FY2025 · ended Dec 31, 2025 · Revenue $178.99M, -5.9% YoY · Filed Feb 26, 2026
Nerdy Inc. (NRDY) files with the SEC under industry code 8200, Services-Educational Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $179.0 million and a net loss of $39.9 million. Free cash flow was -$24.2 million. As of Jun 30, 2026 it held $38.4 million in cash and investments and $19.6 million in total debt.
Revenue (TTM)
$178.10M
-0.2% vs year-ago TTM
Net income (TTM)
$-30.25M
+31.9% vs year-ago TTM
Operating cash flow (TTM)
$-11.88M
+57.3% vs year-ago TTM
Free cash flow (TTM)
$-17.63M
+47.0% vs year-ago TTM
EPS (TTM)
$-0.24
+35.7% vs year-ago TTM
Dividend per share
None
Shares outstanding
—
Net cash
$18.85M
as of Jun 30, 2026
Operating margin
-25.4%
FY 2026
Company profile
- Industry
- Services-Educational Services (SIC 8200)
- Listed as
- NRDY (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- St. Louis, MO
- SEC filer status
- Accelerated filer, Smaller reporting company
- SEC CIK
- 1819404
- Former names
- TPG Pace Tech Opportunities Corp. (until Sep 16, 2021)
Other Services-Educational Services companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $179.0M | $190.2M | $193.4M | $162.7M | $140.7M |
| Operating income | -$61.9M | -$70.1M | -$57.6M | -$90.8M | -$96.5M |
| Net income | -$39.9M | -$42.6M | -$40.2M | -$35.4M | -$3.8M |
| Diluted EPS | -$0.33 | -$0.38 | -$0.41 | -$0.41 | -$0.05 |
| Operating cash flow | -$18.8M | -$15.6M | -$7.6M | -$48.0M | -$38.9M |
| Free cash flow | -$24.2M | -$22.5M | -$14.4M | -$53.3M | -$44.1M |
| Total assets | $76.2M | $92.5M | $124.7M | $132.7M | $177.1M |
| Total liabilities | $47.2M | $31.4M | $39.1M | $51.6M | $81.3M |
| Stockholders' equity | $19.0M | $39.5M | $52.5M | $46.9M | $50.7M |
| Cash and investments | $47.9M | $52.5M | $74.8M | $90.7M | $144.0M |
| Total debt | $21.7M | $3.3M | $4.7M | $3.4M | $0 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Officer or director change
|
Sep 8, 2026 | Sep 1, 2026 |
| 8-K |
Current report
Other events
|
Sep 2, 2026 | Sep 1, 2026 |
| 8-K |
Current report
Officer or director change
|
Aug 21, 2026 | Aug 20, 2026 |
| 8-K |
Current report
Change to shareholder rights, Bylaw or fiscal year change, Shareholder vote results, Other events
|
Aug 14, 2026 | Aug 13, 2026 |
| 10-Q | Quarterly report | Aug 6, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 6, 2026 | Aug 6, 2026 |
All 541 Nerdy Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.