Nerdwallet (NRDS) Gross Margin (2021 - 2026)
Nerdwallet (NRDS) posted quarterly Gross Margin of 93.88% for Q1 2026, up 258.0% year-over-year from 26.22% in Q1 2025, and little changed quarter-over-quarter from 93.97% in Q4 2025.
Analysis
Nerdwallet (NRDS) Gross Margin (2021 - 2026) Analysis & Trends
Nerdwallet's Gross Margin history runs 6 years deep, the most recent figure standing at 93.88% for Q1 2026.
- In Q1 2026, Gross Margin rose 258.0% year-over-year to 93.88%; the TTM figure through Mar 2026 stood at 93.04% (up 223.0% YoY), while the FY2025 annual figure was 92.39%, up 162.0% from the prior year.
- Gross Margin for Q1 2026 stood at 93.88%, roughly flat from 93.97% in the prior quarter.
- The five-year high for Gross Margin was 94.04% in Q1 2022, with the low at 89.68% in Q4 2023.
- The 5-year median for Gross Margin is 91.3% (2025), against an average of 91.8%.
- The sharpest annual moves came in 2023 and 2025: Gross Margin slumped 259 bps in 2023, then soared 305 bps in 2025.
- Nerdwallet's Gross Margin stood at 91.41% in 2022, then retreated by 2 bps to 89.68% in 2023, then climbed by 1 bps to 90.91% in 2024, then increased by 3 bps to 93.97% in 2025, then dropped by 0 bps to 93.88% in 2026.
- Business Quant data shows NRDS's Gross Margin at 93.88% in Q1 2026, 93.97% in Q4 2025, and 92.89% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 61.65% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 81.37% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 33.41% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 77.06% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 91.27% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 37.22% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 78.18% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 76.06% |
| 10 | Nerdwallet | 642.86 Mn | 580.86 Mn | 183.90 Mn | 93.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 93.21% |
| Mar 31, 2026 | 93.88% |
| Dec 31, 2025 | 93.97% |
| Sep 30, 2025 | 92.89% |
| Jun 30, 2025 | 91.12% |
| Mar 31, 2025 | 91.30% |
| Dec 31, 2024 | 90.91% |
| Sep 30, 2024 | 90.75% |
| Jun 30, 2024 | 90.11% |
| Mar 31, 2024 | 91.23% |
| Dec 31, 2023 | 89.68% |
| Sep 30, 2023 | 91.30% |
| Jun 30, 2023 | 90.86% |
| Mar 31, 2023 | 91.86% |
| Dec 31, 2022 | 91.41% |
| Sep 30, 2022 | 91.80% |
| Jun 30, 2022 | 93.45% |
| Mar 31, 2022 | 94.04% |
| Dec 31, 2021 | 92.76% |
| Sep 30, 2021 | 92.39% |