Nerdy Inc. (NRDY)
NYSE · Services-Educational Services · Services · CIK 1819404 · fiscal year ends in Dec
Closing price $6.28 on 30 Oct 2026; 52-week range $5.58 to $21.30.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $178.1M
- Revenue growth
- -0.2%
- Net income, last twelve months
- -$30.3M
- Earnings per share
- -$0.25
- Gross margin
- 61.0%
- Operating margin
- -25.4%
- Net margin
- -17.0%
- Free cash flow
- -$17.6M
- Return on equity
- -175.1%
- Market value
- $1.2B
- Cash
- $38.4M
- Debt
- $19.6M
- Debt to equity
- 1.13
- Shares outstanding
- 191.6M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $179.0M | -$61.9M | -$39.9M | -$0.33 | -$24.2M | 10-K filed 26 Feb 2026 |
| FY2024 | 31 Dec 2024 | $190.2M | -$70.1M | -$42.6M | -$0.38 | -$22.5M | 10-K filed 27 Feb 2025 |
| FY2023 | 31 Dec 2023 | $193.4M | -$57.6M | -$40.2M | -$0.41 | -$14.4M | 10-K filed 27 Feb 2024 |
| FY2022 | 31 Dec 2022 | $162.7M | -$90.8M | -$35.4M | -$0.41 | -$53.3M | 10-K filed 28 Feb 2023 |
| FY2021 | 31 Dec 2021 | $140.7M | -$96.5M | -$3.8M | -$0.05 | -$44.1M | 10-K filed 28 Feb 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $43.2M | -$4.7M | -$0.04 |
| Q1 FY2026 | 31 Mar 2026 | $48.7M | -$4.1M | -$0.03 |
| Q4 FY2025 | 31 Dec 2025 | $49.1M | -$9.2M | -$0.08 |
| Q3 FY2025 | 30 Sep 2025 | $37.0M | -$12.3M | -$0.10 |
| Q2 FY2025 | 30 Jun 2025 | $45.3M | -$7.9M | -$0.07 |
| Q1 FY2025 | 31 Mar 2025 | $47.6M | -$10.5M | -$0.09 |
| Q4 FY2024 | 31 Dec 2024 | $48.0M | -$10.1M | -$0.09 |
| Q3 FY2024 | 30 Sep 2024 | $37.5M | -$15.9M | -$0.14 |
Company events
The newest 8-K filings of 53 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 8 Sep 2026 | 8-K | Leadership change | 5.02 |
| 2 Sep 2026 | 8-K | Other events | 8.01 |
| 21 Aug 2026 | 8-K | Leadership change | 5.02 |
| 14 Aug 2026 | 8-K | Shareholder vote, Shareholder rights change, Bylaws or fiscal year change, Other events | 3.03, 5.03, 5.07, 8.01 |
| 6 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 6 Aug 2026 | 8-K | Restructuring | 2.05 |
| 14 Jul 2026 | 8-K | Leadership change | 5.02 |
| 22 May 2026 | 8-K | Leadership change | 5.02 |
| 7 May 2026 | 8-K | Results | 2.02, 9.01 |
| 4 May 2026 | 8-K | Shareholder vote | 5.07 |
| 6 Apr 2026 | 8-K | Leadership change | 5.02 |
| 6 Mar 2026 | 8-K | Delisting notice | 3.01 |
Every filing
The newest filings with the SEC of 173 held.
| Filed | Form | Period |
|---|---|---|
| 8 Sep 2026 | 8-K | 1 Sep 2026 |
| 2 Sep 2026 | 8-K | 1 Sep 2026 |
| 21 Aug 2026 | 8-K | 20 Aug 2026 |
| 14 Aug 2026 | 8-K | 13 Aug 2026 |
| 6 Aug 2026 | 10-Q | 30 Jun 2026 |
| 6 Aug 2026 | 8-K | 6 Aug 2026 |
| 6 Aug 2026 | 8-K | 31 Jul 2026 |
| 15 Jul 2026 | DEFA14A | – |
| 14 Jul 2026 | 8-K | 10 Jul 2026 |
| 13 Jul 2026 | DEF 14A | 13 Jul 2026 |
| 2 Jul 2026 | PRE 14A | 2 Jul 2026 |
| 22 May 2026 | 8-K | 21 May 2026 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 16 Oct 2026 | Bagga Atul Madan Mohan, Chief Financial Officer | Sale outside a trading plan | 2,355 | $5.98 | $14.1K | 95,215 | 20 Oct 2026 |
| 16 Oct 2026 | Swenson Christopher C., Chief Legal Officer | Sale outside a trading plan | 3,330 | $5.98 | $19.9K | 159,520 | 20 Oct 2026 |
| 11 Sep 2026 | Swenson Christopher C., Chief Legal Officer | Sale outside a trading plan | 1,741 | $9.05 | $15.8K | 162,850 | 15 Sep 2026 |
| 16 Jul 2026 | Bagga Atul Madan Mohan, Chief Financial Officer | Sale outside a trading plan | 36,426 | $0.83 | $30.2K | 1,463,574 | 20 Jul 2026 |
| 16 Jul 2026 | Paszterko John Andrew, Chief Operating Officer | Sale outside a trading plan | 31,034 | $0.83 | $25.8K | 1,718,721 | 20 Jul 2026 |
| 16 Jul 2026 | Callaway Kyle, Chief Accounting Officer | Sale outside a trading plan | 13,377 | $0.83 | $11.1K | 487,120 | 20 Jul 2026 |
| 16 Jul 2026 | Swenson Christopher C., Chief Legal Officer | Sale outside a trading plan | 22,707 | $0.83 | $18.8K | 2,468,924 | 20 Jul 2026 |
| 16 Jun 2026 | Swenson Christopher C., Chief Legal Officer | Sale outside a trading plan | 20,153 | $0.88 | $17.7K | 1,891,631 | 18 Jun 2026 |
| 15 Jun 2026 | Cohn Charles K., Chief Executive Officer | Purchase | 250,007 | $1.00 | $250.0K | 978,311 | 16 Jun 2026 |
| 12 Jun 2026 | Cohn Charles K., Chief Executive Officer | Purchase | 251,081 | $1.00 | $251.1K | 728,304 | 15 Jun 2026 |
| 11 Jun 2026 | Cohn Charles K., Chief Executive Officer | Purchase | 258,204 | $0.97 | $250.5K | 477,223 | 12 Jun 2026 |
| 10 Jun 2026 | Cohn Charles K., Chief Executive Officer | Purchase | 219,019 | $0.91 | $199.3K | 219,019 | 11 Jun 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 10 Jun 2026 | Pello Jason H., Officer | 75,000 | $62.3K | 10 Jun 2026 |
| 10 Mar 2026 | Pello Jason H., Officer | 75,000 | $64.9K | 10 Mar 2026 |
| 22 Dec 2025 | Christopher Swenson, Chief Legal Officer | 35,000 | $45.8K | 22 Dec 2025 |
| 10 Dec 2025 | Pello Jason H., Officer | 75,000 | $108.0K | 10 Dec 2025 |
| 13 Nov 2025 | Mrva Gregory, Director | 50,000 | $43.5K | 13 Nov 2025 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 21 Aug 2026 | Technology Crossover Management VIII, Ltd. | 13D amended | 14.2% | 1.4M |
| 17 Jun 2026 | Charles Cohn | 13D amended | 48.7% | 79.8M |
| 11 Dec 2025 | Charles Cohn | 13D amended | 48.7% | 77.9M |
| 1 Dec 2025 | Charles Cohn | 13D amended | 48.2% | 77.0M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 345.5K | +5.03% | 15.23 |
| 30 Sep 2026 | 329.0K | -4.5% | 24.06 |
| 15 Sep 2026 | 344.5K | -4.17% | 13.95 |
| 31 Aug 2026 | 359.5K | -92.9% | 9.86 |
| 14 Aug 2026 | 5.1M | +36.51% | 8.34 |
| 31 Jul 2026 | 3.7M | +2.11% | 11.96 |
| 15 Jul 2026 | 3.6M | -19.74% | 6.89 |
| 30 Jun 2026 | 4.5M | -40.35% | 3.34 |
Funds that hold it
From each fund's latest Form 13F.
112 funds held it at 30 Jun 2026: 46 added and 23 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| Technology Crossover Management VIII, Ltd. | 263,319 | $3.6M | 0 |
| Vanguard Capital Management LLC | 166,734 | $2.3M | -2,704 |
| Moneta Group Investment Advisors LLC | 68,647 | $943.3K | +47,788 |
| BlackRock, Inc. | 67,819 | $931.9K | -217,418 |
| AQR Capital Management LLC | 58,574 | $804.9K | +28,847 |
| Gsa Capital Partners LLP | 54,073 | $743.0K | +10,325 |
| RBF Capital, LLC | 51,266 | $704.5K | +51,266 |
| Geode Capital Management, LLC | 51,079 | $702.5K | -60,377 |
| Jane Street Group, LLC | 33,595 | $461.7K | +16,757 |
| Millennium Management LLC | 33,277 | $457.3K | +33,277 |
Peers
Companies in the same industry.
- Graham Holdings Co. (GHC): revenue $5.1B, market value $4.9B
- Laureate Education, Inc. (LAUR): revenue $1.9B, market value $4.5B
- Covista Inc. (CVSA): revenue $2.0B, market value $4.2B
- Grand Canyon Education, Inc. (LOPE): revenue $1.1B, market value $3.9B
- Stride, Inc. (LRN): revenue $2.5B, market value $3.3B
- Perdoceo Education Corp. (PRDO): revenue $858.6M, market value $1.9B
- Strategic Education, Inc. (STRA): revenue $1.3B, market value $1.6B
- Universal Technical Institute Inc. (UTI): revenue $883.6M, market value $1.2B
- Phoenix Education Partners, Inc. (PXED): revenue –, market value $863.2M
- American Public Education Inc. (APEI): revenue $668.0M, market value $745.0M