Nerdy, Inc.

NYSE•NRDY

CEO: Mr. Charles Cohn

Sector: Technology

Industry: Software - Application

Listing Date: 2020-11-27

Nerdy, Inc. operates platform for live online learning. The company's purpose-built proprietary platform leverages technology, including artificial intelligence to connect students, users, parents, guardians, and purchasers of various ages to tutors, instructors, subject matter experts, educators, and other professionals, 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 tutoring, large format classes, tutor chat, essay review, adaptive assessment, and self-study tools. 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 education systems. The company was founded in 2007 and is headquartered in Saint Louis, Missouri.

Contact Information

8001 Forsyth Boulevard, Suite 1050, Saint Louis, MO, 63105, United States

314-412-1227

www.nerdy.com

Market Cap

$121.60M

P/E (TTM)

-3.0

28.9

Dividend Yield

52W High

$1.90

52W Low

$0.75

52W Range

20%

Rank54Top 78.1%

2.7

F-Score

Modified Piotroski Analysis

Based on 7-year fundamentals

Weak • 2.7 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2019-2025

Financial Dashboard

Q4 2025 Data

Revenue

$49.11M+0.00%

4-Quarter Trend

EPS

-$0.08+0.00%

4-Quarter Trend

FCF

-$4.25M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Revenue Decline Narrowed Total revenue $179.0M USD, down 6% from 2024; Consumer revenue up 2% driven by higher ARPM $364 USD.

AI Platform Modernization Complete Platform rebuilt on AI-native codebases (Live Learning Platform 2.0); improved tutor vetting and site conversion metrics.

Net Loss Reduction Achieved Net Loss $60.9M USD in 2025, improving from $67.1M loss in 2024; operating loss also narrowed significantly.

Consumer ARPM Growth Strong Average Revenue per Member per Month reached $364 USD, marking 21% increase compared to prior year period.

Risk Factors

Unpredictable Operating Results Evolving offerings make future financial and operating results difficult to predict; investment recovery remains unproven.

Historical Negative Cash Flows Incurred significant net losses and negative operating cash flows since formation; profitability achievement remains challenging.

Regulatory Classification Uncertainty Risk from potential mandated reclassification of Experts from independent contractors to employees, impacting unit economics.

Active Member Base Shrinking Active Members count 33.2K, down 11% from prior year due to operational challenges and incentive structure changes.

Outlook

Continued AI Investment Focus Investing heavily in AI capabilities to deepen personalization, enhance platform efficiency, and drive future growth potential.

Scaling Institutional Offerings Strategy focuses on scaling Varsity Tutors for Schools; managing risks associated with government contracting cycles and renewals.

Enhance Consumer Membership Value Focus on unifying user experience and enhancing Learning Memberships for stronger long-term retention and lifetime value.

Manage Growth and Liquidity Must effectively manage growth strain; secured new $50.0M USD Term Loan for working capital and expansion needs.

Peer Comparison

Revenue (TTM)

DSP

$344.20M

+19.0%

MYPS

$235.10M

-18.8%

NRDY

$178.99M

-5.9%

Gross Margin (Latest Quarter)

DSP

166.2%

+2.4pp

MAPS

63.8%

-0.3pp

AISP

51.2%

-23.8pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
DSP	$736.09M	22.8	19.7%	4.6%
TROO	$254.06M	-20.8	-17.6%	0.0%
ASYS	$229.06M	-7.4	-59.0%	20.3%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

1.1%

Moderate Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

Cash Flow Needs Attention

Deep Research

Next earnings:May 6, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data