Nerdy NRDY
NYSE NRDY
$9.39 -0.24 (-2.49%)
At close: Sep 4, 2026 · 4:00 PM EDT

Nerdy (NRDY) Operating Expenses (2020 - 2026)

Nerdy (NRDY) posted Operating Expenses of $34.5 million for Q2 2026, down 9.49% on a QoQ basis from $38.1 million in Q1 2026, and down 14.13% year-over-year from $40.1 million in Q2 2025.

Analysis

Nerdy (NRDY) Operating Expenses (2020 - 2026) Analysis & Trends

Nerdy has reported Operating Expenses for 7 years, with the latest figure at $34.5 million in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 14.13% year-over-year to $34.5 million in Q2 2026; TTM through Jun 2026 was $153.8 million, a 16.72% decrease from a year earlier, with the FY2025 full-year figure at $165.6 million, down 16.55% from the prior year.
  • Operating Expenses was $34.5 million for Q2 2026 at Nerdy, down from $38.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $54.7 million in Q3 2023, with the low at $34.5 million in Q2 2026.
  • Average Operating Expenses over 5 years is $46.4 million, with a median of $48.5 million recorded in 2024.
  • The largest YoY upside for Operating Expenses was 92.1% in 2022 against a maximum downside of 36.95% in 2022.
  • Over 5 years, Operating Expenses stood at $49.9 million in 2022, then retreated by 0.95% to $49.4 million in 2023, then dropped by 2.44% to $48.2 million in 2024, then slipped by 19.28% to $38.9 million in 2025, then dropped by 11.5% to $34.5 million in 2026.
  • The last three Operating Expenses figures came in at $34.5 million (Q2 2026), $38.1 million (Q1 2026), and $38.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Duolingo 14.45 Bn 13.13 Bn 216.74 Mn 182.80 Mn
2 Youdao 3.62 Bn 3.50 Bn 105.66 Mn -89.22 Mn
3 Coursera 1.59 Bn 604.41 Mn 173.40 Mn 258.10 Mn
4 Docebo 712.07 Mn 666.36 Mn 54.53 Mn 51.95 Mn
5 51Talk Online Education 344.94 Mn 309.51 Mn 22.97 Mn -24.40 Mn
6 iHuman 124.70 Mn -34.09 Mn 17.68 Mn -19.15 Mn
7 Nerdy 119.95 Mn 90.19 Mn 27.98 Mn 34.46 Mn
8 Chegg 94.28 Mn 21.96 Mn 28.28 Mn 31.46 Mn
9 Skillsoft 60.79 Mn -57.58 Mn 78.61 Mn 102.80 Mn
10 Sunlands Technology 39.07 Mn 38.85 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 34.46 Mn
Mar 31, 2026 38.07 Mn
Dec 31, 2025 38.94 Mn
Sep 30, 2025 42.38 Mn
Jun 30, 2025 40.13 Mn
Mar 31, 2025 44.20 Mn
Dec 31, 2024 48.24 Mn
Sep 30, 2024 52.18 Mn
Jun 30, 2024 48.72 Mn
Mar 31, 2024 49.37 Mn
Dec 31, 2023 49.45 Mn
Sep 30, 2023 54.74 Mn
Jun 30, 2023 44.57 Mn
Mar 31, 2023 45.26 Mn
Dec 31, 2022 49.92 Mn
Sep 30, 2022 49.60 Mn
Jun 30, 2022 50.76 Mn
Mar 31, 2022 53.46 Mn
Dec 31, 2021 52.22 Mn
Sep 30, 2021 78.68 Mn