Nerdy (NRDY) Tax Rate (2021 - 2026)
Nerdy's quarterly Tax Rate came in at 0.36% in Q1 2026, down 19.0% year-on-year from 0.44% in Q1 2025, and down 129.58% quarter-over-quarter from 0.16% in Q4 2025.
Nerdy has reported Tax Rate for 6 years, with the latest figure at 0.36% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 19.0% year-over-year to 0.36%; the trailing twelve-month figure through Mar 2026 stood at 0.3% (down 13.0% YoY), and the FY2025 full-year result was 0.26%, down 9.0% from the prior year.
- Tax Rate for Q1 2026 stood at 0.36%, down from 0.16% 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 0.22%, with a median of 0.16% recorded in 2024.
- Year-over-year, Tax Rate jumped 70 bps in 2024 and slumped 36 bps in 2025.
- Tracing NRDY's Tax Rate over 5 years: 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 slumped 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 | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | Nerdy | 100.78 Mn | 65.71 Mn | 32.27 Mn | -0.36 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | -0.10 |
| Sep 30, 2023 | -0.10 |
| Jun 30, 2023 | -0.96 |
| Jun 30, 2023 | -0.96 |
| Mar 31, 2023 | -0.07 |
| Mar 31, 2023 | -0.07 |
| Dec 31, 2022 | 0.11 |
| Dec 31, 2022 | 0.11 |
| Sep 30, 2022 | -0.07 |
| Sep 30, 2022 | -0.07 |
| Mar 31, 2022 | -0.04 |
| Mar 31, 2022 | -0.04 |
| Dec 31, 2021 | -0.07 |
| Dec 31, 2021 | -0.07 |
| Sep 30, 2021 | -0.06 |
| Sep 30, 2021 | -0.06 |