Feed / NRDS

NerdWallet, Inc.

NRDS

Communication Services · 9.35 -2.3% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:35 GMT-4

Market read

NerdWallet, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 10 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.

Company-2.3% todayVolume comparison unavailable
Market group0 of 10 activeAuto & Communication Services · unavailable
Disclosed network0 of 4 confirmingNo filing-linked name is confirming now
What would change this read
  • NRDS's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if NRDS's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Communication Services · Internet Content & Information

No new filing conclusion is available. 0 of 10 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • NRDS's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 10, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods7
Price observations318
Usable filing statements90
Verified relationships4
Evidence supporting the case
  • Latest annual revenue changed +21.7% year over year.
  • Operating margin changed +6.4 percentage points in the latest annual period.
  • Net margin changed +1.4 percentage points in the latest annual period.
  • Operating cash flow covered net income at 2.70x in the latest annual period.
  • Demand and volume has repeated favorable evidence across 3 filings.
Evidence challenging the case
  • Credit and interest rates has repeated adverse evidence across 4 filings.
  • Product pipeline and R&D has repeated adverse evidence across 4 filings.
Questions before a position
  • P/E is 23% below the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 75% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 9, 2026

9.36
6m-15.4%12m-8.8%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$379.6M+54.7%$-0.82-7.8%
2022-12-31$538.9M+42.0%$-0.14+36.0%
2023-12-31$599.4M+11.2%$-0.15+8.6%
2024-12-31$687.6M+14.7%$0.38+2.9%
2025-12-31$836.6M+21.7%$0.64-3.8%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 4 filings
19 Table of Contents Other income, net Three Months Ended March 31, Change (in millions) 2026 2025 $ % Interest income $ 0.9 $ 0.7 $ 0.2 33 % Interest expense (0.2) (0.1) (0.1) 7 % Other gains, net 0.1 — 0.1 NM Total Other Income, net $ 0.8 $ 0.6 $ 0.2 52 % O…
10-Q · May 6, 2026
Product pipeline and R&Dnegative · 4 filings
Costs and Expenses Three Months Ended March 31, Change (in millions) 2026 2025 $ % Cost of revenue $ 13.6 $ 18.2 $ (4.6) (26 %) Research and development 16.8 16.8 — 0 % Sales and marketing 149.1 159.7 (10.6) (7 %) General and administrative 15.5 13.8 1.7 13 %…
10-Q · May 6, 2026
Demand and volumepositive · 3 filings
Emerging verticals revenue increased $63.7 million, or 51%, for 2025 compared to 2024, primarily driven by a 60% increase in banking revenue due to higher demand for banking products.
10-K · Feb 25, 2026
Restructuring and cost reductionsnegative · 2 filings
As a result of the goodwill impairment assessments in 2025, 2024 and 2023, we determined that it was not more likely than not that the fair value of its single reporting unit was less than its carrying amount.
10-K · Feb 25, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 0.8× · EV/sales 0.7×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

9.35-2.3% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:35 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for NRDS. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for NRDS. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind NRDS

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

JPMJPMorgan Chase & Co.lenderMay 6, 2026

22 Table of Contents Credit Facility: We, including three of our wholly-owned subsidiaries, maintain a credit agreement (the Credit Agreement) with JPMorgan Chase Bank, National Association, as Administrative Agent, and a syndicate of lenders.

TREELendingTree, Inc.competitorFeb 25, 2026

News & World Report and other print and broadcast media; • Friends and family , as many consumers consult friends and family for financial guidance; • Influencers on social media platforms ; and • Traditional financial and depository institutions, non-bank lo…

Depended on by

GENGen Digital Inc.competitorMay 21, 2026

Secure Financial Wellness: Our principal competitors in this segment include Bankrate, Chime, Dave, Intuit (Credit Karma), LendingTree, NerdWallet, Robinhood and SoFi.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

NRDS is currently a Follower in the organic co-movement group Auto & Communication Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for NRDS; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.