Nerdy INC 10-Q quarterly reports

Nerdy Inc. announced its second-quarter 2026 financial results, showing a decrease in revenue and an increase in operating loss, alongside strategic decisions to wind down certain business operations.

Nerdy Inc. reported a reduced net loss of $18.76 million in Q3 2025, despite a 1% revenue dip, and secured a $20 million term loan to bolster liquidity while addressing operational challenges.

Nerdy Inc. reported a revenue decrease for Q2 2025 and the first half of 2025, alongside continued net losses, despite significant cost reduction efforts and improved average revenue per member.

Nerdy Inc.'s Q1 2025 revenue decreased compared to the prior year, driven by lower Learning Memberships and Institutional revenue, though partially offset by higher average revenue per member.

Nerdy Inc.'s third-quarter 2024 results show a slight revenue decrease compared to the previous year, primarily due to a change in the mix of learning memberships.

Nerdy Inc. saw a 4% increase in revenue year-over-year in Q2 2024, driven by growth in both its Consumer and Institutional businesses, despite a decrease in gross margin.

Nerdy Inc. saw a 9% increase in revenue in the first quarter of 2024, driven by growth in both its consumer and institutional businesses.