Filing Flows › Technology › Nerdwallet (NRDS)
Nerdwallet (NRDS) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 5, 2026 · Nerdwallet (NRDS) Q3 2026 earnings results →
Q3 2026 Revenue up 11% year over year to $240M · 6¢ of every $1 of revenue kept as net profit · operating margin 8.1%
Nerdwallet made $240M in Q3 2026 (+11% Y/Y): Consumer $214M, SMB $25.1M. Operating margin 8.1%, net earnings $14.9M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $239.6M in Q3 2026, up 11% year over year and up 21% from the previous quarter. Consumer was the largest line at 90% of revenue. Consumer added $23.0M year over year (up 12%), 94% of the total change.
Operating profit was $19.4M, a 8.1% margin (down 7.9 points year over year). Operating profit fell $15.0M even though revenue rose $24.5M versus Q3 2025, so costs grew faster than sales. Total costs grew 22% against revenue growth of 11%. The fastest-growing cost line was Sales & marketing (+28%). Net earnings were $14.9M, down 43% year over year. The effective tax rate was 24.4%.
Operating cash flow was $31.2M (down 36% year over year), 209% of net earnings. Non-cash charges added back $10.0M of depreciation and amortization and $10.3M of share-based compensation. Working capital and other items used $4.0M. Capital expenditures of $200K left free cash flow of $31.0M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 5, 2026 | $240M | +11% | 8.1% | $14.9M | $31.2M |
| Q2 2026 | 10-Q | Aug 6, 2026 | $197M | +6% | 3.5% | $4.3M | $41.2M |
| Q1 2026 | 10-Q | May 6, 2026 | $222M | +6% | 12.2% | $20.4M | $35.7M |
| Q4 2025 | 10-K | Feb 25, 2026 | $225M | +23% | 8.6% | $14.0M | $38.9M |
| Q3 2025 | 10-Q | Nov 6, 2025 | $215M | +12% | 16.0% | $26.3M | $48.5M |
| Q2 2025 | 10-Q | Aug 7, 2025 | $187M | +24% | 5.7% | $8.2M | $17.5M |
| Q1 2025 | 10-Q | May 6, 2025 | $209M | +29% | 0.3% | $200K | $26.7M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Nerdwallet
NerdWallet, Inc. (NerdWallet, the Company, we, our, or us) provides consumers and small and mid-sized businesses (SMBs) with trusted guidance across a broad range of finance topics through a digital platform that integrates independent editorial content, comparison tools, data-driven product marketplaces, and access to regulated financial services offered through our subsidiaries. Our mission is to provide clarity for all of life’s financial decisions. Our vision is a world where everyone makes financial decisions with confidence. Our platform enables users to compare financial products, access educational resources, receive personalized insights, and connect with third-party providers across credit cards, banking, insurance, lending, investing, wealth management, and other financial categories.
In its own words, from its 10-K, filed Feb 25, 2026.
Nerdwallet against its Services-Computer Processing & Data Preparation peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +11% against the peers' median +6%. Operating margin: 8.1% against the peers' median 11.8%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| NRDS Nerdwallet | Q3 2026 | $240M | +11% | 8.1% |
| ADP Automatic Data Processing | Q1 FY27 | $5.5B | +6% | 23.9% |
| DXC DXC Technology | Q2 FY27 | $3.0B | -4% | 6.2% |
| WDAY Workday | Q2 FY27 | $2.6B | +13% | 11.8% |
| TOST Toast | Q3 2026 | $2.0B | +21% | 8.3% |
| RDDT Reddit | Q3 2026 | $895M | +53% | 29.2% |
| VRSK Verisk Analytics | Q3 2026 | $809M | +5% | 45.2% |
| RNG RingCentral | Q3 2026 | $676M | +6% | 8.0% |
| PLTK Playtika Holding | Q3 2026 | $674M | -0.1% | 17.2% |
Source: Nerdwallet 10-Q on SEC EDGAR · CIK 1625278 · Services-Computer Processing & Data Preparation
Guidance and outlook
13F: who owns NRDS and who is buying
More on NRDS
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results
- Nerdwallet guidance history: guided vs reported
- Nerdwallet operating margin by quarter
- Nerdwallet net income by quarter
- Nerdwallet free cash flow by quarter
- Nerdwallet R&D spending by quarter
- Nerdwallet capital expenditures by quarter
- Nerdwallet Consumer revenue by quarter
- Nerdwallet SMB revenue by quarter