---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-337961"
form_type: "8-K"
ticker: "NRDY"
cik: "0001819404"
company_name: "Nerdy Inc."
filed_at: "2026-08-06T20:05:34+00:00"
generated_at: "2026-08-06T20:07:49.830423+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nerdy Q2 revenue $43.3M in line; loss narrows; cuts FY guidance on school exit

## Summary
- Q2 revenue $43.3M (-4% YoY), in line with $42-44M guidance; net loss improved to $6.9M from $12.0M YoY.
- Non-GAAP adjusted EBITDA loss $0.9M, improved from -$2.7M YoY; in line with guidance of -$2M to breakeven.
- Active Members 29.1k (-5% YoY), decline narrowed for 4th consecutive quarter; ARPM $366 (+5% YoY).
- Exiting First Tutors (UK) and shutting Varsity Tutors for Schools; expects $2-4M exit costs in Q3.
- FY 2026 revenue guidance cut to $168-175M (from $180-190M); year-end cash expected $30-32M (from $40-45M).

## SEC filing metadata
- accession: 0001193125-26-337961
- form_type: 8-K
- ticker: NRDY
- cik: 0001819404
- company_name: Nerdy Inc.
- filed_at: 2026-08-06T20:05:34+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819404/000119312526337961/0001193125-26-337961-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819404/000119312526337961/d70247d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-337961
- JSON: https://secwatch.observer/filing/0001193125-26-337961.json
- Plain text: https://secwatch.observer/filing/0001193125-26-337961.txt

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