NerdWallet
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. NerdWallet's past years’ income statements indicate that its last revenue has increased compared to the previous period by 11% to $599,400,000. Profit margin reached -2%. Total operating expenses were $541,800,000.
Profit Margin
| 2019 | 228.3M | 24.2M | 10.6% |
|---|---|---|---|
| 2020 | 245.3M | 5.3M | 2.16% |
| 2021 | 379.6M | -42.5M | -11.2% |
| 2022 | 538.9M | -10.2M | -1.89% |
| 2023 | 599.4M | -11.8M | -1.97% |
NRDS Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 599.4M | 538.9M | 379.6M | 245.3M | 228.3M |
Cost of revenue | 54M | 39.8M | 28.5M | 21.3M | 16.1M |
Gross profit | 545.4M | 499.1M | 351.1M | 224M | 212.2M |
Operating exp. | |||||
Research and development | 80.5M | 77.6M | 62.2M | 50.9M | 46M |
Selling and marketing | 401.5M | 375.6M | 271.3M | 144M | 115.6M |
Total operating expenses | 541.8M | 518.1M | 390.1M | 222.9M | 183.8M |
Operating income | 3.6M | -17.5M | -39M | 1.2M | 28.4M |
Other income (expenses), net | 2.7M | -2.5M | 1.3M | -1M | -500K |
Income before tax | 6.3M | -20M | -37.7M | 900K | 27.9M |
Income tax expense | 18.1M | -9.8M | 4.8M | -4.4M | 3.7M |
Net income | -11.8M | -10.2M | -42.5M | 5.3M | 24.2M |
Earnings per share | |||||
Basic EPS | -0.15 | -0.14 | -0.63 | 0.08 | 0.37 |
Diluted EPS | -0.15 | -0.14 | -0.63 | 0.08 | 0.37 |
| Data source | Data source | Data source |