---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-057871"
form_type: "8-K"
ticker: "NRDY"
cik: "0001819404"
company_name: "Nerdy Inc."
filed_at: "2022-02-28T23:59:59+00:00"
generated_at: "2026-06-27T03:49:03.637424+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nerdy reports record Q4 revenue of $42M, full year $140.7M; guides FY2022 revenue $196-200M

## Summary
- Full-year revenue $140.7M (+35% YoY); Q4 revenue $42.0M (+27% YoY); bookings $159.9M (+48% YoY).
- Net loss for 2021 was $(30.7)M; adjusted EBITDA loss $(22.4)M vs $(8.9)M in 2020.
- Active Learners grew 46% YoY; Online Sessions up 73%; signed 100 school district contracts since Aug 2021.
- FY2022 revenue guidance $196-200M (>40% growth at midpoint); Q1'22 guidance $45-48M.
- Balance sheet has $144M cash and no debt; capital sufficient to fund growth and targeted M&A.

## SEC filing metadata
- accession: 0001193125-22-057871
- form_type: 8-K
- ticker: NRDY
- cik: 0001819404
- company_name: Nerdy Inc.
- filed_at: 2022-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819404/000119312522057871/0001193125-22-057871-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819404/000119312522057871/d69511d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-057871
- JSON: https://secwatch.observer/filing/0001193125-22-057871.json
- Plain text: https://secwatch.observer/filing/0001193125-22-057871.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.