---
title: "NerdWallet | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 197.3 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295139358.md"
datetime: "2026-08-06T20:22:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295139358.md)
  - [en](https://longbridge.com/en/news/295139358.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295139358.md)
generator: "portal-rs"
---

# NerdWallet | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 197.3 M

Revenue: As of FY2026 Q2, the actual value is USD 197.3 M, beating the estimate of USD 195.24 M.

EPS: As of FY2026 Q2, the actual value is USD 0.07, missing the estimate of USD 0.072.

EBIT: As of FY2026 Q2, the actual value is USD 7.3 M.

### Second Quarter 2026 Financial Highlights

NerdWallet, Inc. reported total revenue of $197.3 million for the second quarter ended June 30, 2026, marking a 6% increase year-over-year from $186.9 million in the prior year period. GAAP income from operations was $7.0 million, a decrease of -35% from $10.7 million in the second quarter of 2025. GAAP net income was $4.3 million, down -48% from $8.2 million year-over-year. Non-GAAP operating income was $12.2 million, representing a -41% decrease from $20.7 million in the same period last year. Adjusted EBITDA for the quarter was $23.1 million, a -31% decrease from $33.6 million in the second quarter of 2025.

#### Segment Revenue

Consumer revenue for the second quarter of 2026 was $175.2 million, an 8% increase year-over-year, driven primarily by increases from personal loans ($12.3 million) and deposit accounts ($9.6 million), partially offset by an - $8.6 million decrease from consumer credit cards. SMB revenue was $22.1 million, a decrease of -11% year-over-year, mainly due to continued pressures in organic search traffic, partially offset by an increase in business loan originations.

#### Operational Costs (Three Months Ended June 30, 2026)

Total costs and expenses increased by 8% year-over-year to $190.3 million. This includes cost of revenue at $13.4 million (down -19%), research and development at $17.5 million (down -2%), sales and marketing at $145.4 million (up 14%), and general and administrative expenses at $14.0 million (up 1%).

#### Other Income and Income Tax Provision (Three Months Ended June 30, 2026)

Interest income was $0.4 million (down -45%), interest expense was - $0.1 million (down -3%), and other gains, net, were $0.0 million (down -71%), leading to a total other income, net, of $0.3 million (down -59%). The income tax provision was $3.0 million, a -10% decrease year-over-year.

#### Cash and Cash Equivalents

As of June 30, 2026, cash and cash equivalents were $62.0 million, a -41% decrease compared to $105.3 million as of June 30, 2025. Compared to December 31, 2025, cash and cash equivalents decreased from $98.3 million to $62.0 million.

#### Cash Flow from Operating Activities (Six Months Ended June 30, 2026)

Net cash provided by operating activities for the six months ended June 30, 2026, was $76.9 million, up from $44.2 million in the same period of 2025.

#### Adjusted Free Cash Flow (Twelve Months Ended June 30, 2026)

Adjusted free cash flow for the twelve months ended June 30, 2026, was $141.2 million, an increase from $70.6 million for the twelve months ended June 30, 2025.

#### Financial Outlook

For the third quarter of 2026, NerdWallet, Inc. expects revenue in the range of $244 million to $260 million, representing a 17% year-over-year increase at the midpoint. The company projects GAAP operating income between $22 million and $30 million, non-GAAP operating income between $29 million and $37 million, and Adjusted EBITDA between $39 million and $47 million for Q3 2026. NerdWallet, Inc. has adjusted its 2026 annual expectations, anticipating GAAP operating income between $65 million and $80 million, non-GAAP operating income between $90 million and $105 million, and Adjusted EBITDA between $131 million and $147 million.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**