Nerdy (NRDY) Gross Margin (2020 - 2026)
Nerdy (NRDY) posted quarterly Gross Margin of 66.22% for Q1 2026, up 821.0% year-over-year from 7.19% in Q1 2025, and up 29.93% quarter-over-quarter from 50.97% in Q4 2025.
Nerdy (NRDY) Gross Margin (2020 - 2026) Analysis & Trends
Nerdy's Gross Margin history runs 7 years deep, the most recent figure standing at 66.22% for Q1 2026.
- In Q1 2026, Gross Margin rose 821.0% year-over-year to 66.22%; the TTM figure through Mar 2026 stood at 60.2% (down 470.0% YoY), while the FY2025 annual figure 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.
- The 5-year median for Gross Margin is 68.16% (2022), against an average of 66.49%.
- The sharpest annual moves came in 2025 and 2026: Gross Margin tumbled 1559 bps in 2025, then jumped 821 bps in 2026.
- Nerdy's Gross Margin stood at 70.54% in 2022, then advanced by 1 bps to 71.29% in 2023, then decreased by 7 bps to 66.55% in 2024, then declined by 23 bps to 50.97% in 2025, then gained by 30 bps to 66.22% in 2026.
- Business Quant data shows NRDY's Gross Margin at 66.22% in Q1 2026, 50.97% in Q4 2025, and 62.93% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 84.61% |
| 10 | Nerdy | 135.45 Mn | 105.69 Mn | 27.98 Mn | 64.73% |
Historic Data
Download 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% |