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Mar 31, 2022
NerdWallet Q1 2022 Earnings Report
NerdWallet reported Q1 2022 results with revenue up 43% year-over-year.
Key Takeaways
NerdWallet's Q1 2022 revenue reached $129.1 million, a 43% increase year-over-year. The company reported a GAAP net loss of $10.5 million, or $0.16 loss per diluted share, and an Adjusted EBITDA of $8.9 million.
Revenue of $129.1 million, up 43% year-over-year.
GAAP net loss of $10.5 million and $0.16 loss per diluted share.
Adjusted EBITDA of $8.9 million.
Record number of registrations to the platform and all-time high aided brand awareness and brand preference metrics were achieved.
Revenue by Segment
Forward Guidance
NerdWallet provided guidance for the second quarter of 2022, expecting revenue in the range of $118 - $121 million, representing a 30% year-over-year growth rate at the midpoint, and Adjusted EBITDA in the range of $8 - $10 million.
Positive Outlook
- Revenue is expected in the range of $118 - $121 million.
- 30% year-over-year growth rate at midpoint is expected.
- Adjusted EBITDA is expected in the range of $8 - $10 million.
- Brand investments will create variability in our quarterly margins.
- Year-over-year accretion in our 2022 annual Adjusted EBITDA margin is expected.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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