Nerdy Inc.
Nerdy Inc. (NYSE: NRDY) operates a next-generation live tutoring and intervention platform that connects learners of all ages with qualified tutors and subject matter experts through its proprietary technology infrastructure. The company's flagship business, Varsity Tutors LLC, is one of the nation's largest platforms… From the company’s description.
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 a next-generation live tutoring and intervention platform that connects learners of all ages with qualified tutors and subject matter experts through its proprietary technology infrastructure. The company's flagship business, Varsity Tutors LLC, is one of the nation's largest platforms for live online tutoring and classes, available at www.nerdy.com.
The company operates a two-sided marketplace connecting learners across the entire education lifecycle—from pre-kindergarten through professional development—with experts including teachers, professors, graduate students, and working professionals. Learners access thousands of subjects through multiple formats including one-on-one instruction, small group tutoring, large format classes, chat-based support, essay review, adaptive assessments, and self-study tools. The platform serves two primary customer segments: direct-to-consumer learners through Learning Memberships and institutional customers including school districts through Varsity Tutors for Schools.
Nerdy's technology platform leverages artificial intelligence and machine learning to personalize the learning experience, match learners with appropriate experts, and generate educational content. The company has recently rebuilt significant portions of its infrastructure using AI-assisted software development, with nearly all traffic running on new codebases. The Live Learning Platform 2.0 features collaborative workspaces with two-way video, subject-specific tools, and integrated content resources.
The company operates as a remote-first organization with approximately five hundred full and part-time employees as of February 2026, supplemented by approximately two hundred globally-sourced independent contractors primarily supporting customer service, tutor operations, and engineering functions. The platform attracts experts through a multi-step vetting process combining technology, process automation, and AI-enabled candidate evaluation.
Nerdy's growth strategy focuses on expanding its subject catalog, deepening learner engagement across multiple formats and subjects, penetrating core audiences, and scaling institutional offerings to school districts. The company positions itself within secular trends including digitization of learning, consumerization of education, demand for high-dosage tutoring, and the shift toward lifelong and skills-based learning.
Company details
- Sector
- Industrials
- Industry
- Professional Services
- Headquarters
- ST. LOUIS, MO
- Fiscal year end
- December
- CIK
- 1819404
- SIC
- 8200
Financial performance, year by year
Fiscal 2020–2025 · USDThe 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.
Who owns Nerdy Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Nerdy Inc.’s weight in each
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.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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