Nerdwallet (NRDS) Gross Margin (2021 - 2026)

Nerdwallet's Gross Margin history runs 6 years deep, the most recent figure standing at 32.9% for Q1 2026.

• In Q1 2026, Gross Margin rose 924.0% year-over-year to 32.9%; the TTM figure through Mar 2026 stood at 63.98% (up 744.0% YoY), while the FY2025 annual figure was 92.39%, up 162.0% from the prior year.
• Gross Margin was 32.9% for Q1 2026 at Nerdwallet, down from 93.97% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 93.97% in Q4 2025 to a low of 23.66% in Q1 2025.
• Historically, Gross Margin has averaged 59.47% across 5 years, with a median of 38.38% in 2022.
• The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 6722 bps in 2022, then surged 6630 bps in 2023.
• A 5-year view of Gross Margin shows it stood at 38.38% in 2022, then surged by 134 bps to 89.68% in 2023, then grew by 1 bps to 90.91% in 2024, then rose by 3 bps to 93.97% in 2025, then sank by 65 bps to 32.9% in 2026.
• The last three Gross Margin figures came in at 32.9% (Q1 2026), 93.97% (Q4 2025), and 92.89% (Q3 2025), per Business Quant data.