NerdWallet, Inc. (NRDS) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 35.7M | 38.9M | 48.5M | 17.5M | 26.7M | 9.9M | 29M | 10.2M | 22.7M | 29.6M | 36.1M | -10M | 16.4M | 20.1M | 19.3M | -16M | 1.6M | 8.7M | 16.6M | -14.5M |
| Operating CF Margin % | 16.07% | 17.26% | 22.55% | 9.36% | 12.76% | 5.39% | 15.16% | 6.77% | 14.02% | 22.14% | 23.63% | -6.98% | 9.67% | 14.15% | 13.53% | -12.78% | 1.24% | 8.74% | 16.85% | -15.83% |
| Operating CF Growth % | 33.71% | 292.93% | 67.24% | 71.57% | 17.62% | -66.55% | -19.67% | 202% | 38.41% | 47.26% | 87.05% | 37.5% | 925% | 131.03% | 16.27% | -10.34% | 144.44% | 328.95% | - | - |
| Net Income | 20.4M | 14M | 26.3M | 8.2M | 200K | 38.6M | 100K | -9.4M | 1.1M | -2.3M | -500K | -10.7M | 1.7M | 8.9M | 700K | -9.3M | -10.5M | -7.9M | -7.8M | -13.9M |
| Depreciation & Amortization | 9.7M | 9.5M | 11.6M | 12.7M | 12.6M | 11.4M | 12.9M | 12.2M | 11.9M | 12.2M | 12.1M | 12.9M | 12.4M | 11.4M | 10.8M | 8.2M | 7.2M | 7.2M | 9.1M | 8.5M |
| Stock-Based Compensation | 0 | 7M | 6.7M | 8.2M | 6.7M | 8.5M | 10.2M | 10.3M | 8.7M | 9.5M | 9.4M | 0 | 0 | 9.1M | 9.1M | 0 | 6.5M | 7.1M | 0 | 0 |
| Deferred Taxes | 5.4M | 4.5M | 14.9M | -3.1M | -300K | -45.9M | 0 | -100K | -100K | -100K | -100K | -200K | -100K | -100K | -11.2M | -600K | -700K | -200K | 13.8M | -7.9M |
| Other Non-Cash Items | 7.6M | 600K | 1M | 1.1M | 1.3M | 8.8M | 600K | 700K | 700K | 2.4M | 700K | 11.1M | 10M | 1.6M | 1.5M | 11.8M | 4.8M | 8.6M | 7.2M | 3.5M |
| Working Capital Changes | -7.4M | 3.3M | -12M | -9.6M | 6.2M | -11.5M | 5.2M | -3.5M | 400K | 7.9M | 14.5M | -23.1M | -7.6M | -10.8M | 8.4M | -26.1M | -5.7M | -6.1M | -5.7M | -4.7M |
| Change in Receivables | -1.6M | 10.3M | -19M | 22.5M | -18.7M | 2.4M | -8.9M | 100K | -18.5M | 9.1M | 8M | 5.4M | -11.8M | 0 | 600K | -4.1M | -15.2M | -1.5M | -1.1M | -1.2M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -2.1M | -8.4M | 1.9M | -12.4M | 15.3M | -3.7M | 2.3M | -5.4M | 13.4M | -9.4M | 9.5M | -10.5M | 8.6M | -1.6M | -6M | 700K | 1.3M | -500K | -1.4M | 1.6M |
| Cash from Investing | -19.7M | -12.9M | -6.4M | -9.4M | -4.6M | -5.3M | -5.2M | -5.7M | -13.5M | -9.4M | -4.8M | -7.7M | -7.6M | -6M | -78.4M | -7.4M | -8.5M | -6.7M | -5.5M | -5.4M |
| Capital Expenditures | -4.2M | -300K | -100K | -700K | -4.6M | -200K | -100K | -5.7M | -5.4M | -9.4M | -4.8M | -7.7M | -7.6M | -300K | -1.4M | -7.4M | -1.9M | -1.6M | -5.5M | -5.4M |
| CapEx % of Revenue | 1.89% | 0.13% | 0.05% | 0.37% | 2.2% | 0.11% | 0.05% | 3.78% | 3.34% | 7.03% | 3.14% | 5.37% | 4.48% | 0.21% | 0.98% | 5.91% | 1.47% | 1.61% | 5.58% | 5.9% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | 0 | 2.3M | 0 | 0 | 0 | 2.2M | 0 | 10.2M | 0 | 2.1M | 0 | 0 | 0 | 2M | 0 | 0 | 0 | 2M | 2M | 4M |
| Other Investing | 0 | -4.5M | -4.3M | -3.7M | 0 | -4.8M | -5.1M | 0 | 0 | 0 | 0 | 0 | 0 | -7.1M | -77M | 0 | -6.6M | -5.1M | 0 | 0 |
| Cash from Financing | -57.9M | -48.4M | -26.6M | 5.1M | 3.8M | -10.2M | -65.9M | -1.7M | 1.3M | -6.4M | -11.8M | -16.1M | 8.1M | -68.7M | 71.8M | -12.2M | 700K | 114.4M | -700K | 300K |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | -65.7M | -49.2M | -19.2M | 1M | -500K | -10.3M | -68.7M | -700K | 1.7M | -5.7M | -11M | 1M | 8.4M | 0 | 0 | 6.8M | 0 | 140M | 200K | 1.1M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -66M | -50.7M | -19.2M | 1M | -500K | -10.3M | -68.7M | -1.1M | 0 | -7.9M | -10.8M | -1.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -100K |
| Other Financing | -200K | -300K | -2M | -300K | 0 | 2.1M | 2.8M | -1M | -400K | -400K | 300K | -17.1M | -300K | 1.3M | 1.8M | -19M | 700K | 2.9M | -900K | -800K |
| Net Change in Cash | -42M | -22.3M | 15.3M | 13.1M | 23.7M | -5.4M | -40M | 2.9M | 8.4M | 13.8M | 19.5M | -33.7M | 16.9M | -54.5M | 12.6M | -35.8M | -6.2M | 116.3M | 12.4M | -19.5M |
| Free Cash Flow | 31.5M | 34.1M | 44.1M | 21.2M | 22.1M | 4.9M | 23.8M | 4.5M | 17.3M | 20.2M | 31.3M | -17.7M | 8.8M | 12.7M | 10.4M | -23.4M | -6.9M | 2M | 11.1M | -19.9M |
| FCF Margin % | 14.18% | 15.13% | 20.5% | 11.34% | 10.56% | 2.67% | 12.44% | 2.99% | 10.69% | 15.11% | 20.48% | -12.35% | 5.19% | 8.94% | 7.29% | -18.69% | -5.34% | 2.01% | 11.27% | -21.72% |
| FCF Growth % | 42.53% | 595.92% | 85.29% | 371.11% | 27.75% | -75.74% | -23.96% | 125.42% | 96.59% | 59.06% | 200.96% | 24.36% | 227.54% | 535% | -6.31% | -17.59% | 23.33% | 123.81% | - | - |
| FCF per Share | 0.45 | 0.46 | 0.57 | 0.28 | 0.29 | 0.06 | 0.30 | 0.06 | 0.21 | 0.26 | 0.40 | -0.23 | 0.11 | 0.17 | 0.14 | -0.35 | -0.10 | 0.03 | 0.17 | -0.35 |
| FCF Conversion (FCF/Net Income) | 1.75x | 2.78x | 1.84x | 2.13x | 133.50x | 0.26x | 290.00x | -1.09x | 20.64x | -12.87x | -72.20x | 0.93x | 9.65x | 2.26x | 27.57x | 1.72x | -0.15x | -1.10x | -2.13x | 1.04x |
| Interest Paid | 0 | 0 | 0 | 100K | 100K | -300K | 100K | 100K | 0 | 0 | 100K | 0 | 0 | 1.1M | 700K | 0 | 100K | 900K | 0 | 0 |
| Taxes Paid | 0 | 600K | 100K | 11.5M | 2.9M | -10.2M | 2.9M | 7.1M | 0 | 0 | 3.4M | 0 | 0 | 900K | 1.1M | 0 | 200K | 0 | 0 | 0 |