NYSE$NRDY

Nerdy Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Nerdy (NRDY) reported Q1 2026 revenue of $48.7M with net income of $2.1M as online learning demand evolved.

For the quarter ended March 31, 2026, Nerdy reported revenue of $48.7 million versus $47.6 million a year ago. Net income was approximately $2.1 million compared with $5.7 million in Q1 2025, reflecting higher marketing and technology investment in the Varsity Tutors platform and AI-enabled learning products.

  • Revenue $48.7M (+2% YoY).
  • Net income ~$2.1M versus $5.7M prior year.
  • Online tutoring and learning platform model.
  • AI product investment affects margin profile.

Headline financials

Total Revenue

$48.7M

Previous: $47.6M+2.4%
EPS (adj)

-$0.03

Previous: -$0.09+66.7%
Capital Expenditures

-$1.18M

Previous: -$1.18M-0.6%
Net Income

-$4.08M

Previous: -$10.5M+61.2%
Gross Profit

$32.3M

Previous: $27.6M+16.9%

Revenue & EPS history

Nerdy · Revenue · Quarterly

$48.7M

Q1 2026+2.4%vs Q1 2025
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Revenue by segment

Nerdy · $5.58M total across 1 segment · Q3 2023

  • Institutional
    $5.58M+133.2%

Forward guidance

Nerdy discusses learner sessions and marketing efficiency without quarterly EPS guidance.

Tailwinds

  • Modest revenue growth in online learning.
  • Platform scale supports operating leverage potential.

Headwinds

  • Net income down on higher growth investment.
  • Seasonality in tutoring demand.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-7.0%

Avg return

Earnings day

-6.6%

Avg return

5 days after

+1.0%

Avg return

30 days after

33%

7 / 21 earnings

Positive

+31.1%

Q4 2022

Best reaction

-43.8%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.1%-4.2%-6.7%
Q4 2025+2.1%+0.2%-13.4%
Q3 2025-9.4%-3.7%+41.2%
Q1 2025-6.2%+7.4%+9.2%
Q4 2024-4.4%-0.6%-8.2%
Q3 2024-6.2%+2.3%+83.0%
Q2 2024-43.8%-40.8%-36.3%
Q1 2024-11.0%-21.7%-43.4%
Q4 2023-18.1%-1.3%-4.3%
Q3 2023-17.2%-19.2%-4.5%
Q2 2023-20.2%-11.7%-8.1%
Q1 2023+3.4%+15.5%+7.2%
Q4 2022+31.1%+39.0%+56.2%
Q3 2022+5.5%+1.7%-17.9%
Q2 2022+9.6%-20.7%-17.8%
Q1 2022-32.0%-37.3%+18.0%
Q4 2021+0.9%-7.7%+15.6%
Q3 2021-23.0%-23.7%-32.9%
Q2 2021-0.1%-0.2%-0.2%
Q1 2021-0.3%-0.9%-0.2%
Q4 2020-6.9%-10.2%-16.4%
Q2 2020

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