← NERDWALLET, INC.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $228.3m |
$245.3m
+7.45%
|
$379.6m
+54.75%
|
$538.9m
+41.97%
|
$599.4m
+11.23%
|
$687.6m
+14.71%
|
$836.6m
+21.67%
|
$860.0m
+2.80%
|
|
| Cost of revenue | $16.1m |
$21.3m
+32.30%
|
$28.5m
+33.80%
|
$39.8m
+39.65%
|
$54.0m
+35.68%
|
$63.5m
+17.59%
|
$63.7m
+0.31%
|
$55.9m
-12.24%
|
|
| Gross Profit | $212.2m |
$224.0m
+5.56%
|
$351.1m
+56.74%
|
$499.1m
+42.15%
|
$545.4m
+9.28%
|
$624.1m
+14.43%
|
$772.9m
+23.84%
|
$804.1m
+4.04%
|
|
| Research and development | $46.0m | $50.9m | $62.2m | $77.6m | $80.5m | $82.5m | $66.7m | $66.3m | |
| Sales and marketing | $115.6m | $144.0m | $271.3m | $375.6m | $401.5m | $470.6m | $584.7m | — | |
| General and administrative | $22.2m | $28.0m | $38.5m | $58.2m | $59.8m | $61.6m | $56.3m | $58.3m | |
| Total costs and expenses | $199.9m | $243.4m | $418.6m | $557.9m | $595.8m | $678.2m | $771.4m | $772.0m | |
| Income from Operations | $28.4m |
$1.9m
-93.31%
|
($39.0m)
-2152.63%
|
($19.0m)
+51.28%
|
$3.6m
+118.95%
|
$9.4m
+161.11%
|
$65.2m
+593.62%
|
$88.0m
+34.97%
|
|
| Interest expense | ($1.1m) | ($1.1m) | ($1.3m) | ($2.5m) | ($800k) | ($700k) | ($600k) | $600k | |
| Interest income | $1.1m | $200k | $0 | $1.5m | $3.6m | $4.8m | $3.2m | $3.0m | |
| Total other income (expense), net | ($500k) | ($1.0m) | $1.3m | ($1.0m) | $2.7m | ($4.4m) | $3.0m | — | |
| Income before income taxes | $27.9m | $900k | ($37.7m) | ($20.0m) | $6.3m | $5.0m | $68.2m | $90.7m | |
| Income tax provision (benefit) | ($3.7m) | $4.4m | ($4.8m) | ($9.8m) | $18.1m | ($25.4m) | $19.5m | — | |
| Net Income (Loss) | $24.2m |
$5.3m
-78.10%
|
($42.5m)
-901.89%
|
($10.2m)
+76.00%
|
($11.8m)
-15.69%
|
$30.4m
+357.63%
|
$48.7m
+60.20%
|
$65.0m
+33.47%
|
|
| Basic (in dollars per share) | $0.57 | $0.12 | ($0.82) | ($0.14) | ($0.15) | $0.40 | $0.66 | — | |
| Diluted (in dollars per share) | $0.45 | $0.09 | ($0.82) | ($0.14) | ($0.15) | $0.39 | $0.64 | — | |
| Other gains (losses), net | ($500k) | ($100k) | $2.6m | $0 | ($100k) | ($8.5m) | $400k | — |