Nerdy (NRDY) Operating Expenses (2020 - 2026)

For the trailing twelve months through Jun 30, 2026, Operating Expenses at Nerdy was $97.34 million, down 16.6% year-over-year; for FY2025, it was $105.52 million, down 16.8% from FY2024.

• Annual Operating Expenses shows a five-year compound annual growth rate of 19.5% (FY2020 to FY2025).
• In prior years, Nerdy's Operating Expenses was $126.88 million in FY2024 (+1.0%), $125.57 million in FY2023 (-3.1%), $129.56 million in FY2022 (+6.2%) and $121.97 million in FY2021 (+182.1%).
• The Q2 2026 figure stands as the lowest quarterly Operating Expenses since Q2 2021.
• On a year-over-year basis, Operating Expenses has declined in each of the last eight quarters, with an average decline of 13.7% over the last eight quarters.
• The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2021, with growth of 510.1%; the weakest was Q3 2022, with a decline of 44.2%.
• According to Business Quant data, Operating Expenses for the three prior quarters was $23.92 million (Q1 2026), $24.72 million (Q4 2025) and $25.82 million (Q3 2025).