secwatch.observer — SEC 8-K summary
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Issuer:     NERDWALLET, INC. (NRDS)
CIK:        0001625278
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001625278-22-000169
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NerdWallet Q3 revenue $142.6M (+45% YoY), GAAP net income $0.7M, Q4 rev guidance $138-141M
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- Revenue $142.6M, up 45% YoY; GAAP net income $0.7M vs. loss of $7.8M in Q3 2021.
- Credit cards revenue $57.4M (+59%), Loans $28.4M (-12% due to mortgage headwinds), Other verticals $56.8M (+87% from SMB/banking).
- Adjusted EBITDA $14.5M, down 31% YoY but up 15% QoQ; Q4 guidance: rev $138-141M, EBITDA $26-28M.
- Monthly Unique Users 19M (+11% YoY); growth driven by banking, travel, SMB; mortgage/investing declined.
- 2022 annual Adjusted EBITDA margin expected ~12%, up ~5pp YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1625278/000162527822000169/0001625278-22-000169-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1625278/000162527822000169/nrds-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001625278-22-000169

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer