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NRDY

Nerdy Inc.

Consumer DiscretionaryProfessional Services
Ticker NRDYST. LOUIS, MOFiscal year ends DecemberBook value per share $0.14Diluted shares 125.3M

Nerdy Inc. (NYSE: NRDY) operates an online learning platform connecting learners of all ages with tutors, instructors, educators, and other subject-matter experts. Its Varsity Tutors platform offers one-on-one tutoring, small-group and large-format classes, chat-based tutoring, essay review, adaptive assessments, and… From the company’s description.

Over the twelve months to Jun 30, 2026, Nerdy Inc. reported revenue of $178.10M, down 0.2% from a year earlier, and a net loss of $45.78M. Its operating margin was −25.4%, and operations used $11.88M in cash. In fiscal 2025, it reported revenue of $178.99M, down 5.9% from fiscal 2024, and a net loss of $60.95M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$178.99MFY2025
−5.9% year over year
Last 12 mo $178.10M
-34.56%FY2025
+2.3 percentage points
Last 12 mo -25.42%
$-60.95MFY2025
+9.2% year over year
Last 12 mo $-45.78M
-210.01%FY2025
−102.1 percentage points
Last 12 mo -175.13%
Cash & financing
$-18.85MFY2025
−20.8% year over year
Last 12 mo $-11.88M
$-24.22MFY2025
−7.8% year over year
Last 12 mo $-17.63M
1.02FY2025
Last 12 mo 1.13
120.8MFY2025
+8.2% year over year
Last 12 mo 125.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Nerdy Inc. does

In the company’s own words

Nerdy Inc. (NYSE: NRDY) operates an online learning platform connecting learners of all ages with tutors, instructors, educators, and other subject-matter experts. Its Varsity Tutors platform offers one-on-one tutoring, small-group and large-format classes, chat-based tutoring, essay review, adaptive assessments, and self-study tools across thousands of subjects, serving consumers directly and schools and other education systems. Consumer Learning Memberships combine access to multiple learning formats, while Varsity Tutors for Schools and its Live+AI platform provide institutional customers with tutoring and broader digital learning resources, including high-dosage tutoring, classes, and assessment tools. The company uses technology and AI for learner-expert matching, personalized learning, content, and tutor screening. Learners range from pre-kindergarten through college and professional education; experts include teachers, professors, professionals, and students. Nerdy reported approximately 500 full- and part-time employees as of February 12, 2026. Its main corporate website is www.nerdy.com.

Company details
Sector
Consumer Discretionary
Industry (SIC)
Professional Services
Headquarters
ST. LOUIS, MO
Fiscal year end
December
CIK
1819404
SIC
8200

Financial performance, year by year

Fiscal 2020–2025 · USD
$-93.78M$-15.46M$62.87M$141.19M$219.51M202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Nerdy Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

35
funds hold it
0 of 35
superinvestors hold it
$6.21M
held by funds, at market
5.4%
of shares held by funds

Largest fund holders · Nerdy Inc.’s weight in each

Franklin Small Cap Growth Fund
FSGRX · Franklin Strategic Series
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
—of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Nerdy Inc. and its peers compare on margins and cash generation over ten years?”
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