NERDWALLET, INC.
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 6, 2025
NRDS$7.42-5.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| (in millions, except per share amounts) | 2025 | 2024 | 2025 | 2024 |
| Revenue | $215.1 | $191.3 | $611.2 | $503.8 |
| Costs and Expenses: | ||||
| Cost of revenue | 15.3 | 17.7 | 50.1 | 46.8 |
| Research and development | 15.7 | 23.0 | 50.4 | 66.4 |
| Sales and marketing | 135.3 | 128.1 | 423.0 | 342.1 |
| General and administrative | 14.4 | 15.9 | 41.9 | 47.8 |
| Total costs and expenses | 180.7 | 184.7 | 565.4 | 503.1 |
| Income from Operations | 34.4 | 6.6 | 45.8 | 0.7 |
| Other income, net: | ||||
| Interest income | 1.0 | 1.3 | 2.5 | 4.2 |
| Interest expense | (0.2) | (0.1) | (0.5) | (0.5) |
| Other gains (losses), net | 0.3 | — | 0.5 | (0.1) |
| Total other income, net | 1.1 | 1.2 | 2.5 | 3.6 |
| Income before income taxes | 35.5 | 7.8 | 48.3 | 4.3 |
| Income tax provision | 9.2 | 7.7 | 13.6 | 12.5 |
| Net Income (Loss) | $26.3 | $0.1 | $34.7 | $(8.2) |
| Net Income (Loss) per Share Attributable to Common Stockholders | ||||
| Basic | $0.35 | $0.00 | $0.46 | $(0.11) |
| Diluted | $0.34 | $0.00 | $0.45 | $(0.11) |
| Weighted-average Shares Used in Computing Net Income (Loss) per Share Attributable to Common Stockholders | ||||
| Basic | 75.7 | 77.4 | 74.9 | 77.5 |
| Diluted | 76.9 | 79.3 | 76.5 | 77.5 |
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