NerdWallet Q4 Revenue Rises 18% to $164.6M, Adjusted EBITDA Hits $2.8M Profit
NerdWallet posted Q4 2025 revenue of $164.6 million, up 18% year-over-year and 5% above consensus estimates. Membership revenue climbed 22% to $13.2 million and adjusted EBITDA turned to a $2.8 million profit, while fiscal 2026 revenue guidance of $745 million to $765 million exceeded forecasts.
1. Q4 2025 Revenue Performance
NerdWallet recorded revenue of $164.6 million in Q4 2025, marking an 18% increase over the prior year and exceeding consensus estimates by approximately 5%. Gains were driven by higher lead-generation fees across its personal finance platform.
2. Membership Subscription Growth
Subscription revenue rose 22% year-over-year to $13.2 million, reflecting stronger customer engagement and retention in paid membership tiers. This uptick underscores growing demand for premium financial planning tools.
3. Profitability Metrics
The company achieved positive adjusted EBITDA of $2.8 million in Q4 2025, compared to a $1.3 million loss in the same period a year earlier. The turnaround was attributed to operating leverage and disciplined marketing spend.
4. Fiscal 2026 Outlook
Management provided revenue guidance of $745 million to $765 million for fiscal 2026, above analyst forecasts. The outlook assumes continued marketing investment alongside steady subscription and lead-generation growth.