Nerdwallet (NRDS) Cost of Revenue (2021 - 2026)

Nerdwallet's Cost of Revenue history runs 6 years deep, the most recent figure standing at $149.1 million for Q1 2026.

• In Q1 2026, Cost of Revenue fell 6.64% year-over-year to $149.1 million; the TTM figure through Mar 2026 stood at $306.0 million (down 4.2% YoY), while the FY2025 annual figure was $63.7 million, changed 0.31% from the prior year.
• Cost of Revenue was $149.1 million for Q1 2026 at Nerdwallet, up from $13.6 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $159.7 million in Q1 2025 to a low of $11.7 million in Q3 2022.
• Historically, Cost of Revenue has averaged $68.1 million across 5 years, with a median of $87.5 million in 2022.
• The sharpest annual moves came in 2022 and 2025: Cost of Revenue surged 1378.46% in 2022, then plunged 88.06% in 2025.
• A 5-year view of Cost of Revenue shows it stood at $87.5 million in 2022, then plunged by 84.23% to $13.8 million in 2023, then gained by 21.01% to $16.7 million in 2024, then slipped by 18.56% to $13.6 million in 2025, then soared by 996.32% to $149.1 million in 2026.
• The last three Cost of Revenue figures came in at $149.1 million (Q1 2026), $13.6 million (Q4 2025), and $15.3 million (Q3 2025), per Business Quant data.