Filing Flows › Nerdy (NRDY) › Guidance & outlook
Nerdy (NRDY) guidance and outlook
Nerdy's 10-Q filed Nov 9, 2026 makes 5 forward-looking statements.
Guidance and outlook
Forward-looking statements, 10-Q filed Nov 9, 2026
- In the third quarter of 2026, we committed to a strategic plan to wind down our Varsity Tutors for Schools offering and business line (“VT4S”), which provided high-dosage tutoring and online learning solutions to Institutions.
- of September 30, 2026 was lower when compared to September 30, 2025, we expect certain product enhancements and customer acquisition initiatives that we plan to release later in the fourth quarter to support new client acquisition.
- While both current year periods were impacted by a lower Active Member count when compared to the corresponding prior year periods, we expect certain product enhancements and customer acquisition initiatives that we plan to release later in the fourth quarter to support new client acquisition.
- If at any time, the outstanding borrowings exceed the required multiple of our TTM Contribution Margin, we will be required to immediately repay principal until the outstanding borrowings are less than the applicable multiple.
- • risks associated with the implementation of our plan to wind down VT4S, including the timing and amount of expected exit costs, our ability to realize anticipated benefits, and the impact on our business and results of operations;
Nerdy's latest quarter
Nerdy, Q3 2026: revenue $33.2M (-10% year over year), operating margin -37.3%, net loss $12.8M, operating cash flow −$4.6M. The chart follows the revenue to costs, profit and cash.
Questions
What does Nerdy expect?
In the third quarter of 2026, we committed to a strategic plan to wind down our Varsity Tutors for Schools offering and business line (“VT4S”), which provided high-dosage tutoring and online learning solutions to Institutions. of September 30, 2026 was lower when compared to September 30, 2025, we expect certain product enhancements and customer acquisition initiatives that we plan to release later in the fourth quarter to support new client acquisition. While both current year periods were impacted by a lower Active Member count when compared to the corresponding prior year periods, we expect
Updated Nov 9, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.