Nerdy Inc. Income Statement
NRDY|5 years of annual SEC 10-K data (FY2021-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 5 fiscal years. All figures from audited SEC 10-K filings.
Nerdy Inc. reported $179M in revenue and $40M in net loss for FY2025. Revenue has grown at a 6.2% compound annual rate over the past 4 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -6.38 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $179.0M | $190.2M | $140.7M | $104.0M | $140.7M |
| Cost of Revenue | $75.2M | $61.8M | $46.7M | $34.8M | $46.7M |
| Gross Profit | $103.8M | $128.4M | $94.0M | $69.1M | $94.0M |
| SG&A Expense | $105.5M | $126.9M | $122.0M | $43.2M | $122.0M |
| Operating Income | -$61.9M | -$70.1M | -$96.5M | -$17.9M | -$96.5M |
| Interest Expense | - | - | -$3.8M | -$4.8M | $3.8M |
| Income Tax | $159.0K | $115.0K | $40.0K | $0 | $40.0K |
| Net Income | -$39.9M | -$42.6M | -$3.8M | $0 | -$3.8M |
| EPS (Basic) | -$0.41 | -$0.41 | -$0.05 | $0.00 | $0.00 |
| EPS (Diluted) | -$0.41 | -$0.41 | -$0.05 | $0.00 | $0.00 |
| Shares Outstanding | 97.2M | 85.9M | 79.2M | 0 | 0 |
| Gross Margin | 58.0% | 67.5% | 66.8% | 66.5% | 66.8% |
| Operating Margin | -34.6% | -36.9% | -68.6% | -17.3% | -68.6% |
| Profit Margin | -22.3% | -22.4% | -2.7% | 0.0% | -2.7% |