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NerdWallet Reports Third Quarter Results

Business Wire•05/11/2026•16:05 ET
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Key Highlights

  • ➤Revenue $239.6 million, up 11% year-over-year
  • ➤GAAP net income $14.9 million, down 43% year-over-year
  • ➤Consumer revenue $214.5 million, up 12% year-over-year
  • ➤SMB revenue $25.1 million, up 6% year-over-year
  • ➤Cash and cash equivalents $73.5 million, down 39% year-over-year

Expert Statements

Tim Chen, Co-Founder and CEO of NerdWallet

“Providing clarity for all of life’s financial decisions is how we earn the trust of the consumers and small businesses we serve,”

Tim Chen, Co-Founder and CEO of NerdWallet

“We’re building on that foundation by doing more for them and giving them more reasons to return to NerdWallet, and we’re encouraged by the progress we’re making.”

GAAP net income of $14.9 million, or $0.23 income per diluted share

NerdWallet, Inc. (Nasdaq: NRDS), which provides trustworthy financial guidance, products and services to consumers and small and mid-sized businesses (SMBs), today reported financial results for its third quarter ended September 30, 2026.

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