NASDAQ$NRDS
NerdWallet Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
NerdWallet's Q2 2022 financial results were reported, with better-than-expected revenue and Adjusted EBITDA, along with a record quarter of registrations and continued diversification efforts.
NerdWallet reported a revenue of $125.2 million, representing a 37% year-over-year increase. The company's GAAP net loss was $9.3 million, or $0.14 loss per diluted share. Adjusted EBITDA was $12.7 million.
- Revenue reached $125.2 million, a 37% increase year-over-year.
- Credit cards revenue grew by 82% year-over-year to $54.6 million.
- Loans revenue decreased by 26% year-over-year to $24.0 million, primarily due to a decline in mortgages.
- Other verticals revenue increased by 58% year-over-year to $46.6 million, driven by SMB products and banking.
Headline financials
Revenue & EPS history
NerdWallet · Revenue · Quarterly
$125M
Revenue by segment
NerdWallet · $78.6M total across 2 segments · Q2 2022
- Credit cards$54.6M+82.6%69.5%
- Loans$24M-25.7%30.5%
Forward guidance
NerdWallet is providing revenue guidance for Q3 2022 in the range of $135 - $141 million, representing a 40% year-over-year growth rate at the midpoint. Adjusted EBITDA is expected in the range of $8 - $10 million. The company expects a year-over-year increase in its 2022 annual Adjusted EBITDA margin.
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 Q2 2022
+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
| Quarter | Report date | Reaction (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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