Nerdy (NRDY) Research & Development (2020 - 2026)
Nerdy (NRDY) posted Research & Development of $11.6 million for Q2 2026, down 18.27% on a QoQ basis from $14.2 million in Q1 2026, and down 14.66% year-over-year from $13.6 million in Q2 2025.
Analysis
Nerdy (NRDY) Research & Development (2020 - 2026) Analysis & Trends
Nerdy has reported Research & Development for 7 years, with the latest figure at $11.6 million in Q2 2026.
- On a quarterly basis, Research & Development fell 14.66% year-over-year to $11.6 million in Q2 2026; TTM through Jun 2026 was $56.5 million, a 16.95% decrease from a year earlier, with the FY2025 full-year figure at $60.1 million, down 16.06% from the prior year.
- Research & Development was $11.6 million for Q2 2026 at Nerdy, down from $14.2 million in the prior quarter.
- The five-year high for Research & Development was $22.9 million in Q1 2022, with the low at $11.6 million in Q2 2026.
- Average Research & Development over 5 years is $16.7 million, with a median of $16.4 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Research & Development jumped 57.36% in 2022, then tumbled 32.19% in 2023.
- Over 5 years, Research & Development stood at $17.0 million in 2022, then climbed by 10.36% to $18.8 million in 2023, then retreated by 2.22% to $18.4 million in 2024, then slipped by 22.65% to $14.2 million in 2025, then dropped by 18.61% to $11.6 million in 2026.
- The last three Research & Development figures came in at $11.6 million (Q2 2026), $14.2 million (Q1 2026), and $14.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | 92.20 Mn |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | -62.51 Mn |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | 104.00 Mn |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | 12.99 Mn |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn | -17.86 Mn |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn | -8.19 Mn |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn | 11.57 Mn |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | 9.47 Mn |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | 26.96 Mn |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.57 Mn |
| Mar 31, 2026 | 14.16 Mn |
| Dec 31, 2025 | 14.22 Mn |
| Sep 30, 2025 | 16.56 Mn |
| Jun 30, 2025 | 13.56 Mn |
| Mar 31, 2025 | 15.79 Mn |
| Dec 31, 2024 | 18.38 Mn |
| Sep 30, 2024 | 20.32 Mn |
| Jun 30, 2024 | 15.54 Mn |
| Mar 31, 2024 | 17.39 Mn |
| Dec 31, 2023 | 18.80 Mn |
| Sep 30, 2023 | 19.23 Mn |
| Jun 30, 2023 | 14.86 Mn |
| Mar 31, 2023 | 15.56 Mn |
| Dec 31, 2022 | 17.03 Mn |
| Sep 30, 2022 | 16.20 Mn |
| Jun 30, 2022 | 18.01 Mn |
| Mar 31, 2022 | 22.95 Mn |
| Dec 31, 2021 | 17.92 Mn |
| Sep 30, 2021 | 18.77 Mn |