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
DateValue
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%