NERDWALLET, Inc. (NRDS) intrinsic value & 10-year financials
NERDWALLET, Inc. (NRDS) has a Graham intrinsic value of $11.37 per share. At $10.02 on Oct 17, 2026, the stock trades 12% below that value. Over the last 8 fiscal years revenue grew 24.2% a year to $836.6M, with an average return on invested capital of -6.0%.
- Graham intrinsic value
- $11.37
- Share price (Oct 17, 2026)
- $10.02
- Price vs Graham value
- 12% below
- Market cap
- $760.9M
- Revenue (FY2025)
- $836.6M
- Revenue growth (8-yr CAGR)
- 24.2%
- ROIC (10-yr avg)
- -6.0%
- Free cash flow (FY2025)
- $130.3M
NRDS 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $836.6M | $48.7M | $0.64 | $130.3M | 7.8% | 15.9% |
| FY2024 | $687.6M | $30.4M | $0.38 | $71.2M | 1.4% | 3.3% |
| FY2023 | $599.4M | -$11.8M | -$0.15 | $71.4M | 0.6% | 0.7% |
| FY2022 | $538.9M | -$10.2M | -$0.14 | $20.4M | -3.5% | -5.2% |
| FY2021 | $379.6M | -$42.5M | -$0.82 | $4.9M | -10.3% | -56.0% |
| FY2020 | $245.3M | $5.3M | $0.09 | $14.1M | 0.8% | 5.1% |
| FY2019 | $228.3M | $24.2M | $0.45 | $30.7M | 12.4% | — |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
NERDWALLET, INC. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
NERDWALLET, INC. has historically struggled to out-earn its cost of capital, averaging just -6.0% ROIC.
NERDWALLET, INC. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, NERDWALLET, INC. is modeled at 6.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $11.37 per share.