Growth Metrics

Nerdy (NRDY) Gross Margin (2020 - 2025)

Nerdy has reported Gross Margin over the past 6 years, most recently at 50.97% for Q4 2025.

  • Quarterly results put Gross Margin at 50.97% for Q4 2025, down 1559.0% from a year ago — trailing twelve months through Dec 2025 was 57.98% (down 951.0% YoY), and the annual figure for FY2025 was 57.98%, down 951.0%.
  • Gross Margin for Q4 2025 was 50.97% at Nerdy, down from 62.93% in the prior quarter.
  • Over the last five years, Gross Margin for NRDY hit a ceiling of 72.43% in Q3 2023 and a floor of 50.97% in Q4 2025.
  • Median Gross Margin over the past 5 years was 68.06% (2022), compared with a mean of 66.54%.
  • Biggest five-year swings in Gross Margin: surged 341bps in 2023 and later crashed -1559bps in 2025.
  • Nerdy's Gross Margin stood at 68.21% in 2021, then grew by 3bps to 70.54% in 2022, then grew by 1bps to 71.29% in 2023, then dropped by -7bps to 66.55% in 2024, then dropped by -23bps to 50.97% in 2025.
  • The last three reported values for Gross Margin were 50.97% (Q4 2025), 62.93% (Q3 2025), and 61.51% (Q2 2025) per Business Quant data.