Nerdwallet (NRDS) Operating Margin (2021 - 2026)
Nerdwallet's Operating Margin came in at 3.55% for Q2 2026, down 2.18 percentage points from 5.72% a year earlier and down 8.69 percentage points from the prior quarter.
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Analysis
Nerdwallet (NRDS) Operating Margin (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nerdwallet reported Operating Margin of 10.23%, up 6.77 percentage points year-over-year; for FY2025, it came in at 7.79%, up 6.43 percentage points from FY2024.
- Operating Margin has increased in each of the last four years, with a five-year change of +7.02 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 1.37% in FY2024 (+0.77 pp), 0.60% in FY2023 (+4.13 pp), -3.53% in FY2022 (+6.75 pp) and -10.27% in FY2021 (-11.05 pp).
- The Q2 2026 figure represents the lowest quarterly Operating Margin since Q1 2025.
- Year-over-year, Operating Margin increased in six of the last eight quarters, with an average year-over-year change of +4.80 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q2 2022 (a gain of 17.59 percentage points), and the weakest in Q3 2022 (a drop of 12.57 percentage points).
- Business Quant data shows NRDS's Operating Margin at 12.24% (Q1 2026), 8.61% (Q4 2025) and 15.99% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,555.16 Bn | 3,290.06 Bn | 76.16 Bn | 31.81% |
| 2 | Meta Platforms | 1,645.02 Bn | 1,309.54 Bn | 51.23 Bn | 20.10% |
| 3 | Netflix | 259.98 Bn | 221.27 Bn | 6.80 Bn | 34.63% |
| 4 | Alibaba Group Holding | 242.36 Bn | 241.21 Bn | - | - |
| 5 | Shopify | 192.37 Bn | 171.18 Bn | 1.78 Bn | 15.18% |
| 6 | Uber Technologies | 142.90 Bn | 113.72 Bn | 6.42 Bn | 9.80% |
| 7 | AppLovin | 130.75 Bn | 119.27 Bn | 1.94 Bn | 78.22% |
| 8 | Spotify Technology | 122.74 Bn | 105.49 Bn | - | - |
| 9 | Booking Holdings | 122.04 Bn | 55.79 Bn | - | 38.43% |
| 10 | Nerdwallet | 498.28 Mn | 208.18 Mn | 225.80 Mn | 8.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.10% |
| Jun 30, 2026 | 3.55% |
| Mar 31, 2026 | 12.24% |
| Dec 31, 2025 | 8.61% |
| Sep 30, 2025 | 15.99% |
| Jun 30, 2025 | 5.72% |
| Mar 31, 2025 | 0.33% |
| Dec 31, 2024 | 4.73% |
| Sep 30, 2024 | 3.45% |
| Jun 30, 2024 | -6.37% |
| Mar 31, 2024 | 2.29% |
| Dec 31, 2023 | 3.44% |
| Sep 30, 2023 | 2.62% |
| Jun 30, 2023 | -2.93% |
| Mar 31, 2023 | -0.47% |
| Dec 31, 2022 | 5.56% |
| Sep 30, 2022 | -6.17% |
| Jun 30, 2022 | -7.19% |
| Mar 31, 2022 | -7.05% |
| Dec 31, 2021 | -9.45% |
API Access
Nerdwallet Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=NRDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "NRDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=NRDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();