Latest revenue
$48.7M
as of 2026-03-31
Latest net income
$-4.1M
as of 2026-03-31
Net margin
-8.4%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- —
- Enterprise value
- —
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $1.90
- 52-wk low
- $0.75
- Beta
- —
- Shares out
- —
5-year trend
What this company does
ITEM 1. BUSINESS. Unless otherwise stated or the context otherwise indicates, all references in this Form 10-K to “Nerdy,” “the Company,” “us,” “our,” or “we” mean Nerdy Inc. and its consolidated subsidiaries. Business Overview We operate a next-generation live tutoring and intervention platform that leverages the power of human expertise with advanced artificial intelligence (“AI”) to personalize learning, accelerate student achievement, and empower educators. Our mission is to transform the way people learn through technology. Our purpose-built proprietary platform leverages technology, including AI, to connect students, users, parents, guardians, and purchasers (“Learner(s)”) of all ages…
AI summary unavailable — showing raw filing excerpt
Generated from NRDY's filing dated 2026-02-26
Key risks
ITEM 1A. RISK FACTORS. In addition to the factors discussed elsewhere in this report, the following risks and uncertainties, some of which have occurred and any of which may occur in the future, could have a material adverse effect on our business, financial condition, results of operations, and cash flows. Additional risks and uncertainties not presently known to us or that we currently deem immaterial may also impair our business, financial condition, results of operations, and cash flows. Our actual results may differ materially from any future results expressed or implied by such forward-looking statements as a result of various factors, including, but not limited to, those discussed in…
AI summary unavailable — showing raw filing excerpt
Generated from NRDY's filing dated 2026-02-26
Profitability
Gross margin
58.0%
14.1%Operating margin
-34.6%
6.2%Net margin
-22.3%
0.4%Return on equity
-210.0%
94.7%Return on assets
-52.4%
13.9%Leverage
Debt / equity
3.01×
123.9%Long-term debt / equity
1.02×
Debt / assets
75.0%
30.9%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $48.7M | +2.4% | $-4.1M | +61.2% | -8.4% |
Q4 2025 2025-12-31 | $49.1M | +2.3% | $-9.2M | +8.9% | -18.8% |
Q3 2025 2025-09-30 | $37.0M | -1.4% | $-12.3M | +22.7% | -33.2% |
Q2 2025 2025-06-30 | $45.3M | -11.2% | $-7.9M | +13.2% | -17.4% |
Q1 2025 2025-03-31 | $47.6M | -11.4% | $-10.5M | -41.0% | -22.1% |
Q4 2024 2024-12-31 | $48.0M | — | $-10.1M | — | -21.1% |
Q3 2024 2024-09-30 | $37.5M | -6.9% | $-15.9M | -29.4% | -42.4% |
Q2 2024 2024-06-30 | $51.0M | +4.4% | $-9.1M | -175.7% | -17.8% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Services-Educational Services · SIC 8200
Your notes
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Insider activity
Insider buying
$4.4M
Insider selling
$895.0K
Net activity
+$3.5M
Distinct insiders
6
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns NRDY
Institutional value
$12.8M
Total shares held
16.4M
Distinct holders
51
-41 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 4.3M | $3.5M | -85.2K (-2.0%) | Trimmed |
| 2 | Technology Crossover Management VIII, Ltd. | 3.9M | $3.2M | +0 (+0.0%) | No change |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 2.5M | $2.1M | — | New |
| 4 | FRANKLIN RESOURCES INC | 2.3M | $1.9M | -242.0K (-9.5%) | Trimmed |
| 5 | VANGUARD FIDUCIARY TRUST CO | 444.1K | $362.4K | — | New |
| 6 | VANGUARD PORTFOLIO MANAGEMENT LLC | 354.9K | $289.6K | — | New |
| 7 | MONETA GROUP INVESTMENT ADVISORS LLC | 312.9K | $255.4K | +150.0K (+92.1%) | Added |
| 8 | JANE STREET GROUP, LLC | 252.6K | $206.1K | -136.5K (-35.1%) | Trimmed |
| 9 | UBS Group AG | 190.9K | $155.8K | +124.7K (+188.3%) | Added |
| 10 | Bank of New York Mellon Corp | 182.6K | $149.0K | -2.9K (-1.5%) | Trimmed |
| 11 | Nuveen, LLC | 182.3K | $148.8K | +1.7K (+0.9%) | Added |
| 12 | DEUTSCHE BANK AG\ | 161.7K | $132.6K | +70.6K (+77.5%) | Added |
| 13 | THOMPSON DAVIS & CO., INC. | 81.0K | $66.1K | -16.0K (-16.5%) | Trimmed |
| 14 | Crewe Advisors LLC | 50.0K | $40.8K | +35.0K (+233.3%) | Added |
| 15 | RHUMBLINE ADVISERS | 41.9K | $34.1K | +602 (+1.5%) | Added |
| 16 | STRS OHIO | 39.2K | $32.0K | +0 (+0.0%) | No change |
| 17 | NINE MASTS CAPITAL Ltd | 27.9K | $22.8K | — | New |
| 18 | JPMORGAN CHASE & CO | 26.5K | $21.4K | +495 (+1.9%) | Added |
| 19 | CITIGROUP INC | 24.8K | $20.2K | +23.4K (+1742.1%) | Added |
| 20 | KESTRA PRIVATE WEALTH SERVICES, LLC | 23.6K | $19.3K | +0 (+0.0%) | No change |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once NRDY's latest filing finishes processing.