Fourth Quarter Revenue of $225.4 million, Up 23% Year-Over-Year
FINANCIAL HIGHLIGHTS
-- Revenue of $225.4 million for Q4'25 and $836.6 million for full year
2025
-- GAAP income from operations of $19.4 million for Q4'25 and $65.2
million for full year 2025
-- GAAP net income of $14.0 million or $0.19 income per diluted share for
Q4'25, and $48.7 million or $0.64 income per diluted share for full year
2025
-- Non-GAAP operating income of $24.7 million for Q4'25 and $96.0 million
for full year 2025
-- Adjusted EBITDA of $36.7 million for Q4'25 and $145.0 million for full
year 2025
SAN FRANCISCO--(BUSINESS WIRE)--February 25, 2026--
NerdWallet, Inc. (Nasdaq: NRDS), which provides trustworthy financial guidance to consumers and small and mid-sized businesses (SMBs), today reported financial results for its fourth quarter ended December 31, 2025.
"We delivered Q4 revenue of $225 million, up 23% year-over-year, contributing to full-year revenue of $837 million, up 22% year-over-year, " said Tim Chen, Co-Founder and Chief Executive Officer of NerdWallet. "Strength in performance marketing, direct, and non-search referral channels more than offset organic search headwinds as consumers turned to AI overviews and LLMs over traditional search. We saw particularly strong growth in personal loans and banking, which helped offset declines in credit cards and SMB. While we expect organic search to remain challenged, our focus remains on building durable consumer relationships and making NerdWallet a no-brainer destination for shopping financial products."
FOURTH QUARTER 2025 HIGHLIGHTS
-- Insurance revenue of $81.2 million increased 13% year-over-year,
primarily due to an increase in auto insurance products as carriers
expanded budgets.
-- Credit cards revenue of $26.5 million decreased 24% year-over-year,
primarily due to continued headwinds in organic search traffic.
-- SMB products revenue of $22.5 million was down 12% year-over-year,
primarily due to continued headwinds in organic search traffic.
-- Loans revenue of $42.3 million was up 141% year-over-year, primarily
driven by growth in personal loans, as well as in mortgage loans.
-- Emerging verticals revenue of $52.9 million was up 57% year-over-year,
primarily driven by growth in banking products.
SUMMARY FINANCIAL RESULTS
Quarter
Quarter Ended Ended
-------------------- -----------
% %
Dec 31, Dec 31, Change Sep 30, Change
(in millions,
except per
share
amounts) 2025 2024 YoY 2025 QoQ
-------------- --------- --------- -------- ----------- --------
Revenue $ 225.4 $ 183.8 23% $ 215.1 5%
Insurance(1) 81.2 72.0 13% 70.9 14%
Credit cards(2) 26.5 35.0 (24%) 34.1 (22%)
SMB products(3) 22.5 25.5 (12%) 23.6 (5%)
Loans(4) 42.3 17.6 141% 39.6 7%
Emerging
verticals(5) 52.9 33.7 57% 46.9 13%
Income from
operations $ 19.4 $ 8.7 123% $ 34.4 (43%)
Net income $ 14.0 $ 38.6 (64%) $ 26.3 (47%)
Net income per
share
Basic $ 0.19 $ 0.52 (63%) $ 0.35 (46%)
Diluted $ 0.19 $ 0.51 (63%) $ 0.34 (44%)
Non-GAAP
financial
measures(6)
Non-GAAP
operating
income $ 24.7 $ 16.8 47% $ 41.3 (40%)
Adjusted EBITDA $ 36.7 $ 30.8 19% $ 53.6 (32%)
Cash and cash
equivalents $ 98.3 $ 66.3 48% $ 120.6 (19%)
______________
(1) Insurance revenue consists of revenue from consumer insurance products,
including auto, life and pet insurance.
(2) Credit cards revenue consists of revenue from consumer credit cards.
(3) SMB products revenue includes revenue from loans, credit cards and
other financial products and services intended for small and mid-sized
businesses.
(4) Loans revenue includes revenue from personal loans, mortgages, student
loans and auto loans.
(5) Emerging verticals revenue includes revenue from other product sources,
including banking, investing and international.
(6) Non-GAAP operating income (loss) and adjusted EBITDA are non-GAAP
financial measures. See "Non-GAAP Financial Measures" for more
information, including reconciliations to the most directly comparable
financial measures calculated in accordance with GAAP.
Effective with the first quarter of 2026, we will present revenue disaggregated by our user groups: Consumer (which includes our previously reported Insurance, Credit cards, Loans and Emerging verticals product categories), and SMB. This presentation is consistent with recent changes in how management evaluates the Company's financial and business performance, including the information currently reviewed by the Company's chief operating decision maker. Prior period disaggregation of revenue will be recast to conform to this new presentation. The following table provides our historical revenue by user group:
Year Ended December 31,
-----------------------------
(in millions) 2025 2024 2023
-------------- ----------- ------- -------
Consumer $ 736.6 $ 577.8 $ 498.2
SMB 100.0 109.8 101.2
------- ------ ------
Total revenue $ 836.6 $ 687.6 $ 599.4
======= ====== ======
QUARTERLY CONFERENCE CALL
A conference call to discuss NerdWallet's fourth quarter 2025 financial results will be webcast live today, February 25, 2026 at 1:30 PM Pacific Time (PT). The live webcast is open to the public and will be available on NerdWallet's investor relations website at https://investors.nerdwallet.com. Following completion of the call, a recorded replay of the webcast will be available on NerdWallet's investor relations website.
SHAREHOLDER LETTER
A shareholder letter providing additional information and analysis can be found at NerdWallet's investor relations website at https://investors.nerdwallet.com.
SHARE REPURCHASE PLAN
On February 20, 2026, the Board of Directors of the Company approved an increase of $100.0 million to the amount authorized under the Company's existing share repurchase program. As a result of this increase, the aggregate amount authorized for repurchases under the program is $225 million.
Repurchases under the program may be made from time to time in open market transactions, privately negotiated transactions, or by other means in accordance with applicable securities laws and other restrictions. The timing, manner, price, and amount of repurchases will be determined by the Company at its discretion and will depend on a variety of factors, including market conditions, stock price, corporate and regulatory requirements, and other considerations.
The share repurchase program does not obligate the Company to acquire any particular amount of Class A common stock and may be suspended, modified, or discontinued at any time without prior notice.
ABOUT NERDWALLET
NerdWallet (Nasdaq: NRDS) is on a mission to provide clarity for all of life's financial decisions. As a personal finance website and app, NerdWallet provides consumers with trustworthy and knowledgeable financial information so they can make smart money moves. From finding the best credit card to buying a house, NerdWallet is there to help consumers make financial decisions with confidence. Consumers have free access to our expert content and comparison shopping marketplaces, plus a data-driven app, which helps them stay on top of their finances and save time and money, giving them the freedom to do more. NerdWallet is available for consumers in the U.S., United Kingdom and Canada.
"NerdWallet" is a trademark of NerdWallet, Inc. All rights reserved. Other names and trademarks used herein may be trademarks of their respective owners.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Unaudited
Three Months
Ended December Year Ended
31, December 31,
---------------- ----- ---------------- ----
(in millions,
except per share
amounts) 2025 2024 % Change 2025 2024 % Change
----------------- ----- ----- ---------- ----- ----- ----------
Revenue $225.4 $183.8 23% $836.6 $687.6 22%
Costs and
Expenses:
Cost of revenue 13.6 16.7 (18%) 63.7 63.5 0%
Research and
development 16.3 16.1 1% 66.7 82.5 (19%)
Sales and
marketing 161.7 128.5 26% 584.7 470.6 24%
General and
administrative 14.4 13.8 3% 56.3 61.6 (9%)
----- ----- ----- ----- ----- ----
Total costs
and
expenses 206.0 175.1 18% 771.4 678.2 14%
----- ----- ----- ----- ----- ---- ---
Income from
Operations 19.4 8.7 123% 65.2 9.4 590%
----- ----- ----- ----- ----- ---- ---
Other income
(expense), net:
Interest income 0.7 0.6 20% 3.2 4.8 (33%)
Interest
expense (0.1) (0.2) (4%) (0.6) (0.7) (9%)
Other gains
(losses), net (0.1) (8.4) (100%) 0.4 (8.5) NM
----- ----- ----- ----- ----- ---- ----
Total other
income
(expense),
net 0.5 (8.0) NM 3.0 (4.4) NM
----- ----- ----- --- ----- ----- ---- ----
Income before
income taxes 19.9 0.7 NM 68.2 5.0 NM
Income tax
provision
(benefit) 5.9 (37.9) NM 19.5 (25.4) NM
----- ----- ----- --- ----- ----- ---- ----
Net Income $ 14.0 $ 38.6 (64%) $ 48.7 $ 30.4 60%
===== ===== ===== ===== ===== ==== ===
Net Income per
Share
Attributable to
Common
Stockholders
Basic $ 0.19 $ 0.52 (63%) $ 0.66 $ 0.40 65%
Diluted $ 0.19 $ 0.51 (63%) $ 0.64 $ 0.38 68%
Weighted-average
Shares Used in
Computing Net
Income per Share
Attributable to
Common
Stockholders
Basic 72.3 73.7 74.3 76.5
Diluted 74.1 75.6 75.9 78.9
CONDENSED CONSOLIDATED BALANCE SHEETS
Unaudited
December 31, December 31,
(in millions) 2025 2024
--------------------------------------- --------------- ---------------
Assets
Current assets:
Cash and cash equivalents $ 98.3 $ 66.3
Accounts receivable--net 111.0 102.2
Prepaid expenses and other current
assets 35.4 28.2
--- ---------- --- ----------
Total current assets 244.7 196.7
Property, equipment and software--net 31.8 43.0
Goodwill 123.5 112.4
Intangible assets--net 21.5 33.3
Deferred tax asset--noncurrent 29.4 45.6
Right-of-use assets 7.1 5.3
Other assets 3.1 1.3
--- ---------- --- ----------
Total Assets $ 461.1 $ 437.6
=== ========== === ==========
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable $ 5.4 $ 8.9
Accrued expenses and other current
liabilities 65.5 51.2
--- ---------- --- ----------
Total current liabilities 70.9 60.1
Other liabilities--noncurrent 15.7 13.3
--- ---------- --- ----------
Total liabilities 86.6 73.4
Commitments and contingencies
Stockholders' equity 374.5 364.2
--- ---------- --- ----------
Total Liabilities and Stockholders'
Equity $ 461.1 $ 437.6
=== ========== === ==========
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
Unaudited
Year Ended
December 31,
------------------
(in millions) 2025 2024
----------------------------------------------- ----- -----
Operating Activities:
Net income $ 48.7 $ 30.4
Adjustments to reconcile net income to net cash
provided by operating activities:
Depreciation and amortization 46.4 48.4
Stock-based compensation 28.6 37.7
Deferred taxes 16.0 (46.1)
Non-cash lease costs 2.2 2.2
Other losses, net 1.8 8.6
Changes in operating assets and liabilities,
net of business combinations:
Accounts receivable (9.4) (27.0)
Prepaid expenses and other assets (2.5) (1.8)
Mortgage loans held for sale (4.5) 2.1
Accounts payable (3.6) 6.6
Accrued expenses and other current
liabilities 9.8 12.5
Operating lease liabilities (2.5) (3.4)
Other liabilities 0.6 1.6
----- -----
Net cash provided by operating activities 131.6 71.8
----- -----
Investing Activities:
Purchases of investments (2.0) (8.1)
Capitalized software development costs (16.9) (20.7)
Purchases of property and equipment (1.3) (0.6)
Business combinations (13.1) (0.3)
----- -----
Net cash used in investing activities (33.3) (29.7)
----- -----
Financing Activities:
Net borrowing (repayment) on warehouse line of
credit 4.4 (2.0)
Proceeds from exercises of stock options 1.1 6.3
Tax payments related to net-share settlements on
restricted stock units (3.5) (2.1)
Issuances of Class A common stock under Employee
Stock Purchase Plan 2.1 1.4
Repurchases of Class A common stock (70.2) (80.1)
----- -----
Net cash used in financing activities (66.1) (76.5)
----- -----
Effect of exchange rate changes on cash and cash
equivalents (0.2) 0.3
----- -----
Net increase (decrease) in cash and cash
equivalents 32.0 (34.1)
Cash and Cash Equivalents:
Beginning of period 66.3 100.4
----- -----
End of period $ 98.3 $ 66.3
===== =====
NON-GAAP FINANCIAL MEASURES
We use non-GAAP operating income (loss), adjusted EBITDA and adjusted free cash flow in conjunction with GAAP measures as part of our overall assessment of our performance, including the preparation of our annual operating budget and quarterly forecasts, to evaluate the effectiveness of our business strategies, and to communicate with our Board of Directors concerning our financial performance.
Non-GAAP operating income (loss): We define non-GAAP operating income (loss) as income (loss) from operations adjusted to exclude depreciation and amortization, and further exclude (1) impairment of right-of-use asset, (2) losses (gains) on disposals of assets, (3) acquisition-related costs, and (4) restructuring charges. We also reduce income from operations, or increase loss from operations, for capitalized internally developed software costs.
Adjusted EBITDA: We define adjusted EBITDA as net income (loss) from continuing operations adjusted to exclude depreciation and amortization, interest income (expense), net, other gains (losses), net, and provision (benefit) for income taxes, and further exclude (1) impairment of right-of-use asset, (2) losses (gains) on disposals of assets, (3) stock-based compensation, (4) acquisition-related costs, and (5) restructuring charges.
The above items are excluded from our non-GAAP operating income (loss) and adjusted EBITDA measures because these items are non-cash in nature, or because the amounts are not driven by core operating results and renders comparisons with prior periods less meaningful. We deduct capitalized internally developed software costs in our non-GAAP operating income (loss) measure to reflect the cash impact of personnel costs incurred within the time period.
We believe that non-GAAP operating income (loss) and adjusted EBITDA provide useful information to investors and others in understanding and evaluating our operating results and in comparing operating results across periods. Moreover, non-GAAP operating income (loss) and adjusted EBITDA are key measurements used by our management internally to make operating decisions, including those related to analyzing operating expenses, evaluating performance, and performing strategic planning and annual budgeting. However, the use of these non-GAAP measures have certain limitations because they do not reflect all items of income and expense that affect our operations. Non-GAAP operating income (loss) and adjusted EBITDA have limitations as financial measures, should be considered as supplemental in nature, and are not meant as substitutes for the related financial information prepared in accordance with GAAP. These limitations include the following:
-- Non-GAAP operating income (loss) and adjusted EBITDA exclude certain
recurring, non-cash charges, such as amortization of software,
depreciation of property and equipment, amortization of intangible assets,
impairment of right-of-use asset, and (losses) gains on disposals of
assets. Although these are non-cash charges, the assets being depreciated
and amortized may have to be replaced in the future, and non-GAAP
operating income (loss) and adjusted EBITDA do not reflect all cash
requirements for such replacements or for new capital expenditure
requirements;
-- Non-GAAP operating income (loss) and adjusted EBITDA exclude
acquisition-related costs, including acquisition-related retention
compensation under compensatory retention agreements with certain key
employees, and acquisition-related transaction expenses;
-- Non-GAAP operating income (loss) and adjusted EBITDA exclude
restructuring charges primarily consisting of severance payments,
stock-based compensation, employee benefits, and related expenses for
impacted employees, as well as contract termination costs, associated
with our Restructuring Plan;
-- Adjusted EBITDA excludes stock-based compensation, including for
acquisition-related inducement awards, which has been, and will continue
to be for the foreseeable future, a significant recurring expense in our
business and an important part of our compensation strategy; and
-- Adjusted EBITDA does not reflect interest income (expense) and other
gains (losses), net, which include unrealized and realized gains and
losses on foreign currency exchange, as well as certain nonrecurring
gains (losses).
Adjusted free cash flow: We previously defined free cash flow as net cash provided by operating activities less capitalized software development costs and purchases of property and equipment. Effective with the first quarter of 2025, we further define our adjusted free cash flow to be free cash flow adjusted for any net borrowing or repayment on our warehouse line of credit which is used to fund mortgage loans originated for sale, as any increase or decrease in our mortgage loans held for sale is substantially offset by a corresponding borrowing or repayment on our warehouse line of credit. Adjusted free cash flow is a key measurement used by our management internally to evaluate our business performance and overall liquidity. We believe that adjusted free cash flow provides useful information for investors and others for determining the amount of cash available for investment in our business, strategic opportunities, repurchasing stock, strengthening our financial position and other purposes, as well as evaluating our historical and prospective liquidity. A limitation of the utility of adjusted free cash flow as a measure of financial performance and liquidity is that adjusted free cash flow does not represent the total increase or decrease in our cash balance for the period.
In addition, non-GAAP operating income (loss), adjusted EBITDA and adjusted free cash flow as we define them may not be comparable to similarly titled measures used by other companies. Because of these limitations, you should consider non-GAAP operating income (loss), adjusted EBITDA and adjusted free cash flow alongside other financial performance measures, including income (loss) from operations, net income (loss), cash flows from operating activities and our other GAAP results.
We compensate for these limitations by reconciling non-GAAP operating income (loss) to income (loss) from operations, adjusted EBITDA to net income (loss) and adjusted free cash flow to net cash provided by operating activities, the most directly comparable GAAP financial measures, as follows:
Three Months Ended Year Ended
December 31, December 31,
--------------------- ----- ---------------------- ----
(in millions) 2025 2024 % Change 2025 2024 % Change
-------------------- ---- ----- ---------- ----- ----- ----------
Income from
Operations $19.4 $ 8.7 123% $ 65.2 $ 9.4 590%
Depreciation and
amortization 9.5 11.4 (17%) 46.4 48.4 (4%)
Acquisition-related
retention -- 0.9 (100%) 1.6 4.2 (60%)
Acquisition-related
expenses 0.6 -- NM 2.3 0.6 325%
Loss on disposal of
assets 0.1 -- NM 0.4 -- NM
Restructuring 0.1 1.2 (94%) 0.5 9.0 (95%)
Capitalized
internally developed
software costs (5.0) (5.4) (6%) (20.4) (24.0) (15%)
---- ----- ----- ----- ----- ----
Non-GAAP Operating
Income $24.7 $ 16.8 47% $ 96.0 $ 47.6 102%
==== ===== ===== ===== ===== ==== ===
Operating income
margin 9% 5% 8% 1%
Non-GAAP operating
income margin(1) 11% 9% 11% 7%
Net Income $14.0 $ 38.6 (64%) $ 48.7 $ 30.4 60%
Depreciation and
amortization 9.5 11.4 (17%) 46.4 48.4 (4%)
Stock-based
compensation 7.0 8.6 (18%) 28.6 36.3 (21%)
Acquisition-related
retention -- 0.9 (100%) 1.6 4.2 (60%)
Acquisition-related
expenses 0.6 -- NM 2.3 0.6 325%
Loss on disposal of
assets 0.1 -- NM 0.4 -- NM
Restructuring 0.1 1.2 (94%) 0.5 9.0 (95%)
Interest income, net (0.6) (0.4) 29% (2.6) (4.1) (38%)
Other (gains) losses,
net 0.1 8.4 (100%) (0.4) 8.5 NM
Income tax provision
(benefit) 5.9 (37.9) NM 19.5 (25.4) NM
---- ----- ----- --- ----- ----- ---- ----
Adjusted EBITDA $36.7 $ 30.8 19% $145.0 $107.9 35%
Stock-based
compensation (7.0) (8.6) (18%) (28.6) (36.3) (21%)
Capitalized
internally developed
software costs (5.0) (5.4) (6%) (20.4) (24.0) (15%)
---- ----- ----- ----- ----- ----
Non-GAAP Operating
Income $24.7 $ 16.8 47% $ 96.0 $ 47.6 102%
==== ===== ===== ===== ===== ==== ===
Net income margin 6% 21% 6% 4%
Adjusted EBITDA
margin(2) 16% 17% 17% 16%
______________
(1) Represents non-GAAP operating income (loss) as a percentage of revenue.
(2) Represents adjusted EBITDA as a percentage of revenue.
Twelve Months Ended
---------------------------------------------
Dec 31, Sep 30, Jun 30, Mar 31, Dec 31,
(in millions) 2025 2025 2025 2025 2024
-------------- ------- ------- ------- ------- ---------
Net cash
provided by
operating
activities $131.6 $102.6 $ 83.1 $ 75.8 $ 71.8
Capitalized
software
development
costs (16.9) (17.2) (18.0) (19.7) (20.7)
Purchase of
property and
equipment (1.3) (1.2) (1.2) (0.8) (0.6)
Net borrowing
(repayment) on
warehouse line
of credit 4.4 1.3 6.7 2.3 (2.0)
----- ----- ----- ----- -----
Adjusted free
cash flow $117.8 $ 85.5 $ 70.6 $ 57.6 $ 48.5
===== ===== ===== ===== =====
FINANCIAL OUTLOOK
We are providing guidance for the first quarter of 2026:
-- Revenue is expected in the range of $224-$232 million, up 9%
year-over-year at the midpoint
-- GAAP operating income is expected in the range of $22-$27 million
-- Non-GAAP operating income is expected in the range of $28-$32 million
-- Adjusted EBITDA is expected in the range of $40-$44 million
We expect 2026 annual GAAP operating income in the range of $72-$89 million and non-GAAP operating income in the range of $95-$110 million. We also expect 2026 annual adjusted EBITDA in the range of $143-$158 million.
NerdWallet has not provided a quantitative reconciliation of forecasted GAAP net income (loss) to forecasted adjusted EBITDA within this communication because the Company is unable, without making unreasonable efforts, to calculate certain reconciling items with confidence. These items include, but are not limited to, income taxes which are directly impacted by unpredictable fluctuations in the market price of the Company's capital stock. These items, which could materially affect the computation of forward-looking GAAP net income (loss), are inherently uncertain and depend on various factors, many of which are outside of NerdWallet's control.
A reconciliation of forecasted GAAP operating income to forecasted non-GAAP operating income for forecasted first quarter 2026 and forecasted full year 2026 is as follows:
Forecasted Forecasted
First Quarter Full Year
(in millions) 2026 2026
-------------------------------------------- -------------- -----------
GAAP operating income $22 - $27 $72 - $89
Estimated adjustments for:
Depreciation and amortization 9 - 10 37 - 41
Acquisition-related expenses 0 - 1 0 - 2
Capitalized internally developed software
costs (4) - (5) (16) - (20)
-------------- -----------
Non-GAAP operating income $28 - $32 $95 - $110
============== ===========
For more information regarding the non-GAAP financial measures discussed in this communication, please see "Non-GAAP Financial Measures" above.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements about us and our industry that involve significant risks and uncertainties. Except for statements of historical facts, all statements contained in this press release are forward-looking, including, but not limited to, the statements in the section titled "Financial Outlook." These statements often contain words such as "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "forecast," "intend," "may," "outlook," "plan," "potential," "predict," "project," "should," "target, " "will" or "would" or similar terms, including their negatives. These forward-looking statements include, but are not limited to, statements regarding:
-- the impact of macroeconomic developments, including inflation, interest
rates, credit market conditions and general economic uncertainty, on our
business, operating results, financial condition and stock price;
-- our expectations regarding future financial and operational performance,
including total revenue, cost of revenue, non-GAAP operating income
(loss), adjusted EBITDA, and adjusted free cash flow;
-- our ability to grow traffic, engagement, and monetization on our
platform;
-- expected returns on marketing investments and brand campaigns;
-- consumer and SMB demand for products and services offered through our
platform;
-- our ability to increase user registrations, improve repeat usage rates,
and convert users into matches with financial services partners;
-- expansion within existing and new verticals, including new products,
services, and features that are competitive, compliant with applicable
regulations, and responsive to market needs;
-- changing geographic operations;
-- maintaining and expanding relationships with existing financial
services partners and identifying new ones;
-- developing scalable technology and data capabilities to provide
personalized guidance and enhance user engagement;
-- strengthening brand awareness, credibility, and consumer and SMB
trust;
-- producing high quality, engaging consumer and SMB content and tools;
-- adapting to evolving consumer and SMB financial interests and
behaviors;
-- competing effectively in existing and new markets;
-- maintaining the security, reliability, and availability of our
platform;
-- protecting and enhancing our intellectual property portfolio;
-- attracting, developing, and retaining highly skilled and diverse
talent;
-- complying with evolving laws, regulations, and supervisory expectations
applicable to our business;
-- the adequacy of our cash, cash equivalents, and investments to meet
liquidity needs;
-- managing growth, scaling infrastructure, and preserving our corporate
culture;
-- identifying, executing, and successfully integrating acquisitions;
-- entering new financial services markets, and meeting associated
regulatory complexities; and
-- achieving expected synergies, accretion, and other benefits from
completed acquisitions.
These forward-looking statements are not guarantees of future performance and should not be relied upon as predictions of future events. They are based on our current expectations, estimates, and projections regarding future events and trends that may affect our business, financial condition and operating results. These expectations are subject to various risks, uncertainties, and assumptions, including those described in filings we make with the SEC from time to time.
Our industry is highly competitive and rapidly evolving, and new risks and uncertainties may arise that we cannot predict. As a result, actual results, events, or circumstances may differ materially from those reflected in our forward-looking statements.
Forward-looking statements in this press release speak only as of the date hereof. We undertake no obligation to update any such statements in this press release to reflect subsequent events, new information, or unexpected developments, except as required by law. These statements also do not reflect potential impacts from future acquisitions, mergers, dispositions, joint ventures, or investments.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260225448516/en/
CONTACT: Investor Relations:
Sara Colvin
ir@nerdwallet.com
Media Relations:
Maitri Jani
press@nerdwallet.com
(END) Dow Jones Newswires
February 25, 2026 16:05 ET (21:05 GMT)
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