Nerdy (NRDY) Net Margin (2020 - 2026)
Nerdy (NRDY) posted Net Margin of 15.86% for Q2 2026, down 26.12% on a QoQ basis from 12.57% in Q1 2026, and up 1065.0% year-over-year from 1.36% in Q2 2025.
Analysis
Nerdy (NRDY) Net Margin (2020 - 2026) Analysis & Trends
Nerdy has reported Net Margin for 7 years, with the latest figure at 15.86% in Q2 2026.
- On a quarterly basis, Net Margin rose 1065.0% year-over-year to 15.86% in Q2 2026; TTM through Jun 2026 was 25.71%, a 1291.0% increase from a year earlier, with the FY2025 full-year figure at 34.05%, up 124.0% from the prior year.
- Net Margin was 15.86% for Q2 2026 at Nerdy, down from 12.57% in the prior quarter.
- The five-year high for Net Margin was 36.21% in Q2 2022, with the low at 101.72% in Q3 2022.
- Average Net Margin over 5 years is 35.13%, with a median of 30.73% recorded in 2024.
- The largest YoY upside for Net Margin was 8270 bps in 2022 against a maximum downside of 14962 bps in 2022.
- Over 5 years, Net Margin stood at 36.22% in 2022, then surged by 54 bps to 16.77% in 2023, then tumbled by 96 bps to 32.86% in 2024, then climbed by 13 bps to 28.59% in 2025, then soared by 45 bps to 15.86% in 2026.
- The last three Net Margin figures came in at 15.86% (Q2 2026), 12.57% (Q1 2026), and 28.59% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | 11.11% |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | 5.03% |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | -26.93% |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | 3.29% |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn | -7.43% |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn | 2.50% |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn | -15.86% |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | -5.69% |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | -45.68% |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -15.86% |
| Mar 31, 2026 | -12.57% |
| Dec 31, 2025 | -28.59% |
| Sep 30, 2025 | -50.67% |
| Jun 30, 2025 | -26.51% |
| Mar 31, 2025 | -33.93% |
| Dec 31, 2024 | -32.86% |
| Sep 30, 2024 | -66.50% |
| Jun 30, 2024 | -28.24% |
| Mar 31, 2024 | -22.36% |
| Dec 31, 2023 | -16.77% |
| Sep 30, 2023 | -51.19% |
| Jun 30, 2023 | -11.36% |
| Mar 31, 2023 | -65.58% |
| Dec 31, 2022 | -36.22% |
| Sep 30, 2022 | -101.72% |
| Jun 30, 2022 | 36.21% |
| Mar 31, 2022 | -67.65% |
| Dec 31, 2021 | -16.89% |
| Sep 30, 2021 | -184.42% |