NerdWallet (NASDAQ:NRDS – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.02), FiscalAI reports. The firm had revenue of $197.30 million during the quarter, compared to the consensus estimate of $195.30 million. NerdWallet had a net margin of 7.56% and a return on equity of 17.52%. NerdWallet’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.11 EPS.
Here are the key takeaways from NerdWallet’s conference call:
- Q2 revenue rose 6% year over year to $197 million, while non-GAAP operating income of $12 million exceeded the midpoint of guidance. Consumer revenue increased 8%, led by personal loans and deposit accounts.
- Management raised its growth outlook for Q3, guiding to revenue of $244 million-$260 million, up 17% year over year at the midpoint, supported by student-loan regulatory changes and the College Finance acquisition.
- NerdWallet plans to increase customer-acquisition investment fivefold in 2026, targeting longer-term returns from higher-retention, recurring-revenue audiences created through vertical integration. Management said these investments are expected to generate attractive internal rates of return despite payback periods extending beyond 2026.
- Trailing 12-month adjusted free cash flow doubled year over year to a record $141 million, while the company repurchased $23 million of stock during the quarter and reduced its diluted share count 14% year over year.
- Organic-search disruption continues to pressure credit-card and SMB revenue, with SMB revenue down 11% year over year; the largest auto-insurance relationship has stabilized but has not recovered to earlier-year levels. Management also acknowledged that AI-driven changes to search and content distribution remain an ongoing risk.
NerdWallet Price Performance
Shares of NRDS traded up $1.07 during midday trading on Friday, hitting $9.91. The stock had a trading volume of 1,903,130 shares, compared to its average volume of 568,331. The firm has a market cap of $652.08 million, a price-to-earnings ratio of 11.13 and a beta of 1.23. The company has a 50 day simple moving average of $8.94 and a two-hundred day simple moving average of $9.85. NerdWallet has a twelve month low of $7.33 and a twelve month high of $16.24.
Analyst Ratings Changes
Check Out Our Latest Analysis on NerdWallet
Insider Buying and Selling at NerdWallet
In related news, major shareholder Topline Capital Partners, Lp sold 919,153 shares of the stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $8.95, for a total transaction of $8,226,419.35. Following the completion of the transaction, the insider directly owned 4,331,992 shares in the company, valued at approximately $38,771,328.40. This trade represents a 17.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 1,961,860 shares of company stock worth $17,862,921 over the last ninety days. 52.75% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On NerdWallet
A number of large investors have recently bought and sold shares of NRDS. Graham Capital Management L.P. acquired a new stake in NerdWallet in the 4th quarter valued at $197,000. Entropy Technologies LP acquired a new position in shares of NerdWallet during the 4th quarter worth about $182,000. Qube Research & Technologies Ltd bought a new position in shares of NerdWallet in the 3rd quarter valued at about $136,000. Bayesian Capital Management LP bought a new position in shares of NerdWallet in the 2nd quarter valued at about $200,000. Finally, The Manufacturers Life Insurance Company increased its position in shares of NerdWallet by 22.8% in the second quarter. The Manufacturers Life Insurance Company now owns 15,489 shares of the company’s stock valued at $170,000 after acquiring an additional 2,877 shares during the last quarter. Institutional investors and hedge funds own 38.81% of the company’s stock.
NerdWallet Company Profile
NerdWallet (NASDAQ: NRDS) is a personal finance company that offers independent guidance and comparison tools to help consumers make informed financial decisions. Through its website and mobile application, NerdWallet provides a wide range of content, including articles, calculators and reviews covering credit cards, mortgages, personal loans, banking products, investing, insurance and taxes. The platform aggregates partner offers to enable side-by-side comparisons, while editorially maintaining objectivity to support users in identifying the products that best suit their individual needs.
Founded in 2009 by Tim Chen and Jacob Gibson, NerdWallet is headquartered in San Francisco and serves consumers primarily in the United States, with additional localized offerings in Canada and the United Kingdom.
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