Filing Flows › Nerdwallet (NRDS) › Q2 2026
Nerdwallet (NRDS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Nerdwallet (NRDS) reported revenue of $197M for the second quarter 2026 (Q2 2026), +6% from a year earlier and -11% from the quarter before. Operating margin was 3.5%, net earnings $4.3M (2.2% of revenue).
Nerdwallet, Q2 2026: revenue $197M (+6% year over year), operating margin 3.5%, net earnings $4.3M, operating cash flow $41.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $197M | -11% | +6% |
| Operating profit | $7.0M | -74% | -35% |
| Net earnings | $4.3M | -79% | -48% |
| Operating cash flow | $41.2M | +15% | +135% |
| Free cash flow | $41.1M | +16% | +145% |
What changed
Revenue was $197.3M in Q2 2026, up 6% year over year and down 11% from the previous quarter. Consumer was the largest line at 89% of revenue. Consumer added $13.3M year over year (up 8%), 128% of the total change. SMB declined 12%.
Operating profit was $7.0M, a 3.5% margin (down 2.2 points year over year). Operating profit fell $3.7M even though revenue rose $10.4M versus Q2 2025, so costs grew faster than sales. Total costs grew 8% against revenue growth of 6%. The fastest-growing cost line was Sales & marketing (+14%). Net earnings were $4.3M, down 48% year over year. The effective tax rate was 41.1%.
Operating cash flow was $41.2M (up 135% year over year), 958% of net earnings. Non-cash charges added back $9.3M of depreciation and amortization and $6.9M of share-based compensation. Working capital and other items added $20.7M. Capital expenditures of $100K left free cash flow of $41.1M.
Questions
What was Nerdwallet's revenue in the second quarter 2026?
Nerdwallet (NRDS) reported revenue of $197M for the second quarter 2026 (Q2 2026), +6% from a year earlier and -11% from the quarter before.
Was Nerdwallet profitable in the second quarter 2026?
Operating profit was $7.0M (3.5% of revenue) and net earnings $4.3M.
Source: Nerdwallet 10-Q on SEC EDGAR.