Nerdy Inc.(NRDY)Stock Analysis
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Rank #2,713 of 2,879 stocks
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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
NRDY Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Nerdy Inc. (NRDY), a Consumer Discretionary sector company. 13F Pro's AI-powered ranking engine scores NRDY at 17.8/100 on a 32-signal composite quality model, placing it at rank #2,713 of 2,879 stocks — the bottom half of the AI-ranked universe. Areas of concern include balance sheet strength (3.8) and free cash flow (17.1), which score below median versus the broader universe. Shareholder dilution risk is elevated at 12.1/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Nerdy Inc. reports quarterly revenue of $48.7M, net income of $-4.1M, free cash flow of $-3.0M. Top institutional holders of NRDY by reported 13-F value include BlackRock,, Technology Crossover Management VIII, Ltd., VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. NRDY trades on the NYSE exchange and files with the SEC under CIK 1819404. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate NRDY daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Nerdy Inc. directly from SEC EDGAR. Nerdy Inc.'s 13F Pro composite quality score has ranged between 8 and 43 since 2022, currently 17.8 — a declining long-term trajectory across 52 quarterly and live scoring snapshots.
Revenue
Q1 2026
$48.7M
Net Income
Q1 2026
$-4.1M
Free Cash Flow
Q1 2026
$-3.0M
D/E Ratio
Q1 2026
1.01
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-5.9% YoYNet Income
+6.3% YoYOperating Income
+11.8% YoYEPS (Diluted)
+13.2% YoYTotal Assets
-17.7% YoYTotal Debt
Op. Cash Flow
-20.8% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $179.0M -5.9% | $190.2M -1.6% | $193.4M +18.9% | $162.7M +15.6% | $140.7M +35.3% | $104.0M |
| Net Income | $-39.9M +6.3% | $-42.6M -6.0% | $-40.2M -13.5% | $-35.4M -836.7% | $-3.8M | $0.00 |
| Operating Income | $-61.9M +11.8% | $-70.1M -21.8% | $-57.6M +36.6% | $-90.8M +5.9% | $-96.5M -189.5% | $-33.3M |
| EPS (Diluted) | $-0.33 +13.2% | $-0.38 +7.3% | $-0.41 +0.0% | $-0.41 -720.0% | $-0.05 | $0.00 |
| Total Assets | $76.2M -17.7% | $92.5M -25.8% | $124.7M -6.0% | $132.7M -25.1% | $177.1M +209.3% | $57.3M |
| Total Debt | $19.3M | $0.00 | — | — | $0.00 -100.0% | $54.1M |
| Operating Cash Flow | $-18.8M -20.8% | $-15.6M -106.4% | $-7.6M +84.3% | $-48.0M -23.4% | $-38.9M -484.5% | $-6.7M |
AI Insight: NRDY Financial Trends
Nerdy's operating losses are narrowing sharply — Q1 2026 op loss of $6M is the best in eight quarters — but equity has collapsed from $52M to $19M, raising going-concern questions.
• Operating loss improved dramatically from $-26M in Q3 2024 to $-6M in Q1 2026, the narrowest loss in the observed period.
• Net loss shrank to $-4M in Q1 2026, the smallest quarterly net loss across all eight quarters reported.
• Equity has eroded continuously from $52M in Q2 2024 to $19M in Q1 2026, a 63% decline over eight quarters.
• Revenue has shown no clear growth trend, ranging $37M–$51M with Q1 2026 flat at $49M versus Q1 2025's $48M.
⚠ Equity stands at just $19M and equals total debt of $19M — any further losses could push book value to zero.
⚠ Operating cash flow remains persistently negative across all eight quarters; monitor whether loss improvement converts to positive OCF.
⚠ Seasonally weak Q3 revenue ($37M–$38M) versus Q4/Q1 — watch whether Q3 2026 loss narrows further, confirming structural improvement.
AI Insight: NRDY Ratio Trends
Q1 2026 operating margin surged to -11.9%, the least negative in the dataset, but profitability remains deeply negative across all metrics.
• Operating margin improved sharply from -51.5% in Q3 2025 to -11.9% in Q1 2026, the best quarterly reading in the visible history.
• Net profit margin narrowed from -33.2% in Q3 2025 to -8.4% in Q1 2026, continuing a recovery off the Q3 2025 trough.
• ROA improved from -69.8% in Q3 2025 to -22.3% in Q1 2026, though still deeply negative, signaling persistent asset inefficiency.
• D/E held steady near 1.01–1.02 across the quarters where data is available, indicating stable but meaningful leverage.
⚠ ROIC is only available for Q1 2026 at -59.9%, making trend assessment impossible — future quarters needed to judge capital efficiency trajectory.
⚠ TTM operating margin of -28.4% is far worse than the Q1 2026 quarterly read of -11.9%, suggesting seasonal distortions mask underlying losses.
⚠ ROE swung from -194.4% in Q4 2025 to -84.5% in Q1 2026 — volatile swings signal equity base erosion and earnings instability.
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Top Institutional Holders of NRDY
BlackRock, Inc.
$3.5M4,278,560 shTechnology Crossover Management VIII, Ltd.
$3.2M3,949,791 shVANGUARD CAPITAL MANAGEMENT LLC
$2.1M2,541,565 shFRANKLIN RESOURCES INC
$1.9M2,307,449 shGEODE CAPITAL MANAGEMENT, LLC
$1.4M1,671,838 shSTATE STREET CORP
$1.1M1,336,838 shNORTHERN TRUST CORP
$410.1K502,424 shAQR CAPITAL MANAGEMENT LLC
$364.0K445,918 shVANGUARD FIDUCIARY TRUST CO
$362.4K444,133 shGOLDMAN SACHS GROUP INC
$301.3K369,137 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $3.5M | 4,278,560 |
| Technology Crossover Management VIII, Ltd. | $3.2M | 3,949,791 |
| VANGUARD CAPITAL MANAGEMENT LLC | $2.1M | 2,541,565 |
| FRANKLIN RESOURCES INC | $1.9M | 2,307,449 |
| GEODE CAPITAL MANAGEMENT, LLC | $1.4M | 1,671,838 |
| STATE STREET CORP | $1.1M | 1,336,838 |
| NORTHERN TRUST CORP | $410.1K | 502,424 |
| AQR CAPITAL MANAGEMENT LLC | $364.0K | 445,918 |
| VANGUARD FIDUCIARY TRUST CO | $362.4K | 444,133 |
| GOLDMAN SACHS GROUP INC | $301.3K | 369,137 |
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Popular Research
Is NRDY a good stock to buy?
13F Pro's AI-powered analysis of Nerdy Inc. (NRDY) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Consumer Discretionary sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for NRDY are available on the NRDY stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own NRDY?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling NRDY. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Nerdy Inc.'s investment landscape.