NERDWALLET INC
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
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FY2023 · Filed Feb 20, 2024
NRDS$7.82-0.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| (in millions, except per share amounts) | |||
|---|---|---|---|
| Year Ended December 31, | 2023 | 2022 | 2021 |
| Revenue | $599.4 | $538.9 | $379.6 |
| Costs and Expenses: | |||
| Cost of revenue | 54.0 | 39.8 | 28.5 |
| Research and development | 80.5 | 77.6 | 62.2 |
| Sales and marketing | 401.5 | 375.6 | 271.3 |
| General and administrative | 59.8 | 58.2 | 38.5 |
| Change in fair value of contingent consideration related to earnouts | — | 6.7 | 18.1 |
| Total costs and expenses | 595.8 | 557.9 | 418.6 |
| Income (Loss) From Operations | 3.6 | (19.0) | (39.0) |
| Other income (expense), net: | |||
| Interest income | 3.6 | 1.5 | — |
| Interest expense | (0.8) | (2.5) | (1.3) |
| Other gains (losses), net | (0.1) | — | 2.6 |
| Total other income (expense), net | 2.7 | (1.0) | 1.3 |
| Income (loss) before income taxes | 6.3 | (20.0) | (37.7) |
| Income tax provision (benefit) | 18.1 | (9.8) | 4.8 |
| Net Loss | $(11.8) | $(10.2) | $(42.5) |
| Net Loss Per Share Attributable to Common Stockholders | |||
| Basic | $(0.15) | $(0.14) | $(0.82) |
| Diluted | $(0.15) | $(0.14) | $(0.82) |
| Weighted-average Shares Used in Computing Net Loss Per Share Attributable to Common Stockholders | |||
| Basic | 76.7 | 70.6 | 51.9 |
| Diluted | 76.7 | 70.6 | 51.9 |
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