Nerdwallet (NRDS) EV to EBITDA (2022 - 2026)
Nerdwallet's (NRDS) EV to EBITDA stood at 4.13 in Q2 2026, down 56.2% from 9.44 a year earlier and down 10.9% from the prior quarter.
Nerdwallet (NRDS) EV to EBITDA (2022 - 2026) Analysis & Trends
On a TTM basis, Nerdwallet's EV to EBITDA came in at 1.98 as of Jun 30, 2026, down 69.1% year-over-year; for FY2025, it came in at 7.77, down 51.1% from FY2024.
- Annual EV to EBITDA has declined for three straight years.
- Across earlier years, EV to EBITDA came in at 15.91 in FY2024 (-20.2%), 19.93 in FY2023 (-43.7%) and 35.40 in FY2022.
- The Q2 2026 figure is the lowest quarterly EV to EBITDA in data going back to Q2 2022.
- On a year-over-year basis, EV to EBITDA has declined for seven consecutive quarters, with an average decline of 36.6% over the last eight quarters.
- Peak year-over-year performance for EV to EBITDA in the last five years was growth of 44.8% in Q3 2024, against a decline of 68.9% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 4.63 (Q1 2026), 7.77 (Q4 2025) and 6.65 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,071.44 Bn | 3,828.96 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,777.07 Bn | 1,479.59 Bn | 49.47 Bn |
| 3 | Netflix | 272.74 Bn | 232.94 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 242.17 Bn | 55.95 Bn | 15.11 Bn |
| 5 | Shopify | 225.98 Bn | 203.16 Bn | 1.71 Bn |
| 6 | Uber Technologies | 137.80 Bn | 109.60 Bn | 6.38 Bn |
| 7 | Booking Holdings | 121.57 Bn | 54.62 Bn | - |
| 8 | PDD Holdings | 110.14 Bn | -133.64 Bn | 9.45 Bn |
| 9 | Spotify Technology | 107.49 Bn | 64.99 Bn | 1.86 Bn |
| 10 | Nerdwallet | 679.32 Mn | 342.12 Mn | 183.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.13 |
| Mar 31, 2026 | 4.63 |
| Dec 31, 2025 | 7.77 |
| Sep 30, 2025 | 6.65 |
| Jun 30, 2025 | 9.44 |
| Mar 31, 2025 | 10.49 |
| Dec 31, 2024 | 15.91 |
| Sep 30, 2024 | 15.95 |
| Jun 30, 2024 | 20.17 |
| Mar 31, 2024 | 18.26 |
| Dec 31, 2023 | 19.93 |
| Sep 30, 2023 | 11.01 |
| Jun 30, 2023 | 16.48 |
| Mar 31, 2023 | 37.03 |
| Dec 31, 2022 | 35.40 |
| Jun 30, 2022 | 52.97 |
Nerdwallet EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=NRDS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "NRDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=NRDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();