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 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 480.50 Mn
6 Pinterest 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
DateValue
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