NerdWallet Publishes Q3 2026 Earnings Call Transcript

By Public Technologies
  • NerdWallet's November 5, 2026, Q3 earnings call featured CEO Tim Chen, CFO John H. Lee and finance executive Robert Ferris.
  • Revenue of $240 million missed the $244 million-$260 million forecast, reflecting weakness in auto insurance.
  • Auto insurance revenue fell $17 million year over year; Chen expects carrier-network limitations to persist through Q4.
  • Q4 revenue is forecast at $191 million-$203 million, with non-GAAP operating income of $9 million-$15 million.
  • Management expects revenue growth in 2027 but plans increased vertical-integration and AI investments that will weigh on near-term non-GAAP operating income.


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