Nerdy (NRDY) Operating Expenses (2020 - 2026)
Nerdy's (NRDY) quarterly Operating Expenses came in at $38.1 million in Q1 2026, down 13.86% year-on-year from $44.2 million in Q1 2025, and down 2.23% quarter-over-quarter from $38.9 million in Q4 2025.
Nerdy (NRDY) Operating Expenses (2020 - 2026) Analysis & Trends
Nerdy's Operating Expenses history runs 7 years deep, the most recent figure standing at $38.1 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 13.86% year-over-year to $38.1 million in Q1 2026; TTM through Mar 2026 was $159.5 million, a 17.49% decrease from a year earlier, with the FY2025 full-year figure at $165.6 million, down 16.55% from the prior year.
- Operating Expenses declined to $38.1 million in Q1 2026 per NRDY's latest filing, from $38.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $54.7 million in Q3 2023 and bottomed at $38.1 million in Q1 2026.
- The 5-year median for Operating Expenses is $48.7 million (2024), against an average of $47.1 million.
- Biggest YoY gain for Operating Expenses was 92.1% in 2022; the steepest drop was 36.95% in 2022.
- Year by year, Operating Expenses stood at $49.9 million in 2022, then fell by 0.95% to $49.4 million in 2023, then slipped by 2.44% to $48.2 million in 2024, then decreased by 19.28% to $38.9 million in 2025, then dropped by 2.23% to $38.1 million in 2026.
- Per Business Quant, the three latest NRDY Operating Expenses figures stand at $38.1 million (Q1 2026), $38.9 million (Q4 2025), and $42.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 Bn |
| 10 | Nerdy | 103.16 Mn | 68.10 Mn | 32.27 Mn | 38.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 28.69 Mn |