Nerdy Inc. reports developments around its live online learning platform, which connects learners with expert instructors through technology and artificial intelligence. The company operates its flagship Varsity Tutors business and offers Learning Memberships, one-on-one instruction, small group tutoring, large-format classes and adaptive assessments for consumers, schools and other institutions.
Recurring news items cover quarterly results, revenue trends, adjusted profitability measures, liquidity and capital resources, product work on its Live+AI platform, management presentations and leadership changes. Company updates also describe how Nerdy applies AI to personalize learning and support tutors across its consumer and institutional channels.
Nerdy (NYSE: NRDY) reported Q1 2026 revenue of $48.7 million, above guidance of $46–$48 million and +2% year-over-year. Gross margin was 66.2% versus 58.0% a year ago. The company reported positive non-GAAP adjusted EBITDA of $1.0 million and cash of $44.7 million. Nerdy reaffirmed FY2026 revenue guidance of $180–$190 million and expects year-end cash of $40–$45 million; Q2 revenue guidance is $42–$44 million.
Nerdy (NYSE: NRDY) will release first-quarter 2026 financial results for the period ended March 31, 2026 after the U.S. market close on May 7, 2026. Management will host a conference call and webcast at 5:00 p.m. ET that day to discuss financial and operating results.
U.S. callers may dial 1-833-461-5787, international callers 1-585-542-9983 (Access Code: 397446705), and a live webcast will be available via Nerdy’s investor relations website.
Nerdy (NYSE: NRDY) appointed Atul Bagga as Chief Financial Officer, effective April 6, 2026. Mr. Bagga joins from JLL and brings prior finance leadership at AWS and Zynga.
The company issued full-year 2026 guidance of $180–$190 million revenue, expects non-GAAP adjusted EBITDA ~breakeven and projects ending 2026 cash of $40–$45 million (including a $20 million term loan).
Nerdy (NYSE: NRDY) will participate in the Centri Capital Conference on April 14, 2026. Management will host a fireside chat at 2:30 p.m. ET / 1:30 p.m. CT, with CFO Jason Pello representing the company and holding 1x1 meetings. A live webcast and archived replay will be available on Nerdy’s investor relations website.
Nerdy (NYSE: NRDY) received a notice from the NYSE on March 5, 2026 for noncompliance with Section 802.01C because its 30-day average closing price fell below $1.00. The company notified the NYSE on March 6, 2026 that it intends to cure the deficiency within the six-month cure period.
The company may pursue alternatives including a reverse stock split subject to shareholder approval no later than the 2027 annual meeting. Class A shares will continue trading on the NYSE during the cure period. As of December 31, 2025, cash and cash equivalents were $47.9 million, and available term loan funding supports liquidity.
Nerdy (NYSE: NRDY) reported Q4 2025 revenue of $49.1M, a 2% year-over-year increase, and positive non-GAAP adjusted EBITDA of $1.3M, beating guidance. Gross margin (ex-abandonment) was 66.8%, ARPM was $364 (+21% YoY), and cash was $47.9M as of December 31, 2025. The company introduced Q1 2026 revenue guidance of $46–48M and full-year 2026 guidance of $180–190M, with non-GAAP adjusted EBITDA expected to be approximately breakeven and year-end cash of $40–45M (inclusive of a $20M term loan).
Nerdy (NYSE: NRDY) will report fourth quarter and full year 2025 results for the period ended December 31, 2025 after market close on Thursday, February 26, 2026. Management will host a conference call and live webcast at 5:00 p.m. ET to discuss financial and operating results. Replay options will be available via the company website for one year and by telephonic replay through March 5, 2026.
Nerdy (NYSE: NRDY) said management will participate in a fireside chat at the Needham Growth Conference on January 16, 2026 at 8:45 a.m. ET / 7:45 a.m. CT.
Chuck Cohn (Founder, Chairman, CEO) and Jason Pello (CFO) will represent the company. A live webcast will be available on Nerdy's investor relations website, and an archived replay will be posted after the event.
Nerdy (NYSE: NRDY) announced that Chairman, Founder and CEO Chuck Cohn purchased $4.4 million (3.5 million shares) of Nerdy common stock in the open market during Q4 2025 at an average price of $1.24.
The purchases occurred between November 19, 2025 and December 16, 2025 and are reflected in Form 4 filings. As of December 31, 2025, Mr. Cohn owns 91.4 million shares. Since the company became public in September 2021, he has purchased $81.0 million or approximately 51.4 million shares of Nerdy common stock.
Nerdy (NYSE: NRDY) reported third quarter 2025 results: revenue $37.0M (down 1% YoY), net loss $18.7M, and a non-GAAP adjusted EBITDA loss of $10.2M which beat guidance of negative $11.0M to $13.0M. Learning Membership revenue was $33.0M (89% of revenue); Active Members totaled 34.3k and ARPM was $374 (+24% YoY). Gross margin was 62.9%, down from 70.5% YoY, primarily due to Expert pay and incentives. Headcount declined ~27% YoY and adjusted EBITDA margin improved ~960 bps YoY. On November 3, Nerdy closed a delayed-draw term loan facility with up to $50M capacity and borrowed $20M; cash was $32.7M at quarter end and year-end cash is expected at $45–48M. Q4 revenue guidance: $45–47M; full-year revenue guidance: $175–177M.