Highest-materiality recent filing
Nerdy Q2 revenue $43.3M in line; loss narrows; cuts FY guidance on school exit
Q2 revenue $43.3M (-4% YoY), in line with $42-44M guidance; net loss improved to $6.9M from $12.0M YoY.
Nerdy signs consulting agreement with former CFO Jason Pello; $223K plus RSU vesting
Former CFO Jason Pello will serve as consultant through Oct 3, 2026, receiving $223,125 in aggregate payments.
Nerdy Q1 revenue $48.7M beats guidance; positive adj. EBITDA $1.0M; member decline narrows to 9% YoY
Revenue $48.7M (+2% YoY), above $46-48M guidance; gross margin 66.2% vs 58.0% YoY.
Nerdy appoints Atul Bagga as CFO, issues FY2026 revenue guidance $180-190M
Jason Pello's service as CFO ended April 3, 2026; Atul Bagga appointed effective April 6, 2026.
Nerdy receives NYSE non-compliance notice for stock price below $1.00
NYSE notified Nerdy on March 5, 2026 that average closing price of Class A common stock was below $1.00 over 30 consecutive trading days.
Nerdy Q4 revenue $49.1M (+2% YoY), first positive adjusted EBITDA $1.3M, guides FY26 rev $180-190M
Q4 revenue $49.1M (top end of $45-47M guidance), up 2% YoY; net loss $14.0M vs $15.8M YoY.
Net loss $18.7M vs $25.0M a year ago; non-GAAP adjusted EBITDA loss $10.2M beats guidance range ($11M-$13M loss).
Nerdy enters $50M loan facility with Hercules Capital; draws $20M initially
Initial draw of $20M from first tranche; remaining $10M available until Dec 31, 2026.
Nerdy Q2 revenue $45.3M (-11% YoY); EBITDA loss $2.7M beats guidance; Learning Membership rev +4%
Total revenue $45.3M, down 11% YoY due to non-recurring state-funded program and lower Institutional revenue.
Nerdy Q1 revenue $47.6M beats guidance but down 11% YoY; net loss widens to $16.2M
Revenue of $47.6M beat top end of $45-47M guidance; down from $53.7M YoY due to fewer Learning Memberships.
Nerdy Q4 revenue $48M (-13% YoY), adjusted EBITDA loss $5.5M, beats guidance
Consumer revenue $41.0M (-6% YoY); Institutional revenue $6.8M (-40% YoY).
Nerdy receives NYSE non-compliance notice; average stock price below $1.00 for 30 days
NYSE notified Nerdy on Nov 12, 2024 that its avg closing price was <$1.00 over 30 consecutive trading days.
Nerdy Q3 revenue $37.5M (-7% YoY); net loss $25.0M; adj. EBITDA loss $14.0M beats guidance
Revenue $37.5M (down 7% YoY from $40.3M); gross margin 70.5% vs. 72.4% a year ago.
Nerdy Q2 revenue $51M (+4% YoY), net loss $14.4M; cuts guidance
Revenue $51.0M (+4% YoY) in line with guidance; net loss $14.4M vs $5.6M loss last year.
Nerdy Q1 revenue $53.7M (+9% YoY); Learning Memberships up 34%; positive adj EBITDA $24K
Consumer Learning Membership revenue $39.9M (+34% YoY), 74% of total revenue; Active Members 46.1K (+40% YoY).
Nerdy Q4 revenue $55.1M (+32% YoY); non-GAAP EBITDA positive $3.0M, beats guidance
Q4 revenue $55.1M (+32% YoY); Consumer subscription rev $43.5M (+109%); Institutional rev $11.3M (+160%).
Nerdy Q3 revenue $40.3M (+27% YoY) beats guidance; Q4 outlook $54-56M
Revenue $40.3M, above $38-40M guidance; net loss $20.6M vs $32.3M loss YoY.
0.250 shares of Class A per public warrant tendered; non-tendered warrants forced at 0.225 shares.
Nerdy Q2 revenue $48.8M (+16% YoY), beats guidance; positive adjusted EBITDA $1.3M
Revenue $48.8M (+16% YoY) above guidance $45-47M; GAAP net loss $5.6M, adjusted EBITDA positive $1.3M (beat -$3M to $0).
Nerdy Q1 rev $49.2M above guidance; turns EBITDA positive at $1.4M
Revenue of $49.2M up 5% YoY, above $45-47M guidance; returned to growth after J-Curve transition.
Q4 revenue $41.8M (above $39-41M guidance); FY22 revenue $162.7M (+16% YoY).
Nerdy Q3 revenue $31.8M in line; Learning Membership run-rate $50.2M; guides Q4 rev $39-41M
Revenue $31.8M (guidance $30-33M); net loss $(32.3)M vs $(57.7)M prior year; adjusted EBITDA loss $(14.0)M at high end of guidance.
Nerdy Q2 revenue $42.2M beats guidance; Active Learners up 36% YoY; FY22 outlook reaffirmed
Revenue $42.2M (+29% YoY) above guidance range of $37-40M; gross profit $28.8M (+35.2% YoY).
Nerdy posts record Q1 revenue $46.9M (+36% YoY); COO Ian Clarkson departs
Revenue $46.9M (record), bookings $48.5M, net loss ($31.7M) vs ($5.7M) YoY.
Nerdy reports record Q4 revenue of $42M, full year $140.7M; guides FY2022 revenue $196-200M
Full-year revenue $140.7M (+35% YoY); Q4 revenue $42.0M (+27% YoY); bookings $159.9M (+48% YoY).
Nerdy Q3 revenue $31.3M (+19%), launches K12 institutional strategy; guides Q4 rev $40-43M
Revenue $31.3M (+19% YoY); net loss $57.7M incl $7.2M transaction costs; adjusted EBITDA loss $11.7M.
Nerdy Inc. completes de-SPAC merger with Nerdy LLC; $336.8M cash + equity consideration
Legacy Nerdy holders received $336.8M cash, 18.58M Class A shares, 392,580 warrants, and 76.73M OpCo Units.
TPG Pace stockholders approve Nerdy merger; expects >$575M proceeds, closing Sept 20
Business Combination approved by ~95% of votes cast; all 13 proposals passed.
TPG Pace sets Sept 14 vote for Nerdy merger after SEC declares S-4 effective
SEC declared effective Form S-4 for TPG Pace's business combination with Nerdy.
On August 20, 2026, John Paszterko, our Chief Operating Officer, was notified of the Company’s decision to end his service as Chief Operating Officer effective immediately.
Jason Pello ceased serving as the Company’s Chief Financial Officer effective April 3, 2026.
Heidi Robinson, the Company’s Chief Product Officer who also effectively led the Company’s human resources and recruiting functions, will be departing the Company.
On August 4, 2022, the Board appointed Stuart Udell to serve as a director, filling the vacancy created by Mr. Blachford’s resignation.
On August 3, 2022, Erik Blachford resigned as a member of the Board of Directors (the “Board”) of Nerdy Inc. (the “Company”).
Ian Clarkson, the Company’s President and Chief Operating Officer, will be departing the Company.
Max materiality 0.85 · Median 0.70 · Most common event earnings