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Nerdy Inc. (NRDY) Stock Fundamental Analysis & AI Rating 2026

NRDY NYSE Services-Educational Services DE CIK: 0001819404
Updated This Month • Analysis: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
72% Confidence
STRONG AGREEMENT
SELL
75% Conf
SELL
70% Conf

📊 NRDY Key Takeaways

Revenue: $48.7M
Net Margin: -8.4%
Free Cash Flow: $-3.0M
Current Ratio: 2.41x
Debt/Equity: 1.01x
EPS: $-0.03
AI Rating: SELL with 75% confidence
Nerdy Inc. (NRDY) receives a SELL rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $48.7M, net profit margin of -8.4%, and return on equity (ROE) of -21.1%, Nerdy Inc. demonstrates mixed fundamentals in the Services sector. Below is our complete NRDY stock analysis for 2026.

Is Nerdy Inc. (NRDY) a Good Investment?

Claude

Nerdy Inc. demonstrates a fundamentally sound business model with 66.2% gross margins, but faces severe operational challenges with negative operating cash flow, declining revenue (-5.9% YoY), and inability to achieve profitability or cover interest from operations. While the company maintains a strong cash position of $44.7M, the current trajectory of cash burn and operational losses is unsustainable without significant turnaround execution.

ChatGPT

Nerdy shows a high gross margin but remains structurally unprofitable, with declining revenue and deeply negative operating and net margins. Liquidity is adequate with cash exceeding long-term debt, yet persistent cash burn and weak ROA/ROE signal an unsustainable trajectory without material cost cuts or reacceleration of growth. Until the company demonstrates sustained revenue growth and a credible path to positive free cash flow, fundamentals are unfavorable.

Why Buy Nerdy Inc. Stock? NRDY Key Strengths

Claude
  • + Exceptional gross margin of 66.2% indicating strong unit economics and pricing power in core tutoring services
  • + Strong liquidity position with current ratio of 2.41x and $44.7M in cash providing operational runway
  • + Balanced capital structure with 1.01x debt-to-equity ratio providing moderate leverage flexibility
ChatGPT
  • + High gross margin (58%) indicative of asset-light model
  • + Solid liquidity: current ratio 2.27x; cash > long-term debt
  • + Improving EPS YoY suggests some operating efficiency gains

NRDY Stock Risks: Nerdy Inc. Investment Risks

Claude
  • ! Revenue declining at 5.9% YoY with no clear stabilization, indicating market challenges or competitive pressure
  • ! Severely unprofitable operations with -11.9% operating margin and negative operating cash flow of -$1.8M
  • ! Negative free cash flow of -$3.0M with inability to cover interest from operations (Interest Coverage: -1.5x)
ChatGPT
  • ! Continued operating losses and negative FCF (-13.5% margin)
  • ! Revenue contraction (-5.9% YoY) indicating demand or pricing headwinds
  • ! Thin equity base and severe negative ROA/ROE raise dilution/solvency risk

Key Metrics to Watch

Claude
  • * Revenue growth trajectory - stabilization or acceleration is critical to investment thesis
  • * Operating cash flow and path to profitability - the company must stop cash burn
  • * Operating margin expansion - need to see movement from -11.9% toward positive territory
ChatGPT
  • * Operating margin
  • * Free cash flow

Nerdy Inc. (NRDY) Financial Metrics & Key Ratios

Revenue
$48.7M
Net Income
$-4.1M
EPS (Diluted)
$-0.03
Free Cash Flow
$-3.0M
Total Assets
$73.0M
Cash Position
$44.7M

💡 AI Analyst Insight

Strong liquidity with a 2.41x current ratio provides a solid financial cushion.

NRDY Profit Margin, ROE & Profitability Analysis

Gross Margin 66.2%
Operating Margin -11.9%
Net Margin -8.4%
ROE -21.1%
ROA -5.6%
FCF Margin -6.1%

NRDY vs Services Sector: How Nerdy Inc. Compares

How Nerdy Inc. compares to Services sector averages

Net Margin
NRDY -8.4%
vs
Sector Avg 10.0%
NRDY Sector
ROE
NRDY -21.1%
vs
Sector Avg 16.0%
NRDY Sector
Current Ratio
NRDY 2.4x
vs
Sector Avg 1.5x
NRDY Sector
Debt/Equity
NRDY 1.0x
vs
Sector Avg 0.7x
NRDY Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Nerdy Inc. Stock Overvalued? NRDY Valuation Analysis 2026

Based on fundamental analysis, Nerdy Inc. shows some fundamental concerns relative to the Services sector in 2026.

Return on Equity
-21.1%
Sector avg: 16%
Net Profit Margin
-8.4%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.01x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Nerdy Inc. Balance Sheet: NRDY Debt, Cash & Liquidity

Current Ratio
2.41x
Quick Ratio
2.41x
Debt/Equity
1.01x
Debt/Assets
60.4%
Interest Coverage
-1.53x
Long-term Debt
$19.5M

NRDY Revenue & Earnings Growth: 5-Year Financial Trend

NRDY 5-year financial data: Year 2021: Revenue $140.7M, Net Income $0, EPS $0.00. Year 2022: Revenue $162.7M, Net Income $0, EPS $0.00. Year 2023: Revenue $193.4M, Net Income -$3.8M, EPS $-0.05. Year 2024: Revenue $193.4M, Net Income -$35.4M, EPS $-0.41. Year 2025: Revenue $193.4M, Net Income -$40.2M, EPS $-0.41.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Nerdy Inc.'s revenue has grown significantly by 37% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.41 indicates the company is currently unprofitable.

NRDY Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-6.1%
Free cash flow / Revenue

NRDY Quarterly Earnings & Performance

Quarterly financial performance data for Nerdy Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $47.6M -$4.1M $-0.03
Q3 2025 $37.0M -$12.3M $-0.10
Q2 2025 $45.3M -$7.9M $-0.07
Q1 2025 $47.6M -$7.4M $-0.07
Q3 2024 $37.5M -$12.3M $-0.13
Q2 2024 $48.8M -$3.3M $-0.03
Q1 2024 $49.2M -$7.4M $-0.07
Q3 2023 $31.8M -$12.3M $-0.13

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Nerdy Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$1.8M
Cash generated from operations
Capital Expenditures
$1.2M
Investment in assets
Dividends
None
No dividend program

NRDY SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Nerdy Inc. (CIK: 0001819404)

📋 Recent SEC Filings

Date Form Document Action
May 20, 2026 4 xslF345X06/wk-form4_1779308329.xml View →
May 7, 2026 10-Q nrdy-20260331.htm View →
May 7, 2026 8-K d326012d8k.htm View →
May 4, 2026 4 xslF345X06/primary_doc.xml View →
May 4, 2026 4 xslF345X06/form4.xml View →

Frequently Asked Questions about NRDY

What is the AI rating for NRDY?

Nerdy Inc. (NRDY) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (SELL) with 72% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are NRDY's key strengths?

Claude: Exceptional gross margin of 66.2% indicating strong unit economics and pricing power in core tutoring services. Strong liquidity position with current ratio of 2.41x and $44.7M in cash providing operational runway. ChatGPT: High gross margin (58%) indicative of asset-light model. Solid liquidity: current ratio 2.27x; cash > long-term debt.

What are the risks of investing in NRDY?

Claude: Revenue declining at 5.9% YoY with no clear stabilization, indicating market challenges or competitive pressure. Severely unprofitable operations with -11.9% operating margin and negative operating cash flow of -$1.8M. ChatGPT: Continued operating losses and negative FCF (-13.5% margin). Revenue contraction (-5.9% YoY) indicating demand or pricing headwinds.

What is NRDY's revenue and growth?

Nerdy Inc. reported revenue of $48.7M.

Does NRDY pay dividends?

Nerdy Inc. does not currently pay dividends.

Where can I find NRDY SEC filings?

Official SEC filings for Nerdy Inc. (CIK: 0001819404) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is NRDY's EPS?

Nerdy Inc. has a diluted EPS of $-0.03.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is NRDY a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Nerdy Inc. has a SELL rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is NRDY stock overvalued or undervalued?

Valuation metrics for NRDY: ROE of -21.1% (sector avg: 16%), net margin of -8.4% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy NRDY stock in 2026?

Our dual AI analysis gives Nerdy Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is NRDY's free cash flow?

Nerdy Inc.'s operating cash flow is $-1.8M, with capital expenditures of $1.2M. FCF margin is -6.1%.

How does NRDY compare to other Services stocks?

Vs Services sector averages: Net margin -8.4% (avg: 10%), ROE -21.1% (avg: 16%), current ratio 2.41 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI