Nerdy (NRDY) Gross Margin (2020 - 2026)
Nerdy's quarterly Gross Margin came in at 66.22% in Q1 2026, up 821.0% year-on-year from 7.19% in Q1 2025, and up 29.93% quarter-over-quarter from 50.97% in Q4 2025.
Nerdy has reported Gross Margin for 7 years, with the latest figure at 66.22% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 821.0% year-over-year to 66.22%; the trailing twelve-month figure through Mar 2026 stood at 60.2% (down 470.0% YoY), and the FY2025 full-year result was 57.98%, down 951.0% from the prior year.
- Gross Margin for Q1 2026 stood at 66.22%, up from 50.97% in the prior quarter.
- The five-year high for Gross Margin was 72.43% in Q3 2023, with the low at 50.97% in Q4 2025.
- Average Gross Margin over 5 years is 66.49%, with a median of 68.16% recorded in 2022.
- Year-over-year, Gross Margin plunged 1559 bps in 2025 and jumped 821 bps in 2026.
- Tracing NRDY's Gross Margin over 5 years: stood at 70.54% in 2022, then grew by 1 bps to 71.29% in 2023, then dropped by 7 bps to 66.55% in 2024, then retreated by 23 bps to 50.97% in 2025, then climbed by 30 bps to 66.22% in 2026.
- The last three Gross Margin figures came in at 66.22% (Q1 2026), 50.97% (Q4 2025), and 62.93% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 72.98% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 77.61% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 48.77% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 75.07% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 85.65% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 89.62% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 48.28% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 79.05% |
| 10 | Nerdy | 100.78 Mn | 65.71 Mn | 32.27 Mn | 66.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 66.22% |
| Dec 31, 2025 | 50.97% |
| Sep 30, 2025 | 62.93% |
| Jun 30, 2025 | 61.51% |
| Mar 31, 2025 | 58.01% |
| Dec 31, 2024 | 66.55% |
| Sep 30, 2024 | 70.48% |
| Jun 30, 2024 | 65.68% |
| Mar 31, 2024 | 67.96% |
| Dec 31, 2023 | 71.29% |
| Sep 30, 2023 | 72.43% |
| Jun 30, 2023 | 69.82% |
| Mar 31, 2023 | 68.91% |
| Dec 31, 2022 | 70.54% |
| Sep 30, 2022 | 69.03% |
| Jun 30, 2022 | 68.16% |
| Mar 31, 2022 | 69.84% |
| Dec 31, 2021 | 68.21% |
| Sep 30, 2021 | 66.01% |
| Jun 30, 2021 | 64.88% |
| Mar 31, 2021 | 67.62% |
| Dec 31, 2020 | 68.37% |
| Sep 30, 2020 | 68.13% |