Filing Flows › Nerdy (NRDY) › Q1 2026 › vs Q4 2025
Nerdy (NRDY) Q1 2026 vs Q4 2025 (quarter over quarter)
Nerdy's revenue fell $376K (-0.8%) from $49.1M in Q4 2025 to $48.7M in Q1 2026.
Nerdy, Q1 2026: revenue $48.7M (+2% year over year), operating margin -11.9%, net loss $6.1M, operating cash flow −$1.8M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $48.7M | $49.1M | −$376K | -0.8% |
| Net loss | $6.1M | $14.0M | −$7.9M | -56% |
| Costs & expenses | $54.9M | $63.2M | −$8.3M | -13% |
| Operating costs | $54.5M | $63.0M | −$8.5M | -13% |
| Interest & other, net | $308K | $109K | $199K | +183% |
| Income tax | $22K | $22K | $0 | 0% |
| Cost of revenue | $16.5M | $24.1M | −$7.6M | -32% |
| Sales & marketing | $14.2M | $14.2M | −$60K | -0.4% |
| General & admin | $23.9M | $24.7M | −$808K | -3% |
| Operating cash sources | $8.1M | $9.1M | −$1.0M | -11% |
| Depreciation & amortization | $301K | $294K | $7K | +2% |
| Share-based compensation | $6.0M | $5.8M | $144K | +2% |
| Cash used in operations | $1.8M | $2.9M | −$1.2M | -39% |
| Net loss absorbed | $6.1M | $14.0M | −$7.9M | -56% |
| Working capital & other | $1.9M | −$5.0M | $6.9M | — |
Questions
How much did Nerdy's revenue grow quarter over quarter in Q1 2026?
Nerdy's revenue fell $376K (-0.8%) from $49.1M in Q4 2025 to $48.7M in Q1 2026.