Nerdwallet annual r&d spending
2019
2020
2021
2022
2023
2024
2025
Nerdwallet R&D Spending Growth & History (NRDS)
Nerdwallet's r&d spending was $66.7M for fiscal 2025.
View full Nerdwallet company overviewNerdwallet annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $66.7M | −$15.8M | −19.15% |
| 2024 | 2024-12-31 | $82.5M | $2.0M | +2.48% |
| 2023 | 2023-12-31 | $80.5M | $2.9M | +3.74% |
| 2022 | 2022-12-31 | $77.6M | $15.4M | +24.76% |
| 2021 | 2021-12-31 | $62.2M | $11.3M | +22.20% |
| 2020 | 2020-12-31 | $50.9M | $4.9M | +10.65% |
| 2019 | 2019-12-31 | $46.0M | — | — |
Nerdwallet quarterly r&d spending
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 | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $17.5M | −$400,000 | −2.23% |
| Q1 2026 | 2026-03-31 | $16.8M | $0 | 0.00% |
| Q4 2025 | 2025-12-31 | $16.3M | $200,000 | +1.24% |
| Q3 2025 | 2025-09-30 | $15.7M | −$7.3M | −31.74% |
| Q2 2025 | 2025-06-30 | $17.9M | −$4.8M | −21.15% |
| Q1 2025 | 2025-03-31 | $16.8M | −$3.9M | −18.84% |
| Q4 2024 | 2024-12-31 | $16.1M | −$4.2M | −20.69% |
| Q3 2024 | 2024-09-30 | $23.0M | $2.3M | +11.11% |
| Q2 2024 | 2024-06-30 | $22.7M | $2.7M | +13.50% |
| Q1 2024 | 2024-03-31 | $20.7M | $1.2M | +6.15% |
| Q4 2023 | 2023-12-31 | $20.3M | $900,000 | +4.64% |
| Q3 2023 | 2023-09-30 | $20.7M | $0 | 0.00% |
| Q2 2023 | 2023-06-30 | $20.0M | −$100,000 | −0.50% |
| Q1 2023 | 2023-03-31 | $19.5M | $2.1M | +12.07% |
| Q4 2022 | 2022-12-31 | $19.4M | $800,000 | +4.30% |
| Q3 2022 | 2022-09-30 | $20.7M | $4.1M | +24.70% |
| Q2 2022 | 2022-06-30 | $20.1M | $5.3M | +35.81% |
| Q1 2022 | 2022-03-31 | $17.4M | $5.2M | +42.62% |
| Q4 2021 | 2021-12-31 | $18.6M | — | — |
| Q3 2021 | 2021-09-30 | $16.6M | — | — |
| Q2 2021 | 2021-06-30 | $14.8M | — | — |
| Q1 2021 | 2021-03-31 | $12.2M | — | — |
Nerdwallet r&d spending trends
Over the last five fiscal years, Nerdwallet's r&d spending increased from $50.9M to $66.7M, a change of $15.8M. The latest reported quarter, Q2 2026, shows $17.5M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Nerdwallet source filings ↗