Nerdy Inc.
Nerdy Inc.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Common Class A | - | 126 | 124 | 2 | 121 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Class B | - | 64 | 64 | 0 | 64 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 38 | 45 | 48 | 33 | 37 | 45 | 53 | 65 | 70 | 77 | 75 | 84 | |||||
Accounts Receivable Net Current | 4 | 5 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 10 | 15 | 8 | |||||
Other Assets Current | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 5 | 5 | 5 | 6 | |||||
Assets Current | 46 | 54 | 58 | 44 | 48 | 56 | 65 | 78 | 82 | 92 | 95 | 98 | |||||
Property Plant And Equipment Net | 10 | 9 | 9 | 16 | 16 | 17 | 17 | 17 | 17 | 17 | 16 | 14 | |||||
Goodwill | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | |||||
Finite Lived Intangible Assets Net | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | |||||
Other Assets Noncurrent | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 4 | 5 | 3 | |||||
Assets | 65 | 73 | 76 | 70 | 74 | 83 | 93 | 107 | 111 | 121 | 125 | 124 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 4 | 5 | 3 | 6 | 4 | 4 | 3 | 6 | 3 | 5 | 3 | 7 | |||||
Contract With Customer Liability Current | 6 | 10 | 14 | 16 | 10 | 13 | 15 | 16 | 11 | 16 | 20 | 19 | |||||
Other Liabilities Current | 7 | 8 | 8 | 9 | 8 | 10 | 11 | 14 | 12 | 12 | 12 | 14 | |||||
Liabilities Current | 17 | 23 | 26 | 31 | 22 | 27 | 28 | 36 | 26 | 33 | 36 | 40 | |||||
Long Term Debt Noncurrent | 20 | 19 | 19 | - | - | - | 0 | - | - | - | - | - | |||||
Other Liabilities Noncurrent | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 1 | |||||
Liabilities | 39 | 44 | 47 | 33 | 25 | 30 | 31 | 39 | 29 | 36 | 39 | 41 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Additional Paid In Capital | 624 | 621 | 617 | 613 | 608 | 603 | 597 | 591 | 584 | 575 | 568 | 560 | |||||
Retained Earnings Accumulated Deficit | -607 | -602 | -598 | -589 | -576 | -568 | -558 | -548 | -532 | -523 | -515 | -510 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Stockholders Equity | 17 | 19 | 19 | 37 | 32 | 34 | 39 | 68 | 52 | 85 | 86 | 50 | |||||
Minority Interest | 9 | 10 | 10 | 13 | 17 | 19 | 22 | 24 | 30 | 32 | 33 | 32 | |||||
Liabilities And Stockholders Equity | 65 | 73 | 76 | 70 | 74 | 83 | 93 | 107 | 111 | 121 | 125 | 124 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.48% | -2.39% | -4.32% | - | - | - | - | - | - | - | - | - |
| 2025 | 4.91% | -2.45% | 3.07% | -9.33% | -13.33% | -24.00% | 43.32% | 19.79% | 19.79% | -11.31% | 1.40% | -11.53% |
| 2024 | -35.47% | -36.98% | -31.32% | -32.08% | -38.49% | -40.25% | 77.53% | 88.76% | 97.75% | -0.63% | -9.43% | 6.29% |
| 2023 | - | - | - | -6.25% | -27.73% | -40.23% | -12.90% | 10.65% | 3.55% | -3.93% | -17.05% | -33.11% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.70 | 2.41 | 2.27 | 1.43 | 2.13 | 2.05 | 2.28 | 2.18 | 3.21 | 2.78 | 2.67 | 2.46 | |||||
| Quick Ratio | 2.70 | 2.41 | 2.27 | 1.43 | 2.13 | 2.05 | 2.28 | 2.18 | 3.21 | 2.78 | 2.67 | 2.46 | |||||
| Working Capital | 29.18M | 31.88M | 32.55M | 13.47M | 25.23M | 28.69M | 36.39M | 42.24M | 56.69M | 58.96M | 59.43M | 58.31M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 2.24 | 2.28 | 1.63 | 0.90 | 0.78 | 0.88 | 0.51 | 0.57 | 0.55 | 0.42 | 0.46 | 0.81 | |||||
| Interest Coverage TTM | -25.15 | -34.21 | -47.77 | -36.61 | -32.73 | -27.55 | -22.59 | -14.94 | -14.64 | -13.85 | -13.67 | -23.20 | |||||
| Debt Ratio | 0.60 | 0.60 | 0.62 | 0.47 | 0.34 | 0.36 | 0.34 | 0.36 | 0.26 | 0.30 | 0.31 | 0.33 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 2.58 | 2.31 | 2.12 | 2.01 | 1.93 | 1.80 | 1.75 | 1.71 | 1.70 | 1.57 | 1.50 | 1.37 | |||||
| Days Sales Outstanding TTM | 10.94 | 11.24 | 13.23 | 14.28 | 13.92 | 15.84 | 21.81 | 14.48 | 11.33 | 14.72 | 25.47 | 11.99 | |||||
| Receivables Turnover TTM | 33.36 | 32.46 | 27.59 | 25.56 | 26.23 | 23.04 | 16.74 | 25.20 | 32.23 | 24.80 | 14.33 | 30.43 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.23 | -0.24 | -0.33 | -0.43 | -0.54 | -0.60 | -0.60 | -0.50 | -0.40 | -0.31 | -0.41 | -0.74 | |||||
| Free Cash Flow Per Share TTM | -0.18 | -0.16 | -0.20 | -0.20 | -0.21 | -0.27 | -0.20 | -0.16 | -0.18 | -0.17 | -0.15 | -0.23 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 60.97% | 60.20% | 57.98% | 62.23% | 63.82% | 64.91% | 67.49% | 68.78% | 69.20% | 70.26% | 70.55% | 70.32% | |||||
| Operating Profit Margin TTM | -25.42% | -28.36% | -34.56% | -36.13% | -39.75% | -40.11% | -36.85% | -32.42% | -31.89% | -29.83% | -29.77% | -37.66% | |||||
| Net Profit Margin TTM | -16.20% | -16.60% | -22.30% | -29.29% | -36.31% | -38.72% | -35.29% | -28.90% | -22.17% | -16.80% | -20.77% | -39.84% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -0.16% | -2.16% | -5.91% | -9.86% | -10.85% | -7.00% | -1.64% | 9.55% | 16.62% | 20.03% | 18.89% | 10.58% | |||||
| Net Income Growth (1Y) | -55.45% | -58.06% | -40.54% | -8.63% | 46.03% | 114.32% | 67.13% | -20.53% | -43.12% | -49.60% | -37.14% | 100.82% | |||||
| EPS Growth (1Y) | -57.65% | -60.03% | -45.04% | -14.92% | 33.60% | 95.31% | 45.37% | -31.90% | -51.13% | -57.16% | -44.44% | 81.45% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -4.01 | -3.39 | -3.15 | -2.94 | -3.02 | -2.36 | -2.69 | -1.95 | -4.14 | -9.45 | -8.30 | -5.01 | |||||
| P/B TTM | 6.70 | 5.26 | 4.34 | 4.14 | 6.15 | 4.89 | 2.96 | 1.64 | 3.52 | 3.69 | 3.89 | 7.14 | |||||
| P/S TTM | 0.65 | 0.56 | 0.70 | 0.86 | 1.10 | 0.91 | 0.95 | 0.56 | 0.92 | 1.59 | 1.72 | 1.99 | |||||
| Market Cap | 115.77M | 101.42M | 125.66M | 153.30M | 195.85M | 168.21M | 180.95M | 111.36M | 183.57M | 314.14M | 333.25M | 359.18M | |||||
| Enterprise Value | 96.92M | 76.18M | 97.10M | 120.59M | 158.99M | 123.15M | 128.27M | 46.23M | 113.42M | 236.86M | 258.11M | 274.64M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -22.29M | -19.59M | -24.25M | -24.86M | -25.71M | -32.22M | -22.47M | -18.00M | -19.67M | -18.13M | -14.45M | -21.95M | |||||
| Net Debt | -18.85M | -25.25M | -28.57M | -32.71M | -36.85M | -45.05M | -52.67M | -65.13M | -70.15M | -77.28M | -75.14M | -84.55M | |||||
Per-Share and Margin | |||||||||||||||||
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| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| PEG Ratio | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
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| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Nerdy Inc. (NRDY) — SEC Financial Statements & Analysis
Nerdy Inc. (NRDY) is a services-educational services company, incorporated in DE. Nerdy Inc. trades on NYSE as: NRDY. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), Nerdy Inc. reported a -0.16% year-over-year revenue growth, a Gross Profit Margin of 60.97% (TTM), a Debt-to-Equity ratio of 2.24x, a Price-to-Sales (P/S) ratio of 0.65x (TTM), a Price-to-Book (P/B) ratio of 6.70x (TTM), at a market cap of $115.77M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -0.16%
- Gross Profit Margin TTM
- 60.97%
- Debt To Equity
- 2.24x
- P/S TTM
- 0.65x
- P/B TTM
- 6.70x
- Market Cap
- $115.77M
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Nerdy Inc. in?
Nerdy Inc. (NRDY) operates in the Services-Educational Services industry.
What is NRDY's market cap?
Nerdy Inc. (NRDY) has a market capitalization of $115.77M as of 2026-06-30.
What exchange does NRDY trade on?
Nerdy Inc. (NRDY) trades on the NYSE.
Where is Nerdy Inc. incorporated?
Nerdy Inc. is incorporated in DE.