nerdwallet inc-a 2025年季度报告

and “emerging growth company” in Rule12b-2 of the Exchange Act. (Check one): Large accelerated filer☐Accelerated filer☒ Emerging growth company☒ Financial InformationItem 1.Financial StatementsCondensed Consolidated Balance Sheets Condensed Consolidated Statements of Comprehensive IncomeCondensed Consolidated Statements of Stockholders’ EquityCondensed Consolidated Statements of Cash Flows Item 1A. Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.Exhibits This Quarterly Report on Form10-Q contains forward-looking statements about us and our industry that involve significant risksand uncertainties. Except for statements of historical facts, all statements contained in this Quarterly Report on Form10-Q areforward-looking.These statements often contain words such as“anticipate,”“believe,”“contemplate,”“continue,”“could,”“estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will” or “would” or similar terms,including their negatives. These forward-looking statements include, but are not limited to, statements regarding: uncertainty on our business, operating results, financial condition, and stock price;•our expectations regarding our future financial and operational performance, including total revenue, cost of revenue, non- GAAP operating income (loss) and adjusted EBITDA;•our ability to grow traffic and user engagement on our platform; •expected returns on marketing investments and brand campaigns; •consumer demand for the products on our platform; •our ability to increase user registrations and improve repeat usage rates; •conversion of consumers into matches with financial services partners; •expansion within existing and new verticals; •geographic expansion; •maintaining and expanding relationships with financial services partners and identifying new financial services partners; •developing efficient and scalable technical capabilities to provide personalized guidance and engage users; •producing high quality, engaging consumer resources; •adapting to the evolving financial interests of consumers; •competing effectively in existing and new markets; •maintaining the security and availability of our platform; •protecting and enhancing our intellectual property portfolio; •attracting and retaining highly skilled, diverse talent; •complying with laws and regulations that currently apply or may apply in the future to our business; •the adequacy of our cash, cash equivalents, and investments to meet liquidity needs; •managing growth, scaling infrastructure and preserving our corporate culture; •identifying, executing, and integrating acquisitions successfully; and •achieving expected synergies, accretive value, and other benefits from completed acquisitions. These forward-looking statements should not be relied upon as predictions or guarantees of future events. They are based on ourcurrent expectations, estimates, and projections regarding future events and trends that may affect our business, financial condition, and operating results. However, these expectations are subject to various risks, uncertainties, and assumptions, including thosedescribed elsewhere in this Quarterly Report on Form10-Q, in PartI, Item1A.Risk Factors in our Annual Report on Form10-K for the year ended December31, 2024, and in our subsequent periodic filings with the U.S. Securities and Exchange Commission. Forward-looking statements in this Quarterly Report on Form10-Q speak only as of the date hereof. We undertake no obligationto update any such statements in this Quarterly Report on Form10-Q to reflect subsequent events, new information, or unexpecteddevelopments, except as required by law. These statements also do not account for potential impacts from future acquisitions, mergers, subject to change. Investors should not interpret these statements as assurances that we have conducted an exhaustive inquiry orreview of all relevant information. Given their inherent uncertainty, investors should not place undue reliance on these statements. 2 Three Months EndedMarch31,2025 Adjustments to reconcile net income to net cash provided by operating activities:Depreciation and amortization12.6Stock-based compensation6.7 Accounts receivable(18.7)Prepaid expenses and other assets3.5Mortgage loans held for sale(4.4)Accounts payable15.3 Purchase of investment Purchase of property and equipment See notes to condensed consolidated financial statements. Components of segment costs and expenses, along with a reconciliation to income (loss) from operations, are as follows: Depreciation and amortization12.6Other segment costs and expenses17.02 Total costs and expenses208.5Income from operations$0.7$ Emerging verticals Total revenue$209.2$During the three months ended March31, 2025 and 2024, the Company recognized $0.2million and $4.1m