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Nerdy NRDY Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin60.2%+2.2pp58%-4.2pp62.2%-1.6pp63.8%-1.1pp64.9%-2.6pp
Operating margin-28.4%+6.2pp-34.6%+1.6pp-36.1%+3.6pp-39.7%+0.4pp-40.1%-3.3pp
Net margin-18.6%+3.7pp-22.3%+0.6pp-23%+2.0pp-24.9%-0.1pp-24.8%-2.4pp
EBITDA margin-24.8%+5.5pp-30.3%+1.3pp-31.6%+3.7pp-35.3%+0.6pp-35.9%-3.0pp
Free cash flow margin-10.9%+2.7pp-13.5%+4.7pp-18.2%+0.4pp-18.7%-1.2pp-17.5%-5.7pp
Returns
Return on equity-124.8%+11.7pp-136.5%-15.7pp-120.8%-15.0pp-105.8%-1.1pp-104.7%-12.1pp
Return on assets-42.9%+4.4pp-47.3%-1.2pp-46.1%+2.0pp-48%-3.4pp-44.7%-5.5pp
Efficiency
Asset turnover2.3×+0.2×2.1×+0.1×+0.1×1.9×+0.1×1.8×+0.1×
Liquidity
Current ratio2.4×+0.1×2.3×+0.8×1.4×-0.7×2.1×+0.1×-0.2×
Quick ratio2.4×+0.1×2.3×+0.8×1.4×-0.7×2.1×+0.1×-0.2×
Cash ratio+0.1×1.9×+0.8×1.1×-0.6×1.6×0.0×1.6×-0.2×
Leverage
Debt-to-equity-0.1×1.1×
Debt-to-assets0.3×0.0×0.3×
Interest coverage-29.5×+28.2×-57.7×-8.0×-49.7×-8.1×-41.6×-8.3×-33.3×-10.7×
Per Share
Book value per share$0.16-1.3%$0.16-21.2%$0.20-24.7%$0.26-8.7%$0.29-17.9%
Valuation
Market capitalization$123.95M-34.5%$127.86M-16.4%$152.97M-18.6%$188.04M+11.5%$168.61M-9.8%
Enterprise value$98.7M$101.69M
Price / sales0.7×-0.4×0.7×-0.1×0.9×-0.2×1.1×+0.1×0.9×-0.1×
Price / book6.4×+0.5×6.7×+0.4×6.3×+0.4×5.9×+1.0×4.9×+0.2×
EV / sales0.5×0.6×
Free cash flow yield-15.8%+1.8pp-18.9%+2.3pp-21.2%-3.5pp-17.7%+1.4pp-19.1%-7.1pp
Earnings yield-27%-3.5pp-31.2%-4.5pp-26.7%-3.1pp-23.6%+3.4pp-27.1%-4.3pp

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Questions, answered.

What are Nerdy's profit margins?
Nerdy (NRDY) runs a 60.2% gross margin and a -28.4% operating margin, with a -18.6% net margin.
Where do Nerdy's ratios come from?
Every ratio is computed from Nerdy's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.