Nerdy annual gross margin
2019
2020
2021
2022
2023
2024
2025
Nerdy Gross Margin Growth & History (NRDY)
Nerdy's gross margin was 57.98% for fiscal 2025.
View full Nerdy company overviewNerdy annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 57.98% | −9.51 pp |
| 2024 | 2024-12-31 | 67.49% | −3.06 pp |
| 2023 | 2023-12-31 | 70.55% | +1.13 pp |
| 2022 | 2022-12-31 | 69.43% | +2.63 pp |
| 2021 | 2021-12-31 | 66.80% | +0.30 pp |
| 2020 | 2020-12-31 | 66.50% | +0.58 pp |
| 2019 | 2019-12-31 | 65.92% | — |
Nerdy quarterly gross margin
Q3.20
Q1.21
Q2.21
Q3.21
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 | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 64.73% | +3.22 pp |
| Q1 2026 | 2026-03-31 | 66.22% | +8.21 pp |
| Q4 2025 | 2025-12-31 | 50.97% | −15.59 pp |
| Q3 2025 | 2025-09-30 | 62.93% | −7.56 pp |
| Q2 2025 | 2025-06-30 | 61.51% | −4.17 pp |
| Q1 2025 | 2025-03-31 | 58.01% | −9.95 pp |
| Q4 2024 | 2024-12-31 | 66.55% | −4.74 pp |
| Q3 2024 | 2024-09-30 | 70.48% | −1.95 pp |
| Q2 2024 | 2024-06-30 | 65.68% | −4.14 pp |
| Q1 2024 | 2024-03-31 | 67.96% | −0.95 pp |
| Q4 2023 | 2023-12-31 | 71.29% | +0.75 pp |
| Q3 2023 | 2023-09-30 | 72.43% | +3.41 pp |
| Q2 2023 | 2023-06-30 | 69.82% | +1.66 pp |
| Q1 2023 | 2023-03-31 | 68.91% | −0.93 pp |
| Q4 2022 | 2022-12-31 | 70.54% | +4.53 pp |
| Q3 2022 | 2022-09-30 | 69.03% | +4.14 pp |
| Q2 2022 | 2022-06-30 | 68.16% | +0.54 pp |
| Q1 2022 | 2022-03-31 | 69.84% | +1.71 pp |
| Q3 2021 · Sep 30 | 2021-09-30 | 66.01% | — |
| Q2 2021 | 2021-06-30 | 64.88% | — |
| Q1 2021 | 2021-03-31 | 67.62% | — |
| Q3 2020 | 2020-09-30 | 68.13% | — |
Nerdy gross margin trends
Over the last five reported fiscal years, Nerdy's gross margin decreased from 66.50% to 57.98%, a change of −8.51 percentage points. The latest reported quarter, Q2 2026, shows 64.73%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Nerdy filings at SEC.gov ↗