NerdWallet (NRDS) Balance Sheet: Assets & Liabilities

NerdWallet (NRDS) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), NerdWallet reported total assets of $461.10M and total liabilities of $86.60M. Shareholders' equity was $374.50M, up 2.8% from $364.20M a year earlier. Total debt stood at $0.00 against $98.30M in cash and short-term investments, a net cash position of $98.30M. That puts debt-to-equity at 0.00, compared with 0.02 a year earlier.

NerdWallet Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for NerdWallet, Inc. (NRDS) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Current Assets
Cash and Cash Equivalents	98.30	66.30	100.40	83.90	167.80	83.40	67.60
Short-Term Investments	0.00	2.20	2.10	2.00	2.00	2.00	0.00
Cash & Short-Term Investments	98.30	68.50	102.50	85.90	169.80	85.40	67.60
Accounts Receivable	111.00	102.20	75.50	87.00	57.60	38.70	37.30
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	35.40	28.20	22.50	18.30	17.40	5.30	3.00
Total Current Assets	244.70	196.70	198.40	189.20	242.80	129.40	107.90
Non-Current Assets
Property, Plant & Equipment (Net)	38.90	48.30	59.80	60.40	48.80	41.70	34.10
Goodwill	123.50	112.40	111.50	111.20	43.80	43.80	0.30
Intangible Assets	21.50	33.30	46.90	64.10	27.60	35.60	0.00
Other Non-Current Assets	3.10	46.90	2.00	0.80	1.10	0.60	0.00
Total Non-Current Assets	216.40	240.90	220.20	236.50	121.30	125.80	36.70
Total Assets	461.10	437.60	418.60	425.70	364.10	255.20	144.60
Current Liabilities
Accounts Payable	5.40	8.90	1.70	3.60	3.20	5.40	1.80
Short-Term Debt	0.00	4.80	3.40	3.10	2.40	7.40	12.10
Accrued Liabilities	65.50	51.20	35.60	37.90	32.10	3.10	-
Deferred Revenue	0.00	0.20	4.10	26.10	22.10	8.10	10.50
Other Current Liabilities	65.50	33.70	21.20	30.90	30.50	1.70	2.50
Total Current Liabilities	70.90	60.10	37.30	72.40	65.80	24.00	26.90
Non-Current Liabilities
Long-Term Debt	0.00	4.10	6.20	9.60	12.70	37.70	37.30
Deferred Tax Liabilities	0.00	0.20	0.70	1.20	1.80	1.50	0.00
Other Non-Current Liabilities	15.70	13.30	14.40	11.60	40.70	109.30	72.40
Total Non-Current Liabilities	15.70	13.30	14.40	11.60	40.70	148.50	109.70
Total Liabilities	86.60	73.40	51.70	84.00	106.50	172.50	136.60
Stockholders' Equity
Retained Earnings	-188.10	-166.50	-116.50	-84.70	-74.50	-17.70	-20.20
Accumulated Other Comprehensive Income	0.10	-0.20	-0.30	-0.90	0.50	0.60	0.00
Additional Paid-in Capital	562.50	530.90	483.70	427.30	331.60	99.80	28.20
Shares Outstanding	71.29	74.09	76.94	75.10	66.70	-	-
Total Stockholders' Equity	374.50	364.20	366.90	341.70	257.60	82.70	8.00
Total Liabilities & Equity	461.10	437.60	418.60	425.70	364.10	255.20	144.60

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About NerdWallet Balance Sheet

How much debt does NerdWallet have?

NerdWallet had total debt of $0.00 as of Dec 31, 2025, against $98.30M in cash and short-term investments. Its debt-to-equity ratio was 0.00. Total debt was $8.90M a year earlier.

What are NerdWallet's total assets?

NerdWallet reported total assets of $461.10M as of Dec 31, 2025, up 5.4% from $437.60M a year earlier. Total liabilities were $86.60M.

What is NerdWallet's shareholders' equity?

NerdWallet's shareholders' equity was $374.50M as of Dec 31, 2025, or about $5.25 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition