Nerdy annual free cash flow
2019
2020
2021
2022
2023
2024
2025
Nerdy Free Cash Flow (FCF) History (NRDY)
Nerdy reported −$24.2M in free cash flow for fiscal 2025, a decrease of $1.8M from the previous fiscal year, with a free cash flow margin of −13.53%.
View full Nerdy company overviewNerdy free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$24.2M | −$1.8M | — | −13.53% |
| 2024 | 2024-12-31 | −$22.5M | −$8.0M | — | −11.81% |
| 2023 | 2023-12-31 | −$14.4M | $38.9M | — | −7.47% |
| 2022 | 2022-12-31 | −$53.3M | −$9.3M | — | −32.78% |
| 2021 | 2021-12-31 | −$44.1M | −$34.5M | — | −31.32% |
| 2020 | 2020-12-31 | −$9.5M | $13.1M | — | −9.16% |
| 2019 | 2019-12-31 | −$22.7M | — | — | −25.07% |
Nerdy quarterly free cash flow
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$6.3M | $1.9M | — | −14.52% |
| Q1 2026 | 2026-03-31 | −$3.0M | $4.7M | — | −6.08% |
| Q4 2025 | 2025-12-31 | −$4.3M | $8.2M | — | −8.66% |
| Q3 2025 | 2025-09-30 | −$4.1M | $856,000 | — | −11.19% |
| Q2 2025 | 2025-06-30 | −$8.2M | −$1.1M | — | −18.12% |
| Q1 2025 | 2025-03-31 | −$7.6M | −$9.8M | — | −16.01% |
| Q4 2024 | 2024-12-31 | −$12.5M | −$4.5M | — | −26.00% |
| Q3 2024 | 2024-09-30 | −$5.0M | $1.7M | — | −13.32% |
| Q2 2024 | 2024-06-30 | −$7.1M | −$1.5M | — | −13.97% |
| Q1 2024 | 2024-03-31 | $2.1M | −$3.7M | −63.32% | +3.97% |
| Q4 2023 | 2023-12-31 | −$8.0M | $7.5M | — | −14.54% |
| Q3 2023 | 2023-09-30 | −$6.7M | $8.2M | — | −16.55% |
| Q2 2023 | 2023-06-30 | −$5.6M | $15.1M | — | −11.43% |
| Q1 2023 | 2023-03-31 | $5.8M | $8.0M | — | +11.82% |
| Q4 2022 | 2022-12-31 | −$15.5M | $4.8M | — | −37.10% |
| Q3 2022 | 2022-09-30 | −$14.9M | −$4.1M | — | −46.94% |
| Q2 2022 | 2022-06-30 | −$20.7M | −$11.0M | — | −49.09% |
| Q1 2022 | 2022-03-31 | −$2.2M | $1.1M | — | −4.68% |
| Q4 2021 | 2021-12-31 | −$20.3M | — | — | — |
| Q3 2021 | 2021-09-30 | −$10.8M | — | — | −34.40% |
| Q2 2021 | 2021-06-30 | −$9.7M | — | — | −29.55% |
| Q1 2021 | 2021-03-31 | −$3.3M | — | — | −9.44% |
Nerdy free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from −$9.5M to −$24.2M, a net decrease of $14.7M. Nerdy's latest reported quarter, Q2 2026, generated −$6.3M in free cash flow, an increase of $1.9M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Nerdy filings at SEC.gov ↗