NerdWallet, Inc. reported its financial results for the third quarter ended September 30, 2025. The company recorded revenue of $215 million and non-GAAP operating income of $41 million for the quarter. Insurance revenue was $70.9 million, representing a 3% increase year-over-year. Credit cards revenue declined by 25% year-over-year to $34.1 million, primarily attributed to continued headwinds in organic search traffic. Small and mid-sized business $(SMB)$ products revenue was $23.6 million, down 15% year-over-year for similar reasons. Loans revenue rose 66% year-over-year to $39.6 million, driven by growth in personal and mortgage loans, including the integration of Next Door Lending acquired in October 2024. Emerging verticals revenue reached $46.9 million, an increase of 83% year-over-year, mainly due to growth in banking products. The company also reported it underspent on brand marketing by $8 million versus its target during the quarter.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nerdwallet Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251106017155) on November 06, 2025, and is solely responsible for the information contained therein.
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