Nerdwallet (NRDS) Operating Expenses (2021 - 2026)
Nerdwallet (NRDS) posted quarterly Operating Expenses of $195.0 million for Q1 2026, down 6.47% year-over-year from $208.5 million in Q1 2025, and down 5.34% quarter-over-quarter from $206.0 million in Q4 2025.
Analysis
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 for Q1 2026 stood at $195.0 million, down from $206.0 million in the prior quarter.
- The five-year high for Operating Expenses was $208.5 million in Q1 2025, with the low at $129.1 million in Q4 2023.
- The 5-year median for Operating Expenses is $160.2 million (2024), against an average of $164.6 million.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 64.21% in 2022, then decreased 7.16% in 2024.
- Nerdwallet's Operating Expenses stood at $134.1 million in 2022, then dropped by 3.73% to $129.1 million in 2023, then jumped by 35.63% to $175.1 million in 2024, then increased by 17.65% to $206.0 million in 2025, then fell by 5.34% to $195.0 million in 2026.
- Business Quant data shows NRDS's Operating Expenses at $195.0 million in Q1 2026, $206.0 million in Q4 2025, and $180.7 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 79.03 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 42.03 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 640.46 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 758.20 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 573.19 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -379.21 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -191.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 1.23 Bn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 607.66 Mn |
| 10 | Nerdwallet | 642.86 Mn | 580.86 Mn | 183.90 Mn | 190.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 190.30 Mn |
| 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 |