Saturday 7 November 2026
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Nerdy Inc.
NRDY Technology Software Application
Nerdy Inc.’s revenue for fiscal 2025 (year ended December 2025) was $179.0 million, down 5.91% from fiscal 2024.
- Revenue
- −4.49%
- EPS
- +42.9%
- Free cash flow
- +23.5%
Quarter to June 2026, against a year earlier
6.23
0.34
+5.77%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | 90 | 104 | 141 | 163 | 193 | 190 | 179 | 178 | +12.0% | 171 | 177 | — | (0.5%) | |
| Gross margin, % | — | — | — | 65.92 | 66.50 | 66.80 | 69.43 | 70.55 | 67.49 | 57.98 | 60.97 | (7.9) pt | ||||||
| EBT | — | — | — | (22) | (25) | (31) | (64) | (68) | (67) | (61) | (46) | +18.1% | ||||||
| EBT margin, % | — | — | — | (24.81) | (23.72) | (21.78) | (39.28) | (34.93) | (35.23) | (33.96) | (25.64) | (9.2) pt | ||||||
| Net income | — | 0 | — | (22) | (25) | (31) | (64) | (68) | (67) | (61) | (46) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | 3.03 | 1.90 | 26.62 | 28.40 | 29.84 | 25.53 | 22.21 | 21.13 | +39.4% | |||||
| Earnings | — | — | — | 0.00 | 0.00 | (0.72) | (6.15) | (6.15) | (5.70) | (4.95) | (3.75) | n/m | ||||||
| Cash flow | — | — | — | (0.55) | (0.12) | (7.36) | (8.38) | (1.17) | (2.09) | (2.34) | (1.41) | +27.4% | ||||||
| Capex | — | — | — | (0.21) | (0.05) | (0.98) | (0.93) | (1.06) | (0.92) | (0.67) | (0.68) | +20.9% | ||||||
| Free cash flow | — | — | — | (0.76) | (0.17) | (8.34) | (9.31) | (2.23) | (3.02) | (3.00) | (2.09) | +25.7% | ||||||
| Book value | — | — | — | 0.00 | (7.28) | 18.13 | 14.15 | 13.21 | 8.20 | 3.59 | 3.08 | +326.1% | ||||||
| Shares, m | — | — | — | 30 | 55 | 5 | 6 | 6 | 7 | 8 | 8 | (19.6%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | — | — | — | 0.00 | 0.00 | 2.54 | 1.18 | 1.65 | 0.95 | 0.70 | 0.29 | 1.0 | ||||||
| P/B | — | — | — | 0.00 | 11.43 | 3.72 | 2.37 | 3.72 | 2.96 | 4.35 | 1.98 | 4.1 | ||||||
| EV/Sales | — | — | — | 0.00 | 0.00 | 1.80 | 0.64 | 1.27 | 0.69 | 0.54 | 0.18 | 0.7 | ||||||
| EV/FCF | — | — | — | 0.00 | (1,023.75) | (5.76) | (1.94) | (17.02) | (5.80) | (4.01) | (1.85) | (151.2) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | (16) | (7) | (39) | (48) | (8) | (16) | (19) | (12) | +2.4% | |||||
| Capex | — | — | — | (6) | (3) | (5) | (5) | (7) | (7) | (5) | (6) | (2.8%) | ||||||
| Free cash flow | — | — | — | (23) | (10) | (44) | (53) | (14) | (22) | (24) | (18) | +1.1% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | 0 | (3) | 114 | 70 | 59 | 36 | 33 | 29 | +254.1% | |||||
| Net debt | — | — | — | 0 | 18 | (144) | (89) | (75) | (53) | (29) | (19) | +223.1% | ||||||
| Shareholders’ equity | — | — | — | 0 | (398) | 96 | 81 | 86 | 61 | 29 | 26 | +247.3% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | (67.73) | (2.22) | (3.22) | (22.85) | (31.21) | (39.20) | (47.33) | (43.76) | +20.4 pt | |||||
| ROIC | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | (333.72) | (511.17) | (10,593.15) | (398.80) | (10,593.1) pt | ||||||
| ROE | — | — | — | 0.00 | 0.31 | 2.44 | (40.03) | (48.21) | (58.05) | (88.67) | (81.03) | (88.7) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | 3 | 1,000 | 700 | 500 | 600 | 500 | — | +178.2% | |||||
| Revenue/emp, $m | — | — | — | 0.00 | 34.66 | 0.14 | 0.23 | 0.39 | 0.32 | 0.36 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
Nerdy Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| RDZN Roadzen Inc. | $94.5M | — (loss-making) | — (loss-making) | +49.04% (above 0%: growing) | n/m | −85.81% (below 0%: shrinking) | 57.25% | (9.53%) | Compare |
| RTB RTB Digital, Inc. | $83.4M | — (loss-making) | 9.6× | +350.29% (above 0%: growing) | n/m | −123.92% (below 0%: shrinking) | 37.41% | (383.63%) | Compare |
| NTWK NetSol Technologies Inc. | $77.3M | 26.4× | — (loss-making) | +12.54% (above 0%: growing) | +45.45% (above 0%: growing) | +134,644.57% (above 0%: growing) | 63.60% | 21.62% | Compare |
| NRDY Nerdy Inc. | $75.2M | — (loss-making) | — (loss-making) | −4.49% (below 0%: shrinking) | n/m | +23.48% (above 0%: growing) | 64.73% | (14.98%) | |
| ROC Rank One Computing Corporation | $62.0M | — (loss-making) | — (loss-making) | — | n/m | −613.92% (below 0%: shrinking) | 89.67% | (15.23%) | Compare |
| RSSS Research Solutions Inc. | $61.5M | 20.3× | 17.1× | −2.87% (below 0%: shrinking) | −71.43% (below 0%: shrinking) | −21.64% (below 0%: shrinking) | 53.00% | 6.97% | Compare |
| AMOD Alpha Modus Holdings, Inc. | $59.5M | — (loss-making) | — | — | n/m | −72.95% (below 0%: shrinking) | — | 0.00% | Compare |
| THRY Thryv Holdings, Inc. | $52.9M | — (loss-making) | — (loss-making) | −28.39% (below 0%: shrinking) | n/m | −23.41% (below 0%: shrinking) | 62.74% | (0.76%) | Compare |
| MAPS WM Technology, Inc. | $51.9M | 14.0× | 4.7× | −5.35% (below 0%: shrinking) | +100.00% (above 0%: growing) | −57.80% (below 0%: shrinking) | 94.05% | 5.54% | Compare |
| Median of peers | $61.7M | 20.3× | 9.6× | +4.84% | +45.45% | −65.37% | 62.74% | (0.38%) |
Pay and ownership Proxy statement filed 13 July 2026
Ownership
Directors and executive officers, together
50.60% of the votes
Charles Cohn
48.40% of the votes
Entities affiliated with TCV
11.00% of the votes
Entities affiliated with Learn Capital
5.00% of the votes
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement