Nerdwallet annual operating expenses
2019
2020
2021
2022
2023
2024
2025
Nerdwallet Operating Expenses Growth & History (NRDS)
Nerdwallet's operating expenses was $771.4M for fiscal 2025.
View full Nerdwallet company overviewNerdwallet annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $771.4M | $93.2M | +13.74% |
| 2024 | 2024-12-31 | $678.2M | $82.4M | +13.83% |
| 2023 | 2023-12-31 | $595.8M | $37.9M | +6.79% |
| 2022 | 2022-12-31 | $557.9M | $139.3M | +33.28% |
| 2021 | 2021-12-31 | $418.6M | $175.2M | +71.98% |
| 2020 | 2020-12-31 | $243.4M | $43.5M | +21.76% |
| 2019 | 2019-12-31 | $199.9M | — | — |
Nerdwallet quarterly operating expenses
Q1.21
Q2.21
Q3.21
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 | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $190.3M | $14.1M | +8.00% |
| Q1 2026 | 2026-03-31 | $195.0M | −$13.5M | −6.47% |
| Q4 2025 | 2025-12-31 | $206.0M | $30.9M | +17.65% |
| Q3 2025 | 2025-09-30 | $180.7M | −$4.0M | −2.17% |
| Q2 2025 | 2025-06-30 | $176.2M | $16.0M | +9.99% |
| Q1 2025 | 2025-03-31 | $208.5M | $50.3M | +31.80% |
| Q4 2024 | 2024-12-31 | $175.1M | $46.0M | +35.63% |
| Q3 2024 | 2024-09-30 | $184.7M | $35.9M | +24.13% |
| Q2 2024 | 2024-06-30 | $160.2M | $12.7M | +8.61% |
| Q1 2024 | 2024-03-31 | $158.2M | −$12.2M | −7.16% |
| Q4 2023 | 2023-12-31 | $129.1M | −$5.0M | −3.73% |
| Q3 2023 | 2023-09-30 | $148.8M | −$2.6M | −1.72% |
| Q2 2023 | 2023-06-30 | $147.5M | $13.3M | +9.91% |
| Q1 2023 | 2023-03-31 | $170.4M | $32.2M | +23.30% |
| Q4 2022 | 2022-12-31 | $134.1M | $25.2M | +23.14% |
| Q3 2022 | 2022-09-30 | $151.4M | $59.2M | +64.21% |
| Q2 2022 | 2022-06-30 | $134.2M | $19.9M | +17.41% |
| Q1 2022 | 2022-03-31 | $138.2M | $35.0M | +33.91% |
| Q4 2021 | 2021-12-31 | $108.9M | — | — |
| Q3 2021 | 2021-09-30 | $92.2M | — | — |
| Q2 2021 | 2021-06-30 | $114.3M | — | — |
| Q1 2021 | 2021-03-31 | $103.2M | — | — |
Nerdwallet operating expenses trends
Over the last five fiscal years, Nerdwallet's operating expenses increased from $243.4M to $771.4M, a change of $528.0M. The latest reported quarter, Q2 2026, shows $190.3M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Nerdwallet source filings ↗