Nerdy NRDY
NYSE NRDY
$9.39 -0.24 (-2.49%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Nerdy (NRDY) posted Cost of Revenue of $15.2 million for Q2 2026, down 7.38% on a QoQ basis from $16.5 million in Q1 2026, and down 12.48% year-over-year from $17.4 million in Q2 2025.

Analysis

Nerdy (NRDY) Cost of Revenue (2020 - 2026) Analysis & Trends

Nerdy has reported Cost of Revenue for 7 years, with the latest figure at $15.2 million in Q2 2026.

  • On a quarterly basis, Cost of Revenue fell 12.48% year-over-year to $15.2 million in Q2 2026; TTM through Jun 2026 was $69.5 million, a 7.71% increase from a year earlier, with the FY2025 full-year figure at $75.2 million, up 21.62% from the prior year.
  • Cost of Revenue was $15.2 million for Q2 2026 at Nerdy, down from $16.5 million in the prior quarter.
  • The five-year high for Cost of Revenue was $24.1 million in Q4 2025, with the low at $9.8 million in Q3 2022.
  • Average Cost of Revenue over 5 years is $15.3 million, with a median of $15.3 million recorded in 2023.
  • The sharpest annual moves came in 2025 and 2026: Cost of Revenue soared 50.02% in 2025, then slipped 17.63% in 2026.
  • Over 5 years, Cost of Revenue stood at $12.3 million in 2022, then rose by 28.42% to $15.8 million in 2023, then advanced by 1.5% to $16.1 million in 2024, then jumped by 50.02% to $24.1 million in 2025, then tumbled by 36.68% to $15.2 million in 2026.
  • The last three Cost of Revenue figures came in at $15.2 million (Q2 2026), $16.5 million (Q1 2026), and $24.1 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Duolingo 14.45 Bn 13.13 Bn 216.74 Mn 81.71 Mn
2 Youdao 3.62 Bn 3.50 Bn 105.66 Mn 110.53 Mn
3 Coursera 1.59 Bn 604.41 Mn 173.40 Mn 125.20 Mn
4 Docebo 712.07 Mn 666.36 Mn 54.53 Mn 14.12 Mn
5 51Talk Online Education 344.94 Mn 309.51 Mn 22.97 Mn 8.21 Mn
6 iHuman 124.70 Mn -34.09 Mn 17.68 Mn 8.77 Mn
7 Nerdy 119.95 Mn 90.19 Mn 27.98 Mn 15.25 Mn
8 Chegg 94.28 Mn 21.96 Mn 28.28 Mn 23.57 Mn
9 Skillsoft 60.79 Mn -57.58 Mn 78.61 Mn 15.89 Mn
10 Sunlands Technology 39.07 Mn 38.85 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 15.25 Mn
Mar 31, 2026 16.46 Mn
Dec 31, 2025 24.08 Mn
Sep 30, 2025 13.72 Mn
Jun 30, 2025 17.42 Mn
Mar 31, 2025 19.98 Mn
Dec 31, 2024 16.05 Mn
Sep 30, 2024 11.08 Mn
Jun 30, 2024 17.50 Mn
Mar 31, 2024 17.21 Mn
Dec 31, 2023 15.81 Mn
Sep 30, 2023 11.11 Mn
Jun 30, 2023 14.74 Mn
Mar 31, 2023 15.29 Mn
Dec 31, 2022 12.31 Mn
Sep 30, 2022 9.84 Mn
Jun 30, 2022 13.43 Mn
Mar 31, 2022 14.15 Mn
Dec 31, 2021 13.36 Mn
Sep 30, 2021 10.64 Mn