Nerdy reported revenue of $43.23M and net income of -$6.86M for the quarter ended Jun 2026, down 4.5% year over year. This income statement covers 27 quarters of results from Sep 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Sep2019 | Dec2019 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||||||
| Revenue | 31.30M | 42.02M | 46.92M | 42.19M | 31.75M | 41.80M | 49.18M | 48.84M | 40.30M | 55.08M | 53.73M | 50.98M | 37.53M | 47.99M | 47.59M | 45.26M | 37.02M | 49.11M | 48.73M | 43.23M | |||||||
| Cost of RevenueCost of Rev | 10.64M | 13.36M | 14.15M | 13.43M | 9.84M | 12.31M | 15.29M | 14.74M | 11.11M | 15.81M | 17.21M | 17.50M | 11.08M | 16.05M | 19.98M | 17.42M | 13.72M | 24.08M | 16.46M | 15.25M | |||||||
| Gross Profit | 20.66M | 28.66M | 32.77M | 28.75M | 21.92M | 29.49M | 33.89M | 34.10M | 29.19M | 39.27M | 36.52M | 33.49M | 26.45M | 31.94M | 27.61M | 27.84M | 23.30M | 25.03M | 32.27M | 27.98M | |||||||
| Operating items | |||||||||||||||||||||||||||
| Research & DevelopmentR&D | 18.77M | 17.92M | 22.95M | 18.01M | 16.20M | 17.03M | 15.56M | 14.86M | 19.23M | 18.80M | 17.39M | 15.54M | 20.32M | 18.38M | 15.79M | 13.56M | 16.56M | 14.22M | 14.16M | 11.57M | |||||||
| Selling, General & AdministrativeSG&A | 59.90M | 34.29M | 30.51M | 32.75M | 33.41M | 32.89M | 29.70M | 29.71M | 35.51M | 30.65M | 31.98M | 33.18M | 31.86M | 29.86M | 28.41M | 26.57M | 25.82M | 24.72M | 23.91M | 22.89M | |||||||
| Operating ExpensesOpex | 78.67M | 52.22M | 53.45M | 50.76M | 49.60M | 49.92M | 45.26M | 44.57M | 54.74M | 49.45M | 49.37M | 48.72M | 52.18M | 48.24M | 44.20M | 40.13M | 42.38M | 38.94M | 38.07M | 34.46M | |||||||
| Operating IncomeOp. Inc | -58.02M | -26.57M | -20.68M | -22.01M | -27.69M | -20.43M | -11.37M | -10.47M | -25.55M | -10.18M | -12.85M | -15.23M | -25.72M | -16.30M | -16.59M | -12.29M | -19.08M | -13.91M | -5.80M | -6.48M | |||||||
| EBIT | -58.02M | -26.57M | -20.68M | -22.01M | -27.69M | -20.43M | -11.37M | -10.47M | -25.55M | -10.18M | -12.85M | -15.23M | -25.72M | -16.30M | -16.59M | -12.29M | -19.08M | -13.91M | -5.80M | -6.48M | |||||||
| Non-operating items | |||||||||||||||||||||||||||
| Non Operating Interest Expenses | 1.29M | 0.66M | 0.67M | ||||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 0.78M | 0.84M | 0.92M | 0.89M | 0.88M | 0.77M | 0.57M | 0.46M | 0.36M | 0.36M | -0.11M | 0.37M | 0.33M | ||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 11.34M | 59.70M | -11.04M | 37.34M | -4.52M | 4.85M | -21.68M | 4.20M | 4.10M | -0.03M | -0.01M | 0.03M | -0.01M | -0.00M | 0.00M | 0.00M | -0.02M | 0.00M | |||||||||
| Net income details | |||||||||||||||||||||||||||
| EBT | -57.68M | -7.09M | -31.73M | 15.28M | -32.28M | -15.16M | -32.23M | -5.50M | -20.61M | -9.23M | -11.99M | -14.36M | -24.93M | -15.75M | -16.12M | -11.93M | -18.72M | -14.02M | -6.11M | -6.82M | |||||||
| Tax ProvisionsTaxes | 0.04M | 0.01M | 0.01M | 0.02M | -0.02M | 0.02M | 0.05M | 0.02M | 0.01M | 0.02M | 0.04M | 0.03M | 0.03M | 0.03M | 0.07M | 0.04M | 0.02M | 0.02M | 0.03M | ||||||||
| Profit After TaxPAT | -57.72M | -7.13M | -31.75M | 15.28M | -32.30M | -15.14M | -32.25M | -5.55M | -20.63M | -9.24M | -12.02M | -14.40M | -24.96M | -15.77M | -16.15M | -12.00M | -18.76M | -14.04M | -6.13M | -6.86M | |||||||
| Income from Non-Controlling InterestsInc. Minority | -18.96M | 15.61M | -14.90M | 6.58M | -13.78M | -6.41M | -13.32M | -2.25M | -8.34M | -3.58M | -4.57M | -5.30M | -9.06M | -5.62M | -5.66M | -4.10M | -6.47M | -4.80M | -2.05M | -2.20M | |||||||
| Income from Continuing OperationsIncome (Continuing) | -57.72M | -7.10M | -31.75M | 15.28M | -32.30M | -15.14M | -32.25M | -5.55M | -20.63M | -9.24M | -12.02M | -14.40M | -24.96M | -15.77M | -16.15M | -12.00M | -18.76M | -14.04M | -6.13M | -6.86M | |||||||
| Consolidated Net IncomeConsol Net Inc. | -57.72M | -7.10M | -31.75M | 15.28M | -32.30M | -15.14M | -32.25M | -5.55M | -20.63M | -9.24M | -12.02M | -14.40M | -24.96M | -15.77M | -16.15M | -12.00M | -18.76M | -14.04M | -6.13M | -6.86M | |||||||
| Income towards Parent CompanyParent Net Inc | -57.72M | -7.10M | -31.75M | 15.28M | -32.30M | -15.14M | -32.25M | -5.55M | -20.63M | -9.24M | -12.02M | -14.40M | -24.96M | -15.77M | -16.15M | -12.00M | -18.76M | -14.04M | -6.13M | -6.86M | |||||||
| Net Income towards Common StockholdersNet Income | -57.72M | -7.10M | -31.75M | 15.28M | -32.30M | -15.14M | -32.25M | -5.55M | -20.63M | -9.24M | -12.02M | -14.40M | -24.96M | -15.77M | -16.15M | -12.00M | -18.76M | -14.04M | -6.13M | -6.86M | |||||||
| Additional items | |||||||||||||||||||||||||||
| EPS (Basic) | -10.93 | -1.34 | -5.98 | 2.65 | -5.52 | -2.64 | -5.27 | -0.88 | -3.19 | -1.43 | -1.67 | -1.96 | -3.30 | -2.12 | -2.05 | -1.50 | -2.31 | -1.74 | -0.74 | -0.81 | |||||||
| EPS (Diluted) | -10.93 | -1.34 | -5.98 | 2.59 | -5.52 | -2.64 | -5.27 | -0.88 | -3.19 | -1.43 | -1.67 | -1.96 | -3.30 | -2.12 | -2.05 | -1.50 | -2.31 | -1.74 | -0.74 | -0.81 | |||||||
| Shares Outstanding | 5.28M | 5.28M | 5.31M | 5.76M | 5.85M | 5.72M | 6.12M | 6.30M | 6.47M | 6.48M | 7.20M | 7.33M | 7.55M | 7.45M | 7.90M | 8.01M | 8.11M | 8.06M | 8.29M | 8.43M | |||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 5.28M | 5.28M | 5.31M | 5.91M | 5.85M | 5.72M | 6.12M | 6.30M | 6.47M | 6.48M | 7.20M | 7.33M | 7.55M | 7.45M | 7.90M | 8.01M | 8.11M | 8.06M | 8.29M | 8.43M | |||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 10.52M | 10.53M | 10.60M | 10.67M | 10.83M | 10.97M | 11.15M | 11.26M | 11.44M | 11.58M | 11.71M | 11.87M | 11.99M | 12.14M | 12.28M | 12.36M | 12.49M | 12.53M | 12.61M | 12.77M | |||||||
| EBITDA | -58.02M | -26.57M | -20.68M | -22.01M | -27.69M | -20.43M | -11.37M | -10.47M | -25.55M | -10.18M | -12.85M | -15.23M | -25.72M | -16.30M | -16.59M | -12.29M | -19.08M | -13.91M | -5.80M | -6.48M | |||||||
| Interest ExpensesInt Expense | 1.29M | 0.66M | 0.67M | ||||||||||||||||||||||||
| Tax Rate | -0.06% | -0.07% | -0.04% | -0.07% | 0.11% | -0.07% | -0.96% | -0.10% | -0.13% | -0.19% | -0.26% | -0.12% | -0.16% | -0.17% | -0.62% | -0.19% | -0.16% | -0.36% | -0.50% |