NASDAQ$NRDS

NerdWallet Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

NerdWallet reported Q1 2026 revenue of $222.2M with net income of $20.4M and diluted EPS of $0.29.

Revenue increased 6% to $222.2 million while income from operations rose to $27.2 million from $0.7 million as marketing efficiency improved. Net income was $20.4 million, or $0.29 per diluted share, versus $0.2 million and breakeven EPS a year ago.

  • Revenue $222.2M (+6% YoY); income from operations $27.2M.
  • Sales and marketing spend declined to $149.1M from $159.7M.
  • Net income $20.4M; diluted EPS $0.29.
  • Consumer finance verticals drove engagement monetization.

Headline financials

Total Revenue

$222M

Previous: $209M+6.2%
EPS (adj)

$0.29

Previous: $0.00
Capital Expenditures

-$400K

Previous: -$200K-100.0%
Net Income

$20.4M

Previous: $200K+10100.0%
Operating Income

$27.2M

Previous: $700K+3785.7%

Revenue & EPS history

NerdWallet · Revenue · Quarterly

$222M

Q1 2026+6.2%vs Q1 2025
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Revenue by segment

NerdWallet · $86.9M total across 2 segments · Q3 2023

  • Credit cards
    $54M-5.9%
  • Loans
    $32.9M+15.8%

Forward guidance

MD&A focuses on traffic quality, monetization per user, and marketing ROI without issuing formal EPS guidance in the 10-Q.

Tailwinds

  • Operating leverage from higher revenue and lower marketing.
  • Positive net income with strong cash generation.

Headwinds

  • Heavy dependence on digital marketing channels.
  • Regulatory changes in financial products advertising.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+6.0%

Avg return

Earnings day

+4.1%

Avg return

5 days after

+4.8%

Avg return

30 days after

55%

12 / 22 earnings

Positive

+43.5%

Q3 2023

Best reaction

-28.6%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.8%-22.8%-26.8%
Q4 2025+7.5%+11.2%-3.1%
Q3 2025-2.0%+1.5%+26.7%
Q1 2025+29.2%+40.1%+31.8%
Q4 2024-18.6%-25.0%-34.8%
Q3 2024+30.1%+25.3%+22.9%
Q2 2024-27.8%-31.8%-18.4%
Q1 2024-6.3%-8.6%-0.2%
Q4 2023+4.1%+8.0%-2.4%
Q3 2023+43.5%+65.6%+70.7%
Q2 2023-8.1%-10.1%-13.9%
Q1 2023-28.6%-33.6%-29.5%
Q4 2022+27.3%+24.0%+18.9%
Q3 2021+27.7%+26.0%+20.1%
Q3 2022+27.7%+26.0%+20.1%
Q2 2021+11.2%+12.9%+10.7%
Q2 2022+6.3%+9.3%+9.9%
Q1 2022-1.0%-20.8%+17.3%
Q1 2021-1.0%-20.8%+17.3%
Q4 2019-2.2%+3.3%-23.7%
Q4 2020-2.2%+3.3%-23.7%
Q4 2021+13.1%+6.3%+16.8%
Q3 2020
Q2 2020
Q1 2020

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