---
schema_version: "secwatch.filing_event.v1"
accession: "0001625278-24-000008"
form_type: "8-K"
ticker: "NRDS"
cik: "0001625278"
company_name: "NERDWALLET, INC."
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:23:31.379864+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NerdWallet Q4 revenue $133.7M, down 6% YoY; GAAP net loss $2.3M

## Summary
- Q4 revenue $133.7M, down 6% YoY; full-year revenue $599.4M, up 11% YoY.
- GAAP net loss $2.3M ($0.03/diluted share) in Q4; full-year net loss $11.8M ($0.15/share).
- Non-GAAP operating income $12.6M in Q4; adjusted EBITDA $29.3M (Q4) and $97.6M (FY).
- Credit cards revenue fell 18% YoY to $43.2M; loans up 5%; SMB products up 6%; emerging verts down 3%.
- Average monthly unique users 24M, up 24% YoY; management cites cautious optimism for 2024 recovery.

## SEC filing metadata
- accession: 0001625278-24-000008
- form_type: 8-K
- ticker: NRDS
- cik: 0001625278
- company_name: NERDWALLET, INC.
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1625278/000162527824000008/0001625278-24-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1625278/000162527824000008/nrds-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001625278-24-000008
- JSON: https://secwatch.observer/filing/0001625278-24-000008.json
- Plain text: https://secwatch.observer/filing/0001625278-24-000008.txt

## Key facts
- Earnings Releases
  NERDWALLET, INC. reported the full year ended December 31, 2023 results: revenue $599.4 million, net income $11.8 million or $0.15 loss per diluted share, EPS $(0.15) loss per diluted share.
  - Period: the full year ended December 31, 2023
  - Revenue: $599.4 million
  - Net income: $11.8 million or $0.15 loss per diluted share
  - EPS: $(0.15) loss per diluted share
  - Result: reported results
  source text: REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS Fourth Quarter Revenue of $133.7 million, Down 6% Year-Over-Year FINANCIAL HIGHLIGHTS • Revenue of $133.7 million for Q4’23 and $599.4 million for full year 2023 • GAAP income from operations of $4.6 million for Q4’23 and $3.6 million for full year 2023 • GAAP net loss of $2.3 million or $0.03 loss per diluted share for
  evidence_url: https://www.sec.gov/Archives/edgar/data/1625278/000162527824000008/0001625278-24-000008-index.htm
- Earnings Releases
  NERDWALLET, INC. reported the fourth quarter ended December 31, 2023 results: revenue $133.7 million, net income $2.3 million or $0.03 loss per diluted share, EPS $(0.03) loss per diluted share.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $133.7 million
  - Net income: $2.3 million or $0.03 loss per diluted share
  - EPS: $(0.03) loss per diluted share
  - Result: reported results
  source text: NERDWALLET REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS Fourth Quarter Revenue of $133.7 million, Down 6% Year-Over-Year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1625278/000162527824000008/0001625278-24-000008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.