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. Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net Profit Margin
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Profitability Insight
Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.
Nerdy, Inc. Income Statement
NRDY • NYSE
| Nerdy, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||
179M | 190.2M | 193.4M | 162.7M | 140.7M | 104M | 90.5M | 72M | |
GROSS PROFIT | ||||||||
(76.4M) | (61.8M) | (57M) | (49.7M) | (46.7M) | (34.8M) | (30.8M) | (26.5M) | |
102.6M | 128.4M | 136.4M | 112.9M | 94M | 69.1M | 59.6M | 45.5M | |
OPERATING INCOME | ||||||||
(137.2M) | (198.5M) | (194M) | (203.7M) | (190.4M) | (87.1M) | (80.2M) | (71.1M) | |
(165.6M) | (198.5M) | (194M) | (203.7M) | (187.4M) | (87.1M) | (80.2M) | (71.1M) | |
(41.3M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-34.6M | -70.1M | -57.6M | -90.8M | -96.5M | -17.9M | -20.5M | -25.5M | |
PRE-TAX INCOME | ||||||||
(0.0) | (0.0) | (0.0) | (0.0) | (3.8M) | (4.9M) | (2.1M) | (157K) | |
1.1M | 3.1M | 3.4M | 483K | -3.8M | -4.9M | -2.1M | -157K | |
-69.8M | (0.0) | (0.0) | (0.0) | (3M) | (0.0) | (0.0) | (329K) | |
-26.2M | 3.1M | -10M | 26.9M | 65.8M | -6.7M | -1.9M | 172K | |
-60.8M | -67M | -67.6M | -63.9M | -30.6M | -24.7M | -22.4M | -25.4M | |
NET INCOME | ||||||||
(159K) | (115K) | (109K) | (19K) | (40K) | (0.0) | (2.3M) | (0.0) | |
-39.9M | -42.6M | -40.2M | -35.4M | -27.3M | -24.7M | -22.4M | -25.4M |
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
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.