Nerdy (NRDY) Q2 Revenue Falls 11%
Nerdy (NYSE:NRDY), the online learning platform behind Varsity Tutors, released its second quarter results on August 7, 2025. The earnings report showed total GAAP revenue of $45.3 million, slightly trailing analyst estimates of $46.5 million (GAAP) and down from $51.0 million in Q2 2024. Notably, the company made progress in its core Consumer membership business, with revenue growth returning after several quarters of declines. Margins compressed year over year due to increased tutor incentives. Overall, the results fell within company guidance, though the GAAP revenue shortfall versus consensus and ongoing challenges in Institutional revenue kept the quarter mixed.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Nerdy connects learners with subject matter experts through its suite of online education products. The company’s main product, Learning Memberships, deliver recurring live tutoring sessions, live classes, and access to digital learning tools across more than 3,000 subjects and grade levels.
Source Fool.com
