Nerdy Inc. (NRDY)

Nerdy Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	178.99	190.23	193.4	162.67	140.66
Revenue Growth (YoY)	-5.91%	-1.64%	18.89%	15.64%	35.30%
Service and Other Expenses	75.21	61.84	56.95	49.73	46.7
Total Property Expenses	75.21	61.84	56.95	49.73	46.7
Gross Profit	103.78	128.39	136.45	112.93	93.96
Selling, General & Admin	165.64	198.5	194.02	203.74	187.41
Other Operating Expenses	-	-	-	-	3.01
Operating Income	-61.86	-70.11	-57.57	-90.81	-96.45
Interest Income	0	-0.02	0.02	0.48	3.77
Other Non-Operating Income (Expense)	1.07	3.1	-10.01	26.44	69.59
Total Non-Operating Income (Expense)	1.08	3.08	-9.99	26.92	73.36
Pretax Income	-60.79	-67.03	-67.56	-63.89	-30.64
Provision for Income Taxes	0.16	0.12	0.11	0.02	0.04
Net Income	-39.92	-42.59	-40.17	-35.4	-3.78
Minority Interest in Earnings	-21.03	-24.56	-27.5	-28.51	-26.9
Net Income to Common	-39.92	-42.59	-40.17	-35.4	-3.78
Shares Outstanding (Basic)	121	112	97	86	76
Shares Outstanding (Diluted)	121	112	97	86	76
Shares Change (YoY)	8.18%	14.96%	12.53%	14.24%	-11.67%
EPS (Basic)	-0.33	-0.38	-0.41	-0.41	-0.05
EPS (Diluted)	-0.33	-0.38	-0.41	-0.41	-0.05
Shares Outstanding	123.56	117.7	106.42	90.65	83.91
Free Cash Flow	-24.22	-22.47	-14.45	-53.32	-44.05
Free Cash Flow Per Share	-0.20	-0.20	-0.15	-0.62	-0.58
Gross Margin	57.98%	67.49%	70.55%	69.43%	66.80%
Operating Margin	-34.56%	-36.85%	-29.77%	-55.83%	-68.57%
Profit Margin	-34.05%	-35.30%	-34.99%	-39.29%	-21.81%
FCF Margin	-13.53%	-11.81%	-7.47%	-32.78%	-31.32%
EBITDA	-54.24	-62.54	-50.8	-84.29	-90.07
EBITDA Margin	-30.30%	-32.87%	-26.27%	-51.82%	-64.03%
EBIT	-61.86	-70.11	-57.57	-90.81	-96.45
EBIT Margin	-34.56%	-36.85%	-29.77%	-55.83%	-68.57%
Effective Tax Rate	-0.26%	-0.17%	-0.16%	-0.03%	-0.13%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q