Nerdy

Nerdy, Inc. engages in the operation of a platform for live online learning with a mission to transform the way people learn through technology. The firm's purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network. Its learning destination provides learning experiences across multiple subjects and formats, including one-on-one instruction, small group classes, large format group classes, and adaptive self-study. Nerdy’s flagship business, Varsity Tutors, is a platform for live online tutoring and classes. Its solutions are available directly to learners, as well as through schools and other institutions. The company was founded by Chuck Cohn in October 2007 and is headquartered in St. Louis, MO.

Earnings data Q3 2022

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Earnings data Q1 2026

Earnings data Q2 2026

Nerdy surpasses Q2 targets with strong membership and institutional growth

Nerdy's Q2 performance exceeded expectations, driven by strong learning membership revenue and institutional business growth.
Operational efficiency improvements, AI integration, and strategic marketing investments position Nerdy for continued success.
While challenges exist in market dynamics and managing growth-related costs, the company's focus on memberships and AI offers growth potential.

Nerdy beats Q3 expectations with strong revenue growth and profitability

Nerdy's Q3 performance exceeded expectations, driven by strong revenue growth and improved profitability.
The company's focus on new subscription models and customer flexibility has shown promising results.
Challenges lie in maintaining operational efficiency and balancing benefits for active experts.
Opportunities for growth include market expansion, product innovation, and leveraging AI algorithms for better outcomes.

Nerdy (NRDY) posts robust Q4 results, eyes profitable growth

Nerdy's Q4 2023 performance reflects strong revenue growth, margin improvement, and positive adjusted EBITDA, setting the stage for profitable growth in 2024.
The company's strategic focus on scaling subscription products, leveraging AI, and implementing a freemium growth strategy highlights its strengths and growth potential.
While facing challenges in retention, customer transition, and cost management, Nerdy is well-positioned to capitalize on opportunities in converging businesses, marketplace awareness, and product expansion.

Nerdy Inc. reports robust Q1 earnings, eyes growth opportunities ahead

Nerdy's Q1 performance reflects strong revenue growth, profitability, and positive outlook for future quarters, driven by successful product scaling and expansion efforts.
While facing challenges in strategy implementation and market dynamics, the company's strengths in revenue generation and customer reach position it well for growth.
With a focus on optimizing operations, enhancing marketing strategies, and seizing market opportunities, Nerdy is poised to capitalize on its current momentum.

Nerdy reports Q3 revenue decline, eyes growth opportunities in 2025

Nerdy faced revenue challenges in Q3 2024 but showed strengths in student engagement and customer retention efforts.
The company's cost management improved with decreased general and administrative expenses, balancing increased sales and marketing costs.
Guidance for Q4 revenue and adjusted EBITDA indicates expectations for sequential improvement and growth into 2025.

Nerdy (NRDY) surpasses revenue expectations with AI-driven growth strategy

Nerdy's Q4 2024 performance showcased revenue growth, operational improvements, and a strategic focus on AI-driven products for enhanced customer value. While facing challenges in profitability and margin optimization, the company's strong liquidity position and commitment to AI-driven efficiency are key strengths. Opportunities lie in expanding AI capabilities for institutions, improving customer retention, and driving growth through personalized offerings in the ed-tech sector.

Nerdy surpasses Q1 revenue targets, eyes profitability through AI

Nerdy's Q1 performance exceeded revenue guidance, with a focus on Learning Memberships and AI capabilities for personalized learning experiences. While facing challenges with gross margins and EBITDA losses, the company is leveraging AI and cost reductions for future profitability. Opportunities lie in revenue growth, operational efficiency through AI, and a path to profitability through innovation and cost management. With a strong cash position and no debt, Nerdy is well-positioned for growth and aims to achieve positive EBITDA by Q4 2025.

Nerdy beats expectations, eyes profitability with AI-driven growth

Nerdy's Q2 2025 showed promising growth in Learning Membership revenue and a strategic focus on profitability by Q4 2025. Despite revenue decline, the company's emphasis on AI enhancements and Live+AI tools positions it for future success. Challenges lie in balancing revenue streams and sustaining growth amidst market dynamics, but opportunities for innovation and revenue diversification abound. Guidance for Q3 and full-year revenue signals a positive outlook, with sequential improvements and profitability targets in sight.

Nerdy reports Q3 challenges, AI innovations drive growth prospects

Nerdy faced challenges in Q3 but made strides in AI-driven innovations. Despite revenue decrease, learning membership revenue and margins improved. Securing a term loan and aiming for profitability show financial stability. Guidance for Q4 revenue and EBITDA loss suggests growth and cost control.

Nerdy exceeds Q4 revenue targets, eyes AI growth in 2026

Nerdy's Q4 2025 performance showcased revenue growth, positive EBITDA, and advancements in AI-native platform capabilities. To sustain growth, Nerdy must focus on achieving breakeven EBITDA, improving margins, and driving innovation. The U.S. tutoring market and AI integration offer substantial growth avenues for Nerdy.

Nerdy beats revenue targets and aims for member growth rebound

Nerdy's Q1 2026 performance exceeded expectations with revenue and EBITDA growth. While facing challenges in active member decline, the company is focused on strategic growth initiatives. Opportunities lie in upcoming product releases and customer retention efforts for sustained growth.

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Nerdy, Inc. engages in the business of operating a platform for live online learning. The firm is also involved in providing a purpose-built proprietary platform that leverages technology including artificial intelligence, to connect students, users, parents, guardians, and purchasers of all ages to tutors, instructors, subject matter experts, educators, and other professionals delivering superior value on both sides of the network. The company was founded by Charles K. Cohn in October 2007 and is headquartered in St. Louis, MO.