Nerdy annual operating expenses
2019
2020
2021
2022
2023
2024
2025
Nerdy Operating Expenses Growth & History (NRDY)
Nerdy's operating expenses was $165.6M for fiscal 2025.
View full Nerdy company overviewNerdy annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $165.6M | −$32.9M | −16.55% |
| 2024 | 2024-12-31 | $198.5M | $4.5M | +2.31% |
| 2023 | 2023-12-31 | $194.0M | −$9.7M | −4.77% |
| 2022 | 2022-12-31 | $203.7M | $13.3M | +7.00% |
| 2021 | 2021-12-31 | $190.4M | $103.3M | +118.70% |
| 2020 | 2020-12-31 | $87.1M | $6.9M | +8.62% |
| 2019 | 2019-12-31 | $80.2M | — | — |
Nerdy quarterly operating expenses
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 | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $34.5M | −$5.7M | −14.13% |
| Q1 2026 | 2026-03-31 | $38.1M | −$6.1M | −13.86% |
| Q4 2025 | 2025-12-31 | $38.9M | −$9.3M | −19.28% |
| Q3 2025 | 2025-09-30 | $42.4M | −$9.8M | −18.78% |
| Q2 2025 | 2025-06-30 | $40.1M | −$8.6M | −17.62% |
| Q1 2025 | 2025-03-31 | $44.2M | −$5.2M | −10.48% |
| Q4 2024 | 2024-12-31 | $48.2M | −$1.2M | −2.44% |
| Q3 2024 | 2024-09-30 | $52.2M | −$2.6M | −4.68% |
| Q2 2024 | 2024-06-30 | $48.7M | $4.1M | +9.30% |
| Q1 2024 | 2024-03-31 | $49.4M | $4.1M | +9.08% |
| Q4 2023 | 2023-12-31 | $49.4M | −$476,000 | −0.95% |
| Q3 2023 | 2023-09-30 | $54.7M | $5.1M | +10.36% |
| Q2 2023 | 2023-06-30 | $44.6M | −$6.2M | −12.19% |
| Q1 2023 | 2023-03-31 | $45.3M | −$8.2M | −15.33% |
| Q4 2022 | 2022-12-31 | $49.9M | — | — |
| Q3 2022 | 2022-09-30 | $49.6M | −$29.1M | −36.95% |
| Q2 2022 | 2022-06-30 | $50.8M | $22.1M | +76.92% |
| Q1 2022 | 2022-03-31 | $53.5M | $25.6M | +92.10% |
| Q3 2021 · Sep 30 | 2021-09-30 | $78.7M | $55.6M | +240.38% |
| Q2 2021 | 2021-06-30 | $28.7M | — | — |
| Q1 2021 | 2021-03-31 | $27.8M | — | — |
| Q3 2020 | 2020-09-30 | $23.1M | — | — |
Nerdy operating expenses trends
Over the last five fiscal years, Nerdy's operating expenses increased from $87.1M to $165.6M, a change of $78.6M. The latest reported quarter, Q2 2026, shows $34.5M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Nerdy source filings ↗