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
DateValue
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