NERDWALLET, INC.

Index to Form 10-Q

Special Note Regarding Forward-Looking Statements

This Quarterly Report on Form 10-Q contains forward-looking statements about us and our industry that involve significant risks and uncertainties. Except for statements of historical facts, all statements contained in this Quarterly Report on Form 10-Q are forward-looking. These statements often contain words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will” or “would” or similar terms, including their negatives. These forward-looking statements include, but are not limited to, statements regarding:

•the impact of macroeconomic developments, including inflation, interest rates, credit market conditions and overall economic uncertainty on our business, operating results, financial condition, and stock price;

•our expectations regarding our future financial and operational performance, including total revenue, cost of revenue, non-GAAP operating income (loss) and adjusted EBITDA;

•our ability to grow traffic and user engagement on our platform;

•expected returns on marketing investments and brand campaigns;

•consumer demand for the products on our platform;

•our ability to increase user registrations and improve repeat usage rates;

•conversion of consumers into matches with financial services partners;

•expansion within existing and new verticals, including new product and service offerings, features, and functionalities that are competitive, compliant with relevant rules and regulations, and meet market needs;

•geographic expansion;

•maintaining and expanding relationships with financial services partners and identifying new financial services partners;

•developing efficient and scalable technical capabilities to provide personalized guidance and engage users;

•enhancing brand awareness and consumer trust;

•producing high quality, engaging consumer resources;

•adapting to the evolving financial interests of consumers;

•competing effectively in existing and new markets;

•maintaining the security and availability of our platform;

•protecting and enhancing our intellectual property portfolio;

•attracting and retaining highly skilled, diverse talent;

•complying with evolving laws, rules, and regulations that currently apply or may apply in the future to our business;

•the adequacy of our cash, cash equivalents, and investments to meet liquidity needs;

•managing growth, scaling infrastructure and preserving our corporate culture;

•identifying, executing, and integrating acquisitions successfully;

•entering new financial services markets, and meeting the complexities associated with compliance in new financial services sectors; and

•achieving expected synergies, accretive value, and other benefits from completed acquisitions.

These forward-looking statements should not be relied upon as predictions or guarantees of future events. They are based on our current expectations, estimates, and projections regarding future events and trends that may affect our business, financial condition, and operating results. However, these expectations are subject to various risks, uncertainties, and assumptions, including those described elsewhere in this Quarterly Report on Form 10-Q, in Part I, Item 1A. Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2024, and in our subsequent periodic filings with the U.S. Securities and Exchange Commission.

Our industry is highly competitive and rapidly evolving, and new risks and uncertainties may arise that we cannot predict. As a result, actual results, events or circumstances may differ materially from those reflected in our forward-looking statements.

Forward-looking statements in this Quarterly Report on Form 10-Q speak only as of the date hereof. We undertake no obligation to update any such statements in this Quarterly Report on Form 10-Q to reflect subsequent events, new information, or unexpected developments, except as required by law. These statements also do not account for potential impacts from future acquisitions, mergers, dispositions, joint ventures, or investments.

Additionally, statements that include “we believe” or similar expressions represent our beliefs and opinions as of the date of this Quarterly Report on Form 10-Q. While we believe the information supporting these statements is reasonable, it may be incomplete or subject to change. Investors should not interpret these statements as assurances that we have conducted an exhaustive inquiry or review of all relevant information. Given their inherent uncertainty, investors should not place undue reliance on these statements.