English

NERDY INC.

EDGAR

NRDY Quarterly report (10-Q) · filed 2026-08-06

Annual consolidated revenue for 2025: about USD 179M, using the latest reported figures. The previous period, 2024, was about USD 190.2M.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest quarter

Revenue

43.2 million USD

2026 Q2 · USD

Exact inputs and evidence

Revenue: 43231000 USD Source

Operating margin

-14.98%

2026 Q2 · %

Exact inputs and evidence

Operating Income: -6476000 USD Source
Revenue: 43231000 USD Source

Operating cash flow

-4.75 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: -6525000 USD Source
Operating Cash Flow: -1780000 USD Source

Free cash flow

-6.28 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: -6525000 USD Source
Operating Cash Flow: -1780000 USD Source
Capital Expenditure: 2714000 USD Source
Capital Expenditure: 1182000 USD Source

Cash and cash equivalents: 38.4 million USD 2026-06-30 Source
Exact value

38424000 USD
Long-term debt including current maturities: 0 USD 2021-09-30 Source
Exact value

0 USD
Shares outstanding: 85.6 million shares 2021-06-30 Source
Exact value

85564605 shares

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

178 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Revenue: 37019000 USD · 2025-07-01 – 2025-09-30 Source
Revenue: 178988000 USD · 2025-01-01 – 2025-12-31 Source
Revenue: 129877000 USD · 2025-01-01 – 2025-09-30 Source
Revenue: 48735000 USD · 2026-01-01 – 2026-03-31 Source
Revenue: 43231000 USD · 2026-04-01 – 2026-06-30 Source

Net income

-30.3 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Net income: -12287000 USD · 2025-07-01 – 2025-09-30 Source
Net income: -39920000 USD · 2025-01-01 – 2025-12-31 Source
Net income: -30680000 USD · 2025-01-01 – 2025-09-30 Source
Net income: -4075000 USD · 2026-01-01 – 2026-03-31 Source
Net income: -4653000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

-11.9 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Operating cash flow: -15913000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: -13489000 USD · 2025-01-01 – 2025-06-30 Source
Operating cash flow: -18846000 USD · 2025-01-01 – 2025-12-31 Source
Operating cash flow: -15913000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: -1780000 USD · 2026-01-01 – 2026-03-31 Source
Operating cash flow: -6525000 USD · 2026-01-01 – 2026-06-30 Source
Operating cash flow: -1780000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

5.75 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Capital expenditure: 4051000 USD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 2333000 USD · 2025-01-01 – 2025-06-30 Source
Capital expenditure: 5370000 USD · 2025-01-01 – 2025-12-31 Source
Capital expenditure: 4051000 USD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 1182000 USD · 2026-01-01 – 2026-03-31 Source
Capital expenditure: 2714000 USD · 2026-01-01 – 2026-06-30 Source
Capital expenditure: 1182000 USD · 2026-01-01 – 2026-03-31 Source

Free cash flow

-17.6 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Operating cash flow: -15913000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: -13489000 USD · 2025-01-01 – 2025-06-30 Source
Operating cash flow: -18846000 USD · 2025-01-01 – 2025-12-31 Source
Operating cash flow: -15913000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: -1780000 USD · 2026-01-01 – 2026-03-31 Source
Operating cash flow: -6525000 USD · 2026-01-01 – 2026-06-30 Source
Operating cash flow: -1780000 USD · 2026-01-01 – 2026-03-31 Source
Capital expenditure: 4051000 USD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 2333000 USD · 2025-01-01 – 2025-06-30 Source
Capital expenditure: 5370000 USD · 2025-01-01 – 2025-12-31 Source
Capital expenditure: 4051000 USD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 1182000 USD · 2026-01-01 – 2026-03-31 Source
Capital expenditure: 2714000 USD · 2026-01-01 – 2026-06-30 Source
Capital expenditure: 1182000 USD · 2026-01-01 – 2026-03-31 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-06.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 8 of 11 periods available· newest 2025-12-31
Operating income: 8 of 11 periods available· newest 2025-12-31
Net income: 8 of 11 periods available· newest 2025-12-31
Operating cash flow: 8 of 11 periods available· newest 2025-12-31
Capital expenditure: 8 of 11 periods available· newest 2025-12-31
Total assets: 7 of 11 periods available· newest 2025-12-31
Total liabilities: 7 of 11 periods available· newest 2025-12-31
Current assets: 7 of 11 periods available· newest 2025-12-31
Current liabilities: 7 of 11 periods available· newest 2025-12-31
Cash and cash equivalents: 8 of 11 periods available· newest 2025-12-31
Long-term debt including current maturities: 2 of 11 periods available· newest 2020-12-31
Shares outstanding: 2 of 11 periods available· newest 2020-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
-5.9%

Prior period

USD 190.23 million

2024-01-01 – 2024-12-31
Current period

USD 178.99 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

178988000 − 190231000 = -11243000 USD

190231000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
178988000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · NERDY INC. · 2025-12-31 NERDY INC. (edgar:1819404) Year-over-year change in Revenue: -11243000 USD Concept: fundies:Revenue Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 178988000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#746771 Filing: 000181940426000015 Input fundies:Revenue: 190231000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#747655 Filing: 000181940426000015
The citation records this snapshot. The page link may show a newer release later.
Net income
+USD 2.67 million

Prior period

−USD 42.59 million

2024-01-01 – 2024-12-31
Current period

−USD 39.92 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

-39920000 − -42585000 = 2665000 USD

-42585000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
-39920000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · NERDY INC. · 2025-12-31 NERDY INC. (edgar:1819404) Year-over-year change in Net income: 2665000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -39920000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#1319202 Filing: 000181940426000015 Input fundies:NetIncome: -42585000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#1320053 Filing: 000181940426000015
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
−USD 3.24 million

Prior period

−USD 15.6 million

2024-01-01 – 2024-12-31
Current period

−USD 18.85 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

-18846000 − -15603000 = -3243000 USD

-15603000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
-18846000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · NERDY INC. · 2025-12-31 NERDY INC. (edgar:1819404) Year-over-year change in Operating cash flow: -3243000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: -18846000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#882954 Filing: 000181940426000015 Input fundies:OperatingCashFlow: -15603000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#883606 Filing: 000181940426000015
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
-21.8%

Prior period

USD 6.86 million

2024-01-01 – 2024-12-31
Current period

USD 5.37 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

5370000 − 6863000 = -1493000 USD

6863000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
5370000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · NERDY INC. · 2025-12-31 NERDY INC. (edgar:1819404) Year-over-year change in Capital expenditure: -1493000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 5370000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#885689 Filing: 000181940426000015 Input fundies:CapitalExpenditure: 6863000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#886279 Filing: 000181940426000015
The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

Revenue USD 178.99 million 100% of revenue
Operating costs Derived USD 240.85 million 135% of revenue
Operating income −USD 61.86 million −35% of revenue
Tax, interest and other Derived −USD 21.94 million −12% of revenue
Net income −USD 39.92 million −22% of revenue

Cash

Operating cash flow −USD 18.85 million −11% of revenue
Capital expenditure USD 5.37 million 3% of revenue
Free cash flow Derived −USD 24.22 million −14% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2018 Operating loss: operating costs were 135% of revenue.
2019 Operating loss: operating costs were 123% of revenue.
2020 Operating loss: operating costs were 117% of revenue.
2021 Operating loss: operating costs were 169% of revenue.
2022 Operating loss: operating costs were 156% of revenue.
2023 Operating loss: operating costs were 130% of revenue.
2024 Operating loss: operating costs were 137% of revenue.
2025 Operating loss: operating costs were 135% of revenue.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2018 2018-01-01 – 2018-12-31	72038000	97587000 Derived	-25549000	-172000 Derived	-25377000	-20510000 Derived	Source 2018-01-01 – 2018-12-31: 72038000 USD Inspect Revenue Open source 2018-01-01 – 2018-12-31: -25549000 USD Inspect Operating Income Open source 2018-01-01 – 2018-12-31: -25377000 USD Inspect Net Income Open source 2018-01-01 – 2018-12-31: -14668000 USD Inspect Operating Cash Flow Open source 2018-01-01 – 2018-12-31: 5842000 USD Inspect Capital Expenditure Open source
2019 2019-01-01 – 2019-12-31	90452000	110989000 Derived	-20537000	-20537000 Derived	0	-22674000 Derived	Source 2019-01-01 – 2019-12-31: 90452000 USD Inspect Revenue Open source 2019-01-01 – 2019-12-31: -20537000 USD Inspect Operating Income Open source 2019-01-01 – 2019-12-31: 0 USD Inspect Net Income Open source 2019-01-01 – 2019-12-31: -16318000 USD Inspect Operating Cash Flow Open source 2019-01-01 – 2019-12-31: 6356000 USD Inspect Capital Expenditure Open source
2020 2020-01-01 – 2020-12-31	103968000	121903000 Derived	-17935000	-17935000 Derived	0	-9528000 Derived	Source 2020-01-01 – 2020-12-31: 103968000 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: -17935000 USD Inspect Operating Income Open source 2020-01-01 – 2020-12-31: 0 USD Inspect Net Income Open source 2020-01-01 – 2020-12-31: -6654000 USD Inspect Operating Cash Flow Open source 2020-01-01 – 2020-12-31: 2874000 USD Inspect Capital Expenditure Open source
2021 2021-01-01 – 2021-12-31	140664000	237118000 Derived	-96454000	-92675000 Derived	-3779000	-44054000 Derived	Source 2021-01-01 – 2021-12-31: 140664000 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: -96454000 USD Inspect Operating Income Open source 2021-01-01 – 2021-12-31: -3779000 USD Inspect Net Income Open source 2021-01-01 – 2021-12-31: -38891000 USD Inspect Operating Cash Flow Open source 2021-01-01 – 2021-12-31: 5163000 USD Inspect Capital Expenditure Open source
2022 2022-01-01 – 2022-12-31	162665000	253474000 Derived	-90809000	-55410000 Derived	-35399000	-53319000 Derived	Source 2022-01-01 – 2022-12-31: 162665000 USD Inspect Revenue Open source 2022-01-01 – 2022-12-31: -90809000 USD Inspect Operating Income Open source 2022-01-01 – 2022-12-31: -35399000 USD Inspect Net Income Open source 2022-01-01 – 2022-12-31: -48002000 USD Inspect Operating Cash Flow Open source 2022-01-01 – 2022-12-31: 5317000 USD Inspect Capital Expenditure Open source
2023 2023-01-01 – 2023-12-31	193399000	250970000 Derived	-57571000	-17397000 Derived	-40174000	-14447000 Derived	Source 2023-01-01 – 2023-12-31: 193399000 USD Inspect Revenue Open source 2023-01-01 – 2023-12-31: -57571000 USD Inspect Operating Income Open source 2023-01-01 – 2023-12-31: -40174000 USD Inspect Net Income Open source 2023-01-01 – 2023-12-31: -7560000 USD Inspect Operating Cash Flow Open source 2023-01-01 – 2023-12-31: 6887000 USD Inspect Capital Expenditure Open source
2024 2024-01-01 – 2024-12-31	190231000	260339000 Derived	-70108000	-27523000 Derived	-42585000	-22466000 Derived	Source 2024-01-01 – 2024-12-31: 190231000 USD Inspect Revenue Open source 2024-01-01 – 2024-12-31: -70108000 USD Inspect Operating Income Open source 2024-01-01 – 2024-12-31: -42585000 USD Inspect Net Income Open source 2024-01-01 – 2024-12-31: -15603000 USD Inspect Operating Cash Flow Open source 2024-01-01 – 2024-12-31: 6863000 USD Inspect Capital Expenditure Open source
2025 2025-01-01 – 2025-12-31	178988000	240852000 Derived	-61864000	-21944000 Derived	-39920000	-24216000 Derived	Source 2025-01-01 – 2025-12-31: 178988000 USD Inspect Revenue Open source 2025-01-01 – 2025-12-31: -61864000 USD Inspect Operating Income Open source 2025-01-01 – 2025-12-31: -39920000 USD Inspect Net Income Open source 2025-01-01 – 2025-12-31: -18846000 USD Inspect Operating Cash Flow Open source 2025-01-01 – 2025-12-31: 5370000 USD Inspect Capital Expenditure Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 179M 2025

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20182018-12-31	Revenue	72038000	Revenue: 72038000 Open source
20192019-12-31	Revenue	90452000	Revenue: 90452000 Open source
20202020-12-31	Revenue	103968000	Revenue: 103968000 Open source
20212021-12-31	Revenue	140664000	Revenue: 140664000 Open source
20222022-12-31	Revenue	162665000	Revenue: 162665000 Open source
20232023-12-31	Revenue	193399000	Revenue: 193399000 Open source
20242024-12-31	Revenue	190231000	Revenue: 190231000 Open source
20252025-12-31	Revenue	178988000	Revenue: 178988000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

-5.9% 2025

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20182018-12-31	Year over year	No prior comparable period	Revenue: 72038000 Open source
20192019-12-31	Year over year	25.6%	Revenue: 90452000 Open source Revenue: 72038000 Open source
20202020-12-31	Year over year	14.9%	Revenue: 103968000 Open source Revenue: 90452000 Open source
20212021-12-31	Year over year	35.3%	Revenue: 140664000 Open source Revenue: 103968000 Open source
20222022-12-31	Year over year	15.6%	Revenue: 162665000 Open source Revenue: 140664000 Open source
20232023-12-31	Year over year	18.9%	Revenue: 193399000 Open source Revenue: 162665000 Open source
20242024-12-31	Year over year	-1.6%	Revenue: 190231000 Open source Revenue: 193399000 Open source
20252025-12-31	Year over year	-5.9%	Revenue: 178988000 Open source Revenue: 190231000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -34.6% 2025

Net margin -22.3% 2025

Free cash flow margin -13.5% 2025

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20182018-12-31	Operating margin	-35.5%	Operating Income: -25549000 Open source Revenue: 72038000 Open source
20192019-12-31	Operating margin	-22.7%	Operating Income: -20537000 Open source Revenue: 90452000 Open source
20202020-12-31	Operating margin	-17.3%	Operating Income: -17935000 Open source Revenue: 103968000 Open source
20212021-12-31	Operating margin	-68.6%	Operating Income: -96454000 Open source Revenue: 140664000 Open source
20222022-12-31	Operating margin	-55.8%	Operating Income: -90809000 Open source Revenue: 162665000 Open source
20232023-12-31	Operating margin	-29.8%	Operating Income: -57571000 Open source Revenue: 193399000 Open source
20242024-12-31	Operating margin	-36.9%	Operating Income: -70108000 Open source Revenue: 190231000 Open source
20252025-12-31	Operating margin	-34.6%	Operating Income: -61864000 Open source Revenue: 178988000 Open source
20182018-12-31	Net margin	-35.2%	Net Income: -25377000 Open source Revenue: 72038000 Open source
20192019-12-31	Net margin	0%	Net Income: 0 Open source Revenue: 90452000 Open source
20202020-12-31	Net margin	0%	Net Income: 0 Open source Revenue: 103968000 Open source
20212021-12-31	Net margin	-2.7%	Net Income: -3779000 Open source Revenue: 140664000 Open source
20222022-12-31	Net margin	-21.8%	Net Income: -35399000 Open source Revenue: 162665000 Open source
20232023-12-31	Net margin	-20.8%	Net Income: -40174000 Open source Revenue: 193399000 Open source
20242024-12-31	Net margin	-22.4%	Net Income: -42585000 Open source Revenue: 190231000 Open source
20252025-12-31	Net margin	-22.3%	Net Income: -39920000 Open source Revenue: 178988000 Open source
20182018-12-31	Free cash flow margin	-28.5%	Revenue: 72038000 Open source Operating Cash Flow: -14668000 Open source Capital Expenditure: 5842000 Open source
20192019-12-31	Free cash flow margin	-25.1%	Revenue: 90452000 Open source Operating Cash Flow: -16318000 Open source Capital Expenditure: 6356000 Open source
20202020-12-31	Free cash flow margin	-9.2%	Revenue: 103968000 Open source Operating Cash Flow: -6654000 Open source Capital Expenditure: 2874000 Open source
20212021-12-31	Free cash flow margin	-31.3%	Revenue: 140664000 Open source Operating Cash Flow: -38891000 Open source Capital Expenditure: 5163000 Open source
20222022-12-31	Free cash flow margin	-32.8%	Revenue: 162665000 Open source Operating Cash Flow: -48002000 Open source Capital Expenditure: 5317000 Open source
20232023-12-31	Free cash flow margin	-7.5%	Revenue: 193399000 Open source Operating Cash Flow: -7560000 Open source Capital Expenditure: 6887000 Open source
20242024-12-31	Free cash flow margin	-11.8%	Revenue: 190231000 Open source Operating Cash Flow: -15603000 Open source Capital Expenditure: 6863000 Open source
20252025-12-31	Free cash flow margin	-13.5%	Revenue: 178988000 Open source Operating Cash Flow: -18846000 Open source Capital Expenditure: 5370000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD -18.8M 2025

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20182018-12-31	Operating cash flow	-14668000	Operating Cash Flow: -14668000 Open source
20192019-12-31	Operating cash flow	-16318000	Operating Cash Flow: -16318000 Open source
20202020-12-31	Operating cash flow	-6654000	Operating Cash Flow: -6654000 Open source
20212021-12-31	Operating cash flow	-38891000	Operating Cash Flow: -38891000 Open source
20222022-12-31	Operating cash flow	-48002000	Operating Cash Flow: -48002000 Open source
20232023-12-31	Operating cash flow	-7560000	Operating Cash Flow: -7560000 Open source
20242024-12-31	Operating cash flow	-15603000	Operating Cash Flow: -15603000 Open source
20252025-12-31	Operating cash flow	-18846000	Operating Cash Flow: -18846000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -24.2M 2025

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20182018-12-31	Free cash flow	-20510000	Operating Cash Flow: -14668000 Open source Capital Expenditure: 5842000 Open source
20192019-12-31	Free cash flow	-22674000	Operating Cash Flow: -16318000 Open source Capital Expenditure: 6356000 Open source
20202020-12-31	Free cash flow	-9528000	Operating Cash Flow: -6654000 Open source Capital Expenditure: 2874000 Open source
20212021-12-31	Free cash flow	-44054000	Operating Cash Flow: -38891000 Open source Capital Expenditure: 5163000 Open source
20222022-12-31	Free cash flow	-53319000	Operating Cash Flow: -48002000 Open source Capital Expenditure: 5317000 Open source
20232023-12-31	Free cash flow	-14447000	Operating Cash Flow: -7560000 Open source Capital Expenditure: 6887000 Open source
20242024-12-31	Free cash flow	-22466000	Operating Cash Flow: -15603000 Open source Capital Expenditure: 6863000 Open source
20252025-12-31	Free cash flow	-24216000	Operating Cash Flow: -18846000 Open source Capital Expenditure: 5370000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

62% 2025

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2018-12-31	Liabilities / assets	Not reported	No source recorded
20192019-12-31	Liabilities / assets	94.6%	Total Liabilities: 55643000 Open source Total Assets: 58791000 Open source
20202020-12-31	Liabilities / assets	134.3%	Total Liabilities: 76939000 Open source Total Assets: 57274000 Open source
20212021-12-31	Liabilities / assets	45.9%	Total Liabilities: 81340000 Open source Total Assets: 177145000 Open source
20222022-12-31	Liabilities / assets	38.9%	Total Liabilities: 51642000 Open source Total Assets: 132692000 Open source
20232023-12-31	Liabilities / assets	31.4%	Total Liabilities: 39138000 Open source Total Assets: 124744000 Open source
20242024-12-31	Liabilities / assets	33.9%	Total Liabilities: 31394000 Open source Total Assets: 92507000 Open source
20252025-12-31	Liabilities / assets	62%	Total Liabilities: 47233000 Open source Total Assets: 76166000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

2.27× 2025

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
2018-12-31	Current assets / current liabilities	Not reported	No source recorded
20192019-12-31	Current assets / current liabilities	1.34×	Current Assets: 28109000 Open source Current Liabilities: 21014000 Open source
20202020-12-31	Current assets / current liabilities	0.92×	Current Assets: 31561000 Open source Current Liabilities: 34341000 Open source
20212021-12-31	Current assets / current liabilities	3.71×	Current Assets: 155450000 Open source Current Liabilities: 41909000 Open source
20222022-12-31	Current assets / current liabilities	2.88×	Current Assets: 107656000 Open source Current Liabilities: 37331000 Open source
20232023-12-31	Current assets / current liabilities	2.67×	Current Assets: 95037000 Open source Current Liabilities: 35605000 Open source
20242024-12-31	Current assets / current liabilities	2.28×	Current Assets: 64714000 Open source Current Liabilities: 28327000 Open source
20252025-12-31	Current assets / current liabilities	2.27×	Current Assets: 58174000 Open source Current Liabilities: 25625000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2018 2018-01-01 – 2018-12-31	−USD 25.38 million Exact value Exact value: -25377000 USD 2018-01-01 – 2018-12-31: -25377000 USD Inspect Net Income Open source Share or cite Citation for Net Income · NERDY INC. · 2018-12-31 NERDY INC. (edgar:1819404) Net Income: -25377000 USD Concept: fundies:NetIncome Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3ANetIncome&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:NetIncome: -25377000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000119312521299492/d189572ds1.htm#5433268 Filing: 000119312521299492 The citation records this snapshot. The page link may show a newer release later.	−USD 14.67 million Exact value Exact value: -14668000 USD 2018-01-01 – 2018-12-31: -14668000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · NERDY INC. · 2018-12-31 NERDY INC. (edgar:1819404) Operating Cash Flow: -14668000 USD Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -14668000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000119312521299492/d189572ds1.htm#4833103 Filing: 000119312521299492 The citation records this snapshot. The page link may show a newer release later.	USD 5.84 million Exact value Exact value: 5842000 USD 2018-01-01 – 2018-12-31: 5842000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NERDY INC. · 2018-12-31 NERDY INC. (edgar:1819404) Capital Expenditure: 5842000 USD Concept: fundies:CapitalExpenditure Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3ACapitalExpenditure&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 5842000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000119312521299492/d189572ds1.htm#4838203 Filing: 000119312521299492 The citation records this snapshot. The page link may show a newer release later.	−USD 20.51 million Calculation and evidence -14668000 − 5842000 USD Exact free cash flow: -20510000 USD 2018-01-01 – 2018-12-31: -14668000 USD · Inspect Operating Cash Flow · Source 2018-01-01 – 2018-12-31: 5842000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · NERDY INC. · 2018-12-31 NERDY INC. (edgar:1819404) Free cash flow: -20510000 USD Concept: free-cash-flow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -14668000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000119312521299492/d189572ds1.htm#4833103 Filing: 000119312521299492 Input fundies:CapitalExpenditure: 5842000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000119312521299492/d189572ds1.htm#4838203 Filing: 000119312521299492 The citation records this snapshot. The page link may show a newer release later.
2019 2019-01-01 – 2019-12-31	USD 0 Exact value Exact value: 0 USD 2019-01-01 – 2019-12-31: 0 USD Inspect Net Income Open source Share or cite Citation for Net Income · NERDY INC. · 2019-12-31 NERDY INC. (edgar:1819404) Net Income: 0 USD Concept: fundies:NetIncome Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:NetIncome: 0 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940422000016/nrdy-20211231.htm#1085812 Filing: 000181940422000016 The citation records this snapshot. The page link may show a newer release later.	−USD 16.32 million Exact value Exact value: -16318000 USD 2019-01-01 – 2019-12-31: -16318000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · NERDY INC. · 2019-12-31 NERDY INC. (edgar:1819404) Operating Cash Flow: -16318000 USD Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -16318000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940422000016/nrdy-20211231.htm#1278828 Filing: 000181940422000016 The citation records this snapshot. The page link may show a newer release later.	USD 6.36 million Exact value Exact value: 6356000 USD 2019-01-01 – 2019-12-31: 6356000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NERDY INC. · 2019-12-31 NERDY INC. (edgar:1819404) Capital Expenditure: 6356000 USD Concept: fundies:CapitalExpenditure Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3ACapitalExpenditure&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 6356000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940422000016/nrdy-20211231.htm#1282738 Filing: 000181940422000016 The citation records this snapshot. The page link may show a newer release later.	−USD 22.67 million Calculation and evidence -16318000 − 6356000 USD Exact free cash flow: -22674000 USD 2019-01-01 – 2019-12-31: -16318000 USD · Inspect Operating Cash Flow · Source 2019-01-01 – 2019-12-31: 6356000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · NERDY INC. · 2019-12-31 NERDY INC. (edgar:1819404) Free cash flow: -22674000 USD Concept: free-cash-flow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -16318000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940422000016/nrdy-20211231.htm#1278828 Filing: 000181940422000016 Input fundies:CapitalExpenditure: 6356000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940422000016/nrdy-20211231.htm#1282738 Filing: 000181940422000016 The citation records this snapshot. The page link may show a newer release later.
2020 2020-01-01 – 2020-12-31	USD 0 Exact value Exact value: 0 USD 2020-01-01 – 2020-12-31: 0 USD Inspect Net Income Open source Share or cite Citation for Net Income · NERDY INC. · 2020-12-31 NERDY INC. (edgar:1819404) Net Income: 0 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:NetIncome: 0 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940423000013/nrdy-20221231.htm#1037934 Filing: 000181940423000013 The citation records this snapshot. The page link may show a newer release later.	−USD 6.65 million Exact value Exact value: -6654000 USD 2020-01-01 – 2020-12-31: -6654000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · NERDY INC. · 2020-12-31 NERDY INC. (edgar:1819404) Operating Cash Flow: -6654000 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -6654000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940423000013/nrdy-20221231.htm#1213702 Filing: 000181940423000013 The citation records this snapshot. The page link may show a newer release later.	USD 2.87 million Exact value Exact value: 2874000 USD 2020-01-01 – 2020-12-31: 2874000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NERDY INC. · 2020-12-31 NERDY INC. (edgar:1819404) Capital Expenditure: 2874000 USD Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3ACapitalExpenditure&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 2874000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940423000013/nrdy-20221231.htm#1217620 Filing: 000181940423000013 The citation records this snapshot. The page link may show a newer release later.	−USD 9.53 million Calculation and evidence -6654000 − 2874000 USD Exact free cash flow: -9528000 USD 2020-01-01 – 2020-12-31: -6654000 USD · Inspect Operating Cash Flow · Source 2020-01-01 – 2020-12-31: 2874000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · NERDY INC. · 2020-12-31 NERDY INC. (edgar:1819404) Free cash flow: -9528000 USD Concept: free-cash-flow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -6654000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940423000013/nrdy-20221231.htm#1213702 Filing: 000181940423000013 Input fundies:CapitalExpenditure: 2874000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940423000013/nrdy-20221231.htm#1217620 Filing: 000181940423000013 The citation records this snapshot. The page link may show a newer release later.
2021 2021-01-01 – 2021-12-31	−USD 3.78 million Exact value Exact value: -3779000 USD 2021-01-01 – 2021-12-31: -3779000 USD Inspect Net Income Open source Share or cite Citation for Net Income · NERDY INC. · 2021-12-31 NERDY INC. (edgar:1819404) Net Income: -3779000 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:NetIncome: -3779000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940424000019/nrdy-20231231.htm#1577580 Filing: 000181940424000019 The citation records this snapshot. The page link may show a newer release later.	−USD 38.89 million Exact value Exact value: -38891000 USD 2021-01-01 – 2021-12-31: -38891000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · NERDY INC. · 2021-12-31 NERDY INC. (edgar:1819404) Operating Cash Flow: -38891000 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -38891000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940424000019/nrdy-20231231.htm#975018 Filing: 000181940424000019 The citation records this snapshot. The page link may show a newer release later.	USD 5.16 million Exact value Exact value: 5163000 USD 2021-01-01 – 2021-12-31: 5163000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NERDY INC. · 2021-12-31 NERDY INC. (edgar:1819404) Capital Expenditure: 5163000 USD Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3ACapitalExpenditure&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 5163000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940424000019/nrdy-20231231.htm#977655 Filing: 000181940424000019 The citation records this snapshot. The page link may show a newer release later.	−USD 44.05 million Calculation and evidence -38891000 − 5163000 USD Exact free cash flow: -44054000 USD 2021-01-01 – 2021-12-31: -38891000 USD · Inspect Operating Cash Flow · Source 2021-01-01 – 2021-12-31: 5163000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · NERDY INC. · 2021-12-31 NERDY INC. (edgar:1819404) Free cash flow: -44054000 USD Concept: free-cash-flow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -38891000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940424000019/nrdy-20231231.htm#975018 Filing: 000181940424000019 Input fundies:CapitalExpenditure: 5163000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940424000019/nrdy-20231231.htm#977655 Filing: 000181940424000019 The citation records this snapshot. The page link may show a newer release later.
2022 2022-01-01 – 2022-12-31	−USD 35.4 million Exact value Exact value: -35399000 USD 2022-01-01 – 2022-12-31: -35399000 USD Inspect Net Income Open source Share or cite Citation for Net Income · NERDY INC. · 2022-12-31 NERDY INC. (edgar:1819404) Net Income: -35399000 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:NetIncome: -35399000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940425000009/nrdy-20241231.htm#1311266 Filing: 000181940425000009 The citation records this snapshot. The page link may show a newer release later.	−USD 48 million Exact value Exact value: -48002000 USD 2022-01-01 – 2022-12-31: -48002000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · NERDY INC. · 2022-12-31 NERDY INC. (edgar:1819404) Operating Cash Flow: -48002000 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -48002000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940425000009/nrdy-20241231.htm#861664 Filing: 000181940425000009 The citation records this snapshot. The page link may show a newer release later.	USD 5.32 million Exact value Exact value: 5317000 USD 2022-01-01 – 2022-12-31: 5317000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NERDY INC. · 2022-12-31 NERDY INC. (edgar:1819404) Capital Expenditure: 5317000 USD Concept: fundies:CapitalExpenditure Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3ACapitalExpenditure&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 5317000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940425000009/nrdy-20241231.htm#864301 Filing: 000181940425000009 The citation records this snapshot. The page link may show a newer release later.	−USD 53.32 million Calculation and evidence -48002000 − 5317000 USD Exact free cash flow: -53319000 USD 2022-01-01 – 2022-12-31: -48002000 USD · Inspect Operating Cash Flow · Source 2022-01-01 – 2022-12-31: 5317000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · NERDY INC. · 2022-12-31 NERDY INC. (edgar:1819404) Free cash flow: -53319000 USD Concept: free-cash-flow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -48002000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940425000009/nrdy-20241231.htm#861664 Filing: 000181940425000009 Input fundies:CapitalExpenditure: 5317000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940425000009/nrdy-20241231.htm#864301 Filing: 000181940425000009 The citation records this snapshot. The page link may show a newer release later.
2023 2023-01-01 – 2023-12-31	−USD 40.17 million Exact value Exact value: -40174000 USD 2023-01-01 – 2023-12-31: -40174000 USD Inspect Net Income Open source Share or cite Citation for Net Income · NERDY INC. · 2023-12-31 NERDY INC. (edgar:1819404) Net Income: -40174000 USD Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3ANetIncome&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:NetIncome: -40174000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#1320904 Filing: 000181940426000015 The citation records this snapshot. The page link may show a newer release later.	−USD 7.56 million Exact value Exact value: -7560000 USD 2023-01-01 – 2023-12-31: -7560000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · NERDY INC. · 2023-12-31 NERDY INC. (edgar:1819404) Operating Cash Flow: -7560000 USD Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3AOperatingCashFlow&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -7560000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#884258 Filing: 000181940426000015 The citation records this snapshot. The page link may show a newer release later.	USD 6.89 million Exact value Exact value: 6887000 USD 2023-01-01 – 2023-12-31: 6887000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NERDY INC. · 2023-12-31 NERDY INC. (edgar:1819404) Capital Expenditure: 6887000 USD Concept: fundies:CapitalExpenditure Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3ACapitalExpenditure&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 6887000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#886869 Filing: 000181940426000015 The citation records this snapshot. The page link may show a newer release later.	−USD 14.45 million Calculation and evidence -7560000 − 6887000 USD Exact free cash flow: -14447000 USD 2023-01-01 – 2023-12-31: -7560000 USD · Inspect Operating Cash Flow · Source 2023-01-01 – 2023-12-31: 6887000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · NERDY INC. · 2023-12-31 NERDY INC. (edgar:1819404) Free cash flow: -14447000 USD Concept: free-cash-flow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -7560000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#884258 Filing: 000181940426000015 Input fundies:CapitalExpenditure: 6887000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#886869 Filing: 000181940426000015 The citation records this snapshot. The page link may show a newer release later.
2024 2024-01-01 – 2024-12-31	−USD 42.59 million Exact value Exact value: -42585000 USD 2024-01-01 – 2024-12-31: -42585000 USD Inspect Net Income Open source Share or cite Citation for Net Income · NERDY INC. · 2024-12-31 NERDY INC. (edgar:1819404) Net Income: -42585000 USD Concept: fundies:NetIncome Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3ANetIncome&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:NetIncome: -42585000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#1320053 Filing: 000181940426000015 The citation records this snapshot. The page link may show a newer release later.	−USD 15.6 million Exact value Exact value: -15603000 USD 2024-01-01 – 2024-12-31: -15603000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · NERDY INC. · 2024-12-31 NERDY INC. (edgar:1819404) Operating Cash Flow: -15603000 USD Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -15603000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#883606 Filing: 000181940426000015 The citation records this snapshot. The page link may show a newer release later.	USD 6.86 million Exact value Exact value: 6863000 USD 2024-01-01 – 2024-12-31: 6863000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NERDY INC. · 2024-12-31 NERDY INC. (edgar:1819404) Capital Expenditure: 6863000 USD Concept: fundies:CapitalExpenditure Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3ACapitalExpenditure&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 6863000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#886279 Filing: 000181940426000015 The citation records this snapshot. The page link may show a newer release later.	−USD 22.47 million Calculation and evidence -15603000 − 6863000 USD Exact free cash flow: -22466000 USD 2024-01-01 – 2024-12-31: -15603000 USD · Inspect Operating Cash Flow · Source 2024-01-01 – 2024-12-31: 6863000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · NERDY INC. · 2024-12-31 NERDY INC. (edgar:1819404) Free cash flow: -22466000 USD Concept: free-cash-flow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -15603000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#883606 Filing: 000181940426000015 Input fundies:CapitalExpenditure: 6863000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#886279 Filing: 000181940426000015 The citation records this snapshot. The page link may show a newer release later.
2025 2025-01-01 – 2025-12-31	−USD 39.92 million Exact value Exact value: -39920000 USD 2025-01-01 – 2025-12-31: -39920000 USD Inspect Net Income Open source Share or cite Citation for Net Income · NERDY INC. · 2025-12-31 NERDY INC. (edgar:1819404) Net Income: -39920000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3ANetIncome&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:NetIncome: -39920000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#1319202 Filing: 000181940426000015 The citation records this snapshot. The page link may show a newer release later.	−USD 18.85 million Exact value Exact value: -18846000 USD 2025-01-01 – 2025-12-31: -18846000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · NERDY INC. · 2025-12-31 NERDY INC. (edgar:1819404) Operating Cash Flow: -18846000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -18846000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#882954 Filing: 000181940426000015 The citation records this snapshot. The page link may show a newer release later.	USD 5.37 million Exact value Exact value: 5370000 USD 2025-01-01 – 2025-12-31: 5370000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NERDY INC. · 2025-12-31 NERDY INC. (edgar:1819404) Capital Expenditure: 5370000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404/explain?concept=fundies%3ACapitalExpenditure&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 5370000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#885689 Filing: 000181940426000015 The citation records this snapshot. The page link may show a newer release later.	−USD 24.22 million Calculation and evidence -18846000 − 5370000 USD Exact free cash flow: -24216000 USD 2025-01-01 – 2025-12-31: -18846000 USD · Inspect Operating Cash Flow · Source 2025-01-01 – 2025-12-31: 5370000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · NERDY INC. · 2025-12-31 NERDY INC. (edgar:1819404) Free cash flow: -24216000 USD Concept: free-cash-flow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-03T00:07:27Z Snapshot: 5e5f10d01cdf2386fbafc0b49e057c3d1e0c495ae362af7a74b107928bb988ad Dimensions: Consolidated View: https://fundies.io/companies/edgar/1819404?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -18846000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#882954 Filing: 000181940426000015 Input fundies:CapitalExpenditure: 5370000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1819404/000181940426000015/nrdy-20251231.htm#885689 Filing: 000181940426000015 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

30 filings · 1,942 latest values · 1,932 originally reported values

Dataset published 2026-11-03. Source filing dates and reporting periods are shown separately.

Identifiers: 0001819404, 1819404, NRDY, edgar:1819404

Also known as NERDY INC., Nerdy Inc., TPG PACE TECH OPPORTUNITIES CORP., TPG Pace Tech Opportunities Corp.

NERDY INC.

Latest quarter

Revenue

Operating margin

Operating cash flow

Free cash flow

Trailing twelve months

Revenue

Net income

Operating cash flow

Capital expenditure

Free cash flow

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2025 2025-01-01 – 2025-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation