Nerdy Inc Class A (NRDY) financials
Nerdy revenue and earnings by year
Nerdy's revenue was $179 million in the fiscal year to December 31, 2025, down 5.9% from the year before. Net income was -$39.9 million, -22.3% of revenue. Since the fiscal year to December 31, 2018, revenue has grown 13.9% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 8 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 179 | 190 | 193 | 163 | 141 | 104 | 90 | 72 |
| Revenue growth | -5.9% | -1.6% | 18.9% | 15.6% | 35.3% | 14.9% | 25.6% | — |
| Gross profit | 104 | 128 | 136 | 113 | 94 | 69 | 60 | 46 |
| Gross margin | 58.0% | 67.5% | 70.6% | 69.4% | 66.8% | 66.5% | 65.9% | 63.2% |
| Operating income | -62 | -70 | -58 | -91 | -96 | -18 | -21 | -26 |
| Operating margin | -34.6% | -36.9% | -29.8% | -55.8% | -68.6% | -17.3% | -22.7% | -35.5% |
| Net income | -40 | -43 | -40 | -35 | -4 | 0 | 0 | -25 |
| Net margin | -22.3% | -22.4% | -20.8% | -21.8% | -2.7% | 0.0% | 0.0% | -35.2% |
| Diluted EPS | -$4.95 | -$5.70 | -$6.15 | -$6.15 | -$0.75 | — | — | — |
| Free cash flow | -24 | -22 | -14 | -53 | -44 | -10 | -23 | -21 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open NRDY in Markets.
See also: NRDY returns
No forecast, no recommendation. This page describes Nerdy Inc Class A from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.