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Side-by-side financial comparison of NERDWALLET, INC. (NRDS) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.
NERDWALLET, INC. is the larger business by last-quarter revenue ($225.4M vs $188.3M, roughly 1.2× BRC Group Holdings, Inc.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs 6.2%, a 41.7% gap on every dollar of revenue. On growth, NERDWALLET, INC. posted the faster year-over-year revenue change (22.6% vs -21.9%). Over the past eight quarters, NERDWALLET, INC.'s revenue compounded faster (18.0% CAGR vs -15.4%).
NerdWallet is an American personal finance company, founded in 2009 by Tim Chen and Jacob Gibson. It has a website and app that earns money by promoting financial products to its users.
NRDS vs RILY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $225.4M | $188.3M |
| Net Profit | $14.0M | $90.3M |
| Gross Margin | 94.0% | 79.5% |
| Operating Margin | 8.6% | 32.3% |
| Net Margin | 6.2% | 47.9% |
| Revenue YoY | 22.6% | -21.9% |
| Net Profit YoY | -63.7% | 1710.8% |
| EPS (diluted) | $0.19 | $2.78 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $225.4M | $188.3M | ||
| Q3 25 | $215.1M | $215.3M | ||
| Q2 25 | $186.9M | $188.2M | ||
| Q1 25 | $209.2M | $197.2M | ||
| Q4 24 | $183.8M | $241.0M | ||
| Q3 24 | $191.3M | $225.5M | ||
| Q2 24 | $150.6M | $256.0M | ||
| Q1 24 | $161.9M | $263.4M |
| Q4 25 | $14.0M | $90.3M | ||
| Q3 25 | $26.3M | $91.1M | ||
| Q2 25 | $8.2M | $139.5M | ||
| Q1 25 | $200.0K | $-10.0M | ||
| Q4 24 | $38.6M | $-5.6M | ||
| Q3 24 | $100.0K | $-284.4M | ||
| Q2 24 | $-9.4M | $-433.6M | ||
| Q1 24 | $1.1M | $-49.2M |
| Q4 25 | 94.0% | 79.5% | ||
| Q3 25 | 92.9% | 83.7% | ||
| Q2 25 | 91.1% | 81.3% | ||
| Q1 25 | 91.3% | 81.4% | ||
| Q4 24 | 90.9% | 79.8% | ||
| Q3 24 | 90.7% | 82.1% | ||
| Q2 24 | 90.1% | 84.5% | ||
| Q1 24 | 91.2% | 85.3% |
| Q4 25 | 8.6% | 32.3% | ||
| Q3 25 | 16.0% | 30.4% | ||
| Q2 25 | 5.7% | 5.7% | ||
| Q1 25 | 0.3% | -31.2% | ||
| Q4 24 | 4.7% | -69.2% | ||
| Q3 24 | 3.5% | -36.4% | ||
| Q2 24 | -6.4% | -90.8% | ||
| Q1 24 | 2.3% | -6.1% |
| Q4 25 | 6.2% | 47.9% | ||
| Q3 25 | 12.2% | 42.3% | ||
| Q2 25 | 4.4% | 74.1% | ||
| Q1 25 | 0.1% | -5.1% | ||
| Q4 24 | 21.0% | -2.3% | ||
| Q3 24 | 0.1% | -126.1% | ||
| Q2 24 | -6.2% | -169.4% | ||
| Q1 24 | 0.7% | -18.7% |
| Q4 25 | $0.19 | $2.78 | ||
| Q3 25 | $0.34 | $2.91 | ||
| Q2 25 | $0.11 | $4.50 | ||
| Q1 25 | $0.00 | $-0.39 | ||
| Q4 24 | $0.49 | $-0.01 | ||
| Q3 24 | $0.00 | $-9.39 | ||
| Q2 24 | $-0.12 | $-14.35 | ||
| Q1 24 | $0.01 | $-1.71 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $98.3M | $226.6M |
| Total DebtLower is stronger | — | $1.4B |
| Stockholders' EquityBook value | $374.5M | $-171.5M |
| Total Assets | $461.1M | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $98.3M | $226.6M | ||
| Q3 25 | $120.6M | $184.2M | ||
| Q2 25 | $105.3M | $267.4M | ||
| Q1 25 | $92.2M | $138.3M | ||
| Q4 24 | $66.3M | $146.9M | ||
| Q3 24 | $71.7M | $159.2M | ||
| Q2 24 | $113.8M | $236.9M | ||
| Q1 24 | $110.9M | $190.7M |
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $374.5M | $-171.5M | ||
| Q3 25 | $402.4M | $-260.5M | ||
| Q2 25 | $390.0M | $-351.7M | ||
| Q1 25 | $371.6M | $-496.8M | ||
| Q4 24 | $364.2M | $-488.2M | ||
| Q3 24 | $322.4M | $-497.6M | ||
| Q2 24 | $379.4M | $-218.3M | ||
| Q1 24 | $378.7M | $228.4M |
| Q4 25 | $461.1M | $1.7B | ||
| Q3 25 | $492.8M | $1.7B | ||
| Q2 25 | $476.0M | $1.5B | ||
| Q1 25 | $475.0M | $1.5B | ||
| Q4 24 | $437.6M | $1.8B | ||
| Q3 24 | $402.4M | $2.2B | ||
| Q2 24 | $446.2M | $3.2B | ||
| Q1 24 | $446.1M | $5.0B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $38.9M | $26.2M |
| Free Cash FlowOCF − Capex | $38.6M | — |
| FCF MarginFCF / Revenue | 17.1% | — |
| Capex IntensityCapex / Revenue | 0.1% | — |
| Cash ConversionOCF / Net Profit | 2.78× | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $130.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $38.9M | $26.2M | ||
| Q3 25 | $48.5M | $-60.6M | ||
| Q2 25 | $17.5M | $-25.6M | ||
| Q1 25 | $26.7M | $184.0K | ||
| Q4 24 | $9.9M | $-2.7M | ||
| Q3 24 | $29.0M | $19.5M | ||
| Q2 24 | $10.2M | $111.5M | ||
| Q1 24 | $22.7M | $135.4M |
| Q4 25 | $38.6M | — | ||
| Q3 25 | $48.4M | — | ||
| Q2 25 | $16.8M | — | ||
| Q1 25 | $26.5M | — | ||
| Q4 24 | $9.7M | — | ||
| Q3 24 | $28.9M | — | ||
| Q2 24 | $9.9M | — | ||
| Q1 24 | — | — |
| Q4 25 | 17.1% | — | ||
| Q3 25 | 22.5% | — | ||
| Q2 25 | 9.0% | — | ||
| Q1 25 | 12.7% | — | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 15.1% | — | ||
| Q2 24 | 6.6% | — | ||
| Q1 24 | — | — |
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.4% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.0% | — |
| Q4 25 | 2.78× | 0.29× | ||
| Q3 25 | 1.84× | -0.66× | ||
| Q2 25 | 2.13× | -0.18× | ||
| Q1 25 | 133.50× | — | ||
| Q4 24 | 0.26× | — | ||
| Q3 24 | 290.00× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 20.64× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NRDS
| Insurance | $81.2M | 36% |
| Emerging Verticals | $52.9M | 23% |
| Loans | $42.3M | 19% |
| Credit Card | $26.5M | 12% |
| SMB Products | $22.5M | 10% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
