Nerdy Inc

NRDY · NYSE · Technology / Software - Application

5.63USD-0.25 (-4.25%)

Price History

Full chart

Market Stats

Previous Close5.88

Open5.89

Day Range5.48 – 5.89

52-Week Range8.43 – 22.35

Volume21.64K

Market Cap626.24M

P/E (TTM)0.00

Forward P/E0.00

EPS-3.75

Dividend Yield0.00%

Beta1.71

50-Day Avg10.68

200-Day Avg13.35

About

Nerdy Inc. operates platform for live online learning in the United States. The company's platform uses artificial intelligence to connect students, users, parents, guardians, and purchasers of various ages to tutors, instructors, subject matter experts, educators, and other professionals. Its learning destination provides learning experiences across various subjects and multiple formats, including one-on-one instruction, small group tutoring, large format classes, tutor chat, essay review, adaptive assessment, and self-study tools. The company operates Varsity Tutors and Varsity Tutors for Schools platform for live online tutoring and classes. It provides solutions directly to learners, as well as through education systems. Nerdy Inc. was founded in 2007 and is headquartered in Saint Louis, Missouri.

Company Details

SectorTechnology
IndustrySoftware - Application
CEOMr. Charles Cohn
Employees500
Headquarters8001 Forsyth Boulevard, Saint Louis, MO, United States, 63105, USA
Websitehttps://www.nerdy.com

Leadership

Mr. Charles CohnFounder, Chairman, President & CEO · b. 1987
Mr. Christopher C. SwensonChief Legal Officer & Corporate Secretary · b. 1972
Mr. Atul BaggaChief Financial Officer · b. 1971
Mr. Kyle CallawayChief Accounting Officer · b. 1984
Ms. Rian SchilligoChief People Officer
Mr. Jason BotelHead of Government Relations
T. J. LynnAssociate General Counsel

Financials

Income Statement

Currency: USD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	72.04M	90.45M	103.97M	140.66M	162.66M	193.40M	190.23M	178.99M
Growth (%)	-	+25.56%	+14.94%	+35.30%	+15.64%	+18.89%	-1.64%	-5.91%
Cost of Revenue	26.50M	30.83M	34.83M	46.70M	49.73M	56.95M	61.84M	76.41M
Gross Profit	45.54M	59.62M	69.13M	93.96M	112.93M	136.45M	128.39M	102.58M
Gross Margin	63.21%	65.92%	66.50%	66.80%	69.43%	70.55%	67.49%	57.31%
Operating Expense	71.09M	80.16M	87.07M	190.42M	203.74M	194.02M	198.50M	137.17M
Operating Income	-25.55M	-20.54M	-17.93M	-96.45M	-90.81M	-57.57M	-70.11M	-34.59M
Operating Margin	-35.47%	-22.70%	-17.25%	-68.57%	-55.83%	-29.77%	-36.85%	-19.32%
EBITDA	-22.68M	-15.33M	-11.89M	-87.06M	-57.37M	-60.79M	-59.46M	-53.16M
EBITDA Margin	-31.49%	-16.95%	-11.44%	-61.89%	-35.27%	-31.43%	-31.26%	-29.70%
Net Income	-25.38M	-22.44M	-24.66M	-27.32M	-35.40M	-40.17M	-42.59M	-39.92M
Net Income Margin	-35.23%	-24.81%	-23.72%	-19.43%	-21.76%	-20.77%	-22.39%	-22.30%
R&D	-	-	-	-	-	-	-	41.34M
R&D as % of Total Revenue	-	-	-	-	-	-	-	23.10%
Interest Expense	157.00K	2.10M	4.90M	3.79M	483.00K	3.38M	-	-
Interest Expense % of Total Revenue	0.22%	2.32%	4.72%	2.70%	0.30%	1.75%	-	-

Balance Sheet

Currency: USD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	-	58.79M	57.27M	177.15M	132.69M	124.74M	92.51M	76.17M
Total Liabilities	-	215.18M	455.74M	81.34M	51.64M	39.14M	31.39M	47.23M
Total Equity	-	-156.39M	-398.46M	50.66M	46.93M	52.48M	39.48M	19.01M
Cash	-	25.04M	29.27M	143.96M	90.72M	74.82M	52.54M	47.90M
Total Debt	-	34.63M	47.58M	841.00K	1.53M	1.32M	928.00K	19.33M
Net Debt	-	9.59M	18.31M	-143.12M	-89.19M	-73.51M	-51.61M	-28.57M

Cash Flow

Currency: USD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-14.67M	-16.32M	-6.65M	-38.89M	-48.00M	-7.56M	-15.60M	-18.85M
Investing Cash Flow	-15.84M	-6.36M	-2.87M	-5.16M	-5.32M	-6.89M	-6.86M	-5.37M
Financing Cash Flow	11.03M	24.39M	12.29M	159.25M	-1.00M	-1.94M	0	19.50M
Capital Expenditure	5.84M	6.36M	2.87M	5.16M	5.32M	6.89M	6.86M	5.37M
Free Cash Flow	-20.51M	-22.67M	-9.53M	-44.05M	-53.32M	-14.45M	-22.47M	-24.22M
FCF to OCF	139.83%	138.95%	143.19%	113.28%	111.08%	191.10%	143.99%	128.49%

Earnings

Report Date	Sep 4, 2020	Nov 4, 2020	Feb 16, 2021	May 14, 2021	Aug 11, 2021	Nov 15, 2021	Feb 28, 2022	May 16, 2022	Aug 15, 2022	Nov 14, 2022	Feb 28, 2023	May 9, 2023	Aug 8, 2023	Nov 7, 2023	Feb 27, 2024	May 7, 2024	Aug 8, 2024	Nov 7, 2024	Feb 27, 2025	May 8, 2025	Aug 7, 2025	Nov 6, 2025	Feb 26, 2026	May 7, 2026	Aug 6, 2026	Nov 5, 2026
EPS Estimate	0.00	0.00	-	-	-0.01	-0.06	-0.11	-0.11	-0.15	-0.17	-0.16	-0.06	-0.05	-0.11	-0.12	-0.02	-0.03	-0.17	-0.09	-0.06	-0.10	-0.11	-0.06	-0.01	-0.04	-1.50
EPS Actual	0.00	0.00	-0.01	-0.65	-0.01	-0.18	-0.09	-0.10	-0.13	-0.18	-0.04	0.01	-0.03	-0.09	-0.05	-0.01	-0.03	-0.13	-0.09	-0.07	-0.07	-0.10	-0.08	-0.03	-0.04	-
Surprise	-	-	-	-	0.00%	-200.00%	18.18%	9.09%	13.33%	-5.88%	75.00%	116.67%	40.00%	18.18%	58.33%	50.00%	0.00%	23.53%	0.00%	-16.67%	30.00%	9.09%	-33.33%	-200.00%	0.00%	-
Timing	-	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap626.24M

Enterprise Value54.08M

Trailing P/E0.00

Forward P/E0.00

Price / Sales3.52

Price / Book4.22

EPS-3.75

Book Value2.04

Revenue (TTM)178.10M

Gross Profit (TTM)116.34M

EBITDA-35.46M

Profit Margin-16.99%

Operating Margin-12.94%

Return on Equity-122.60%

Return on Assets-33.11%

Shares Outstanding8.50M

Shares Float4.38M

Beta1.71

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Analyst Ratings

Hold

Based on 8 analystsTarget 24.38

Buy
1
Hold
6
Sell
1

Ownership Breakdown

Institutions: 12.45%
Insiders: 51.91%
Retail / Other: 35.64%

Top Institutional Holders

BlackRock Inc
4.28M3.36%
Technology Crossover Management VIII, Ltd.
3.95M3.10%
Vanguard Capital Management, LLC
2.54M1.99%
Franklin Templeton Inc
2.31M1.81%
Geode Capital Management, LLC
1.67M1.31%
State Street Corp
1.34M1.05%
GSA Capital Partners LLP
811.09K0.64%
Northern Trust Corp
502.42K0.39%
Millennium Management LLC
499.16K0.39%
AQR Capital Management LLC
445.92K0.35%
Vanguard Fiduciary Trust Co
444.13K0.35%
The Goldman Sachs Group Inc
369.14K0.29%
Vanguard Portfolio Management, LLC
354.90K0.28%
Moneta Group Investment Advisors Inc
312.88K0.25%
Jane Street Group LLC
252.57K0.20%
XTX Topco Ltd
214.51K0.17%
UBS Group AG
190.89K0.15%

Top Fund Holders

Vanguard MStar Total Stk Mkt Idx Invest
115.25K1.36%
Fidelity Extended Market Index
240.76K0.19%
Goldman Sachs Absolute Ret Trckr Instl
198.44K0.16%

Stock Splits

Aug 19, 20261:15