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Nerdwallet (NRDS) guidance and outlook
Nerdwallet (NRDS) lowered its guidance on Nov 5, 2026: Revenue $191M–$203M for Q4 2026; Revenue +13% for Q4 2026; Operating income $2.0M–$8.0M for Q4 2026; Operating income $9.0M–$15.0M for Q4 2026. Nerdwallet's 10-Q filed Nov 5, 2026 makes 10 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | Q4 2026 | $25.0M | new |
| Revenue | Q4 2026 | $191M–$203M | new |
| Revenue | Q4 2026 | +13% | new |
| Operating income | Q4 2026 | $2.0M–$8.0M | new |
| Operating income | Q4 2026 | $9.0M–$15.0M | new |
| EBITDA | Q4 2026 | $19.0M–$25.0M | new |
| Operating income | FY2026 | $56.0M–$62.0M | lowered |
| Operating income | FY2026 | $85.0M–$91.0M | lowered |
| EBITDA | FY2026 | $127M–$133M | lowered |
| Depreciation & amortization | Q4 2026 | $9.0M–$10.0M | new |
| Depreciation & amortization | FY2026 | $37.0M–$39.0M | reaffirmed |
From the earnings release filed Nov 5, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 5, 2026
- (NerdWallet, 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.
- We use non-GAAP operating income (loss) and adjusted EBITDA in conjunction with GAAP measures as part of our overall assessment of our performance, including the preparation of our annual operating budget and quarterly forecasts, to evaluate the effectiveness of our business strategies, and to communicate with our Board of Directors concerning our financial performance.
- • Adjusted EBITDA excludes stock-based compensation, including for acquisition-related inducement awards, which has been, and will continue to be for the foreseeable future, a significant recurring expense in our business and an important part of our compensation strategy; and
- In order to grow our business, we intend to make significant investments in our business, which may result in increases in our personnel and related expenses.
- However, we expect to fund our operations, capital expenditures and other investments principally with cash flows from operations, and to the extent that our liquidity needs exceed our cash from operations, we would look to our cash on hand to satisfy those needs.
- Subject to market conditions and other factors, the Repurchase Program is intended to make opportunistic repurchases of our Class A common stock to reduce our outstanding share count.
- Additionally, we may, from time to time, enter into Rule 10b5 ‑ 1 trading plans to facilitate repurchases.
- We expect to fund repurchases with existing cash and cash equivalents.
- The extended terms may be revised or revoked at any time, in which case we would expect the related increases in cash, accounts payable, and net cash provided by operating activities to reverse.
- We cannot provide assurance that additional financing will be available at all or on terms favorable to us.
Nerdwallet's latest quarter
Nerdwallet, Q3 2026: revenue $240M (+11% year over year), operating margin 8.1%, net earnings $14.9M, operating cash flow $31.2M. The chart follows the revenue to costs, profit and cash.
Questions
Did Nerdwallet raise or lower its guidance?
Nerdwallet (NRDS) lowered its guidance on Nov 5, 2026: Revenue $191M–$203M for Q4 2026; Revenue +13% for Q4 2026; Operating income $2.0M–$8.0M for Q4 2026; Operating income $9.0M–$15.0M for Q4 2026.
What does Nerdwallet expect?
(NerdWallet, 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. We use non-GAAP operating income (loss) and adjusted EBITDA in conjunction with GAAP measures as part of our overall assessment of our performance, including the preparation of our annual operating budget and quarterly forecasts, to evaluate the
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.