Nerdy (NRDY) EBITDA (2019 - 2026)
Nerdy (NRDY) posted EBITDA of -$6.5 million for Q2 2026, down 11.69% on a QoQ basis from -$5.8 million in Q1 2026, and up 47.3% year-over-year from -$4.4 million in Q2 2025.
Analysis
Nerdy (NRDY) EBITDA (2019 - 2026) Analysis & Trends
Nerdy has reported EBITDA for 8 years, with the latest figure at -$6.5 million in Q2 2026.
- On a quarterly basis, EBITDA rose 47.3% year-over-year to -$6.5 million in Q2 2026; TTM through Jun 2026 was -$45.3 million, a 36.16% increase from a year earlier, with the FY2025 full-year figure at -$61.9 million, up 11.76% from the prior year.
- EBITDA was -$6.5 million for Q2 2026 at Nerdy, down from -$5.8 million in the prior quarter.
- The five-year high for EBITDA was -$5.8 million in Q1 2026, with the low at -$27.7 million in Q3 2022.
- Average EBITDA over 5 years is -$16.3 million, with a median of -$15.8 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: EBITDA sank 364.35% in 2022, then jumped 65.04% in 2026.
- Over 5 years, EBITDA stood at -$20.4 million in 2022, then soared by 50.2% to -$10.2 million in 2023, then slumped by 60.22% to -$16.3 million in 2024, then gained by 14.68% to -$13.9 million in 2025, then soared by 53.44% to -$6.5 million in 2026.
- The last three EBITDA figures came in at -$6.5 million (Q2 2026), -$5.8 million (Q1 2026), and -$13.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | 33.95 Mn |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | 16.38 Mn |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | -84.70 Mn |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | 2.58 Mn |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn | -1.42 Mn |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn | -1.46 Mn |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn | -6.48 Mn |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | -3.18 Mn |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | -8.30 Mn |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - | 14.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.48 Mn |
| Mar 31, 2026 | -5.80 Mn |
| Dec 31, 2025 | -13.91 Mn |
| Sep 30, 2025 | -19.08 Mn |
| Jun 30, 2025 | -12.29 Mn |
| Mar 31, 2025 | -16.59 Mn |
| Dec 31, 2024 | -16.30 Mn |
| Sep 30, 2024 | -25.72 Mn |
| Jun 30, 2024 | -15.23 Mn |
| Mar 31, 2024 | -12.85 Mn |
| Dec 31, 2023 | -10.18 Mn |
| Sep 30, 2023 | -25.55 Mn |
| Jun 30, 2023 | -10.47 Mn |
| Mar 31, 2023 | -11.37 Mn |
| Dec 31, 2022 | -20.43 Mn |
| Sep 30, 2022 | -27.69 Mn |
| Jun 30, 2022 | -22.01 Mn |
| Mar 31, 2022 | -20.68 Mn |
| Dec 31, 2021 | -26.57 Mn |
| Sep 30, 2021 | -58.02 Mn |