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Nerdwallet (NRDS) Cost of Revenue (2021 - 2025)

Nerdwallet has reported Cost of Revenue over the past 5 years, most recently at $534.6 million for Q4 2025.

  • Quarterly results put Cost of Revenue at $534.6 million for Q4 2025, up 3101.2% from a year ago — trailing twelve months through Dec 2025 was $837.6 million (up 215.96% YoY), and the annual figure for FY2025 was $584.7 million, up 820.79%.
  • Cost of Revenue for Q4 2025 was $534.6 million at Nerdwallet, up from $15.3 million in the prior quarter.
  • Over the last five years, Cost of Revenue for NRDS hit a ceiling of $534.6 million in Q4 2025 and a floor of -$248.3 million in Q4 2022.
  • Median Cost of Revenue over the past 5 years was $36.6 million (2021), compared with a mean of $75.0 million.
  • Biggest five-year swings in Cost of Revenue: tumbled 199.32% in 2022 and later soared 3101.2% in 2025.
  • Nerdwallet's Cost of Revenue stood at $250.0 million in 2021, then tumbled by 199.32% to -$248.3 million in 2022, then skyrocketed by 105.56% to $13.8 million in 2023, then increased by 21.01% to $16.7 million in 2024, then soared by 3101.2% to $534.6 million in 2025.
  • The last three reported values for Cost of Revenue were $534.6 million (Q4 2025), $15.3 million (Q3 2025), and $128.0 million (Q2 2025) per Business Quant data.