Nerdy Inc. (NRDY)

Nerdy Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	38.42	47.9	52.54	74.82	90.72	143.96
Cash & Short-Term Investments	38.42	47.9	52.54	74.82	90.72	143.96
Cash Growth	4.63%	-8.84%	-29.78%	-17.52%	-36.99%	391.93%
Receivables	4.32	5.64	7.34	15.4	11.6	5.32
Prepaid Expenses	-	4.09	3.72	3.13	3.71	3.59
Restricted Cash	-	-	0.13	0.18	0.52	1.08
Other Current Assets	3.61	0.55	0.98	1.5	1.12	1.49
Total Current Assets	46.36	58.17	64.71	95.04	107.66	155.45
Property, Plant & Equipment	11.82	10.38	19.65	20	15.43	10.72
Goodwill	5.72	5.72	5.72	5.72	5.72	5.72
Other Intangible Assets	0.69	1.89	2.43	3.06	3.57	4.43
Other Long-Term Assets	-	-	-	0.93	0.32	0.83
Total Assets	64.58	76.17	92.51	124.74	132.69	177.15

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	4.43	3.38	2.56	3.44	3.2	3.59
Accrued Expenses	-	5.58	5.03	6.22	5.06	4.55
Current Portion of Leases	-	0.33	0.93	1.32	1.53	-
Current Unearned Revenue	6.24	14.48	15.26	20.48	25.54	30.01
Other Current Liabilities	6.52	1.86	4.55	4.15	2	3.77
Total Current Liabilities	17.18	25.63	28.33	35.61	37.33	41.91
Long-Term Debt	19.58	19.33	-	-	-	-
Long-Term Leases	1.88	2.07	2.4	3.35	1.86	-
Other Long-Term Liabilities	-	0.22	0.67	0.19	12.45	39.43
Total Liabilities	38.64	47.23	31.39	39.14	51.64	81.34

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.02	0.02	0.02	0.02	0.02	0.02
Additional Paid-In Capital	623.77	616.74	597.31	567.71	522.03	490.22
Retained Earnings	-606.51	-597.79	-557.87	-515.28	-475.11	-439.71
Comprehensive Income & Other	-	0.04	0.02	0.03	-0.01	0.14
Total Common Equity	17.28	19.01	39.48	52.48	46.93	50.66
Minority Interest	8.66	9.92	21.63	33.13	34.12	45.14
Shareholders' Equity	25.94	28.93	61.11	85.61	81.05	95.81
Total Liabilities & Equity	64.58	76.17	92.51	124.74	132.69	177.15

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	21.46	21.73	3.33	4.67	3.39	-
Net Cash (Debt)	16.96	26.17	49.21	70.16	87.32	143.96
Net Cash Growth	-50.37%	-46.83%	-29.85%	-19.66%	-39.34%	-
Net Cash Per Share	2.05	3.25	6.61	10.83	15.25	27.25
Filing Date Shares Outstanding	8.53	8.28	7.87	7.14	6.36	5.59
Total Common Shares Outstanding	8.47	8.24	7.85	7.09	6.35	5.59
Working Capital	29.18	32.55	36.39	59.43	70.33	113.54
Book Value Per Share	2.04	2.31	5.03	7.40	7.39	9.06
Tangible Book Value	10.87	11.4	31.33	43.7	37.64	40.52
Tangible Book Value Per Share	1.28	1.38	3.99	6.16	5.92	7.24
Machinery	-	4.4	4.29	3.77	4.56	3.97
Leasehold Improvements	-	1.98	1.94	1.86	1.49	1.49

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: May 7, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 20, 2026

Data Sources Report a data error