NRDY · NYSE · Software - Application

Nerdy

Delivers AI-enhanced live tutoring and classes to consumers and education systems.

$10.32
After-hours close+0.06 (+0.58%)
At close$10.26(−0.87%)
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Profile

Nerdy, Inc.NRDYInformation Technology

Learning Memberships serve consumers, while institutional solutions reach schools and education systems through the Varsity Tutors platform. The model combines human expertise and AI-enabled tools across live online learning experiences.

Learning Memberships provide consumers with live online instruction across one-on-one tutoring, small-group tutoring, large-format classes, chat, essay review, adaptive assessments, and self-study tools. Varsity Tutors is the flagship platform for these formats across a range of subjects.

Institutional delivery extends this offering to schools and other education systems through Varsity Tutors for Schools. The public parent combines its consumer and institutional businesses following a 2021 business combination.

Product development layers AI into the live-learning model through lesson-plan creation, chat tutoring, and Live + AI tools for teachers, administrators, and students. The product stance pairs human expertise with AI rather than replacing human instruction.

Company facts

CEOCharles Cohn
ListedSep 21, 2021
ExchangeNYSE
HeadquartersSt. Louis, MO
CountryUnited States
Employees500
CIK0001819404
ISINUS64081V2088

Key statistics

Market cap$84.1M
EPS (ttm)−$3.72
P/E (ttm)−2.78
ROE-151.6%
P/B5.03
P/S0.4724
Dividend yield
Beta1.24vs XLK −0.45

Year to date −32.9% · Average volume (30d) 31.3K

Analysts

Price target, next 12 months$1.75−83.0%Median of 10 analysts · vs the Aug 28 close
ConsensusHold2 of 10 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingTarget
Nov 7, 2025Cantor FitzgeraldReiterateNeutral$1
Nov 11, 2024JP MorganDowngradeNeutralUnderweight
Nov 8, 2024JMP SecuritiesDowngradeMarket OutperformMarket Perform
Nov 8, 2024Cantor FitzgeraldDowngradeOverweightNeutral

Earnings

EPS

Estimate−$1.50
ReportedDue Nov 5, 2026

Revenue

Estimate$33.5M
ReportedDue Nov 5, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 6, 2026Q2 FY26−$0.05−$0.04+20.0%$43.0M$43.3M+0.7%−10.28%
May 7, 2026Q1 FY26−$0.05−$0.03+40.0%$47.3M$48.7M+3.0%−1.97%
Feb 26, 2026Q4 FY25−$0.06−$0.08−33.3%$45.8M$49.1M+7.2%+3.95%
Nov 6, 2025Q3 FY25−$0.16−$0.10+37.5%$45.8M$37.0M−19.1%−7.98%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$47.6M$45.3M$37.0M$49.1M$48.7M$43.2M
Gross profit$27.6M$27.8M$23.3M$25.0M$32.0M$28.0M
Operating income−$16.6M−$12.3M−$19.1M−$13.9M$1.8M−$6.5M
Net income−$10.5M−$7.9M−$12.3M−$9.2M−$4.1M−$4.7M
Diluted EPS−$1.33−$0.99−$1.50−$1.13−$0.49−$0.60
Gross margin58.0%61.5%62.9%51.0%65.6%64.7%
Operating margin-34.8%-27.1%-51.5%-28.3%3.7%-15.0%

Fiscal years (4-quarter sums)FY21 $140.7M · FY22 $162.7M · FY23 $193.4M · FY24 $190.2M · FY25 $179.0M

Balance sheet, Jun 30, 2026Cash & short-term investments $38.4M · Total debt $19.6M · Total assets $64.6M · Shareholders' equity $17.3M

Dividends

No dividends on record.

Ownership

Institutions 18.02%1.47M sharesInsiders 8.64%704.6K sharesOther 73.34%5.98M shares

Shares outstanding 8.15M · Float 2.63M · 32.2% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Technology Crossover Management VIII, Ltd.1.37M14.20%13DAug 21, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jul 16, 2026Christopher C. Swensonofficer: Chief Legal Officer−22,707$0.8300
Jul 16, 2026Kyle Callawayofficer: Chief Accounting Officer−13,377$0.8300
Jul 16, 2026John Andrew Paszterkoofficer: Chief Operating Officer−31,034$0.8300
Jul 16, 2026Atul Madan Mohan Baggaofficer: Chief Financial Officer−36,426$0.8300
Jun 16, 2026Christopher C. Swensonofficer: Chief Legal Officer−20,153$0.8800
View details

Peers

  • Chegg

    AI-driven student support and academic-skills learning

  • Stride

    Virtual K-12 schools and technology-enabled instructional services

  • Pearson (ADR)

    US virtual schools, district partnerships, courseware, and AI study tools

  • Coursera

    Global online learning for consumers and enterprise customers

  • Duolingo

    AI-enabled language lessons and simulated speaking practice

CompareAfter-hours close

CompanyPriceChange
Nerdy$10.32+0.58%$84.1M0.5−4.3%
Chegg$0.8500+0.83%$94.5M0.4−50.7%
Stride$87.00+0.24%$3.69B12.211.31.5−2.7%
Pearson (ADR)$16.730.00%$10.04B23.92.0
Coursera$6.47−0.08%$1.19B8.31.3+59.6%
Duolingo$146.86−0.13%$6.85B17.654.66.0+18.3%
Median17.611.31.5+7.8%