secwatch.observer — SEC 8-K summary
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Issuer:     NERDWALLET, INC. (NRDS)
CIK:        0001625278
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001625278-25-000068
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NerdWallet Q1 revenue up 29% YoY to $209.2M; Insurance surges 246%
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- GAAP net income $0.2M ($0.00 diluted EPS) vs $1.1M a year ago.
- Adjusted EBITDA $21.1M; non-GAAP operating income $9.3M.
- Insurance revenue $74M (+246% YoY) on auto insurance carrier budget expansion.
- Credit cards revenue $38M (-24% YoY) on persistent organic search headwinds.
- Loans revenue $24M (+12% YoY) helped by Next Door Lending mortgage acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1625278/000162527825000068/0001625278-25-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1625278/000162527825000068/nrds-20250506.htm
  HTML page:      https://secwatch.observer/filing/0001625278-25-000068

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