Earnings summaries and quarterly performance for Nerdy.
Executive leadership at Nerdy.
Board of directors at Nerdy.
Research analysts who have asked questions during Nerdy earnings calls.
Jason Tilchen
Canaccord Genuity Group Inc.
3 questions for NRDY
Also covers: ARBK, BOWL, DKNG +4 more
Yi Fu Lee
Cantor Fitzgerald
3 questions for NRDY
Also covers: COUR, CSGS, DCBO +4 more
Gregory Gibas
Northland Securities
2 questions for NRDY
Also covers: ACEL, AMRK, ASUR +7 more
Andrew Boone
JMP Securities
1 question for NRDY
Also covers: CARG, CART, CVNA +23 more
Brianna Diaz
Citizens
1 question for NRDY
Also covers: GRND, PUBM
Bryan Smilek
JPMorgan Chase & Co.
1 question for NRDY
Also covers: CHGG, COUR, CRTO +4 more
Greg Gibas
Northland Securities, Inc.
1 question for NRDY
Also covers: ACEL, AIOT, AMRK +8 more
Jessica Wang
Raymond James & Associates, Inc.
1 question for NRDY
Also covers: CHGG, MLNK, PCTY
Neeraj
JPMorgan Chase & Co.
1 question for NRDY
Ross Sandler
Barclays
1 question for NRDY
Also covers: AMZN, CART, DASH +13 more
Recent press releases and 8-K filings for NRDY.
Nerdy Reports Q3 2025 Results, Updates Guidance, and Details Operational Replatforming
NRDY
Earnings
Guidance Update
New Projects/Investments
- Nerdy reported Q3 2025 revenue of $37 million, a 1% decrease year-over-year, and a non-GAAP adjusted EBITDA loss of $10.2 million, an improvement of 960 basis points year-over-year.
- The company provided Q4 2025 revenue guidance of $45-$47 million and a non-GAAP adjusted EBITDA loss guidance of $2 million to break even. For the full year 2025, revenue is expected to be $175-$177 million with a non-GAAP adjusted EBITDA loss of $19-$21 million.
- Nerdy is undergoing a significant replatforming of its core infrastructure using AI-assisted software development, targeting nearly 100% of traffic on new code bases by the end of November 2025, following product launch delays that impacted the back-to-school season.
- A new Chief Operating Officer was appointed in August 2025, along with 13 new director and senior director-level operational leaders, contributing to a 27% year-over-year reduction in headcount.
- To enhance financial flexibility and support its path to profitability, the company secured a $50 million term loan on November 3, 2025, with $20 million already borrowed.
Nov 6, 2025, 10:00 PM
Nerdy Announces Q3 2025 Financial Results and Updates Guidance
NRDY
Earnings
Guidance Update
Debt Issuance
- Nerdy reported Q3 2025 revenue of $37.0 million, a 1% decrease year-over-year from $37.5 million in Q3 2024, and a non-GAAP adjusted EBITDA loss of $10.2 million, which beat its guidance range of negative $11.0 million to negative $13.0 million.
- The company provided Q4 2025 revenue guidance of $45 million to $47 million and full-year 2025 revenue guidance of $175 million to $177 million.
- For Q4 2025, non-GAAP adjusted EBITDA loss is expected to be in the range of $2 million to breakeven, and for full-year 2025, a loss of $19 million to $21 million.
- Nerdy enhanced its liquidity by entering into a term loan on November 3, 2025, with a $50 million borrowing capacity, and borrowed $20 million under it, expecting to end the year with $45-48 million in cash.
- The company launched the Live Learning Platform 2.0, an AI-native tutoring platform, and saw a 960 basis point improvement in non-GAAP Adjusted EBITDA Margin year-over-year due to improved operating efficiency and cost reductions, including a 27% reduction in headcount compared to September 30, 2024.
Nov 6, 2025, 9:08 PM
Nerdy Announces Third Quarter 2025 Financial Results and Outlook
NRDY
Earnings
Guidance Update
Debt Issuance
- Nerdy reported Q3 2025 revenue of $37.0 million, a 1% decrease year-over-year, which was in-line with its guidance range.
- The company beat its Non-GAAP Adjusted EBITDA Loss guidance for Q3 2025, reporting a loss of $10.2 million, an improvement from a $14.0 million loss in Q3 2024.
- Nerdy enhanced its liquidity by entering into a term loan with a $50 million borrowing capacity on November 3, 2025, and immediately borrowing $20 million.
- For Q4 2025, Nerdy projects revenue between $45 million and $47 million and a Non-GAAP Adjusted EBITDA loss in the range of $2 million to breakeven.
- The full-year 2025 revenue guidance is updated to $175 million to $177 million, with an expected Non-GAAP Adjusted EBITDA loss of $19 million to $21 million.
Nov 6, 2025, 9:05 PM
Nerdy's Varsity Tutors Introduces Live+AI™ Tools
NRDY
Product Launch
New Projects/Investments
- Varsity Tutors, a Nerdy Inc. company, has introduced new Live+AI™ tools that combine human tutoring with context-aware AI to support student learning.
- The platform is designed to reduce teacher workload by 7–10+ hours weekly through AI-powered tools, provide administrators with predictive analytics, and offer students AI-assisted practice and 24/7 academic support.
- Early district adopters are experiencing positive outcomes, with the platform helping schools double proficiency growth while reducing teacher workload.
- Varsity Tutors' solution is currently utilized by more than 1,000 school districts nationwide.
Oct 1, 2025, 11:00 AM
Nerdy Inc Reports Q1 2025 Results with AI-Driven Innovation and Strategic Initiatives
NRDY
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- Nerdy Inc delivered $47.6 million in Q1 2025 revenue, exceeding guidance despite an 11% YoY decline.
- Active Learning Memberships reached 40.5K with ARPM at $335, reflecting a 14% YoY improvement driven by innovations such as the Live + AI platform and AI session summaries.
- The company is improving gross margins through strategic tutor incentives and headcount reductions, targeting adjusted EBITDA and operating cash flow positivity by Q4 2025.
May 8, 2025, 9:01 PM
Quarterly earnings call transcripts for Nerdy.
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