NRDS Q2 2023 Earnings — NerdWallet, Inc. Revenue & Financial Results | Market Cap Arena

NRDSNerdWallet, Inc.

$785M

Q2 2023 Earnings

Financial Services Financial - Credit Services

Income Statement

Revenue

$143M+14.5% YoY

Gross Profit

$130M90.9% margin

Operating Income

-$4M-2.9% margin

Net Income

-$11M-7.5% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

-15.5%

Cash Flow

Operating Cash Flow

-$10M

Free Cash Flow

-$18M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$411M

Total Liabilities

$46M

Stockholders' Equity

$365M

Cash & Equivalents

$67M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$143M	$125M	+14.5%
Gross Profit	$130M	$117M	+11.3%
Operating Income	-$4M	-$9M	+53.3%
Net Income	-$11M	-$9M	-15.1%

Revenue Segments

Other Verticals

$69M48%

Credit Card

$51M36%

Loans

$23M16%