Last 21 quarters of trend data · Financial Services · Financial - Credit Services
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
NerdWallet, Inc.'s quarterly P/E stands at 17.8x, up 173.5% year-over-year — indicating the stock has re-rated higher or earnings have softened.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 16.95 | 17.83 | 7.91 | 24.93 | 870.19 | 6.52 | 2444.23 | — | 268.25 | — | — | — | 189.91 |
| — | +173.5% | -99.7% | — | +224.4% | — | — | — | +41.3% | — | — | — | — | |
| P/S Ratio | 0.41 | 1.11 | 0.96 | 1.12 | 0.82 | 1.37 | 1.32 | 1.89 | 1.83 | 2.11 | 1.13 | 1.26 | 1.90 |
| — | -18.6% | -27.0% | -40.5% | -55.0% | -35.0% | +16.8% | +49.7% | -3.9% | +62.0% | -3.3% | +18.1% | +22.4% | |
| P/B Ratio | 2.20 | 2.68 | 2.06 | 2.15 | 1.85 | 2.76 | 3.13 | 3.00 | 3.12 | 3.07 | 1.89 | 1.98 | 3.56 |
| — | -2.9% | -34.2% | -28.1% | -40.7% | -10.0% | +65.3% | +51.4% | -12.3% | +42.1% | -9.4% | -2.4% | +13.5% | |
| P/FCF | 2.64 | 7.34 | 4.69 | 9.91 | 7.79 | 51.30 | 10.59 | 63.19 | 17.10 | 13.94 | 5.50 | — | 36.63 |
| — | -85.7% | -55.7% | -84.3% | -54.4% | +268.1% | +92.4% | — | -53.3% | -4.1% | -65.6% | — | — | |
| EV / EBITDA | 3.77 | 11.67 | 3.84 | 7.85 | 11.21 | 11.79 | 12.00 | 99.37 | 17.19 | 15.41 | 10.42 | 18.84 | 27.26 |
| — | -1.0% | -68.0% | -92.1% | -34.8% | -23.5% | +15.2% | +427.5% | -37.0% | +78.3% | -86.0% | — | — | |
| EV / EBIT | 3.77 | — | 4.95 | 15.71 | 106.52 | 263.36 | 29.63 | — | 53.62 | 47.06 | 31.26 | — | 2971.86 |
| — | — | -83.3% | — | +98.6% | +459.6% | -5.2% | — | -98.2% | +148.3% | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
NerdWallet, Inc.'s operating margin was 8.6% in Q4 2025, down 7.4 pp QoQ and up 3.9 pp YoY. Gross margin expanded 3.4% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 92.4% | 94.0% | 92.9% | 91.1% | 91.3% | 90.9% | 90.7% | 90.1% | 91.2% | 89.7% | 91.3% | 90.9% | 91.9% |
| — | +3.4% | +2.4% | +1.1% | +0.1% | +1.4% | -0.6% | -0.8% | -0.7% | -1.9% | -0.5% | -2.8% | -2.3% | |
| Operating Margin | 7.8% | 8.6% | 16.0% | 5.7% | 0.3% | 4.7% | 3.5% | -6.4% | 2.3% | 3.4% | 2.6% | -2.9% | -0.5% |
| — | +81.8% | +363.5% | +189.8% | -85.4% | +37.6% | +31.8% | -117.5% | +584.5% | -38.2% | +142.4% | +59.2% | +93.3% | |
| Net Margin | 5.8% | 6.2% | 12.2% | 4.4% | 0.1% | 21.0% | 0.1% | -6.2% | 0.7% | -1.7% | -0.3% | -7.5% | 1.0% |
| — | -70.4% | +23278.4% | +170.3% | -85.9% | +1320.8% | +116.0% | +16.4% | -32.2% | -127.4% | -166.7% | -0.5% | +112.3% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 13.2% | 3.6% | 6.6% | 2.2% | 0.1% | 11.2% | 0.0% | -2.5% | 0.3% | -0.6% | -0.1% | -2.9% | 0.5% |
| — | -67.9% | +23191.6% | +186.8% | -81.6% | +1887.0% | +120.8% | +15.8% | -38.9% | -123.3% | -157.0% | +17.9% | +111.8% | |
| ROA | 10.8% | 2.9% | 5.4% | 1.7% | 0.0% | 9.2% | 0.0% | -2.1% | 0.3% | -0.5% | -0.1% | -2.5% | 0.4% |
| — | -68.1% | +22905.9% | +181.9% | -82.8% | +1777.1% | +119.6% | +15.1% | -34.3% | -128.0% | -171.4% | +3.7% | +113.7% | |
| ROIC | 13.1% | 3.7% | 6.5% | 2.1% | 0.1% | 1.9% | 1.4% | -1.9% | 0.7% | 0.9% | 0.8% | -0.9% | -0.2% |
| — | +99.6% | +366.7% | +212.1% | -80.8% | +104.2% | +72.0% | -116.9% | +538.5% | -42.4% | +140.1% | +66.7% | +93.5% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
The current ratio has improved 5.5% YoY to 3.45x, strengthening the short-term liquidity position.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | 0.02 | — | 0.02 | — | 0.03 | 0.03 | — | — |
| — | — | — | — | — | -6.6% | — | — | — | -29.6% | -87.0% | — | — | |
| Debt / EBITDA | — | — | — | — | — | 0.44 | — | 3.00 | — | 0.57 | 0.71 | — | — |
| — | — | — | — | — | -22.5% | — | — | — | -13.2% | -98.0% | — | — | |
| Current Ratio | 3.45 | 3.45 | 3.70 | 3.44 | 2.68 | 3.27 | 2.91 | 4.27 | 4.17 | 5.32 | 4.33 | 5.18 | 2.73 |
| — | +5.5% | +26.9% | -19.3% | -35.8% | -38.5% | -32.7% | -17.6% | +52.4% | +103.5% | +48.7% | +63.4% | -16.6% | |
| Quick Ratio | 3.45 | 3.45 | 3.70 | 3.44 | 2.68 | 3.27 | 2.91 | 4.27 | 4.17 | 5.32 | 4.33 | 5.18 | 2.73 |
| — | +5.5% | +26.9% | -19.3% | -35.8% | -38.5% | -32.7% | -17.6% | +52.4% | +103.5% | +48.7% | +63.4% | -16.6% | |
| Interest Coverage | — | — | 172.00 | 53.50 | 7.00 | 43.50 | 66.00 | -48.00 | 18.50 | 23.00 | 20.00 | -21.00 | -4.00 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 21 years · Updated daily
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Start ComparisonNerdWallet, Inc.'s current P/E is 17.0x. The average P/E over the last 4 quarters is 230.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
NerdWallet, Inc.'s current operating margin is 7.8%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking NerdWallet, Inc.'s business trajectory between earnings reports.