Nerdy (NRDY)
Delivers AI-enhanced live tutoring and classes to consumers and education systems.
$8.81
vs last close−0.04 (−0.45%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 40 | 55 | 54 | 51 | 38 | 48 | 48 | 45 | 37 | 49 | 49 | 43 |
| Cost of revenue | 11 | 16 | 18 | 18 | 11 | 16 | 20 | 17 | 14 | 24 | 17 | 15 |
| Gross profit | 29 | 39 | 36 | 33 | 26 | 32 | 28 | 28 | 23 | 25 | 32 | 28 |
| 55 | 49 | 49 | 48 | 52 | 48 | 44 | 40 | 42 | 39 | 30 | 34 | |
| Research & development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 | 0 | 0 | 9 | 0 |
| 55 | 49 | 49 | 49 | 52 | 48 | 44 | 40 | 42 | 39 | 38 | 34 | |
| Selling & marketing | 19 | 19 | 17 | 16 | 20 | 18 | 16 | 14 | 17 | 14 | 14 | 12 |
| General & administrative | 36 | 31 | 32 | 33 | 32 | 30 | 28 | 27 | 26 | 25 | 24 | 23 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −11 | 0 | 0 | −17 | 0 |
| Operating income | −26 | −10 | −13 | −15 | −26 | −16 | −17 | −12 | −19 | −14 | 2 | −6 |
| 5 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | −8 | 0 | |
| Interest income | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Other non-operating income | 0 | −1 | −1 | −1 | −1 | −1 | 0 | 0 | 0 | 0 | 7 | 0 |
| Income before tax | −21 | −9 | −12 | −14 | −25 | −16 | −16 | −12 | −19 | −14 | −6 | −7 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | −21 | −9 | −12 | −14 | −25 | −16 | −16 | −12 | −19 | −14 | −6 | −7 |
| Net income | −12 | −6 | −7 | −9 | −16 | −10 | −10 | −8 | −12 | −9 | −4 | −5 |
| EPS, basic | −$0.13 | −$0.81 | −$1.04 | −$1.24 | −$2.10 | −$1.31 | −$1.33 | −$0.99 | −$1.50 | −$1.13 | −$0.49 | −$0.60 |
| EPS, diluted | −$0.13 | −$0.81 | −$1.04 | −$1.24 | −$2.10 | −$1.31 | −$1.33 | −$0.99 | −$1.50 | −$1.13 | −$0.49 | −$0.60 |
| Weighted average shares, basic | 97 | 7 | 7 | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| Weighted average shares, diluted | 97 | 7 | 7 | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| EBITDA | −24 | −8 | −10 | −12 | −23 | −14 | −14 | −10 | −18 | −12 | −5 | −4 |
| Depreciation & amortization | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 0 | 2 | 1 | 2 |
| EBIT | −26 | −9 | −12 | −14 | −25 | −16 | −16 | −12 | −19 | −14 | −5 | −6 |
