NerdWallet (NRDS) Q2 FY26 earnings call

NerdWallet delivered solid Q2 FY26 results, exceeding profitability guidance while navigating an AI transition and organic search headwinds. The company is strategically investing in building owned audiences and vertically integrating business lines, shifting marketing spend towards longer-payback, higher-IRR opportunities. Management remains focused on efficiency and generating strong free cash flow to fund these investments and maintain a healthy balance sheet.