NRDS Q2 2024 Earnings — NerdWallet, Inc. Revenue & Financial Results | Market Cap Arena

NRDSNerdWallet, Inc.

$785M

Q2 2024 Earnings

Financial Services Financial - Credit Services

Income Statement

Revenue

$151M+5.1% YoY

Gross Profit

$136M90.1% margin

Operating Income

-$10M-6.4% margin

Net Income

-$9M-6.2% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

-7.0%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$5M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$446M

Total Liabilities

$67M

Stockholders' Equity

$379M

Cash & Equivalents

$112M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$151M	$143M	+5.1%
Gross Profit	$136M	$130M	+4.2%
Operating Income	-$10M	-$4M	-128.6%
Net Income	-$9M	-$11M	+12.1%

Revenue Segments

Emerging Verticals

$57M46%

Credit Card

$46M37%

Loans

$22M17%