Nerdy, Inc. (NRDY) Revenue History
Annual and quarterly revenue from 2019 to 2025
Compound Annual Growth Rate (CAGR)
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NRDY Revenue Growth
Revenue Breakdown (FY 2021)
NRDY's revenue distribution by segment and geography for fiscal year 2021
By Product/Segment
NRDY Revenue Analysis (2019–2025)
As of May 8, 2026, Nerdy, Inc. (NRDY) generated trailing twelve-month (TTM) revenue of $180.1 million, reflecting modest growth of +2.4% year-over-year. The most recent quarter (Q1 2026) recorded $48.7 million in revenue, down 0.8% sequentially.
Looking at the longer-term picture, NRDY's 5-year compound annual growth rate (CAGR) stands at +11.5%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $193.4 million in 2023.
Revenue diversification analysis shows NRDY's business is primarily driven by Online (100%), and In-person (0%). With over half of revenue concentrated in Online, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including CHGG (-43.5% YoY), TUYA (+22.3% YoY), and PRDO (+17.7% YoY), NRDY has underperformed the peer group in terms of revenue growth. Compare NRDY vs CHGG →
NRDY Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| $180M | +2.4% | +11.5% | -19.3% | ||
| $377M | -43.5% | -10.2% | -16.8% | ||
| $299M | +22.3% | +23.1% | -15.9% | ||
| $846M | +17.7% | +4.2% | 23.2% | ||
| $1.3B | +3.0% | +4.3% | 15.5% | ||
| $1.7B | +13.8% | +10.7% | 25.3% |
NRDY Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $179.0M | -5.9% | $102.6M | 57.3% | $-34,589,000 | -19.3% |
| 2024 | $190.2M | -1.6% | $128.4M | 67.5% | $-70,108,000 | -36.9% |
| 2023 | $193.4M | +18.9% | $136.4M | 70.6% | $-57,571,000 | -29.8% |
| 2022 | $162.7M | +15.6% | $112.9M | 69.4% | $-90,809,000 | -55.8% |
| 2021 | $140.7M | +35.3% | $94.0M | 66.8% | $-96,454,000 | -68.6% |
| 2020 | $104.0M | +14.9% | $69.1M | 66.5% | $-17,935,000 | -17.3% |
| 2019 | $90.5M | - | $59.6M | 65.9% | $-20,537,000 | -22.7% |
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Start ComparisonNRDY — Frequently Asked Questions
Quick answers to the most common questions about buying NRDY stock.
Is NRDY's revenue growth accelerating or slowing?
NRDY revenue growth slowed to +2.4%, below the 5-year CAGR of +11.5%. TTM revenue is $180M. The deceleration marks a shift from historical growth rates.
What is NRDY's long-term revenue growth rate?
Nerdy, Inc.'s 5-year revenue CAGR of +11.5% reflects the variable expansion pattern. Current YoY growth of +2.4% is near this long-term average.
How is NRDY's revenue distributed by segment?
NRDY reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2025 are available for download. Segment mix reveals concentration and diversification trends.