Live tutoring firm Nerdy's Q4 revenue rises 2%

Nerdy

26/02/2026 21:25

Overview

Tutoring platform's Q4 2025 revenue rose 2% yr/yr, exceeding company's guidance

Adjusted EBITDA for Q4 2025 beat analyst expectations

Company launched Live+AI platform, enhancing AI-native capabilities

Outlook

Nerdy expects Q1 2026 revenue between $46 mln and $48 mln

Company anticipates full-year 2026 revenue of $180 mln to $190 mln

Nerdy projects breakeven non-GAAP adjusted EBITDA for 2026

Result Drivers

CONSUMER REVENUE - Learning Membership revenue increased 6% yr/yr, driven by higher ARPM and retention improvements

INSTITUTIONAL REVENUE - Institutional revenue rose 6% yr/yr despite funding delays affecting tutoring contracts

PLATFORM LAUNCH - Completion of Live+AI platform rollout expected to drive future growth

Company press release: ID:nBw6PDRKva

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted Net Income
Beat
-$400,000
-$6.57 mln (3 Analysts)
Q4 Adjusted EBITDA
Beat
$1.30 mln
-$900,000 (4 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy."

Wall Street's median 12-month price target for Nerdy Inc is $2.00, about 115.2% above its February 25 closing price of $0.93

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)