Growth Metrics

Nerdy (NRDY) Operating Expenses (2020 - 2026)

Nerdy's quarterly Operating Expenses came in at $23.9 million in Q1 2026, down 15.82% year-on-year from $28.4 million in Q1 2025, and down 3.27% quarter-over-quarter from $24.7 million in Q4 2025.

Nerdy has reported Operating Expenses for 7 years, with the latest figure at $23.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 15.82% year-over-year to $23.9 million; the trailing twelve-month figure through Mar 2026 stood at $101.0 million (down 18.07% YoY), and the FY2025 full-year result was $105.5 million, down 16.83% from the prior year.
  • Operating Expenses for Q1 2026 stood at $23.9 million, down from $24.7 million in the prior quarter.
  • The five-year high for Operating Expenses was $35.5 million in Q3 2023, with the low at $23.9 million in Q1 2026.
  • Average Operating Expenses over 5 years is $30.1 million, with a median of $30.5 million recorded in 2022.
  • Peak annual rise in Operating Expenses reached 130.34% in 2022, while the deepest fall reached 44.23% in 2022.
  • Tracing NRDY's Operating Expenses over 5 years: stood at $32.9 million in 2022, then fell by 6.81% to $30.6 million in 2023, then fell by 2.57% to $29.9 million in 2024, then slipped by 17.21% to $24.7 million in 2025, then slipped by 3.27% to $23.9 million in 2026.
  • The last three Operating Expenses figures came in at $23.9 million (Q1 2026), $24.7 million (Q4 2025), and $25.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -7.98 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 6.82 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 11.28 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 1.16 Bn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 2.33 Bn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 1.04 Bn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 3.32 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 4.23 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 4.54 Bn
10 Nerdy 100.78 Mn 65.71 Mn 32.27 Mn 23.92 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 23.92 Mn
Dec 31, 2025 24.72 Mn
Sep 30, 2025 25.82 Mn
Jun 30, 2025 26.57 Mn
Mar 31, 2025 28.41 Mn
Dec 31, 2024 29.86 Mn
Sep 30, 2024 31.86 Mn
Jun 30, 2024 33.18 Mn
Mar 31, 2024 31.98 Mn
Dec 31, 2023 30.65 Mn
Sep 30, 2023 35.51 Mn
Jun 30, 2023 29.71 Mn
Mar 31, 2023 29.70 Mn
Dec 31, 2022 32.89 Mn
Sep 30, 2022 33.41 Mn
Jun 30, 2022 32.75 Mn
Mar 31, 2022 30.51 Mn
Dec 31, 2021 34.29 Mn
Sep 30, 2021 59.90 Mn
Jun 30, 2021 14.53 Mn
Mar 31, 2021 13.25 Mn
Dec 31, 2020 12.77 Mn
Sep 30, 2020 9.82 Mn