Nerdwallet Inc
NASDAQ:NRDS
Income Statement
Earnings Waterfall
Nerdwallet Inc
Revenue
|
599.4m
USD
|
Cost of Revenue
|
-54m
USD
|
Gross Profit
|
545.4m
USD
|
Operating Expenses
|
-540.4m
USD
|
Operating Income
|
5m
USD
|
Other Expenses
|
-16.8m
USD
|
Net Income
|
-11.8m
USD
|
Income Statement
Nerdwallet Inc
Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||
Revenue |
337
N/A
|
380
+13%
|
419
+10%
|
452
+8%
|
496
+10%
|
539
+9%
|
579
+8%
|
598
+3%
|
608
+2%
|
599
-1%
|
|
Gross Profit | |||||||||||
Cost of Revenue |
(27)
|
(29)
|
(30)
|
(31)
|
(35)
|
(40)
|
(46)
|
(51)
|
(52)
|
(54)
|
|
Gross Profit |
310
N/A
|
351
+13%
|
389
+11%
|
422
+8%
|
462
+9%
|
499
+8%
|
534
+7%
|
547
+2%
|
555
+2%
|
545
-2%
|
|
Operating Income | |||||||||||
Operating Expenses |
(345)
|
(390)
|
(424)
|
(445)
|
(499)
|
(515)
|
(544)
|
(553)
|
(548)
|
(540)
|
|
Selling, General & Administrative |
(278)
|
(310)
|
(342)
|
(356)
|
(408)
|
(430)
|
(463)
|
(471)
|
(468)
|
(460)
|
|
Research & Development |
(57)
|
(62)
|
(67)
|
(73)
|
(77)
|
(78)
|
(80)
|
(80)
|
(80)
|
(81)
|
|
Other Operating Expenses |
(9)
|
(18)
|
(15)
|
(16)
|
(14)
|
(7)
|
(3)
|
(1)
|
(1)
|
0
|
|
Operating Income |
(35)
N/A
|
(39)
-12%
|
(35)
+11%
|
(23)
+33%
|
(37)
-59%
|
(16)
+58%
|
(11)
+31%
|
(6)
+45%
|
7
N/A
|
5
-28%
|
|
Pre-Tax Income | |||||||||||
Interest Income Expense |
(0)
|
1
|
1
|
0
|
1
|
(1)
|
(0)
|
1
|
2
|
3
|
|
Non-Reccuring Items |
0
|
0
|
0
|
2
|
1
|
(4)
|
0
|
0
|
0
|
(1)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
Pre-Tax Income |
(35)
N/A
|
(38)
-7%
|
(33)
+11%
|
(21)
+38%
|
(36)
-72%
|
(20)
+44%
|
(11)
+46%
|
(5)
+51%
|
9
N/A
|
6
-27%
|
|
Net Income | |||||||||||
Tax Provision |
(3)
|
(5)
|
(7)
|
(15)
|
9
|
10
|
13
|
6
|
(9)
|
(18)
|
|
Income from Continuing Operations |
(38)
|
(43)
|
(40)
|
(36)
|
(27)
|
(10)
|
2
|
1
|
(1)
|
(12)
|
|
Net Income (Common) |
(38)
N/A
|
(43)
-12%
|
(40)
+6%
|
(36)
+11%
|
(27)
+24%
|
(10)
+62%
|
2
N/A
|
1
-70%
|
(1)
N/A
|
(12)
-1 867%
|