NRDY
Nerdy Inc
NYSE: NRDY · TECHNOLOGY · SOFTWARE - APPLICATION
$0.90
+1.35% today
Updated 2026-04-30
Market cap
$221.86M
P/E ratio
—
P/S ratio
1.24x
EPS (TTM)
$-0.33
Dividend yield
—
52W range
$1 – $2
Volume
0.6M
Nerdy Inc (NRDY) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $72.04M | $90.45M | $103.97M | $140.66M | $162.66M | $193.40M | $190.23M | $178.99M |
| Revenue growth (YoY) | — | +25.6% | +14.9% | +35.3% | +15.6% | +18.9% | -1.6% | -5.9% |
| Cost of revenue | $26.50M | $30.83M | $34.83M | $46.70M | $49.73M | $56.95M | $61.84M | $76.41M |
| Gross profit | $45.54M | $59.62M | $69.13M | $93.96M | $112.93M | $136.45M | $128.39M | $102.58M |
| Gross margin | 63.2% | 65.9% | 66.5% | 66.8% | 69.4% | 70.6% | 67.5% | 57.3% |
| R&D | — | — | — | — | — | — | — | $41.34M |
| SG&A | $40.59M | $42.19M | $43.23M | $121.97M | $129.56M | $125.57M | $126.88M | $105.52M |
| Operating income | $-25.55M | $-20.54M | $-17.93M | $-96.45M | $-90.81M | $-57.57M | $-70.11M | $-34.59M |
| Operating margin | -35.5% | -22.7% | -17.3% | -68.6% | -55.8% | -29.8% | -36.9% | -19.3% |
| EBITDA | $-22.68M | $-15.33M | $-11.89M | $-87.06M | $-84.29M | $-50.80M | $-62.54M | $-53.16M |
| EBITDA margin | -31.5% | -16.9% | -11.4% | -61.9% | -51.8% | -26.3% | -32.9% | -29.7% |
| EBIT | $-25.22M | $-20.34M | $-17.93M | $-93.44M | $-90.81M | $-57.57M | $-70.11M | $-60.79M |
| Interest expense | $157000.00 | $2.10M | $4.90M | $3.79M | $483000.00 | $3.38M | — | — |
| Income tax | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-25.38M | $-22.44M | $-24.66M | $-27.32M | $-35.40M | $-40.17M | $-42.59M | $-39.92M |
| Net income growth (YoY) | — | +11.6% | -9.9% | -10.8% | -29.5% | -13.5% | -6.0% | +6.3% |
| Profit margin | -35.2% | -24.8% | -23.7% | -19.4% | -21.8% | -20.8% | -22.4% | -22.3% |