earnings
confidence high
sentiment positive
materiality 0.80
Nerdy Q4 revenue $49.1M (+2% YoY), first positive adjusted EBITDA $1.3M, guides FY26 rev $180-190M
Nerdy Inc.
2025-FY EPS reported
-$0.33
revenue$178,988,000
- Q4 revenue $49.1M (top end of $45-47M guidance), up 2% YoY; net loss $14.0M vs $15.8M YoY.
- Non-GAAP adjusted EBITDA positive $1.3M, beating guidance of -$2.0M to breakeven; margin +1,400 bps YoY.
- Active Members 33.2k; ARPM $364 (+21% YoY); Learning Membership revenue +6% YoY to $41.6M.
- Gross margin (ex-abandonment charge) 66.8%, third consecutive quarterly expansion; Institutional revenue $7.2M (+6% YoY).
- FY26 guidance: revenue $180-190M; non-GAAP adjusted EBITDA approximately breakeven (1,000+ bps margin improvement vs FY25).