---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-076562"
form_type: "8-K"
ticker: "NRDY"
cik: "0001819404"
company_name: "Nerdy Inc."
filed_at: "2026-02-26T23:59:59+00:00"
generated_at: "2026-05-15T23:45:46.661080+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Nerdy Q4 revenue $49.1M (+2% YoY), first positive adjusted EBITDA $1.3M, guides FY26 rev $180-190M

## Summary
- 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).

## SEC filing metadata
- accession: 0001193125-26-076562
- form_type: 8-K
- ticker: NRDY
- cik: 0001819404
- company_name: Nerdy Inc.
- filed_at: 2026-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819404/000119312526076562/0001193125-26-076562-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819404/000119312526076562/d45653d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-076562
- JSON: https://secwatch.observer/filing/0001193125-26-076562.json
- Plain text: https://secwatch.observer/filing/0001193125-26-076562.txt

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