NerdWallet, Inc. operates a digital platform that provides consumer-driven advice about personal finance by connecting individuals and small and mid-sized businesses with financial products providers. The company's platform offers guidance to consumers through educational content, tools and calculators, and product marketplaces, as well as NerdWallet app for various financial products, including credit cards, mortgages, insurance, SMB products, personal loans, banking, investing, and student loans. It serves customers in the United States, the United Kingdom, and Canada. The company was founded in 2009 and is based in San Francisco, California.

NerdWallet, Inc.

NerdWallet is on a mission to help provide clarity for consumers and SMBs so they can make financial decisions with confidence. We work hard to cultivate an award-winning culture in which our Nerds can realize this mission, and we pride ourselves on the programs we’ve created to positively impact the lives of our consumers, our Nerds, and our wider world.

NerdWallet invests in its people, fostering an equitable and inclusive workplace in which Nerds can thrive professionally and personally. This includes a remote-first philosophy that allows for diverse recruitment and hiring, development programs to facilitate career growth, and a twice-yearly pay equity review process. NerdWallet also has five employee resource groups (ERGs) to provide inclusive, supportive peer communities within the workplace: NerdOut, NerdParents, NerdWomen, NerdWallet Women in Data & Engineering and Nerds of Color. 

NerdWallet invests in its larger communities through our Corporate Social Responsibility program that was created to support those traditionally locked out of the financial system. Millions of Americans are unbanked or underbanked, lacking access to credit and other financial products that some of us take for granted. Through our CSR platform, we’re striving to make a tangible difference for these underserved communities. 

NerdWallet’s award-winning culture was named an Inc. Best Workplace in 2022 and has also been recognized by Fast Company, Fortune, People, and more. Come Nerd out with us at www.nerdwallet.com.

Silicon Valley Bank

Raison Asset Management

Employee Stock Option Fund

MAK Ventures

Camelot Financial Capital Management

Bradley Horowitz

RRE Ventures

iGlobe Partners

Core Innovation Capital

Joe Montana

Steven Fan

NerdWallet

Our 2024 Best-Of Awards are here! These annual awards recognize the best financial products on the market to help consumers make the smartest financial decisions. A team of trusted Nerds—composed of seasoned journalists and subject-matter experts—used a comprehensive scoring formula to evaluate over 1,000 financial products and choose winners that deliver the most value to consumers. 

This year’s awards feature top picks across Credit Cards, Personal Loans, Banking, Investing, Mortgages, Insurance, and Travel Rewards. Learn more about our rigorous evaluation process and check out our winners:
 
#personalfinance #awards

Our Chief People Officer Lynee Luque spoke with Kevin Kruse at Forbes about NerdWallet’s focus on transparency and accuracy, and how our commitments to consumers are reflected in our company culture and values. 

“When I think about what we provide to consumers, I'm not surprised that it mirrors how I describe our internal culture," said Luque. "To help our consumers make sense of opaque and overwhelming financial information, we have to be extraordinarily transparent, accurate, and responsible. Those attributes permeate our culture.”

#leadership #companyculture

Our CFO, Lauren StClair Waugh, joined JACK SWEENEY on the latest episode of the CFO THOUGHT LEADER podcast. Tune in to hear about Lauren’s journey with NerdWallet and her advice for aspiring finance leaders.

Listen to the episode here: https://lnkd.in/dGGCBVcf 

#leadership #cfo #finance 

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	228.30M -	245.30M 7.45%	379.60M 54.75%	538.90M 41.97%	599.40M 11.23%
cost of revenue	16.10M -	21.30M 32.30%	28.50M 33.80%	39.80M 39.65%	54M 35.68%
gross profit	212.20M -	224M 5.56%	351.10M 56.74%	499.10M 42.15%	545.40M 9.28%
selling and marketing expenses	115.60M -	144M 24.57%	271.30M 88.40%	375.60M 38.44%	401.50M 6.90%
general and administrative expenses	22.20M -	28M 26.13%	38.50M 37.50%	58.20M 51.17%	59.80M 2.75%
selling general and administrative expenses	137.80M -	172M 24.82%	309.80M 80.12%	433.80M 40.03%	461.30M 6.34%
research and development expenses	46M -	50.90M 10.65%	62.20M 22.20%	77.60M 24.76%	80.50M 3.74%
other expenses	-500K -	-100K 80%	18.10M 18,200%	6.70M 62.98%	-100K 101.49%
cost and expenses	199.90M -	244.20M 22.16%	418.60M 71.42%	557.90M 33.28%	595.80M 6.79%
operating expenses	183.80M -	222.90M 21.27%	390.10M 75.01%	518.10M 32.81%	541.80M 4.57%
interest expense	1.10M -	1.10M 0%	1.30M 18.18%	2.50M 92.31%	800K 68%
ebitda	38.40M -	16.30M 57.55%	-9.30M 157.06%	19.50M 309.68%	51.80M 165.64%
operating income	28.40M -	1.20M 95.77%	-39M 3,350%	-17.50M 55.13%	3.60M 120.57%
depreciation and amortization	10M -	15.10M 51%	29.70M 96.69%	37M 24.58%	48.20M 30.27%
total other income expenses net	-500K -	-300K 40%	1.30M 533.33%	-2.50M 292.31%	2.70M 208%
income before tax	27.90M -	900K 96.77%	-37.70M 4,288.89%	-20M 46.95%	6.30M 131.50%
income tax expense	3.70M -	-4.40M 218.92%	4.80M 209.09%	-9.80M 304.17%	18.10M 284.69%
net income	24.20M -	5.30M 78.10%	-42.50M 901.89%	-10.20M 76%	-11.80M 15.69%
weighted average shs out	65.83M -	65.83M 0%	67.07M 1.88%	70.60M 5.26%	76.70M 8.64%
weighted average shs out dil	65.83M -	65.83M 0%	67.07M 1.88%	70.60M 5.26%	76.70M 8.64%
eps	0.37 -	0.08 78.24%	-0.63 882.61%	-0.14 77.78%	-0.15 7.14%
epsdiluted	0.37 -	0.08 78.24%	-0.63 882.61%	-0.14 77.78%	-0.15 7.14%

NASDAQ:NRDS

NerdWallet, Inc.

Last Close

15.92

26/07 20:00

Market Cap

1.11B

Beta: -

Volume Today

280.07K

Avg: 835.67K

PE Ratio

−1,942.67

PFCF: 32.62

Preview