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Nerdy NRDY · USD

Consumer Discretionary · US listing · 🇺🇸 United States

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6.98

+12.04%

Close of 9 Nov 2026, in USD

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About Nerdy

From its filings with the US Securities and Exchange Commission

SEC filings

Nerdy is based in St. Louis, Missouri and is incorporated in Delaware. Its shares trade on NYSE under the ticker NRDY. The SEC classifies its business as educational services. In the fiscal year to 31 December 2025, it reported revenue of $179.0m and a net loss of $39.9m. At that date it held total assets of $76.2m and shareholders' equity of $19.0m.

In its own words

Unless otherwise stated or the context otherwise indicates, all references in this Form 10-K to “Nerdy,” “the Company,” “us,” “our,” or “we” mean Nerdy Inc. and its consolidated subsidiaries.

We operate a next-generation live tutoring and intervention platform that leverages the power of human expertise with advanced artificial intelligence (“AI”) to personalize learning, accelerate student achievement, and empower educators. Our mission is to transform the way people learn through technology. Our purpose-built proprietary platform leverages technology, including AI, to connect students, users, parents, guardians, and purchasers (“Learner(s)”) of all ages to tutors, instructors, subject matter experts, educators, and other professionals (“Expert(s)”), delivering superior value on both sides of the network. Our comprehensive learning destination provides learning experiences across numerous subjects and multiple formats, including one-on-one instruction, small group tutoring, large format classes, chat, essay review, adaptive assessments, and self-study tools. Our flagship business, Varsity Tutors LLC (“Varsity Tutors”), is one of the nation’s largest platforms for live online tutoring and classes. Our solutions are available to Learners either directly through Learning Memberships (“Consumers”) and through education systems (“Institutions”). Our platform offers Experts the opportunity to generate income from the convenience of home, while also increasing access for Learners by removing barriers to high-quality live online learning.

Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Consumer Discretionary
Industry
Diversified Consumer Services
Listed since
27 Nov 2020
Employees
500
Website
nerdy.com ↗
Head office
8001 FORSYTH BLVD., SUITE 1050, ST. LOUIS, MO, 63105
Incorporated in
DE
Classification
Services-Educational Services
Filer status
Accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Mr. Charles CohnChairman of the Board, Chief Executive Officer, Founder, since 2007$1
  • Mr. Jason PelloChief Financial Officer$2.6m
  • Mr. John PaszterkoChief Operating Officer
  • Mr. Christopher SwensonChief Legal Officer, Corporate Secretary$1.8m
  • Ms. Abigail BluntIndependent Director$342,500
  • Mr. Rob HutterIndependent Director$193,000
  • Mr. Christopher MarshallIndependent Director$205,000
  • Mr. Greg MrvaIndependent Director$210,000
  • Mr. Stuart UdellIndependent Director$194,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
30
Environment
32
Social
40
Governance
19
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Nerdy Inc operates in the Consumer Discretionary sector with 700 employees and a platform for live online learning.
  • Nerdy Inc's Varsity Tutors platform offers over 3,000 subjects and multiple learning formats including one-on-one instruction.
  • Nerdy Inc's IPO on 27 November 2020 has established a strong market presence in the education technology space.

Weaknesses

  • Nerdy Inc's business relies heavily on the US market for its operations and growth.
  • Nerdy Inc's platform requires continuous technological updates to maintain competitive advantage.
  • Nerdy Inc's employee count of 700 may limit scalability in expanding global markets.

Opportunities

  • Nerdy Inc can expand its Varsity Tutors for Schools product suite to new educational institutions in the US.
  • Nerdy Inc can leverage AI technology to enhance personalized learning experiences for students.
  • Nerdy Inc can target international markets for its online learning platform beyond the US.

Threats

  • Nerdy Inc faces competition from established educational platforms in the US market.
  • Nerdy Inc's reliance on AI technology could lead to technical issues affecting user experience.
  • Nerdy Inc must navigate regulatory changes in the education sector that may impact its operations.

Sources and methodology

Data on this tab
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