NerdWallet

NRDS

Internet Content & Information · Communication Services

Exchange

NASDAQ

Winston Score

Winston is curious

A decent business — some strong pillars, some weaker.

Data as of Aug 23, 2026 · filings through Jun 30, 2026

How the score breaks down

Quality

Strong

Growth

Good

Cash Flow

Exceptional

Stability

Good

Valuation

Strong

Track this stock — start free trial

Winston Score History

The full picture

NerdWallet is a personal finance website and app that helps everyday people make decisions about money. It lets users compare credit cards, loans, bank accounts, insurance, and investment products all in one place. The company is best known for its free comparison tools and personal finance content, and it earns most of its revenue by referring users to financial companies like banks, lenders, and insurers.

NerdWallet makes money when users click through and sign up for a financial product — a model called performance-based marketing or lead generation. It operates primarily in the United States, with smaller operations in the UK and Canada, and generated roughly $700 million in market value as of mid-2026. Its moat comes from strong brand recognition and a large library of search-optimized financial content, but the business faces real risk from changes to Google's search algorithm, which can significantly reduce the organic traffic it depends on to connect users with financial partners.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+5.6% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

-36.4% YoY

YoY Growth Rate

Earnings declining

Insider Activity

5.7%ownership

Insiders own a meaningful stake in the company

Cash Position

Cash flow positive

$62M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Growth context

NerdWallet is growing revenue at 6% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

93.2%

Premium pricing power — 93.2% gross margin

Profit after running costs

Operating Margin

3.5%

Thin — 3.5% operating margin

Return on the money invested

ROCE

27.4%

Exceptional — 27.4% return on capital

ROIC above 25%. Every dollar invested in the business earns more than 25 cents back per year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+11.5%

Steady sales growth (+11.5% YoY)

Profit growth

EPS YoY

+43.5%

Earnings growing fast (+43.5% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is

EPS Consistency

5/8 quarters

Mixed — about half the quarters showed growth

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

308%

Turns 308% of profit into real cash

Spare cash per sale

FCF Margin

20.8%

Converts sales into free cash efficiently (20.8%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

N/A

Data not available

Covers its interest

Interest Cover

148.83x

Comfortably covers interest (148.8x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

11.0x

no trend

Attractive valuation — P/E 11.0

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year

P/E vs Forward

+4.6

GROWING

Earnings expected to grow meaningfully — cheaper on forward P/E (11.0 → 6.4)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial