Nerdy, Inc. (NRDY) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 48.73M | 49.11M | 37.02M | 45.26M | 47.59M | 47.99M | 37.53M | 50.98M | 53.73M | 55.08M | 40.3M | 48.84M | 49.18M | 41.8M | 31.75M | 42.19M | 46.92M | 42.02M | 31.3M | 32.79M |
| Revenue Growth % | 2.4% | 2.34% | -1.36% | -11.22% | -11.41% | -12.88% | -6.86% | 4.39% | 9.25% | 31.77% | 26.91% | 15.77% | 4.81% | -0.51% | 1.45% | 28.67% | 35.76% | 27.29% | 18.57% | - |
| Cost of Goods Sold | 16.76M | 24.08M | 13.72M | 17.42M | 19.98M | 16.05M | 11.08M | 17.88M | 17.61M | 15.81M | 11.11M | 14.74M | 15.29M | 12.31M | 9.84M | 13.43M | 14.15M | 13.36M | 10.64M | 11.51M |
| COGS % of Revenue | 34.39% | 49.03% | 37.07% | 38.49% | 41.99% | 33.45% | 29.52% | 35.07% | 32.78% | 28.71% | 27.57% | 30.18% | 31.09% | 29.46% | 30.97% | 31.84% | 30.16% | 31.79% | 33.99% | 35.12% |
| Gross Profit | 31.97M | 25.03M | 23.3M | 27.84M | 27.61M | 31.94M | 26.45M | 33.1M | 36.12M | 39.27M | 29.19M | 34.1M | 33.89M | 29.49M | 21.92M | 28.75M | 32.77M | 28.66M | 20.66M | 21.27M |
| Gross Margin % | 65.61% | 50.97% | 62.93% | 61.51% | 58.01% | 66.55% | 70.48% | 64.93% | 67.22% | 71.29% | 72.43% | 69.82% | 68.91% | 70.54% | 69.03% | 68.16% | 69.84% | 68.21% | 66.01% | 64.88% |
| Gross Profit Growth % | 15.8% | -21.63% | -11.93% | -15.9% | -23.55% | -18.67% | -9.37% | -2.92% | 6.57% | 33.17% | 33.18% | 18.58% | 3.41% | 2.89% | 6.09% | 35.17% | 40.22% | 27% | 14.87% | - |
| Operating Expenses | 30.18M | 38.94M | 42.38M | 40.13M | 44.2M | 48.24M | 52.18M | 48.33M | 48.97M | 49.45M | 54.74M | 44.57M | 45.26M | 49.92M | 49.6M | 50.76M | 53.45M | 55.22M | 78.67M | 28.69M |
| OpEx % of Revenue | 61.93% | 79.29% | 114.48% | 88.66% | 92.86% | 100.52% | 139.03% | 94.8% | 91.15% | 89.76% | 135.85% | 91.26% | 92.03% | 119.42% | 156.22% | 120.33% | 113.92% | 131.44% | 251.37% | 87.51% |
| Selling, General & Admin | 38.07M | 38.94M | 42.38M | 40.13M | 44.2M | 48.24M | 52.18M | 48.72M | 49.37M | 49.45M | 54.74M | 44.57M | 45.26M | 49.92M | 49.6M | 50.76M | 53.45M | 52.22M | 78.67M | 28.69M |
| SG&A % of Revenue | 78.12% | 79.29% | 114.48% | 88.66% | 92.86% | 100.52% | 139.03% | 95.55% | 91.89% | 89.76% | 135.85% | 91.26% | 92.03% | 119.42% | 156.22% | 120.33% | 113.92% | 124.28% | 251.37% | 87.51% |
| Research & Development | 9.18M | 0 | 0 | 10.68M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | 18.83% | - | - | 23.6% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -1000K | 0 | 0 | -1000K | 0 | 0 | 0 | -383K | -398K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 |
| Operating Income | 1.79M | -13.91M | -19.08M | -12.29M | -16.59M | -16.3M | -25.72M | -15.23M | -12.85M | -10.18M | -25.55M | -10.47M | -11.37M | -20.43M | -27.69M | -22.01M | -20.68M | -26.57M | -58.02M | -7.42M |
| Operating Margin % | 3.67% | -28.32% | -51.55% | -27.15% | -34.85% | -33.97% | -68.54% | -29.87% | -23.92% | -18.47% | -63.41% | -21.44% | -23.12% | -48.88% | -87.2% | -52.17% | -44.07% | -63.23% | -185.37% | -22.63% |
| Operating Income Growth % | 110.79% | 14.68% | 25.82% | 19.31% | -29.04% | -60.22% | -0.67% | -45.41% | -13.04% | 50.2% | 7.71% | 52.41% | 45.02% | 23.08% | 52.28% | -196.63% | -364.35% | -749.81% | -1030.92% | - |
| EBITDA | 2.6M | -12.29M | -18.79M | -10.29M | -14.6M | -14.33M | -23.79M | -13.36M | -11.06M | -8.47M | -23.88M | -8.78M | -9.67M | -18.73M | -26.03M | -20.42M | -19.1M | -24.94M | -56.42M | -5.84M |
| EBITDA Margin % | 5.35% | -25.02% | -50.76% | -22.74% | -30.68% | -29.86% | -63.39% | -26.2% | -20.59% | -15.37% | -59.27% | -17.98% | -19.66% | -44.82% | -81.99% | -48.4% | -40.71% | -59.35% | -180.27% | -17.81% |
| EBITDA Growth % | 117.84% | 14.24% | 21.02% | 22.94% | -31.97% | -69.25% | 0.39% | -52.07% | -14.44% | 54.81% | 8.26% | 56.98% | 49.4% | 24.87% | 53.86% | -249.67% | -565.84% | -1464.43% | -1463.75% | - |
| D&A (Non-Cash Add-back) | 815K | 1.62M | 292K | 2M | 1.99M | 1.97M | 1.93M | 1.87M | 1.79M | 1.71M | 1.67M | 1.69M | 1.7M | 1.7M | 1.65M | 1.59M | 1.58M | 1.63M | 1.6M | 1.58M |
| EBIT | 1.79M | -13.91M | -18.72M | -11.93M | -16.59M | -16.3M | -25.72M | -15.23M | -12.85M | -10.18M | -25.55M | -10.47M | -11.37M | -20.43M | -27.69M | -22.01M | -20.68M | 33.11M | -58.02M | -7.42M |
| Net Interest Income | -292K | 0 | 357K | 365K | 462K | 571K | 768K | 879K | 886K | 917K | 844K | 783K | 833K | 464K | 7K | 5K | 7K | 0 | -1.29M | -1.25M |
| Interest Income | 368K | 0 | 357K | 365K | 462K | 571K | 768K | 879K | 886K | 917K | 844K | 783K | 833K | 464K | 7K | 5K | 7K | 0 | 3K | 6.84K |
| Interest Expense | 660K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.29M | 1.26M |
| Other Income/Expense | -7.9M | -109K | 361K | 361K | 462K | 556K | 795K | 869K | 861K | 947K | 4.95M | 4.98M | -20.86M | 5.28M | -4.59M | 37.28M | -11.05M | 59.67M | 332K | 7.08M |
| Pretax Income | -6.11M | -14.02M | -18.72M | -11.93M | -16.12M | -15.75M | -24.93M | -14.36M | -11.99M | -9.23M | -20.61M | -5.5M | -32.23M | -15.16M | -32.28M | 15.28M | -31.73M | 33.11M | -57.68M | -336K |
| Pretax Margin % | -12.53% | -28.54% | -50.57% | -26.35% | -33.88% | -32.81% | -66.42% | -28.17% | -22.32% | -16.75% | -51.13% | -11.26% | -65.53% | -36.26% | -101.65% | 36.21% | -67.63% | 78.8% | -184.31% | -1.02% |
| Income Tax | 22K | 22K | 35K | 74K | 28K | 25K | 29K | 38K | 23K | 12K | 21K | 53K | 23K | -16K | 22K | 0 | 13K | 5K | 35K | 0 |
| Effective Tax Rate % | -0.36% | -0.16% | -0.19% | -0.62% | -0.17% | -0.16% | -0.12% | -0.26% | -0.19% | -0.13% | -0.1% | -0.96% | -0.07% | 0.11% | -0.07% | 0% | -0.04% | 0.02% | -0.06% | 0% |
| Net Income | -4.08M | -9.24M | -12.29M | -7.9M | -10.5M | -10.15M | -15.9M | -9.09M | -7.45M | -5.66M | -12.29M | -3.3M | -18.93M | -8.73M | -18.52M | 8.7M | -16.84M | 17.5M | -38.76M | -336K |
| Net Margin % | -8.36% | -18.81% | -33.19% | -17.45% | -22.05% | -21.14% | -42.37% | -17.84% | -13.86% | -10.27% | -30.5% | -6.75% | -38.49% | -20.89% | -58.31% | 20.61% | -35.9% | 41.64% | -123.84% | -1.02% |
| Net Income Growth % | 61.18% | 8.93% | 22.72% | 13.15% | -40.96% | -79.42% | -29.37% | -175.71% | 60.67% | 35.25% | 33.63% | -137.93% | -12.38% | -149.91% | 52.23% | 2687.8% | -194.18% | 447.21% | -415.07% | - |
| Net Income (Continuing) | -6.13M | -14.04M | -18.76M | -12M | -16.15M | -15.77M | -24.96M | -14.4M | -12.02M | -9.24M | -20.63M | -5.55M | -32.25M | -15.14M | -32.3M | 15.28M | -31.75M | 33.1M | -57.72M | -336K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 9.63M | 9.92M | 12.79M | 16.91M | 18.5M | 21.63M | 24.48M | 30.38M | 32.37M | 33.13M | 32.42M | 26.73M | 25.01M | 34.12M | 35.75M | 44.41M | 36.21M | 45.14M | 10.12M | 0 |
| EPS (Diluted) | -0.03 | -0.08 | -0.10 | -0.07 | -0.09 | -0.09 | -0.14 | -0.08 | -0.07 | -0.05 | -0.13 | -0.03 | -0.35 | -0.17 | -0.37 | 0.09 | -0.40 | 0.22 | -0.49 | -0.00 |
| EPS Growth % | 62.98% | 14.17% | 28.57% | 20.56% | -28.41% | -62.64% | -7.69% | -136.96% | 80.29% | 68.35% | 64.86% | -138.78% | 12.5% | -177.27% | 24.49% | - | -485.65% | 466.06% | -446.27% | - |
| EPS (Basic) | -0.03 | -0.08 | -0.10 | -0.07 | -0.09 | -0.09 | -0.14 | -0.08 | -0.07 | -0.05 | -0.13 | -0.03 | -0.35 | -0.17 | -0.37 | 0.10 | -0.40 | 0.22 | -0.49 | -0.00 |
| Diluted Shares Outstanding | 124.3M | 123.05M | 121.67M | 120.15M | 118.46M | 115.98M | 113.29M | 109.92M | 107.95M | 105.18M | 97.08M | 94.45M | 91.78M | 89.65M | 87.71M | 88.6M | 79.62M | 79.23M | 79.23M | 83.88M |
| Basic Shares Outstanding | 124.3M | 123.05M | 121.67M | 120.15M | 118.46M | 115.98M | 113.29M | 109.92M | 107.95M | 105.18M | 97.08M | 94.45M | 91.78M | 89.65M | 87.71M | 86.37M | 79.62M | 79.24M | 78.8M | 83.88M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |