Nerdy, Inc. (NRDY) — Financial statements
Income statement, balance sheet, and cash flow for Nerdy, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 179↓5.9% | 190↓1.6% | 193↑18.9% | 163↑15.6% | 141 | |
| Cost of Revenue | 76↑23.6% | 62↑8.6% | 57↑14.5% | 50↑6.5% | 47 | |
| Gross Profit | 103↓20.1% | 128↓5.9% | 136↑20.8% | 113↑20.2% | 94 | |
| Operating Expenses | ||||||
| R&D Expenses | 41 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 106↓16.8% | 127↑1.0% | 126↓3.1% | 130↑6.2% | 122 | |
| Selling & Marketing Expenses | 60↓16.1% | 72↑4.6% | 68↓7.7% | 74↑13.4% | 65 | |
| SG&A Expenses | 166↓16.6% | 199↑2.3% | 194↓4.8% | 204↑8.7% | 187 | |
| Other Expenses | -70 | 0.00 | 0.00 | 0.00↓100.0% | 3 | |
| Operating Expenses | 137↓30.9% | 199↑2.3% | 194↓4.8% | 204↑7.0% | 190 | |
| Total Costs & Expenses | 214↓18.0% | 260↑3.7% | 251↓1.0% | 253↑6.9% | 237 | |
| Operating Results | ||||||
| Operating Income | -35↑50.7% | -70↓21.8% | -58↑36.6% | -91↑5.9% | -96 | |
| Depreciation & Amortization | 8↑0.8% | 8↑11.8% | 7↑3.8% | 7↑2.1% | 6 | |
| EBITDA | -53↑15.0% | -63↓23.1% | -51↑39.7% | -84↑3.2% | -87 | |
| EBIT | -61↑13.3% | -70↓21.8% | -58↑36.6% | -91↑2.8% | -93 | |
| Interest & Other Income | ||||||
| Net Interest Income | 1↓65.4% | 3↓8.1% | 3↑599.2% | 0.48↑112.7% | -4 | |
| Interest Income | 1↓65.4% | 3↓8.1% | 3↑599.2% | 0.48 | 0.00 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 4 | |
| Non-Operating Income | 26 | 0.00 | 0.00 | 0.00↑100.0% | -3 | |
| Other Income / Expenses | -26↓950.4% | 3↑130.8% | -10↓137.1% | 27↓59.1% | 66 | |
| Income Before Tax | -61↑9.3% | -67↑0.8% | -68↓5.7% | -64↓108.5% | -31 | |
| Income Tax Expense | 0.16↑38.3% | 0.12↑5.5% | 0.11↑473.7% | 0.02↓52.5% | 0.04 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -61↑9.2% | -67↑0.8% | -68↓5.9% | -64↓108.3% | -31 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -40↑6.3% | -43↓6.0% | -40↓13.5% | -35↓29.5% | -27 | |
| Bottom-Line Net Income | -40↑6.3% | -43↓6.0% | -40↓13.5% | -35↓836.7% | -4 | |
| EPS (Basic) | -0.33↑13.2% | -0.38↑7.3% | -0.41↑0.0% | -0.41↓759.5% | -0.05 | |
| EPS (Diluted) | -0.33↑13.2% | -0.38↑7.3% | -0.41↑0.0% | -0.41↓759.5% | -0.05 | |
| Weighted Average Shares | 121↑8.2% | 112↑15.0% | 97↑13.1% | 86↑8.4% | 79 | |
| Weighted Average Diluted Shares | 121↑8.2% | 112↑15.0% | 97↑13.1% | 86↑8.4% | 79 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.