NerdWallet Q2 FY26 net income falls 48% year over year to $4.3 million; revenue rises 6% to $197.3 million
NRDS•Q2 FY26 results
NerdWallet posted Q2 2026 net income of $4.3 million, down 48% year over year, as revenue rose 6% to $197.3 million.
GAAP operating income slipped 35% to $7 million; adjusted EBITDA fell 31% to $23.1 million.
Consumer revenue increased 8% to $175.2 million, while SMB revenue dropped 11% to $22.1 million.
Q3 2026 guidance
For Q3 2026, revenue is seen at $244 million to $260 million, with GAAP operating income of $22 million to $30 million and adjusted EBITDA of $39 million to $47 million.
Management outlook
CEO Tim Chen said NerdWallet expects to grow incremental investment fivefold in 2026 versus 2025, targeting deeper owned audiences and direct customer relationships.
