secwatch.observer — SEC 8-K summary
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Issuer:     NERDWALLET, INC. (NRDS)
CIK:        0001625278
Form:       8-K
Filed at:   2025-02-19T23:59:59+00:00
Accession:  0001625278-25-000017
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NerdWallet Q4 revenue $183.8M (+37% YoY); net income $38.6M; appoints new CFO
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- Revenue $183.8M (+37% YoY); GAAP net income $38.6M ($0.51 diluted EPS) vs $(2.3M) loss in Q4 2023.
- Insurance revenue surged 821% to $72.0M; Credit cards fell 19% to $35.0M; Loans down 26% to $17.6M.
- Adjusted EBITDA $30.8M; Full year 2024 revenue $687.6M, net income $30.4M.
- Appointed John H. Lee as CFO effective March 17, 2025; Nicholas Tatum named CAO and interim CFO.
- Monthly Unique Users fell 20% YoY to 19M; expects continued Q1 decline, stabilization by early 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1625278/000162527825000017/0001625278-25-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1625278/000162527825000017/nrds-20250213.htm
  HTML page:      https://secwatch.observer/filing/0001625278-25-000017

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