Nerdy (NRDY) Tax Rate (2021 - 2026)
Nerdy (NRDY) posted Tax Rate of 0.5% for Q2 2026, down 38.33% on a QoQ basis from 0.36% in Q1 2026, and up 12.0% year-over-year from 0.44% in Q2 2025.
Analysis
Nerdy (NRDY) Tax Rate (2021 - 2026) Analysis & Trends
Nerdy has reported Tax Rate for 6 years, with the latest figure at 0.5% in Q2 2026.
- On a quarterly basis, Tax Rate rose 12.0% year-over-year to 0.5% in Q2 2026; TTM through Jun 2026 was 0.25%, a 2.0% decrease from a year earlier, with the FY2025 full-year figure at 0.26%, down 9.0% from the prior year.
- Tax Rate was 0.5% for Q2 2026 at Nerdy, down from 0.36% in the prior quarter.
- The five-year high for Tax Rate was 0.11% in Q4 2022, with the low at 0.96% in Q2 2023.
- Average Tax Rate over 5 years is 0.24%, with a median of 0.16% recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Tax Rate soared 70 bps in 2024, then sank 36 bps in 2025.
- Over 5 years, Tax Rate stood at 0.11% in 2022, then sank by 223 bps to 0.13% in 2023, then dropped by 22 bps to 0.16% in 2024, then advanced by 1 bps to 0.16% in 2025, then tumbled by 218 bps to 0.5% in 2026.
- The last three Tax Rate figures came in at 0.5% (Q2 2026), 0.36% (Q1 2026), and 0.16% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | 26.91% |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | -13.04% |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | -2.68% |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | -50.84% |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn | 26.65% |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn | -0.15% |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn | -0.50% |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | -15.32% |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | -5.90% |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.50% |
| Mar 31, 2026 | -0.36% |
| Dec 31, 2025 | -0.16% |
| Sep 30, 2025 | -0.19% |
| Jun 30, 2025 | -0.62% |
| Mar 31, 2025 | -0.17% |
| Dec 31, 2024 | -0.16% |
| Sep 30, 2024 | -0.12% |
| Jun 30, 2024 | -0.26% |
| Mar 31, 2024 | -0.19% |
| Dec 31, 2023 | -0.13% |
| Sep 30, 2023 | -0.10% |
| Jun 30, 2023 | -0.96% |
| Mar 31, 2023 | -0.07% |
| Dec 31, 2022 | 0.11% |
| Sep 30, 2022 | -0.07% |
| Mar 31, 2022 | -0.04% |
| Dec 31, 2021 | -0.07% |
| Sep 30, 2021 | -0.06% |