Nerdy (NRDY) Operating Margin (2020 - 2026)
Nerdy's Operating Margin came in at -14.98% for Q2 2026, up 12.17 percentage points from -27.15% a year earlier but down 3.08 percentage points from the prior quarter.
Nerdy (NRDY) Operating Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nerdy reported Operating Margin of -25.42%, up 14.33 percentage points year-over-year; for FY2025, it was -34.56%, up 2.29 percentage points from FY2024.
- Operating Margin carries a five-year change of -17.31 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was -36.85% in FY2024 (-7.09 pp), -29.77% in FY2023 (+26.06 pp), -55.83% in FY2022 (+12.74 pp) and -68.57% in FY2021 (-51.32 pp).
- The five-year range for quarterly Operating Margin is -185.37% (Q3 2021) to -11.90% (Q1 2026).
- Year-over-year, Operating Margin has increased for five consecutive quarters, with an average year-over-year change of +3.62 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q3 2022 (a gain of 98.17 percentage points), and the weakest in Q3 2021 (a drop of 165.93 percentage points).
- Business Quant data shows NRDY's Operating Margin at -11.90% (Q1 2026), -28.32% (Q4 2025) and -51.55% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 29.64% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 0.96% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 7.97% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 27.75% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 13.58% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 11.37% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 22.24% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 8.22% |
| 10 | Nerdy | 107.68 Mn | -47.38 Mn | 27.98 Mn | -14.98% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.98% |
| Mar 31, 2026 | -11.90% |
| Dec 31, 2025 | -28.32% |
| Sep 30, 2025 | -51.55% |
| Jun 30, 2025 | -27.15% |
| Mar 31, 2025 | -34.85% |
| Dec 31, 2024 | -33.97% |
| Sep 30, 2024 | -68.54% |
| Jun 30, 2024 | -29.87% |
| Mar 31, 2024 | -23.92% |
| Dec 31, 2023 | -18.47% |
| Sep 30, 2023 | -63.41% |
| Jun 30, 2023 | -21.44% |
| Mar 31, 2023 | -23.12% |
| Dec 31, 2022 | -48.88% |
| Sep 30, 2022 | -87.20% |
| Jun 30, 2022 | -52.17% |
| Mar 31, 2022 | -44.07% |
| Dec 31, 2021 | -63.23% |
| Sep 30, 2021 | -185.37% |
Nerdy Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=NRDY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "NRDY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=NRDY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();