tradmap

NRDS Financials Nerdwallet, Inc.

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 →

Growth & profitability

  • Revenue has grown 27.8% per year over the past 5 years.
  • Net income has grown faster than revenue (55.8% vs 27.8% per year).
  • Operating margin has expanded, at 7.8% in the latest year.
  • Free cash flow has grown 56.0% per year over the past 5 years.

Financial health

  • Operating income covered interest expense 109× in the latest year.
Revenue & net income
-$43M $397M $837M $0 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-11% 41% 93% 0% 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-16% 143% 303% 0% 2019 2020 2021 2022 2023 2024 2025
ROEROA
Free cash flow (CFO − capex)
$0 $65M $130M 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $84M $168M 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$100M $16M $132M $0 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $837M $49M 92.4% 7.8% 13.0% 10.6% $130M — $98M
2024 $688M $30M 90.8% 1.4% 8.3% 6.9% $71M — $66M
2023 $599M -$12M 91.0% 0.6% -3.2% -2.8% $71M — $100M
2022 $539M -$10M 92.6% -3.5% -3.0% -2.4% $20M — $84M
2021 $380M -$43M 92.5% -10.3% -16.5% -11.7% $5M $0 $168M
2020 $245M $5M 91.3% 0.8% 6.4% 2.1% $14M $30M $83M
2019 $228M $24M 92.9% 12.4% 302.5% — $31M — —

Valuation over time

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.

Price / earnings (P/E)
0.0 15.8 31.5 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 1.0 1.9 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is NRDS growing its revenue and profit?

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.

How much debt does NRDS have?

As of FY2025, Nerdwallet, Inc. reported — of total debt against $98M of cash; operating income covered interest expense 109×.

What is NRDS's profit margin?

In FY2025, gross margin was 92.4%, operating margin 7.8%, and net margin 5.8%.

What is NRDS's P/E ratio?

Nerdwallet, Inc.'s P/E (TTM) is 10.84 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the NRDS stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 14.5× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.