Nerdy NRDY
NYSE NRDY
$9.39 -0.24 (-2.49%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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