---
schema_version: "secwatch.filing_event.v1"
accession: "0001625278-24-000100"
form_type: "8-K"
ticker: "NRDS"
cik: "0001625278"
company_name: "NERDWALLET, INC."
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:01:06.931482+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NerdWallet Q1 revenue $161.9M (-5% YoY); beats adjusted EBITDA guidance

## Summary
- Revenue $161.9M, down 5% YoY; GAAP net income $1.1M ($0.01 diluted EPS).
- Adjusted EBITDA $25.5M and non-GAAP operating income $10.6M; both exceeded guidance.
- Credit cards revenue $50.0M (-19% YoY); SMB products $30.4M (+21% YoY).
- Monthly Unique Users 29M (+25% YoY); registered users surpassed 20M.
- CFO expects revenue growth to return in Q2.

## SEC filing metadata
- accession: 0001625278-24-000100
- form_type: 8-K
- ticker: NRDS
- cik: 0001625278
- company_name: NERDWALLET, INC.
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1625278/000162527824000100/0001625278-24-000100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1625278/000162527824000100/nrds-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001625278-24-000100
- JSON: https://secwatch.observer/filing/0001625278-24-000100.json
- Plain text: https://secwatch.observer/filing/0001625278-24-000100.txt

## Key facts
- Earnings Releases
  NERDWALLET, INC. reported first quarter ended March 31, 2024 results: revenue $161.9 million, net income $1.1 million, EPS $0.01 per diluted share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $161.9 million
  - Net income: $1.1 million
  - EPS: $0.01 per diluted share
  - Result: reported results
  source text: the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. --- EX-99.1 (EX-99.1) --- NERDWALLET REPORTS FIRST QUARTER 2024 RESULTS Revenue of $161.9 million, Down 5% Year-Over-Year FINANCIAL HIGHLIGHTS • Revenue of $161.9 million • GAAP income from operations of $3.7 million • GAAP net income of $1.1 million or $0.01 income per
  evidence_url: https://www.sec.gov/Archives/edgar/data/1625278/000162527824000100/0001625278-24-000100-index.htm

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