Nerdy (NRDY)
NYSE:NRDY
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Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.06Last Year’s EPS
-0.04Same Quarter Last Year
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasizes a strong operational and financial inflection: the company beat revenue guidance, returned to positive adjusted EBITDA, delivered substantial gross and adjusted margin expansion, and demonstrated clear product velocity from its AI‑native V3 launch. Those positives are tempered by a still‑shrinking active member base (down 9% YoY), meaningful weakness in institutional bookings (Q1 bookings $1.1M vs $4M prior year), and seasonally weaker Q2 guidance that reflects near‑term revenue pressure. Management highlights structural cost improvements, improved cash and FCF trends, and early cohort signals that retention will improve as V3 rolls out more broadly, supporting confidence in a return to active member growth later in 2026.Company Guidance
Revenue Beat and Modest Top-Line Growth
Revenue of $48.7M beat the top end of guidance ($46M–$48M) and was up 2% year‑over‑year.
Profitability Turnaround and Margin Expansion
Non‑GAAP adjusted EBITDA was positive $1.0M (versus a $6.4M loss in Q1 2025), an improvement of ~$7M year‑over‑year; adjusted EBITDA margin expanded more than 1,500 basis points YoY (third consecutive quarter of sequential margin improvement).
Significant Gross Margin Improvement
Gross margin reached 66.2%, an increase of ~820 basis points year‑over‑year, driven in part by price increases and mix.
AI‑Native Product Velocity and New V3 Platform Launch
Launched V3 learner experience and Maya AI concierge plus mobile app, Tutor Gallery, Games and 350+ On‑Demand Courses; ~6,000 new customers onboarded directly to V3 and ~10,000 existing customers migrated during the back half of the quarter — early cohort signals show improved engagement and retention.
Durable Cost Efficiency and Operating Leverage
Fixed and variable costs declined: headcount down ~20% YoY while revenue is roughly flat; sales & marketing down 10% YoY to $14.2M; G&A down 16% YoY to $23.9M; company cites roughly $30M of annualized operating leverage and structural AI‑driven efficiencies.
Improved Liquidity and Free Cash Flow Progress
Ending cash of $44.7M and free cash flow improved to negative $3M (from negative $7.6M YoY); expect year‑end cash of $40M–$45M inclusive of $20M currently drawn on term loan.
NRDY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NRDY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $0.88 | $0.86 | -2.05% |
Feb 26, 2026 | $0.93 | $0.96 | +3.88% |
Nov 06, 2025 | $0.94 | $0.86 | -8.51% |
Aug 07, 2025 | $1.50 | $1.28 | -14.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Nerdy (NRDY) report earnings?
Nerdy (NRDY) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is Nerdy (NRDY) earnings time?
Nerdy (NRDY) earnings time is at Aug 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is NRDY EPS forecast?
NRDY EPS forecast for the fiscal quarter 2026 (Q2) is -0.06.