NerdWallet closed 2024 strong, with fourth quarter revenue reaching $183.8 million, a 37% increase year-over-year. This growth was primarily fueled by strong consumer and partner demand in the Insurance and Banking sectors. The company also announced the appointment of John H. Lee as Chief Financial Officer, effective March 17, 2025.
Fourth quarter 2024 revenue increased by 37% year-over-year to $183.8 million.
GAAP net income for Q4'24 was $38.6 million, or $0.51 per diluted share.
Adjusted EBITDA for Q4'24 was $30.8 million, up 5% year-over-year.
John H. Lee was appointed as the new Chief Financial Officer, effective March 17, 2025.
For the first quarter of 2025, NerdWallet expects revenue between $187 million and $193 million, representing a 17% year-over-year increase at the midpoint. The company also provided full-year 2025 and 2026 guidance, anticipating continued growth in operating income and adjusted EBITDA.
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