NRDY - NYSE
Nerdy, Inc.
$0.78
+0.26%Nerdy, Inc. operates platform for live online learning. The company's purpose-built proprietary platform leverages technology, including AI, to connect learners of various ages to experts, delivering value on both sides of the network. Its learning destination provides learning experiences across various subjects and multiple formats, including one-on-one instruction, small group classes, large format group classes, and adaptive self-study. The company's flagship business, Varsity Tutors, operates platforms for live online tutoring and classes. Its solutions are available directly to learners, as well as through schools and other institutions. The company was founded in 2007 and is headquartered in Saint Louis, Missouri.
At a Glance
Live SnapshotNerdy, Inc. Funding & Solvency Profile
Financial Health Analysis
Current Ratio
Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.
Debt-to-Equity Ratio
Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.
Working Capital
Strong working capital position provides significant operational flexibility and financial cushion.
Asset Composition
Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.
Financial Health Insight
Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.
Nerdy, Inc. Balance Sheet
NRDY • NYSE
| Nerdy, Inc. Balance Sheet | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
ASSETS | |||||||
CURRENT ASSETS | |||||||
47.9M | 52.5M | 74.8M | 90.7M | 144M | 29.3M | 25M | |
47.9M | 52.5M | 74.8M | 90.7M | 144M | 29.3M | 25M | |
5.6M | 7.3M | 15.4M | 11.6M | 5.3M | 475K | 758K | |
5.6M | 7.3M | 15.4M | 11.6M | 5.3M | 475K | 758K | |
0.0 | 3.7M | 3.1M | 3.7M | 3.6M | 574K | 1.5M | |
4.6M | 1.1M | 1.7M | 1.6M | 2.6M | 1.2M | 807K | |
58.2M | 64.7M | 95M | 107.7M | 155.5M | 31.6M | 28.1M | |
NON-CURRENT ASSETS | |||||||
8.7M | 17.1M | 16.4M | 12.5M | 10.7M | 10.3M | 12.9M | |
5.7M | 5.7M | 5.7M | 5.7M | 5.7M | 5.7M | 5.7M | |
1.9M | 2.4M | 3.1M | 3.6M | 4.4M | 8.5M | 9.5M | |
7.6M | 8.1M | 8.8M | 9.3M | 10.1M | 14.3M | 15.2M | |
0.0 | 0.0 | 0.0 | 0.0 | 832K | 0.0 | 0.0 | |
0.0 | 0.0 | 0.0 | 0.0 | -832K | 0.0 | 0.0 | |
1.7M | 2.5M | 4.5M | 3.2M | 832K | 1.2M | 2.6M | |
18M | 27.8M | 29.7M | 25M | 21.7M | 25.7M | 30.7M | |
76.2M | 92.5M | 124.7M | 132.7M | 177.1M | 57.3M | 58.8M | |
LIABILITIES | |||||||
CURRENT LIABILITIES | |||||||
3.4M | 3.4M | 4.5M | 4M | 5.2M | 4.4M | 2.3M | |
3.4M | 2.6M | 3.4M | 3.2M | 3.6M | 4.4M | 2.3M | |
0.0 | 874K | 1M | 782K | 1.6M | 0.0 | 0.0 | |
0.0 | 3.8M | 4.4M | 2.5M | 1.8M | 3.1M | 894K | |
0.0 | 0.0 | 0.0 | 0.0 | 841K | 6.5M | 0.0 | |
0.0 | 928K | 1.3M | 1.5M | 0.0 | 0.0 | 0.0 | |
0.0 | 874K | 1M | 782K | 746K | 0.0 | 0.0 | |
14.5M | 15.3M | 20.5M | 25.5M | 30M | 17.3M | 14.7M | |
7.8M | 4.9M | 5M | 3.8M | 4M | 3M | 3.1M | |
25.6M | 28.3M | 35.6M | 37.3M | 41.9M | 34.3M | 21M | |
NON-CURRENT LIABILITIES | |||||||
19.3M | 0.0 | 0.0 | 0.0 | 0.0 | 41M | 34.6M | |
2.3M | 3.1M | 3.5M | 14.3M | 39.4M | 380.4M | 159.5M | |
21.6M | 3.1M | 3.5M | 14.3M | 39.4M | 421.4M | 194.2M | |
0.0 | 928K | 1.3M | 1.5M | 0.0 | 0.0 | 0.0 | |
47.2M | 31.4M | 39.1M | 51.6M | 81.3M | 455.7M | 215.2M | |
SHAREHOLDERS' EQUITY | |||||||
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.7M | 6.7M | |
18K | 18K | 18K | 16K | 15K | 86K | 86K | |
0.0 | 597.3M | 567.7M | 522M | 490.2M | 6.8M | 5.1M | |
-597.8M | -557.9M | -515.3M | -475.1M | -439.7M | -412.4M | -168.5M | |
36K | 19K | 31K | -12K | 136K | 296K | 176K | |
616.7M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
19M | 39.5M | 52.5M | 46.9M | 50.7M | -398.5M | -156.4M | |
28.9M | 61.1M | 85.6M | 81.1M | 95.8M | -398.5M | -156.4M | |
9.9M | 21.6M | 33.1M | 34.1M | 45.1M | 0.0 | 0.0 | |
SUMMARY | |||||||
76.2M | 92.5M | 124.7M | 132.7M | 177.1M | 57.3M | 58.8M | |
0.0 | 0.0 | 0.0 | 0.0 | 832K | 0.0 | 0.0 | |
19.3M | 928K | 1.3M | 1.5M | 841K | 47.6M | 34.6M | |
-28.6M | -51.6M | -73.5M | -89.2M | -143.1M | 18.3M | 9.6M | |
121,403,407 | 121,403,407 | 121,403,407 | 121,403,407 | 121,403,407 | 121,403,407 | 121,403,407 |
SEC Filings
NRDY - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 22, 2026 | May 21, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 04, 2026 | April 30, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 06, 2026 | April 03, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | March 10, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 06, 2026 | March 05, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 26, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 26, 2026 | February 26, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 06, 2025 | November 03, 2025 | 2025 |
Related Guides
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Research Paths
Snapshot
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Value Model
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Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
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Dividends
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Analyst Expectations
Review consensus spread and where estimate risk is concentrated.