Nerdy (NRDY) Operating Expenses (2020 - 2026)

Nerdy's Operating Expenses history runs 7 years deep, the most recent figure standing at $23.9 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 15.82% year-over-year to $23.9 million; the TTM figure through Mar 2026 stood at $101.0 million (down 18.07% YoY), while the FY2025 annual figure was $105.5 million, down 16.83% from the prior year.
• Operating Expenses was $23.9 million for Q1 2026 at Nerdy, down from $24.7 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $35.5 million in Q3 2023 to a low of $23.9 million in Q1 2026.
• Historically, Operating Expenses has averaged $30.1 million across 5 years, with a median of $30.5 million in 2022.
• Biggest YoY gain for Operating Expenses was 130.34% in 2022; the steepest drop was 44.23% in 2022.
• A 5-year view of Operating Expenses shows it stood at $32.9 million in 2022, then declined by 6.81% to $30.6 million in 2023, then declined by 2.57% to $29.9 million in 2024, then decreased by 17.21% to $24.7 million in 2025, then decreased 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.