
Nerdwallet Inc
NASDAQ:NRDS

Income Statement
Earnings Waterfall
Nerdwallet Inc
Revenue
|
687.6m
USD
|
Cost of Revenue
|
-63.5m
USD
|
Gross Profit
|
624.1m
USD
|
Operating Expenses
|
-614.7m
USD
|
Operating Income
|
9.4m
USD
|
Other Expenses
|
21m
USD
|
Net Income
|
30.4m
USD
|
Income Statement
Nerdwallet Inc
Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||
Revenue |
337
N/A
|
380
+13%
|
419
+10%
|
452
+8%
|
496
+10%
|
539
+9%
|
579
+8%
|
598
+3%
|
608
+2%
|
599
-1%
|
592
-1%
|
599
+1%
|
638
+6%
|
688
+8%
|
|
Gross Profit | |||||||||||||||
Cost of Revenue |
(27)
|
(29)
|
(30)
|
(31)
|
(35)
|
(40)
|
(46)
|
(51)
|
(52)
|
(54)
|
(54)
|
(56)
|
(61)
|
(64)
|
|
Gross Profit |
310
N/A
|
351
+13%
|
389
+11%
|
422
+8%
|
462
+9%
|
499
+8%
|
534
+7%
|
547
+2%
|
555
+2%
|
545
-2%
|
537
-1%
|
543
+1%
|
577
+6%
|
624
+8%
|
|
Operating Income | |||||||||||||||
Operating Expenses |
(345)
|
(390)
|
(424)
|
(445)
|
(499)
|
(515)
|
(544)
|
(553)
|
(548)
|
(540)
|
(529)
|
(540)
|
(572)
|
(615)
|
|
Selling, General & Administrative |
(278)
|
(310)
|
(342)
|
(356)
|
(408)
|
(430)
|
(463)
|
(471)
|
(468)
|
(460)
|
(446)
|
(454)
|
(484)
|
(532)
|
|
Research & Development |
(57)
|
(62)
|
(67)
|
(73)
|
(77)
|
(78)
|
(80)
|
(80)
|
(80)
|
(81)
|
(82)
|
(84)
|
(87)
|
(83)
|
|
Other Operating Expenses |
(9)
|
(18)
|
(15)
|
(16)
|
(14)
|
(7)
|
(3)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(35)
N/A
|
(39)
-12%
|
(35)
+11%
|
(23)
+33%
|
(37)
-59%
|
(16)
+58%
|
(11)
+31%
|
(6)
+45%
|
7
N/A
|
5
-28%
|
8
+62%
|
3
-67%
|
5
+96%
|
9
+77%
|
|
Pre-Tax Income | |||||||||||||||
Interest Income Expense |
(0)
|
1
|
1
|
0
|
1
|
(1)
|
(0)
|
1
|
2
|
3
|
3
|
4
|
4
|
4
|
|
Non-Reccuring Items |
0
|
0
|
0
|
2
|
1
|
(4)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(8)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(35)
N/A
|
(38)
-7%
|
(33)
+11%
|
(21)
+38%
|
(36)
-72%
|
(20)
+44%
|
(11)
+46%
|
(5)
+51%
|
9
N/A
|
6
-27%
|
11
+78%
|
7
-42%
|
10
+48%
|
5
-48%
|
|
Net Income | |||||||||||||||
Tax Provision |
(3)
|
(5)
|
(7)
|
(15)
|
9
|
10
|
13
|
6
|
(9)
|
(18)
|
(24)
|
(18)
|
(20)
|
25
|
|
Income from Continuing Operations |
(38)
|
(43)
|
(40)
|
(36)
|
(27)
|
(10)
|
2
|
1
|
(1)
|
(12)
|
(12)
|
(11)
|
(11)
|
30
|
|
Net Income (Common) |
(38)
N/A
|
(43)
-12%
|
(40)
+6%
|
(36)
+11%
|
(27)
+24%
|
(10)
+62%
|
2
N/A
|
1
-70%
|
(1)
N/A
|
(12)
-1 867%
|
(12)
-5%
|
(11)
+10%
|
(11)
+5%
|
30
N/A
|
|
EPS (Diluted) |
-0.46
N/A
|
-0.64
-39%
|
-0.6
+6%
|
-0.52
+13%
|
-0.36
+31%
|
-0.14
+61%
|
0.01
N/A
|
0.01
N/A
|
-0.01
N/A
|
-0.15
-1 400%
|
-0.17
-13%
|
-0.15
+12%
|
-0.14
+7%
|
0.39
N/A
|