---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-175419"
form_type: "8-K"
ticker: "NRDY"
cik: "0001819404"
company_name: "Nerdy Inc."
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T18:10:42.557415+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nerdy Q2 revenue $45.3M (-11% YoY); EBITDA loss $2.7M beats guidance; Learning Membership rev +4%

## Summary
- Total revenue $45.3M, down 11% YoY due to non-recurring state-funded program and lower Institutional revenue.
- Net loss $12.0M vs $14.4M loss in Q2 2024; adjusted EBITDA loss $2.7M beat guidance of -$3.0M to -$6.0M.
- Learning Membership revenue $37.8M (+4% YoY); Active Members 30.6k; ARPM $348 (+24% YoY).
- Q3 2025 revenue guidance $37-40M; FY revenue $191-197M; on track for adjusted EBITDA profitability in Q4.
- Varsity Tutors for Schools bookings $4.9M (+21% YoY); cash $36.7M no debt.

## SEC filing metadata
- accession: 0001193125-25-175419
- form_type: 8-K
- ticker: NRDY
- cik: 0001819404
- company_name: Nerdy Inc.
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819404/000119312525175419/0001193125-25-175419-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819404/000119312525175419/d38748d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-175419
- JSON: https://secwatch.observer/filing/0001193125-25-175419.json
- Plain text: https://secwatch.observer/filing/0001193125-25-175419.txt

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