Nerdy (NRDY) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Nerdy

NYSE•Technology•Software - Application

$9.35-0.22(-0.02%)Market closed

Market Cap

$1.13B

P/S

6.4x

P/B

43.7x

Nerdy Inc. operates platform for live online learning in the United States. The company's platform uses artificial intelligence to connect students, users, parents, guardians, and purchasers of various ages to tutors, instructors, subject matter experts, educators, and other professionals. Its learning destination provides learning experiences across various subjects and multiple formats, including one-on-one instruction, small group tutoring, large format classes, tutor chat, essay review, adaptive assessment, and self-study tools. The company operates Varsity Tutors and Varsity Tutors for Schools platform for live online tutoring and classes. It provides solutions directly to learners, as well as through education systems. Nerdy Inc. was founded in 2007 and is headquartered in Saint Louis, Missouri.

How this company scores

AverageMetricSide Score: 47/100

Strongest: Balance Sheet & Red Flags (17/25); weakest: Cash & Earnings Quality (8/25).

Profitability14/25

Growth8/25

Balance Sheet & Red Flags17/25

Cash & Earnings Quality8/25

Strengths

Long cash runwayProfit converts from growthNet cash position

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 1888.6x5y range 1888.6x – 1888.6x

P/S · 6.4x5y range 6.4x – 387.3x

Currently below its 20-quarter median.

P/B · 43.7x5y range 24.6x – 261.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $1.13B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $178.10M
Q. Revenue: $43.23M
TTM EBITDA: $-45.27M
TTM Op. Income: $-45.27M
Q. Op. Income: $-6.48M
TTM Net Income: $-30.25M
Q. Net Income: $-4.65M
EPS: $-0.04
Shares Out.: $126.38M

$178.10M in TTM revenue declined 0.2% YoY, reaching $43.23M last quarter. TTM EBITDA of $-45.27M and TTM operating income of $-45.27M show growth is flowing through to the bottom line. However, net income is negative at $30.25M — growth is not yet reaching the bottom line. Over the past year, TTM revenue is down 0% — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 64.7%
EBITDA Margin: -15.0%
Op. Margin: -15.0%
Net Margin: -10.8%

Op. margin of -15.0% is up 12.2% YoY — cost efficiency is improving. Net margin at -10.8% and gross margin of 64.7% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 45% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 6.4x
P/B Ratio: 43.7x

P/S of 6.4x and P/B of 43.7x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $64.58M
Cash: $38.42M
Long-Term Debt: $19.58M
Book Value: $25.94M
D/E Ratio: 0.8
Debt/EBITDA: N/A

With $64.58M in assets and $19.58M in long-term debt, D/E is 0.8and book value is $25.94M — a conservative capital structure with a cushion to weather downturns. Across the last 3 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-4.75M
TTM Free Cash Flow: $-17.63M
FCF Margin: -9.9%
FCF / Net Income: 0.6

TTM FCF of $-17.63M on $-4.75M in operating cash flow. The FCF / Net Income ratio of 0.6x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has risen for 4 consecutive quarters — an improving trend.