Nerdy (NRDY) Net Margin (2020 - 2026)
Nerdy's Net Margin came in at -10.76% for Q2 2026, up 6.68 percentage points from -17.45% a year earlier but down 2.40 percentage points from the prior quarter.
Nerdy (NRDY) Net Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nerdy reported Net Margin of -16.99%, up 7.92 percentage points year-over-year; for FY2025, it came in at -22.30%, up 0.08 percentage points from FY2024.
- Net Margin carries a five-year change of +9.74 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was -22.39% in FY2024 (-1.61 pp), -20.77% in FY2023 (+0.99 pp), -21.76% in FY2022 (-19.08 pp) and -2.69% in FY2021 (+29.36 pp).
- The five-year range for quarterly Net Margin is -67.98% (Q3 2021) to 41.64% (Q4 2021).
- Year-over-year, Net Margin has increased for five consecutive quarters, with an average year-over-year change of +0.17 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q4 2021 (a gain of 142.52 percentage points), and the weakest in Q1 2022 (a drop of 117.86 percentage points).
- Business Quant data shows NRDY's Net Margin at -8.36% (Q1 2026), -18.81% (Q4 2025) and -33.19% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 29.47% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 3.19% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 8.07% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 19.80% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | -48.53% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 11.11% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 16.91% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 5.95% |
| 10 | Nerdy | 107.68 Mn | -47.38 Mn | 27.98 Mn | -10.76% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.76% |
| Mar 31, 2026 | -8.36% |
| Dec 31, 2025 | -18.81% |
| Sep 30, 2025 | -33.19% |
| Jun 30, 2025 | -17.45% |
| Mar 31, 2025 | -22.05% |
| Dec 31, 2024 | -21.14% |
| Sep 30, 2024 | -42.37% |
| Jun 30, 2024 | -17.84% |
| Mar 31, 2024 | -13.86% |
| Dec 31, 2023 | -10.27% |
| Sep 30, 2023 | -30.50% |
| Jun 30, 2023 | -6.75% |
| Mar 31, 2023 | -38.49% |
| Dec 31, 2022 | -20.89% |
| Sep 30, 2022 | -58.31% |
| Jun 30, 2022 | 20.61% |
| Mar 31, 2022 | -35.90% |
| Dec 31, 2021 | 41.64% |
| Sep 30, 2021 | -67.98% |
Nerdy Net 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=net-margin&ticker=NRDY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=NRDY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();