NerdWallet, Inc. ($NRDS) reported second-quarter 2026 revenue of $197.3 million, up 5.6% from a year earlier and just below Wall Street’s estimate. Gross profit rose 8% to $183.9 million, reflecting solid top-line growth and improved pricing mix.
Profitability was more mixed. Operating income came in at $7 million, down 34.6% year over year, while net income attributable to common shareholders fell to $4.3 million. Diluted earnings per share declined to $0.07, compared with the prior-year period.
Cash generation was a highlight of the quarter. Cash from operating activities surged to $41.2 million, more than doubling from a year ago, while capital spending remained minimal at $0.1 million. The balance sheet showed $62 million in cash and cash equivalents and $92.2 million in total liabilities.
- $197.3 million in revenue, up 5.6%
- $183.9 million in gross profit, up 8%
- $7 million in operating income
- $4.3 million in net income attributable to common shareholders
- $41.2 million in operating cash flow
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
NerdWallet, Inc. Insider Trading Activity
NerdWallet, Inc. insiders have traded $NRDS stock on the open market 15 times in the past 6 months. Of those trades, 0 have been purchases and 15 have been sales.
Here’s a breakdown of recent trading of $NRDS stock by insiders over the last 6 months:
- CAPITAL PARTNERS, LP TOPLINE has made 0 purchases and 3 sales selling 1,961,860 shares for an estimated $17,862,921.
- CAPITAL MANAGEMENT, LLC TOPLINE has made 0 purchases and 3 sales selling 1,961,860 shares for an estimated $17,862,921.
- SAMUEL YOUNT (Chief Business Officer) has made 0 purchases and 6 sales selling 74,999 shares for an estimated $774,719.
- NICHOLAS TATUM (Chief Accounting Officer) has made 0 purchases and 3 sales selling 11,044 shares for an estimated $126,453.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
NerdWallet, Inc. Hedge Fund Activity
We have seen 82 institutional investors add shares of NerdWallet, Inc. stock to their portfolio, and 79 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRUDENTIAL FINANCIAL INC removed 744,683 shares (-92.2%) from their portfolio in Q1 2026, for an estimated $7,729,809
- WELLINGTON MANAGEMENT GROUP LLP added 612,227 shares (+inf%) to their portfolio in Q1 2026, for an estimated $6,354,916
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 444,038 shares (+32.5%) to their portfolio in Q1 2026, for an estimated $4,609,114
- JANE STREET GROUP, LLC added 266,614 shares (+99.8%) to their portfolio in Q1 2026, for an estimated $2,767,453
- NFJ INVESTMENT GROUP, LLC removed 253,241 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $2,628,641
- NUVEEN, LLC removed 247,344 shares (-74.8%) from their portfolio in Q1 2026, for an estimated $2,567,430
- CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. removed 230,745 shares (-44.5%) from their portfolio in Q1 2026, for an estimated $2,395,133
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
NerdWallet, Inc. Price Targets
Multiple analysts have issued price targets for $NRDS recently. We have seen 5 analysts offer price targets for $NRDS in the last 6 months, with a median target of $12.0.
Here are some recent targets:
- Youssef Squali from Truist Securities set a target price of $15.0 on 05/11/2026
- Peter Christiansen from Citigroup set a target price of $11.0 on 05/11/2026
- Jed Kelly from Oppenheimer set a target price of $12.0 on 05/11/2026
- Justin Patterson from Keybanc set a target price of $13.0 on 05/08/2026
- James Faucette from Morgan Stanley set a target price of $9.0 on 03/13/2026
