Nerdy Q1 revenue $48.7M beats guidance; positive adj. EBITDA $1.0M; member decline narrows to 9% YoY

Nerdy Inc.

2026-Q1 EPS reported -$0.03 revenue$48,735,000

Revenue $48.7M (+2% YoY), above $46-48M guidance; gross margin 66.2% vs 58.0% YoY.
Adjusted EBITDA positive $1.0M vs loss $6.4M YoY, beating approx breakeven guidance.
Active Members 36.9k (-9% YoY), decline narrowed for third straight quarter; ARPM $374 (+12%).
Net loss $6.1M improved from $16.2M YoY; cash $44.7M.
FY2026 guidance reaffirmed: revenue $180-190M, adj. EBITDA approx breakeven; Q2 guidance $42-44M revenue.

item 2.02 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001193125-26-211882
form_type: 8-K
ticker: NRDY
cik: 0001819404
company_name: Nerdy Inc.
filed_at: 2026-05-07T23:59:59+00:00
discovered_at: 2026-05-14T18:02:32.992812+00:00
generated_at: 2026-05-14T21:59:09.385649+00:00
sec_items: ["2.02", "9.01"]
event_type: earnings
sentiment: positive
materiality_score: 0.75
confidence: high
secwatch_canonical_url: https://secwatch.observer/filing/0001193125-26-211882
json_url: https://secwatch.observer/filing/0001193125-26-211882.json
markdown_url: https://secwatch.observer/filing/0001193125-26-211882.md
text_url: https://secwatch.observer/filing/0001193125-26-211882.txt
edgar_index_url: https://www.sec.gov/Archives/edgar/data/1819404/000119312526211882/0001193125-26-211882-index.htm
edgar_primary_document_url: https://www.sec.gov/Archives/edgar/data/1819404/000119312526211882/d326012d8k.htm
generated_by_model: deepseek-v4-flash:cloud@v2
review_status: machine_generated
human_reviewed: false
corrected: false
correction_note: null
correction_timestamp: null
superseded_by: null

JSON Markdown Plain text

Source: SEC EDGAR

accession 0001193125-26-211882

view filing index on sec.gov

view primary document

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.