NerdWallet delivered a strong second quarter in 2025, achieving $186.9 million in revenue, a 24% increase year-over-year, driven by robust growth in Insurance and Emerging Verticals. The company also significantly improved its profitability, reporting GAAP income from operations of $10.7 million and non-GAAP operating income of $20.7 million, demonstrating effective operational efficiency.
Total revenue reached $186.9 million, marking a 24% increase compared to the same quarter last year.
GAAP income from operations was $10.7 million, a significant improvement from a loss in the prior year.
Non-GAAP operating income surged to $20.7 million, up from a loss of $2.7 million in Q2 2024.
Insurance revenue grew by 86% year-over-year to $54.7 million, primarily due to strong growth in auto insurance products.
NerdWallet provided guidance for the third quarter of 2025, expecting revenue between $189 million and $197 million, and increased its full-year 2025 forecasts for GAAP operating income, non-GAAP operating income, and Adjusted EBITDA.
Analyze how earnings announcements historically affect stock price performance