Nerdy (NRDY) Gross Margin (2020 - 2026)
Nerdy (NRDY) posted Gross Margin of 64.73% for Q2 2026, up 3.22 percentage points from 61.51% a year earlier but down 1.49 percentage points from the prior quarter.
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Analysis
Nerdy (NRDY) Gross Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Nerdy was 60.97%, down 2.85 percentage points year-over-year; for FY2025, it came in at 57.98%, down 9.51 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of -8.51 percentage points (FY2020 to FY2025).
- In prior years, Nerdy's Gross Margin was 67.49% in FY2024 (-3.06 pp), 70.55% in FY2023 (+1.13 pp), 69.43% in FY2022 (+2.63 pp) and 66.80% in FY2021 (+0.30 pp).
- Quarterly Gross Margin has run from a low of 50.97% in Q4 2025 to a high of 72.43% in Q3 2023 over five years.
- On a year-over-year basis, Gross Margin increased in two of the last eight quarters, with an average year-over-year change of -4.06 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2026, with a gain of 8.21 percentage points; the weakest was Q4 2025, with a drop of 15.59 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 66.22% (Q1 2026), 50.97% (Q4 2025) and 62.93% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 75.00% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 77.21% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 27.04% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 81.74% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 69.43% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 72.62% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 56.53% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 78.70% |
| 10 | Nerdy | 107.68 Mn | -47.38 Mn | 27.98 Mn | 64.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.73% |
| 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% |
API Access
Nerdy Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=NRDY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "NRDY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=NRDY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();