Brief: NerdWallet Q2 Revenue USD 186.9 Million Vs. IBES Estimate USD 195.3 Million

NerdWallet

07/08/2025 21:22

Overview

NerdWallet Q2 revenue rises 24% yr/yr but misses analyst expectations, per LSEG data

Adjusted EBITDA for Q2 beats estimates

Insurance revenue up 86% yr/yr, driven by growth in auto insurance

Outlook

NerdWallet expects Q3 revenue between $189 mln and $197 mln

Company forecasts Q3 GAAP operating income of $17 mln to $21 mln

NerdWallet sees full-year adjusted EBITDA between $120 mln and $128 mln

Company increases full-year GAAP operating income forecast to $38 mln-$48 mln

Result Drivers

INSURANCE GROWTH - Insurance revenue surged 86% year-over-year, driven by strong growth in auto insurance products as carriers expanded budgets

CREDIT CARD DECLINE - Credit card revenue fell 25% year-over-year, impacted by persistent headwinds in organic search traffic

LOANS INCREASE - Loans revenue rose 27% year-over-year, boosted by growth in personal and mortgage loans, including integration of Next Door Lending acquisition

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$186.90 mln
$195.30 mln (6 Analysts)
Q2 Net Income
$8.20 mln
Q2 Adjusted EBITDA
Beat
$33.60 mln
$32.10 mln (6 Analysts)
Q2 Pretax Profit
$11.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the consumer lending peer group is "buy"

Wall Street's median 12-month price target for NerdWallet Inc is $15.50, about 28.6% above its August 6 closing price of $11.07

The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nBw3QjQGma

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)