What move does the options market price into Nerdwallet's report?

Implied ±13.0%, either direction.

How often does Nerdwallet move more than the options market prices?

4 of the last 8 reports moved at least as far as the implied move.

NRDSNasdaqServices-Computer Processing & Data Preparation

Nerdwallet, Inc. (NRDS) earnings date, market-implied expected move, and options open interest by expiry

10.84

−0.16 · −1.47%

post 10.69 −1.36%

Closed18:40 ET

Open10.76Volume1.0MMkt cap$703.2MP/E11.62EPS0.92

Day10.69 – 10.900%52-wk7.33 – 16.2438%

NRDS

Nerdwallet, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±13.0%implied · report alone

8Q avg ±18.0%·×0.72·cheap

9.4312.25

straddle ±14.5%

spot 10.84exp Nov 20ATM strike 10ATM straddle 1.85IV 96%

Nov 3 closereport share · term structure

Expected move

Inputs

Next report

Nov 5

after close · in 1 day

est.Q3 FY26

Calendar

Next report

Last report

+12.10%

vs ±16.1% implied · ×0.75

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

−9.99%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

149 managers

Top fund weight

0.01%

NRDS weight · IWM

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Nerdwallet (NRDS) is expected to report on Nov 5 after close (estimated date).

Implied vs realized

8 reports

4 of 8≥ implied

avg implied: ±15.4%
avg realized: ±18.0%

Oct 29 '24Oct 29 '24confirmed±18.1%▲+33.04%×1.82

Feb 19 '25Feb 19 '25confirmed±14.0%▼−18.63%×1.33

May 6 '25May 6 '25confirmed±15.7%▲+28.96%×1.84

Aug 7 '25Aug 7 '25confirmed±14.2%▼−17.15%×1.21

Q3 FY25Nov 6 '25confirmed±15.0%▲+13.86%×0.93

Q1 FY26Feb 25 '26confirmed±16.8%▲+7.27%×0.43

May 6 '26May 6 '26confirmed±13.0%▼−12.77%×0.98

Q2 FY26Aug 6 '26confirmed±16.1%▲+12.10%×0.75

quarterimplied−35%0+35%realized×

Q2 FY26±16.1%▲+12.10%×0.75

May '26±13.0%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Oct 28 close

0.22OI · 3 expiries · Oct 28 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

780%Nov 2016d3590%

7940%Dec 1844d1.50528+1%1.50

1220%Mar 19135d0.052,5220%0.05

ExpiryPutsCallsP/C

Nov 2016d780%3590%0.22

Dec 1844d7940%528+1%1.50

Mar 19135d1220%2,5220%0.05

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±14.5%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

2.18%as filednet margin · revenue −11.21% QoQ · +5.56% YoY

Revenue

$197M−11.21% QoQ

Gross profit

$184M−11.84% QoQ

93.21% margin

Operating income

$7M−74.26% QoQ

3.55% margin

Pre-tax income

$7M−73.93% QoQ

Net income

$4M−78.92% QoQ

2.18% margin

Cost of revenue

$13M−1.47% QoQ

Operating expenses

$177M−2.48% QoQ

Marketing $145M

R&D $18M

SG&A $14M

Tax

$3M−60.53% QoQ

Other income

$300,000−62.50% QoQ

Revenue$197M−11.21%

Gross profit

$184M−11.84%

93.21% margin

Operating income

$7M−74.26%

3.55% margin

Pre-tax income

$7M−73.93%

Net income

$4M−78.92%

2.18% margin

Cost of revenue

$13M−1.47%

Operating expenses

$177M−2.48%

Marketing $145M

R&D $18M

SG&A $14M

Other income$300,000−62.50%

Tax$3M−60.53%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 18:30 ET

Intraday

Event sensitivity

FOMC ×1.56· ±3.6% vs ±2.3% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±3.6%11 of 24×1.56

NFPjobs report±3.4%5 of 10×1.48

PCEpersonal income & outlays±2.1%7 of 19×0.94

PPIproducer prices±1.9%4 of 10×0.85

GDPgross domestic product±1.7%9 of 19×0.74

CPIconsumer prices±1.5%5 of 10×0.68

CPROFcorporate profits±1.1%5 of 12×0.50

Bar = avg |move| to ±4% · tick = ±2.3% avg day · ×base = |move| ÷ ±2.3% · min 6 releases

Earnings history

EPS 0.07 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 6 '26 · confirmed	0.07	—
Q1 FY26	Feb 25 '26 · confirmed	0.29	—
Q3 FY25	Nov 6 '25 · confirmed	0.34	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod