Nerdwallet (NRDS) Research & Development (2021 - 2026)
Nerdwallet (NRDS) posted quarterly Research & Development of $149.1 million for Q1 2026, up 787.5% year-over-year from $16.8 million in Q1 2025, and down 72.09% quarter-over-quarter from $534.3 million in Q4 2025.
Analysis
Nerdwallet (NRDS) Research & Development (2021 - 2026) Analysis & Trends
Nerdwallet's Research & Development history runs 6 years deep, the most recent figure standing at $149.1 million for Q1 2026.
- In Q1 2026, Research & Development rose 787.5% year-over-year to $149.1 million; the TTM figure through Mar 2026 stood at $946.7 million (up 932.63% YoY), while the FY2025 annual figure was $584.7 million, up 608.73% from the prior year.
- Research & Development for Q1 2026 stood at $149.1 million, down from $534.3 million in the prior quarter.
- The five-year high for Research & Development was $534.3 million in Q4 2025, with the low at -$259.6 million in Q4 2024.
- The 5-year median for Research & Development is $96.1 million (2022), against an average of $69.3 million.
- The sharpest annual moves came in 2024 and 2026: Research & Development sank 1378.82% in 2024, then surged 787.5% in 2026.
- Nerdwallet's Research & Development stood at -$210.5 million in 2022, then jumped by 109.64% to $20.3 million in 2023, then tumbled by 1378.82% to -$259.6 million in 2024, then surged by 305.82% to $534.3 million in 2025, then plunged by 72.09% to $149.1 million in 2026.
- Business Quant data shows NRDS's Research & Development at $149.1 million in Q1 2026, $534.3 million in Q4 2025, and $135.3 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 468.43 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 191.00 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 231.28 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -148.13 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -35.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 451.01 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 158.25 Mn |
| 10 | Nerdwallet | 642.86 Mn | 580.86 Mn | 183.90 Mn | 145.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 145.40 Mn |
| Mar 31, 2026 | 149.10 Mn |
| Dec 31, 2025 | 161.70 Mn |
| Sep 30, 2025 | 135.30 Mn |
| Jun 30, 2025 | 128.00 Mn |
| Mar 31, 2025 | 159.70 Mn |
| Dec 31, 2024 | 128.50 Mn |
| Sep 30, 2024 | 128.10 Mn |
| Jun 30, 2024 | 106.10 Mn |
| Mar 31, 2024 | 107.90 Mn |
| Dec 31, 2023 | 80.40 Mn |
| Sep 30, 2023 | 100.60 Mn |
| Jun 30, 2023 | 98.80 Mn |
| Mar 31, 2023 | 121.70 Mn |
| Dec 31, 2022 | 87.50 Mn |
| Sep 30, 2022 | 103.20 Mn |
| Jun 30, 2022 | 88.80 Mn |
| Mar 31, 2022 | 96.10 Mn |
| Dec 31, 2021 | 63.50 Mn |
| Sep 30, 2021 | 56.60 Mn |