Filing Flows › Nerdwallet (NRDS) › Q3 2026 › vs Q2 2026
Nerdwallet (NRDS) Q3 2026 vs Q2 2026 (quarter over quarter)
Nerdwallet's revenue rose $42.3M (+21%) from $197M in Q2 2026 to $240M in Q3 2026. The biggest changes: Consumer +$39.3M (+22%); SMB +$3.0M (+14%). Operating margin 8.1% against 3.5% (+4.5 pts).
Nerdwallet, Q3 2026: revenue $240M (+11% year over year), operating margin 8.1%, net earnings $14.9M, operating cash flow $31.2M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 8.1% | 3.5% | +4.5 pts |
| Net margin | 6.2% | 2.2% | +4.0 pts |
| Free cash flow margin | 12.9% | 20.8% | -7.9 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Consumer | $214M | $175M | $39.3M | +22% |
| SMB | $25.1M | $22.1M | $3.0M | +14% |
| Revenue | $240M | $197M | $42.3M | +21% |
| Operating profit | $19.4M | $7.0M | $12.4M | +177% |
| Costs & expenses | $220M | $190M | $29.9M | +16% |
| Pre-tax earnings | $19.7M | $7.3M | $12.4M | +170% |
| Cost of revenue | $13.8M | $13.4M | $400K | +3% |
| Research & development | $17.8M | $17.5M | $300K | +2% |
| Sales & marketing | $173M | $145M | $27.8M | +19% |
| General & admin | $15.4M | $14.0M | $1.4M | +10% |
| Net earnings | $14.9M | $4.3M | $10.6M | +247% |
| Income tax | $4.8M | $3.0M | $1.8M | +60% |
| Depreciation & amortization | $10.0M | $9.3M | $700K | +8% |
| Share-based compensation | $10.3M | $6.9M | $3.4M | +49% |
| Working capital & other | $4.0M | −$20.7M | $24.7M | — |
| Operating cash flow | $31.2M | $41.2M | −$10.0M | -24% |
| Free cash flow (OCF − capex) | $31.0M | $41.1M | −$10.1M | -25% |
| Capital expenditures | $200K | $100K | $100K | +100% |
Questions
How much did Nerdwallet's revenue grow quarter over quarter in Q3 2026?
Nerdwallet's revenue rose $42.3M (+21%) from $197M in Q2 2026 to $240M in Q3 2026.
What drove Nerdwallet's revenue change in Q3 2026?
Consumer +$39.3M (+22%); SMB +$3.0M (+14%).