Nerdy Inc. balance sheet

At the end of fiscal 2025, Nerdy Inc. had total assets of $76.2m, total liabilities of $47.2m and shareholders' equity of $19.0m. It held $47.9m in cash against $19.3m of debt.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Nerdy Inc.: balance sheet, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	25	29	144	91	75	53	48	38
Receivables	—	0	5	12	15	7	6	4
Total current assets	0	32	155	108	95	65	58	46
Goodwill	—	6	6	6	6	6	6	6
Total assets	0	57	177	133	125	93	76	65
Accounts payable	—	4	4	3	3	3	3	4
Deferred revenue (current)	—	17	30	26	20	15	14	6
Total current liabilities	0	34	42	37	36	28	26	17
Short-term debt	—	7	0	—	—	—	—	—
Long-term debt	—	41	0	—	—	0	19	20
Total debt	0	48	0	0	0	0	19	20
Total liabilities	0	77	81	52	39	31	47	39
Shareholders' equity	0	−398	51	47	52	39	19	17
Non-controlling interests and other (assets − liabilities − equity)	—	379	45	34	33	22	10	9

US$ millions unless shown otherwise. Fiscal quarters.

Nerdy Inc.: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	7	7	6	6	6	6	5	4
Total current assets	78	65	56	48	44	58	54	46
Goodwill	6	6	6	6	6	6	6	6
Total assets	107	93	83	74	70	76	73	65
Accounts payable	6	3	4	4	6	3	5	4
Deferred revenue (current)	16	15	13	10	16	14	10	6
Total current liabilities	36	28	27	22	31	26	23	17
Long-term debt	—	0	—	—	—	19	19	20
Total debt	—	0	—	—	—	19	19	20
Total liabilities	39	31	30	25	33	47	44	39
Shareholders' equity	43	39	34	32	24	19	19	17
Non-controlling interests and other (assets − liabilities − equity)	24	22	19	17	13	10	10	9

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

Compare with peers

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Figures from Nerdy Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Nerdy Inc.