NYSE$NRDY
Nerdy Inc · Q2 2025 earnings
Q2 2025 earnings · · After market close · Investor relations
Briefing
Nerdy Inc reported Q2 2025 revenue of $45.3 million, down 11% year-over-year, with a net loss of $12.0 million.
Nerdy Inc. posted revenue of $45.3 million for the three months ended June 30, 2025, reflecting an 11% decline from the prior year driven by lower Institutional revenue and non-recurring state-funded programs. Gross profit fell to $27.8 million with margin compression to 62% due to new Expert incentives. The company continued to execute cost reductions and AI-driven productivity initiatives while reporting $36.7 million in cash and cash equivalents.
- Revenue declined 11% YoY to $45.3 million, primarily from lower Institutional bookings and a non-recurring Consumer program.
- Gross margin contracted to 62% from 66% due to Expert incentive programs implemented in late 2024.
- Active Members stood at 30,600 with ARPM rising to $348, reflecting a shift toward higher-frequency memberships and price increases.
- Cash position remained solid at $36.7 million with no debt; operating cash burn increased due to lower revenue and a $2 million legal settlement payment.
Headline financials
Revenue & EPS history
Nerdy · Revenue · Quarterly
$45.3M
Revenue by segment
Nerdy · $45.1M total across 2 segments · Q2 2025
- Consumer$37.8M—83.8%
- Institutional$7.31M—16.2%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
-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
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| 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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