NRDY Nerdy Inc.

Q3 2025 10-Q
Filed: Nov 6, 2025Period ending Sep 30, 2025
Consumer Discretionary
Services-Educational ServicesSEC EDGAR

Nerdy Inc. (NRDY) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Nov 6, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q3 2025 10-Q

Risk Factors

  • New indebtedness risk from $50M Term Loan Agreement with Hercules entered November 3, 2025, imposing restrictive covenants on operations and asset liens
  • Materially updated financial risk: interest-only payments for first 36 months, possible 12-month extension, then principal plus interest payments
+3 more insights

Quarterly Financial Summary
XBRL

Revenue

$37M

-1.4% YoY -18.2% QoQ

Net Income

-$12M

+22.7% YoY -55.6% QoQ

Gross Margin

62.9%

-756bp YoY +142bp QoQ

Operating Margin

-51.5%

+1700bp YoY -2440bp QoQ

Net Margin

-33.2%

+918bp YoY -1574bp QoQ

ROE

-50.6%

Total Assets

$70M

EPS (Diluted)

$-0.11

+21.4% YoY -83.3% QoQ

Operating Cash Flow

-$2M

+20.6% YoY +65.6% QoQ

Source: XBRL data from Nerdy Inc. Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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