NRDY on NYSE

Nerdy, Inc.

Logo: nerdy.com3

American educational technology holding company.1

Price unavailable

Last updated Oct 19, 2026.

Overview

$179.0MRevenue, fiscal 20254
-$39.9MNet income, fiscal 20254
2021Founded1

Compare with Zovio, Youlife Group Inc. or iHuman Inc., or pick any stock.

  • TickerNRDY on NYSE1
  • IndustryServices-Educational Services1
  • HeadquartersSt. Louis, Missouri1
  • Websitewww.nerdy.com
  • Incorporated inDE5
  • Business address8001 Forsyth Blvd., Suite 1050, St. Louis, Mo 631055
  • Filer categoryAccelerated filer, Smaller reporting company5

See how the biggest companies compare on our leaderboards

Nerdy, Inc. image from its website
Image: nerdy.com3

We operate a next-generation live tutoring and intervention platform that leverages the power of human expertise with advanced artificial intelligence (“AI”) to personalize learning, accelerate student achievement, and empower educators. Our mission is to transform the way people learn through technology. Our purpose-built proprietary platform leverages technology, including AI, to connect students, users, parents, guardians, and purchasers (“Learner(s)”) of all ages to tutors, instructors, subject matter experts, educators, and other professionals (“Expert(s)”), delivering superior value on both sides of the network. Our comprehensive learning destination provides learning experiences across numerous subjects and multiple formats, including one-on-one instruction, small group tutoring, large format classes, chat, essay review, adaptive assessments, and self-study tools. Our flagship bus…6 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

58.0%Gross margin4
-34.6%Operating margin4
-22.3%Net margin4
-5.9%Revenue growth, 20254
-210.0%Return on equity4
1.02×Debt to equity4
-$24.2MFree cash flow4

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue42¢$75.2M
  • Other costs58¢$103.6M
  • Income tax0¢$159.0K

Out of $179.0M in revenue.4 The company lost money this year.

Financial statements

Revenue789104$179.0M in 2025+98% since 2019
0$50.0M$100.0M$150.0M$200.0M2019: $90.5M$90.5M20192020: $104.0M$104.0M2020+15%2021: $140.7M$140.7M2021+35%2022: $162.7M$162.7M2022+16%2023: $193.4M$193.4M2023+19%2024: $190.2M$190.2M2024−2%2025: $179.0M$179.0M2025−6%
Gross profit789104$103.8M in 2025+74% since 2019
0$50.0M$100.0M$150.0M2019: $59.6M$59.6M20192020: $69.1M$69.1M2020+16%2021: $94.0M$94.0M2021+36%2022: $112.9M$112.9M2022+20%2023: $136.4M$136.4M2023+21%2024: $128.4M$128.4M2024−6%2025: $103.8M$103.8M2025−19%
Operating income789104-$61.9M in 2025+201% since 2019
-$100.0M-$75.0M-$50.0M-$25.0M02019: -$20.5M-$20.5M20192020: -$17.9M-$17.9M2020−13%2021: -$96.5M-$96.5M2021+438%2022: -$90.8M-$90.8M2022−6%2023: -$57.6M-$57.6M2023−37%2024: -$70.1M-$70.1M2024+22%2025: -$61.9M-$61.9M2025−12%
Net income789104-$39.9M in 2025
-$60.0M-$40.0M-$20.0M02019: $0$020192020: $0$020202021: -$3.8M-$3.8M20212022: -$35.4M-$35.4M2022+837%2023: -$40.2M-$40.2M2023+13%2024: -$42.6M-$42.6M2024+6%2025: -$39.9M-$39.9M2025−6%

Every line of the income statement as filed: the last 3 fiscal years, latest first.4

Period ending2025-12-312024-12-312023-12-31
Revenue$179.0M$190.2M$193.4M
Cost of revenue$75.2M$61.8M$57.0M
Gross Profit$103.8M$128.4M$136.4M
Sales and marketing expenses$60.1M$71.6M$68.4M
General and administrative expenses$105.5M$126.9M$125.6M
Operating Loss-$61.9M-$70.1M-$57.6M
Unrealized loss on derivatives, net$0$0$13.4M
Interest income, net-$1.1M-$3.1M-$3.4M
Other (income) expense, net-$2.0K$23.0K-$19.0K
Loss before Income Taxes-$60.8M-$67.0M-$67.6M
Income tax expense$159.0K$115.0K$109.0K
Net Loss-$60.9M-$67.1M-$67.7M
Net loss attributable to noncontrolling interests-$21.0M-$24.6M-$27.5M
Net Loss Attributable to Class A Common Stockholders-$39.9M-$42.6M-$40.2M
Basic (in dollars per share)-$0.33-$0.38-$0.41
Diluted (in dollars per share)-$0.33-$0.38-$0.41
Basic (in shares)120.8M shares111.7M shares97.2M shares
Diluted (in shares)120.8M shares111.7M shares97.2M shares

Compare Nerdy, Inc. with another company

Leadership

Who has led Nerdy, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Charles K. Cohn2021–now

President

  1. Gregory Mrva2020
  2. Ian Clarkson2021

Chief financial officer

  1. Martin Davidson2020
  2. Jason H. Pello2021–2026
  3. Atul Madan Mohan Bagga2026–now

Chief operating officer

  1. Ian Clarkson2021
  2. John Andrew Paszterko2025–now
2025
Board members and other officers (24)

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Former names

  • TPG Pace Tech Opportunities Corp.Jul 29, 2020 to Sep 16, 20215

Timeline

  1. Sep 30, 2021New chief executive Charles K. Cohn becomes CEO17
  2. 2021Founded Founded1

Filings

415 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 43 major events, 257 insider forms, 34 large holders, 61 other. The latest 20:

  1. Sep 15, 20264 EDGAR
  2. Sep 8, 20268-K EDGAR
  3. Sep 2, 20268-K EDGAR
  4. Aug 21, 20268-K EDGAR
  5. Aug 21, 2026SCHEDULE 13D/A EDGAR
  6. Aug 14, 20268-K EDGAR
  7. Aug 6, 202610-Q EDGAR
  8. Aug 6, 20268-K EDGAR
  9. Aug 6, 20268-K EDGAR
  10. Jul 20, 20264 EDGAR
  11. Jul 20, 20264 EDGAR
  12. Jul 20, 20264 EDGAR
  13. Jul 20, 20264 EDGAR
  14. Jul 17, 20264 EDGAR
  15. Jul 17, 20263 EDGAR
  16. Jul 17, 20264 EDGAR
  17. Jul 17, 20264 EDGAR
  18. Jul 15, 2026DEFA14A EDGAR
  19. Jul 14, 20268-K EDGAR
  20. Jul 13, 2026DEF 14A EDGAR

The 415 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

182 open-market trades by officers, directors and large owners since October 2021: 108 buys and 74 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 11, 2026Swenson Christopher C.Chief Legal OfficerSale1,741$9.05$15.8KForm 4
Jul 16, 2026Bagga Atul Madan MohanChief Financial OfficerSale36,426$0.83$30.2KForm 4
Jul 16, 2026Paszterko John AndrewChief Operating OfficerSale31,034$0.83$25.8KForm 4
Jul 16, 2026Callaway KyleChief Accounting OfficerSale13,377$0.83$11.1KForm 4
Jul 16, 2026Swenson Christopher C.Chief Legal OfficerSale22,707$0.83$18.8KForm 4
Jun 16, 2026Swenson Christopher C.Chief Legal OfficerSale20,153$0.88$17.7KForm 4
Jun 15, 2026Cohn Charles K.Chief Executive OfficerBuy250,007$1.00$250.0KForm 4
Jun 12, 2026Cohn Charles K.Chief Executive OfficerBuy251,081$1.00$251.1KForm 4
Jun 11, 2026Cohn Charles K.Chief Executive OfficerBuy258,204$0.97$250.5KForm 4
Jun 10, 2026Cohn Charles K.Chief Executive OfficerBuy219,019$0.91$199.3KForm 4
May 18, 2026Swenson Christopher C.Chief Legal OfficerSale22,796$0.80$18.2KForm 4
Apr 16, 2026Paszterko John AndrewChief Operating OfficerSale31,788$0.93$29.6KForm 4
Apr 16, 2026Swenson Christopher C.Chief Legal OfficerSale69,796$0.93$64.9KForm 4
Mar 16, 2026Swenson Christopher C.Chief Legal OfficerSale18,366$0.90$16.5KForm 4
Mar 16, 2026Pello Jason H.Chief Financial OfficerSale30,609$0.90$27.5KForm 4
Mar 10, 2026Pello Jason H.Chief Financial OfficerSale75,000$0.92$69.0KForm 4
Feb 17, 2026Pello Jason H.Chief Financial OfficerSale49,814$0.97$48.3KForm 4
Feb 17, 2026Swenson Christopher C.Chief Legal OfficerSale32,641$0.97$31.7KForm 4
Jan 16, 2026Paszterko John AndrewChief Operating OfficerSale18,457$1.01$18.6KForm 4
Dec 22, 2025Swenson Christopher C.Chief Legal OfficerSale35,000$1.33$46.5KForm 4

All 182 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Sep 27, 2021Lisa Blunt RochesterDemocratic, SenateBuy$1,001 - $15,000−169.9%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
    Company websiteNerdy, Inc. logo
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53