What is Nerdy's change in deferred revenue?

Nerdy (NRDY) reported change in deferred revenue of -$4.58M in Q1 2026.

How has Nerdy's change in deferred revenue changed year-over-year?

Nerdy's change in deferred revenue decreased by 118.0% year-over-year, from -$2.1M to -$4.58M.

What does change in deferred revenue mean?

Change in payments received from customers for goods/services not yet delivered — a key SaaS and subscription metric.

Nerdy NRDY Change in Deferred Revenue

Change in Deferred Revenue at other companies

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-$608K-111%

DuolingoDUOL

$17.05M-59.5%

CourseraCOUR

$19.3M-24.6%

McGraw Hill, Inc.MH

-$25.14M—

BlackbaudBLKB

-$31.62M-7.4%

Strategic Education, Inc.STRA

$37.47M-0.9%

Other financials

Income statement

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Revenue$48.7M+2.4%

Gross profit$32.3M+16.9%

Operating income-$5.8M+65.0%

Net income-$4.1M+61.2%

EPS (diluted)-$0.03+66.7%

Balance sheet

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Cash & equivalents$44.7M-0.8%

Total debt$19.5M—

Total equity$19.3M-43.9%

Total assets$73.0M-12.1%

Cash flow

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Operating cash flow-$1.8M+72.4%

CapEx$1.2M+0.6%

Free cash flow-$3.0M+61.1%

Valuation

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Market cap$123.95M-34.5%

Enterprise value$98.7M—

P/S0.7×-0.4×

Profitability

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Gross margin60.2%-4.7pp

Operating margin-28.4%-6.4pp

Net margin-18.6%-3.7pp

FCF margin-10.9%-3.0pp

Returns & leverage

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Return on equity-124.8%+29.8pp

Debt / equity1×—

Current ratio2.4×+0.4×

Where this comes from

Reported directly by Nerdy in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInContractWithCustomerLiability.

The official record: Nerdy’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nerdy's change in deferred revenue?: Nerdy (NRDY) reported change in deferred revenue of -$4.58M in Q1 2026.
How has Nerdy's change in deferred revenue changed year-over-year?: Nerdy's change in deferred revenue decreased by 118.0% year-over-year, from -$2.1M to -$4.58M.
What does change in deferred revenue mean?: Change in payments received from customers for goods/services not yet delivered — a key SaaS and subscription metric.