Nerdy NRDY
NYSE NRDY
$9.39 -0.24 (-2.49%)
At close: Sep 4, 2026 · 4:00 PM EDT

Nerdy (NRDY) Gross Margin (2020 - 2026)

Nerdy (NRDY) posted Gross Margin of 64.73% for Q2 2026, down 2.25% on a QoQ basis from 66.22% in Q1 2026, and up 322.0% year-over-year from 15.34% in Q2 2025.

Analysis

Nerdy (NRDY) Gross Margin (2020 - 2026) Analysis & Trends

Nerdy has reported Gross Margin for 7 years, with the latest figure at 64.73% in Q2 2026.

  • On a quarterly basis, Gross Margin rose 322.0% year-over-year to 64.73% in Q2 2026; TTM through Jun 2026 was 60.97%, a 285.0% decrease from a year earlier, with the FY2025 full-year figure at 57.98%, down 951.0% from the prior year.
  • Gross Margin was 64.73% for Q2 2026 at Nerdy, down from 66.22% 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 66.39%, with a median of 68.06% recorded in 2022.
  • The sharpest annual moves came in 2025 and 2026: Gross Margin tumbled 1559 bps in 2025, then soared 821 bps in 2026.
  • Over 5 years, Gross Margin 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 27 bps to 64.73% in 2026.
  • The last three Gross Margin figures came in at 64.73% (Q2 2026), 66.22% (Q1 2026), and 50.97% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Duolingo 14.45 Bn 13.13 Bn 216.74 Mn 72.62%
2 Youdao 3.62 Bn 3.50 Bn 105.66 Mn 48.87%
3 Coursera 1.59 Bn 604.41 Mn 173.40 Mn 58.07%
4 Docebo 712.07 Mn 666.36 Mn 54.53 Mn 79.44%
5 51Talk Online Education 344.94 Mn 309.51 Mn 22.97 Mn 73.66%
6 iHuman 124.70 Mn -34.09 Mn 17.68 Mn 66.84%
7 Nerdy 119.95 Mn 90.19 Mn 27.98 Mn 64.73%
8 Chegg 94.28 Mn 21.96 Mn 28.28 Mn 54.55%
9 Skillsoft 60.79 Mn -57.58 Mn 78.61 Mn 83.19%
10 Sunlands Technology 39.07 Mn 38.85 Mn - -
Historic Data

Historic Data

Download Data
DateValue
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%