Nerdwallet annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
Nerdwallet Debt-to-Equity Ratio Growth & History (NRDS)
Nerdwallet's debt-to-equity ratio was 0.02 for fiscal 2025.
View full Nerdwallet company overviewNerdwallet annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.02 | 0.00 | +21.56% |
| 2024 | 2024-12-31 | 0.02 | −0.01 | −32.84% |
| 2023 | 2023-12-31 | 0.03 | −0.01 | −29.60% |
| 2022 | 2022-12-31 | 0.04 | −0.02 | −36.59% |
| 2021 | 2021-12-31 | 0.06 | −0.49 | −89.23% |
| 2020 | 2020-12-31 | 0.54 | — | — |
Nerdwallet quarterly debt-to-equity ratio
Q4.20
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.02 | −0.00 | −3.42% |
| Q1 2026 | 2026-03-31 | 0.02 | 0.01 | +52.73% |
| Q4 2025 | 2025-12-31 | 0.02 | 0.00 | +21.56% |
| Q3 2025 | 2025-09-30 | 0.02 | −0.00 | −1.30% |
| Q2 2025 | 2025-06-30 | 0.02 | 0.00 | +9.75% |
| Q1 2025 | 2025-03-31 | 0.01 | −0.01 | −34.82% |
| Q4 2024 | 2024-12-31 | 0.02 | −0.01 | −32.84% |
| Q3 2024 | 2024-09-30 | 0.02 | −0.01 | −25.05% |
| Q2 2024 | 2024-06-30 | 0.02 | −0.01 | −33.00% |
| Q1 2024 | 2024-03-31 | 0.02 | −0.01 | −31.53% |
| Q4 2023 | 2023-12-31 | 0.03 | −0.01 | −29.60% |
| Q3 2023 | 2023-09-30 | 0.03 | −0.23 | −89.09% |
| Q2 2023 | 2023-06-30 | 0.03 | −0.02 | −43.06% |
| Q1 2023 | 2023-03-31 | 0.03 | −0.02 | −42.76% |
| Q4 2022 | 2022-12-31 | 0.04 | −0.02 | −36.59% |
| Q3 2022 | 2022-09-30 | 0.26 | — | — |
| Q2 2022 | 2022-06-30 | 0.05 | — | — |
| Q1 2022 | 2022-03-31 | 0.06 | — | — |
| Q4 2021 | 2021-12-31 | 0.06 | −0.49 | −89.23% |
| Q4 2020 | 2020-12-31 | 0.54 | — | — |
Nerdwallet debt-to-equity ratio trends
Over the last five fiscal years, Nerdwallet's debt-to-equity ratio decreased from 0.54 to 0.02, a change of −0.52. The latest reported quarter, Q2 2026, shows 0.02.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Nerdwallet source filings ↗