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
GG
Gregory Gibas
Northland Securities
2 questions for NRDY
Also covers: ACEL, AMRK, ASUR +7 more
Ryan MacDonald
Needham & Company
2 questions for NRDY
Also covers: ACCD, AMWL, BNED +21 more
Andrew Boone
JMP Securities
1 question for NRDY
Also covers: ACVA, CARG, CART +26 more
BD
Brianna Diaz
Citizens
1 question for NRDY
Also covers: GRND, PUBM
BS
Bryan Smilek
JPMorgan Chase & Co.
1 question for NRDY
Also covers: CHGG, COUR, CRTO +4 more
GG
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
RS
Ross Sandler
Barclays
1 question for NRDY
Also covers: AMZN, CART, DASH +14 more
Recent press releases and 8-K filings for NRDY.
Nerdy Reports Strong Q4 2025 Results and Provides 2026 Guidance
NRDY
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Nerdy Inc. reported Q4 2025 revenue of $49.1 million, an increase of 2% year-over-year, surpassing the top end of guidance. This quarter marked the first time since Q1 2024 that both consumer and institutional businesses grew simultaneously.
- The company achieved positive non-GAAP adjusted EBITDA of $1.3 million in Q4 2025, exceeding guidance and showing a $6.8 million improvement from Q4 2024. The non-GAAP adjusted EBITDA margin expanded by over 1,400 basis points year-over-year.
- Nerdy completed the rollout of its new AI-native code base and learner/expert experiences in Q4 2025, which contributed to a non-GAAP adjusted gross margin of 66.8% and a 21% year-over-year increase in Average Revenue Per Member (ARPM) to $364 as of December 31st.
- For full-year 2026, Nerdy expects revenue to be in the range of $180 million to $190 million and approximately breakeven non-GAAP adjusted EBITDA, representing an anticipated improvement of over 1,000 basis points in EBITDA margin compared to 2025.
1 day ago
Nerdy Reports Q4 2025 Results and Provides 2026 Guidance
NRDY
Earnings
Guidance Update
New Projects/Investments
- Nerdy reported Q4 2025 revenue of $49.1 million, a 2% increase year-over-year, exceeding its guidance range of $45 million-$47 million. The company also achieved positive non-GAAP adjusted EBITDA of $1.3 million, surpassing its guidance of -$2 million to break even and improving by $6.8 million from Q4 2024.
- The company completed the rollout of its new AI-native learner and expert user experiences in Q4 2025, which contributed to a non-GAAP adjusted gross margin of 66.8% (excluding a one-time abandonment charge).
- Active members ended the year at 33.2 thousand, with Average Revenue Per Member (ARPM) increasing 21% year-over-year to $364 as of December 31st, driven by a strategic shift to higher frequency learning memberships and price increases.
- For Q1 2026, Nerdy expects revenue in the range of $46 million-$48 million and approximately breakeven non-GAAP adjusted EBITDA.
- For Full Year 2026, the company forecasts revenue between $180 million and $190 million and approximately breakeven non-GAAP adjusted EBITDA, which represents an improvement of over 1,000 basis points compared to 2025.
1 day ago
Nerdy Reports Q4 2025 Revenue and Positive Adjusted EBITDA
NRDY
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Nerdy reported Q4 2025 revenue of $49.1 million, an increase of 2% year-over-year, surpassing its guidance range of $45 million-$47 million. The company also achieved positive non-GAAP adjusted EBITDA of $1.3 million, beating its guidance of -$2 million to break even and improving by $6.8 million from Q4 2024.
- The company completed the rollout of its new AI-native platform and learner and expert user experiences, contributing to a non-GAAP adjusted gross margin of 66.8% and a 21% year-over-year increase in Average Revenue Per Member (ARPM) to $364 as of December 31, 2025.
- For 2026, Nerdy expects full-year revenue in the range of $180 million-$190 million and anticipates non-GAAP adjusted EBITDA to be approximately breakeven, which would represent an improvement of over 1,000 basis points compared to 2025.
- As of December 31, 2025, Nerdy's principal sources of liquidity included cash and cash equivalents of $47.9 million.
1 day ago
Nerdy Announces Q4 2025 Financial Results and 2026 Outlook
NRDY
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Nerdy reported Q4 2025 revenue of $49.1 million, a 2% year-over-year increase, exceeding its guidance range of $45 million to $47 million and marking its first positive year-over-year revenue growth since Q2 2024.
- The company achieved positive non-GAAP Adjusted EBITDA of $1.3 million in Q4 2025, surpassing its guidance of negative $2.0 million to breakeven and improving significantly from a $5.5 million loss in Q4 2024.
- Nerdy completed the replatforming and launch of its AI-native Live+AI™ platform during Q4 2025, which is expected to drive retention improvements and accelerate growth.
- For Q1 2026, Nerdy expects revenue between $46 million and $48 million and approximately breakeven non-GAAP Adjusted EBITDA.
- For full-year 2026, revenue is projected to be $180 million to $190 million, with non-GAAP Adjusted EBITDA also expected to be approximately breakeven.
1 day ago
Nerdy Announces Strong Q4 2025 Financial Results and 2026 Guidance
NRDY
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Nerdy returned to year-over-year revenue growth in the fourth quarter of 2025, reporting $49.1 million in revenue, which was above its guidance range of $45 to $47 million. This represented a 2% increase year-over-year from $48.0 million in Q4 2024.
- The company delivered positive non-GAAP adjusted EBITDA of $1.3 million for Q4 2025, surpassing its guidance of negative $2.0 million to breakeven, and significantly improving from a loss of $5.5 million in the prior year period.
- Learning Membership revenue increased 6% year-over-year to $41.6 million in Q4 2025, representing 85% of total company revenue, with 33.2 thousand Active Members and $364 Average Revenue Per Member (ARPM) as of December 31, 2025.
- Nerdy completed the replatforming and launch of its Live+AI™ platform during the fourth quarter of 2025.
- For the first quarter of 2026, Nerdy expects revenue in the range of $46-$48 million and anticipates non-GAAP adjusted EBITDA to be approximately breakeven.
1 day ago
Nerdy Outlines Growth Acceleration and Path to Profitability
NRDY
Revenue Acceleration/Inflection
Debt Issuance
New Projects/Investments
- Nerdy anticipates accelerated revenue growth sequentially into Q4 2025 and further into 2026 across both its consumer and institutional businesses, driven by product-led growth and marketing diversification.
- The company expects continued gross margin expansion into 2026 and beyond, building on sequential improvements in 2025 (e.g., 350 basis points from Q1 to Q2, 140 basis points from Q2 to Q3).
- Nerdy is on track for near-term Adjusted EBITDA profitability, with margin improvements from Q3 2025 (960 basis points year-over-year) projected to continue into Q4 2025 and 2026, primarily due to AI-enabled operational efficiencies and headcount reduction.
- To enhance financial flexibility and support offensive growth strategies, Nerdy secured a four-year, interest-only term loan in Q4 2025.
- Founder and CEO Chuck Cohn has demonstrated strong confidence in the company, having made over $80 million in open market stock purchases over the last few years, including $4.5 million in the most recent quarter.
Jan 16, 2026, 1:45 PM
Nerdy Discusses Accelerated Growth, AI Investments, and Path to Profitability at Needham Conference
NRDY
Revenue Acceleration/Inflection
New Projects/Investments
Guidance Update
- Nerdy expects revenue growth to accelerate sequentially through Q4 2025 and into 2026 across both its consumer and institutional businesses. The company anticipates near-term profitability on an Adjusted EBITDA basis, driven by a 960 basis point improvement in Adjusted EBITDA margin year-over-year in Q3 2025 and a 27% reduction in headcount by Q3 2025.
- The company has made significant investments in AI, with all traffic expected to be on AI-native services by the end of 2025, enabling faster product development, enhanced customization, and improved operational efficiency.
- Nerdy secured a four-year, interest-only term loan in Q4 2025 to enhance financial flexibility and support opportunistic growth, such as M&A. Founder and CEO Chuck Cohn has demonstrated confidence in the company's future by making over $80 million in open market stock purchases over the last few years, including $4.5 million in the last quarter.
Jan 16, 2026, 1:45 PM
Nerdy Discusses Accelerated Growth, AI Integration, and Profitability Outlook
NRDY
Revenue Acceleration/Inflection
New Projects/Investments
Guidance Update
- Nerdy anticipates accelerated revenue growth in Q4 2025 and further into 2026 across both its consumer and institutional segments, driven by product enhancements and marketing diversification.
- The company has transitioned its platform to be fully AI-native by the end of 2025, which is expected to significantly increase the velocity of product development, customize learning journeys, and enhance both student and tutor experiences.
- Nerdy projects continued expansion of gross margins and Adjusted EBITDA profitability into 2026, building on sequential improvements in 2025, due to strategic tutor investments, a new tech stack, and AI-driven operational efficiencies.
- To enhance financial flexibility and support offensive growth strategies, Nerdy secured a four-year, interest-only term loan in Q4 2025. CEO Chuck Cohn has also demonstrated strong confidence by purchasing over $80 million in open market shares over the last few years, including $4.5 million in the most recent quarter.
Jan 16, 2026, 1:45 PM
Nerdy CEO Chuck Cohn Purchases Additional Shares
NRDY
Share Buyback
Executive Compensation
- Nerdy's CEO, Chuck Cohn, purchased an additional 3.5 million shares of Nerdy common stock for $4.4 million during the fourth quarter of 2025.
- These open market purchases occurred between November 19, 2025, and December 16, 2025, at an average price of $1.24 per share.
- As of December 31, 2025, Mr. Cohn's total ownership in Nerdy common stock stands at 91.4 million shares.
- Since the company went public in September 2021, Mr. Cohn has invested a total of $81.0 million to acquire approximately 51.4 million shares of Nerdy common stock.
Jan 5, 2026, 2:00 PM
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
Quarterly earnings call transcripts for Nerdy.
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