NRDS Q1 2024 Earnings — NerdWallet, Inc. Revenue & Financial Results | Market Cap Arena

NRDSNerdWallet, Inc.

$785M

Q1 2024 Earnings

Financial Services Financial - Credit Services

Income Statement

Revenue

$162M-4.5% YoY

Gross Profit

$148M91.2% margin

Operating Income

$4M2.3% margin

Net Income

$1M0.7% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+21.1%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$17M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$446M

Total Liabilities

$67M

Stockholders' Equity

$379M

Cash & Equivalents

$111M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$162M	$170M	-4.5%
Gross Profit	$148M	$156M	-5.2%
Operating Income	$4M	-$800,000	+562.5%
Net Income	$1M	$2M	-35.3%

Revenue Segments

Emerging Verticals

$60M46%

Credit Card

$50M38%

Loans

$21M16%