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Nerdy (NRDY) Cost of Revenue (2020 - 2025)

Nerdy has reported Cost of Revenue over the past 6 years, most recently at -$15.0 million for Q4 2025.

  • Quarterly results put Cost of Revenue at -$15.0 million for Q4 2025, down 141.53% from a year ago — trailing twelve months through Dec 2025 was $34.8 million (down 12.48% YoY), and the annual figure for FY2025 was $30.9 million, down 21.83%.
  • Cost of Revenue for Q4 2025 was -$15.0 million at Nerdy, down from $16.6 million in the prior quarter.
  • Over the last five years, Cost of Revenue for NRDY hit a ceiling of $18.0 million in Q2 2022 and a floor of -$15.0 million in Q4 2025.
  • Median Cost of Revenue over the past 5 years was $11.4 million (2021), compared with a mean of $9.9 million.
  • Biggest five-year swings in Cost of Revenue: soared 346.08% in 2022 and later plummeted 425.09% in 2024.
  • Nerdy's Cost of Revenue stood at -$3.1 million in 2021, then soared by 346.08% to $7.7 million in 2022, then plummeted by 75.24% to $1.9 million in 2023, then plummeted by 425.09% to -$6.2 million in 2024, then crashed by 141.53% to -$15.0 million in 2025.
  • The last three reported values for Cost of Revenue were -$15.0 million (Q4 2025), $16.6 million (Q3 2025), and $17.4 million (Q2 2025) per Business Quant data.