Nerdy (NRDY) Gross Margin (2020 - 2026)
Nerdy's (NRDY) 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 (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.
- On a quarterly basis, Gross Margin rose 821.0% year-over-year to 66.22% in Q1 2026; TTM through Mar 2026 was 60.2%, a 470.0% decrease from a year earlier, with the FY2025 full-year figure at 57.98%, down 951.0% from the prior year.
- Gross Margin climbed to 66.22% in Q1 2026 per NRDY's latest filing, from 50.97% in the prior quarter.
- Across five years, Gross Margin topped out at 72.43% in Q3 2023 and bottomed at 50.97% in Q4 2025.
- The 5-year median for Gross Margin is 68.16% (2022), against an average of 66.49%.
- Across the five-year window, Gross Margin plunged 1559 bps in 2025 and jumped 821 bps in 2026, its largest moves.
- Year by year, Gross Margin stood at 70.54% in 2022, then climbed by 1 bps to 71.29% in 2023, then slipped by 7 bps to 66.55% in 2024, then fell by 23 bps to 50.97% in 2025, then advanced by 30 bps to 66.22% in 2026.
- Per Business Quant, the three latest NRDY Gross Margin figures stand at 66.22% (Q1 2026), 50.97% (Q4 2025), and 62.93% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 48.77% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 45.03% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 76.92% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 48.28% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 66.61% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 95.85% |
| 10 | Nerdy | 103.16 Mn | 68.10 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% |