NerdWallet Q2 FY26 net income falls 48% year over year to $4.3 million; revenue rises 6% to $197.3 million

Reuters2026/08/06 20:46

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NerdWallet posted Q2 2026 net income of $4.3 million, down 48% year-over-year, as revenue rose 6% to $197.3 million.
GAAP operating income slipped 35% to $7 million; adjusted EBITDA fell 31% to $23.1 million.
Consumer revenue increased 8% to $175.2 million, while SMB revenue dropped 11% to $22.1 million.
CEO Tim Chen said NerdWallet expects to grow incremental investment fivefold in 2026 versus 2025, targeting deeper owned audiences and direct customer relationships.
For Q3 2026, revenue is seen at $244-$260 million, with GAAP operating income of $22-$30 million and adjusted EBITDA of $39-$47 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nerdwallet Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260806393375) on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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NerdWallet Q2 FY26 net income falls 48% year over year to $4.3 million; revenue rises 6% to $197.3 million

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