% | -$10M | — | $67M |
| Mar '23 | $170M | $2M | 91.9% | -0.5% | $16M | — | $101M |
| Dec '22 | $142M | $9M | 91.4% | 5.6% | $20M | — | $84M |
| Sep '22 | $143M | $700000 | 91.8% | -6.2% | $18M | $70M | $138M |
| Jun '22 | $125M | -$9M | 93.5% | -7.2% | -$17M | — | $126M |
| Mar '22 | $129M | -$11M | 94.0% | -7.0% | -$300000 | — | $162M |
| Dec '21 | $100M | -$8M | 92.8% | -9.4% | $7M | $0 | $168M |
| Sep '21 | $99M | -$8M | 92.4% | 6.4% | $16M | — | — |
| Jun '21 | $92M | -$14M | 92.0% | -24.8% | -$15M | — | — |
How the market has priced NRDS against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Nerdwallet, Inc.'s revenue has grown 27.8% per year, and net income grown 55.8% per year. These are computed facts, not advice.
As of FY2025, Nerdwallet, Inc. reported — of total debt against $98M of cash; operating income covered interest expense 109×.
In FY2025, gross margin was 92.4%, operating margin 7.8%, and net margin 5.8%.
As of Jun '26, Nerdwallet, Inc. traded at a price-to-earnings ratio of about 11.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.