Nerdwallet (NRDS) Operating Expenses (2021 - 2026)
Nerdwallet (NRDS) recorded quarterly Operating Expenses of $195.0 million in Q1 2026, down 5.34% quarter-over-quarter from $206.0 million in Q4 2025, and down 6.47% on a YoY basis from $208.5 million in Q1 2025.
Nerdwallet (NRDS) Operating Expenses (2021 - 2026) Analysis & Trends
Nerdwallet's Operating Expenses history runs 6 years deep, the most recent figure standing at $195.0 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 6.47% year-over-year to $195.0 million; the TTM figure through Mar 2026 stood at $757.9 million (up 4.04% YoY), while the FY2025 annual figure was $771.4 million, up 13.74% from the prior year.
- Operating Expenses was $195.0 million for Q1 2026 at Nerdwallet, down from $206.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $208.5 million in Q1 2025 to a low of $129.1 million in Q4 2023.
- Historically, Operating Expenses has averaged $164.6 million across 5 years, with a median of $160.2 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 64.21% in 2022, then slipped 7.16% in 2024.
- A 5-year view of Operating Expenses shows it stood at $134.1 million in 2022, then declined by 3.73% to $129.1 million in 2023, then surged by 35.63% to $175.1 million in 2024, then rose by 17.65% to $206.0 million in 2025, then retreated by 5.34% to $195.0 million in 2026.
- The last three Operating Expenses figures came in at $195.0 million (Q1 2026), $206.0 million (Q4 2025), and $180.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 527.00 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 70.20 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 33.44 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 512.79 Mn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 480.50 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 1.09 Bn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | -209.66 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 1.60 Bn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 483.00 Mn |
| 10 | Nerdwallet | 543.55 Mn | 487.25 Mn | 73.10 Mn | 195.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 195.00 Mn |
| Dec 31, 2025 | 206.00 Mn |
| Sep 30, 2025 | 180.70 Mn |
| Jun 30, 2025 | 176.20 Mn |
| Mar 31, 2025 | 208.50 Mn |
| Dec 31, 2024 | 175.10 Mn |
| Sep 30, 2024 | 184.70 Mn |
| Jun 30, 2024 | 160.20 Mn |
| Mar 31, 2024 | 158.20 Mn |
| Dec 31, 2023 | 129.10 Mn |
| Sep 30, 2023 | 148.80 Mn |
| Jun 30, 2023 | 147.50 Mn |
| Mar 31, 2023 | 170.40 Mn |
| Dec 31, 2022 | 134.10 Mn |
| Sep 30, 2022 | 151.40 Mn |
| Jun 30, 2022 | 134.20 Mn |
| Mar 31, 2022 | 138.20 Mn |
| Dec 31, 2021 | 108.90 Mn |
| Sep 30, 2021 | 92.20 Mn |
| Jun 30, 2021 | 114.30 Mn |