Nerdwallet (NRDS) Cost of Revenue (2021 - 2026)
Nerdwallet's quarterly Cost of Revenue came in at $149.1 million in Q1 2026, down 6.64% year-on-year from $159.7 million in Q1 2025, and up 996.32% quarter-over-quarter from $13.6 million in Q4 2025.
Nerdwallet has reported Cost of Revenue for 6 years, with the latest figure at $149.1 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue fell 6.64% year-over-year to $149.1 million; the trailing twelve-month figure through Mar 2026 stood at $306.0 million (down 4.2% YoY), and the FY2025 full-year result was $63.7 million, changed 0.31% from the prior year.
- Cost of Revenue for Q1 2026 stood at $149.1 million, up from $13.6 million in the prior quarter.
- The five-year high for Cost of Revenue was $159.7 million in Q1 2025, with the low at $11.7 million in Q3 2022.
- Average Cost of Revenue over 5 years is $68.1 million, with a median of $87.5 million recorded in 2022.
- Year-over-year, Cost of Revenue jumped 1378.46% in 2022 and plunged 88.06% in 2025.
- Tracing NRDS's Cost of Revenue over 5 years: stood at $87.5 million in 2022, then tumbled by 84.23% to $13.8 million in 2023, then advanced by 21.01% to $16.7 million in 2024, then dropped by 18.56% to $13.6 million in 2025, then jumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,546.40 Bn | 1,465.22 Bn | 46.09 Bn | 10.22 Bn |
| 2 | Spotify Technology | 125.20 Bn | 114.96 Bn | 1.75 Bn | 3.56 Bn |
| 3 | 27.13 Bn | 24.36 Bn | 511.94 Mn | 151.47 Mn | |
| 4 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 103.80 Mn |
| 5 | Kanzhun | 12.76 Bn | 10.55 Bn | 255.62 Bn | 43.23 Bn |
| 6 | 12.28 Bn | 10.98 Bn | 768.96 Mn | 238.55 Mn | |
| 7 | Strive | 9.69 Bn | 9.62 Bn | - | - |
| 8 | Snap | 9.65 Bn | 6.83 Bn | 1.29 Bn | 239.01 Mn |
| 9 | Zillow | 8.69 Bn | 7.91 Bn | 519.00 Mn | 189.00 Mn |
| 10 | Nerdwallet | 569.47 Mn | 513.17 Mn | 73.10 Mn | 149.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 149.10 Mn |
| Mar 31, 2026 | 149.10 Mn |
| Dec 31, 2025 | 13.60 Mn |
| Dec 31, 2025 | 13.60 Mn |
| Sep 30, 2025 | 15.30 Mn |
| Sep 30, 2025 | 15.30 Mn |
| Jun 30, 2025 | 128.00 Mn |
| Jun 30, 2025 | 128.00 Mn |
| Mar 31, 2025 | 159.70 Mn |
| Mar 31, 2025 | 159.70 Mn |
| Dec 31, 2024 | 16.70 Mn |
| Dec 31, 2024 | 16.70 Mn |
| Sep 30, 2024 | 128.10 Mn |
| Sep 30, 2024 | 128.10 Mn |
| Jun 30, 2024 | 14.90 Mn |
| Jun 30, 2024 | 14.90 Mn |
| Mar 31, 2024 | 107.90 Mn |
| Mar 31, 2024 | 107.90 Mn |
| Dec 31, 2023 | 13.80 Mn |
| Dec 31, 2023 | 13.80 Mn |
| Sep 30, 2023 | 13.30 Mn |
| Sep 30, 2023 | 13.30 Mn |
| Jun 30, 2023 | 98.80 Mn |
| Jun 30, 2023 | 98.80 Mn |
| Mar 31, 2023 | 13.80 Mn |
| Mar 31, 2023 | 13.80 Mn |
| Dec 31, 2022 | 87.50 Mn |
| Dec 31, 2022 | 87.50 Mn |
| Sep 30, 2022 | 11.70 Mn |
| Sep 30, 2022 | 11.70 Mn |
| Jun 30, 2022 | 88.80 Mn |
| Jun 30, 2022 | 88.80 Mn |
| Mar 31, 2022 | 96.10 Mn |
| Mar 31, 2022 | 96.10 Mn |
| Dec 31, 2021 | 7.20 Mn |
| Dec 31, 2021 | 7.20 Mn |
| Sep 30, 2021 | 7.50 Mn |
| Sep 30, 2021 | 7.50 Mn |
| Jun 30, 2021 | 7.30 Mn |
| Jun 30, 2021 | 7.30 Mn |
| Mar 31, 2021 | 6.50 Mn |
| Mar 31, 2021 | 6.50 Mn |