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Nerdy NRDY Business Segments — Cost of revenue

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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 / equity
Current ratio2.4×+0.4×

Where this comes from

Reported directly by Nerdy in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

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 business segments — cost of revenue?
Nerdy (NRDY) reported business segments — cost of revenue of $16.46M in Q1 2026.
How has Nerdy's business segments — cost of revenue changed year-over-year?
Nerdy's business segments — cost of revenue decreased by 17.6% year-over-year, from $19.98M to $16.46M.
What is the long-term trend for Nerdy's business segments — cost of revenue?
Over 3 years (2022 to 2025), Nerdy's business segments — cost of revenue has grown at a 14.8% compound annual growth rate (CAGR), from $49.73M to $75.21M.
What does business segments — cost of revenue mean?
Includes the direct costs associated with providing tutoring services, such as payments to instructors and platform hosting fees. Monitoring this metric is essential for assessing the direct profitability and scalability of the tutoring service model.