NerdWallet (NRDS) Revenue & Revenue Breakdown


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NerdWallet Revenue Highlights


Latest Revenue (Y)

$687.60M

Latest Revenue (Q)

$191.30M

Main Segment (Y)

Insurance

NerdWallet Revenue by Period


NerdWallet Revenue by Year

DateRevenueChange
2024-12-31$687.60M14.71%
2023-12-31$599.40M11.23%
2022-12-31$538.90M41.97%
2021-12-31$379.60M54.75%
2020-12-31$245.30M7.45%
2019-12-31$228.30M-

NerdWallet generated $687.60M in revenue during NA 2024, up 14.71% compared to the previous quarter, and up 301.18% compared to the same period a year ago.

NerdWallet Revenue by Quarter

DateRevenueChange
2024-09-30$191.30M27.03%
2024-06-30$150.60M-6.98%
2024-03-31$161.90M21.09%
2023-12-31$133.70M-12.50%
2023-09-30$152.80M6.63%
2023-06-30$143.30M-15.51%
2023-03-31$169.60M19.44%
2022-12-31$142.00M-0.42%
2022-09-30$142.60M13.90%
2022-06-30$125.20M-3.02%
2022-03-31$129.10M29.75%
2021-12-31$99.50M1.02%
2021-09-30$98.50M7.53%
2021-06-30$91.60M1.78%
2021-03-31$90.00M58.73%
2020-12-31$56.70M10.53%
2020-09-30$51.30M9.38%
2020-06-30$46.90M-48.12%
2020-03-31$90.40M-

NerdWallet generated $191.30M in revenue during Q3 2024, up 27.03% compared to the previous quarter, and up 133.50% compared to the same period a year ago.

NerdWallet Revenue Breakdown


NerdWallet Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21
Emerging Verticals$125.30M$186.90M--
Insurance$191.60M---
Loans$84.50M$101.60M$109.10M$126.40M
Credit Card$176.40M$209.70M$210.30M$123.80M
Other Verticals--$219.50M$129.40M

NerdWallet's latest annual revenue breakdown by segment (product or service), as of Dec 24: Insurance (33.16%), Credit Card (30.53%), Emerging Verticals (21.69%), and Loans (14.62%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Jun 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
Credit Card$85.00M$45.30M$46.10M$43.20M$54.00M$51.20M$61.30M$53.10M$57.40M$54.60M$45.20M
Emerging Verticals-$94.40M$56.70M--------
Loans$39.00M$23.80M$21.70M$23.60M$32.90M$23.10M$22.00M$22.40M$28.40M$24.00M$34.30M
Other Verticals----$65.90M$69.00M$86.30M$66.50M$56.80M$46.60M$49.60M

NerdWallet's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Credit Card (68.55%), and Loans (31.45%).

NerdWallet Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
IXORIX$2.81T$776.50B
NAVINavient$3.81B$948.00M
FCFSFirstCash$3.39B$836.42M
ENVAEnova$2.66B$689.92M
SLMSLM$2.62B-
EZPWEZCORP$1.05B$306.32M
OPRTOportun Financial$1.00B$249.95M
NRDSNerdWallet$687.60M$191.30M
MFINMedallion Financial$290.70M$77.00M
LPROOpen Lending$24.02M$23.48M

NRDS Revenue FAQ


What is NerdWallet’s yearly revenue?

NerdWallet's yearly revenue for 2024 was $687.6M, representing an increase of 14.71% compared to 2023. The company's yearly revenue for 2023 was $599.4M, representing an increase of 11.23% compared to 2022. NRDS's yearly revenue for 2022 was $538.9M, representing an increase of 41.97% compared to 2021.

What is NerdWallet’s quarterly revenue?

NerdWallet's quarterly revenue for Q3 2024 was $191.3M, a 27.03% increase from the previous quarter (Q2 2024), and a 25.20% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $150.6M, a -6.98% decrease from the previous quarter (Q1 2024), and a 5.09% increase year-over-year (Q2 2023). NRDS's quarterly revenue for Q1 2024 was $161.9M, a 21.09% increase from the previous quarter (Q4 2023), and a -4.54% decrease year-over-year (Q1 2023).

What is NerdWallet’s revenue growth rate?

NerdWallet's revenue growth rate for the last 3 years (2022-2024) was 27.59%, and for the last 5 years (2020-2024) was 180.31%.

What are NerdWallet’s revenue streams?

NerdWallet's revenue streams in c 24 are Emerging Verticals, Insurance, Loans, and Credit Card. Emerging Verticals generated $125.3M in revenue, accounting 21.69% of the company's total revenue, down -32.96% year-over-year. Insurance generated $191.6M in revenue, accounting 33.16% of the company's total revenue Loans generated $84.5M in revenue, accounting 14.62% of the company's total revenue, down -16.83% year-over-year. Credit Card generated $176.4M in revenue, accounting 30.53% of the company's total revenue, down -15.88% year-over-year.

What is NerdWallet’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of NerdWallet was Insurance. This segment made a revenue of $191.6M, representing 33.16% of the company's total revenue.