The earnings call highlighted strong growth in Learning Membership revenue and institutional bookings, driven by AI enhancements and operational efficiencies. Despite a decline in total revenue due to non-recurring items, the company's focus on AI-driven engagement and retention shows promise for future growth. However, seasonal revenue challenges and cautious institutional funding environments present ongoing challenges.

Company Guidance -

Q3 2025

During Nerdy, Inc.'s second quarter 2025 earnings call, the company highlighted several key metrics and strategic advancements aimed at driving growth and profitability. Learning Membership revenue grew by 4% year-over-year to $37.8 million, representing 84% of total revenue, with Active Members standing at 30,600 and an impressive 24% increase in average revenue per member per month (ARPM) to $348. Varsity Tutors for Schools bookings increased by 21% year-over-year, indicating strong demand for high-dosage tutoring services. Gross margin expanded sequentially by 350 basis points, contributing to a non-GAAP adjusted EBITDA loss of $2.7 million, which was better than the top end of guidance. The company's annualized run rate Learning Membership revenue reached $127.6 million, up 7% year-over-year, positioning Nerdy to achieve profitability by the fourth quarter. These results were driven by enhancements in the Live+AI platform, AI-powered product innovations, and operational efficiencies, with expectations for continued accelerated revenue growth and gross margin improvements throughout 2025.

Learning Membership Revenue Growth

Learning Membership revenue returned to year-over-year growth for the first time since Q2 2024, with a 4% increase, driven by AI-powered product enhancements.

Varsity Tutors for Schools Success

Varsity Tutors for Schools bookings grew by 21% year-over-year, supported by demand for high-dosage tutoring and a positive response to the Live+AI platform.

Gross Margin Expansion

Gross margin expanded by 350 basis points sequentially from the first quarter, with expectations for continued improvement throughout 2025.

Non-GAAP Adjusted EBITDA Improvement

The non-GAAP adjusted EBITDA loss of $2.7 million was better than expected, indicating progress towards profitability by Q4 2025.

AI Innovations and Customer Engagement

Introduction of AI-generated explanations and automated calendar invites led to higher engagement, better onboarding, and reduced cancellation rates.

Active Member and ARPM Growth

Active Members increased to 30,600 with ARPM reaching $348, a 24% year-over-year increase, driven by higher frequency Learning Memberships.

Institutional Business Progress

Institutional revenue was $7.3 million, with a significant increase in institutional bookings and AI tools resonating with district leaders.

Nerdy (NRDY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

NRDY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 17, 2025	2025 (Q3)	-0.13 / -	-0.14	―	―	―
Aug 07, 2025	2025 (Q2)	-0.07 / -0.04	-0.025	-64.00% (-0.02)	―
May 08, 2025	2025 (Q1)	-0.09 / -0.09	-0.009	-900.00% (-0.08)	―
Feb 27, 2025	2024 (Q4)	-0.09 / -0.06	0.059	-201.69% (-0.12)	―
Nov 07, 2024	2024 (Q3)	-0.15 / -0.14	-0.011	-1172.73% (-0.13)	―
Aug 08, 2024	2024 (Q2)	-0.03 / -0.03	0	―	―
May 07, 2024	2024 (Q1)	-0.02 / >-0.01	-0.09	90.00% (+0.08)	―
Feb 27, 2024	2023 (Q4)	-0.01 / 0.06	-0.08	173.75% (+0.14)	―
Nov 07, 2023	2023 (Q3)	-0.09 / -0.01	-0.11	90.00% (+0.10)	―
Aug 08, 2023	2023 (Q2)	-0.07 / 0.00	-0.135	―	―

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
Aug 07, 2025	$1.50	$1.28	-14.67%
May 08, 2025	$1.63	$1.53	-6.13%
Feb 27, 2025	$1.59	$1.52	-4.40%
Nov 07, 2024	$0.89	$0.82	-7.87%

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 Nov 17, 2025, After Close (Confirmed).

What is Nerdy (NRDY) earnings time?

Nerdy (NRDY) earnings time is at Nov 17, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is NRDY EPS forecast?

NRDY EPS forecast for the fiscal quarter 2025 (Q3) is -0.13.

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