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Nerdy Inc. income statement

In fiscal 2025, Nerdy Inc. reported revenue of $179m, down 5.9% on the year before, operating income of −$61.9m (a -34.6% margin) and net income of −$39.9m, or −$0.33 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

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

Fiscal year2019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue90104141163193190179178
Cost of revenue3135475057627570
Gross profit606994113136128104109
Selling and marketing3844657468726057
General and administrative424312213012612710697
Operating income−21−18−96−91−58−70−62−45
Interest expense254—————
Net interest income—−5−403———
Income before tax−22−25−31−64−68−67−61−46
Income tax00000000
Net income00−4−35−40−43−40−30
Diluted EPS$0.00$0.00−$0.05−$0.41−$0.41−$0.38−$0.33−$0.24
Diluted shares (average)——79m86m97m112m121m124m
EBITDA−19−17−96−90−57−69−61−45

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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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.