Nerdy (NRDY) Tax Rate (2021 - 2026)

Nerdy (NRDY) recorded quarterly Tax Rate of 0.36% in Q1 2026, down 129.58% quarter-over-quarter from 0.16% in Q4 2025, and down 19.0% on a YoY basis from 0.44% in Q1 2025.

Nerdy (NRDY) Tax Rate (2021 - 2026) Analysis & Trends

Nerdy's Tax Rate history runs 6 years deep, the most recent figure standing at 0.36% for Q1 2026.

  • In Q1 2026, Tax Rate fell 19.0% year-over-year to 0.36%; the TTM figure through Mar 2026 stood at 0.3% (down 13.0% YoY), while the FY2025 annual figure was 0.26%, down 9.0% from the prior year.
  • Tax Rate was 0.36% for Q1 2026 at Nerdy, down from 0.16% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 0.11% in Q4 2022 to a low of 0.96% in Q2 2023.
  • Historically, Tax Rate has averaged 0.22% across 5 years, with a median of 0.16% in 2024.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate surged 70 bps in 2024, then slumped 36 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 0.11% in 2022, then slumped by 223 bps to 0.13% in 2023, then slipped by 22 bps to 0.16% in 2024, then gained by 1 bps to 0.16% in 2025, then tumbled by 130 bps to 0.36% in 2026.
  • The last three Tax Rate figures came in at 0.36% (Q1 2026), 0.16% (Q4 2025), and 0.19% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -18.42%
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 39.11%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 8.36%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 22.74%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 21.59%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 30.31%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 23.68%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 23.50%
10 Nerdy 105.50 Mn 70.44 Mn 32.27 Mn -0.36%

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.36%
Mar 31, 2026 -0.36%
Dec 31, 2025 -0.16%
Dec 31, 2025 -0.16%
Sep 30, 2025 -0.19%
Sep 30, 2025 -0.19%
Jun 30, 2025 -0.62%
Jun 30, 2025 -0.62%
Mar 31, 2025 -0.17%
Mar 31, 2025 -0.17%
Dec 31, 2024 -0.16%
Dec 31, 2024 -0.16%
Sep 30, 2024 -0.12%
Sep 30, 2024 -0.12%
Jun 30, 2024 -0.26%
Jun 30, 2024 -0.26%
Mar 31, 2024 -0.19%
Mar 31, 2024 -0.19%
Dec 31, 2023 -0.13%
Dec 31, 2023 -0.13%