Nerdwallet (NRDS) Research & Development (2021 - 2026)
Nerdwallet's Research & Development came in at $17.5 million for Q2 2026, down 2.2% from $17.9 million a year earlier but up 4.2% from the prior quarter.
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Analysis
Nerdwallet (NRDS) Research & Development (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nerdwallet reported Research & Development of $66.3 million, down 10.2% year-over-year; for FY2025, it came in at $66.7 million, down 19.2% from FY2024.
- Research & Development carries a five-year compound annual growth rate of 5.6% (FY2020 to FY2025).
- Going back by year, Research & Development was $82.5 million in FY2024 (+2.5%), $80.5 million in FY2023 (+3.7%), $77.6 million in FY2022 (+24.8%) and $62.2 million in FY2021 (+22.2%).
- The five-year range for quarterly Research & Development is $15.7 million (Q3 2025) to $23 million (Q3 2024).
- Year-over-year, Research & Development increased in two of the last eight quarters, with an average decline of 10.3%.
- The fastest year-over-year change in Research & Development over five years came in Q1 2022 (growth of 42.6%), and the weakest in Q3 2025 (a decline of 31.7%).
- Business Quant data shows NRDS's Research & Development at $16.8 million (Q1 2026), $16.3 million (Q4 2025) and $15.7 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,126.42 Bn | 3,883.94 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,763.57 Bn | 1,466.09 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Netflix | 287.17 Bn | 247.37 Bn | 6.52 Bn | 1.01 Bn |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn | -3.32 Bn |
| 5 | Shopify | 224.54 Bn | 201.72 Bn | 1.71 Bn | 445.00 Mn |
| 6 | Uber Technologies | 140.28 Bn | 112.08 Bn | 6.38 Bn | 1.04 Bn |
| 7 | Booking Holdings | 125.81 Bn | 58.86 Bn | - | - |
| 8 | PDD Holdings | 114.10 Bn | -129.68 Bn | 9.45 Bn | -673.00 Mn |
| 9 | Spotify Technology | 108.24 Bn | 65.74 Bn | 1.86 Bn | 468.43 Mn |
| 10 | Nerdwallet | 683.88 Mn | 346.68 Mn | 183.90 Mn | 17.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.50 Mn |
| Mar 31, 2026 | 16.80 Mn |
| Dec 31, 2025 | 16.30 Mn |
| Sep 30, 2025 | 15.70 Mn |
| Jun 30, 2025 | 17.90 Mn |
| Mar 31, 2025 | 16.80 Mn |
| Dec 31, 2024 | 16.10 Mn |
| Sep 30, 2024 | 23.00 Mn |
| Jun 30, 2024 | 22.70 Mn |
| Mar 31, 2024 | 20.70 Mn |
| Dec 31, 2023 | 20.30 Mn |
| Sep 30, 2023 | 20.70 Mn |
| Jun 30, 2023 | 20.00 Mn |
| Mar 31, 2023 | 19.50 Mn |
| Dec 31, 2022 | 19.40 Mn |
| Sep 30, 2022 | 20.70 Mn |
| Jun 30, 2022 | 20.10 Mn |
| Mar 31, 2022 | 17.40 Mn |
| Dec 31, 2021 | 18.60 Mn |
| Sep 30, 2021 | 16.60 Mn |
API Access
Nerdwallet Research & Development 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=research-and-development&ticker=NRDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=NRDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();