---
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"
generated_at: "2026-05-14T21:59:09.385649+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819404/000119312526211882/0001193125-26-211882-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819404/000119312526211882/d326012d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-211882
- JSON: https://secwatch.observer/filing/0001193125-26-211882.json
- Plain text: https://secwatch.observer/filing/0001193125-26-211882.txt

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