Nerdy annual debt-to-equity ratio
2021
2022
2023
2024
2025
Nerdy Debt-to-Equity Ratio Growth & History (NRDY)
Nerdy's debt-to-equity ratio was 1.14 for fiscal 2025.
View full Nerdy company overviewNerdy annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.14 | 1.06 | +1256.23% |
| 2024 | 2024-12-31 | 0.08 | −0.00 | −5.20% |
| 2023 | 2023-12-31 | 0.09 | 0.02 | +23.02% |
| 2022 | 2022-12-31 | 0.07 | 0.07 | — |
| 2021 | 2021-12-31 | 0.00 | — | — |
Nerdy quarterly debt-to-equity ratio
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q4.23
Q4.24
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.13 | — | — |
| Q1 2026 | 2026-03-31 | 1.01 | — | — |
| Q4 2025 | 2025-12-31 | 1.14 | 1.06 | +1256.23% |
| Q4 2024 | 2024-12-31 | 0.08 | −0.00 | −5.20% |
| Q4 2023 | 2023-12-31 | 0.09 | 0.02 | +23.02% |
| Q4 2022 | 2022-12-31 | 0.07 | 0.07 | — |
| Q3 2022 | 2022-09-30 | 0.08 | 0.08 | — |
| Q2 2022 | 2022-06-30 | 0.07 | — | — |
| Q1 2022 | 2022-03-31 | 0.11 | — | — |
| Q4 2021 | 2021-12-31 | 0.00 | — | — |
| Q3 2021 | 2021-09-30 | 0.00 | — | — |
Nerdy debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Nerdy's debt-to-equity ratio increased from 0.00 to 1.14, a change of 1.14. The latest reported quarter, Q2 2026, shows 1.13.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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