Nerdy (NRDY) Cost of Revenue (2020 - 2026)

Nerdy has reported Cost of Revenue for 7 years, with the latest figure at $16.5 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue fell 17.63% year-over-year to $16.5 million; the trailing twelve-month figure through Mar 2026 stood at $58.0 million (up 75.92% YoY), and the FY2025 full-year result was $60.1 million, up 51.85% from the prior year.
• Cost of Revenue for Q1 2026 stood at $16.5 million, up from $14.2 million in the prior quarter.
• The five-year high for Cost of Revenue was $20.0 million in Q1 2025, with the low at -$13.7 million in Q4 2024.
• Average Cost of Revenue over 5 years is $12.6 million, with a median of $14.2 million recorded in 2025.
• Year-over-year, Cost of Revenue tumbled 186.32% in 2024 and surged 204.15% in 2025.
• Tracing NRDY's Cost of Revenue over 5 years: stood at $7.7 million in 2022, then soared by 105.51% to $15.8 million in 2023, then plunged by 186.32% to -$13.7 million in 2024, then surged by 204.15% to $14.2 million in 2025, then climbed by 15.78% to $16.5 million in 2026.
• The last three Cost of Revenue figures came in at $16.5 million (Q1 2026), $14.2 million (Q4 2025), and $13.7 million (Q3 2025), per Business Quant data.

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