NerdWallet releases transcript of Q2 2026 earnings call
NRDS•Strategy update and Q3 outlook
The company said it is shifting to IRR-based marketing tied to vertical integration, and incremental customer acquisition investment is expected to rise about fivefold versus 2025.
For Q3, NerdWallet forecast revenue of $244 million to $260 million and non-GAAP operating income of $29 million to $37 million. The company cited tailwinds from student-loan regulation changes and its February college finance acquisition.
LLM-driven traffic is converting well with high intent.
Q2 2026 earnings call transcript and key metrics
NerdWallet posted an edited transcript of its Q2 2026 earnings call attended by CEO Tim Chen, CFO Jun Lee, and Director of Corporate Finance Zach Ogle.
- Revenue was $197 million, up 6% year over year.
- Non-GAAP operating income was $12 million.
- Trailing 12-month adjusted free cash flow was $141 million.
- Q2 buybacks totaled $23 million.
- Cash was $62 million, and $67 million remained under the repurchase authorization.
