Nerdy, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Charles Cohn
- Full Time Employees
- 600
- Sector
- Technology
- Industry
- Software - Application
- Address
- 101 South Hanley Road Saint Louis MO United States of America 63101
- IPO Date
- Nov 27, 2020
- CIK
- 0001819404
- Website
- nerdy.com
- Similar Companies
- Business
- Nerdy, Inc. (NYSE: NRDY) operates a leading platform for live online learning, leveraging artificial intelligence and proprietary technology to connect students, parents, educators, and institutions with tutors, instructors, and subject matter experts across 3,000-plus subjects. Founded in 2007 and headquartered in St. Louis, Missouri, the company provides comprehensive learning experiences through its flagship Varsity Tutors brand and related platforms, including one-on-one instruction; small-group tutoring; large-format classes; tutor chat; essay review; adaptive assessments; self-study tools; Learning Memberships; and institutional solutions such as Varsity Tutors for Schools, which serve K-8, high school, college, graduate, and professional learners directly and via education systems throughout the United States. Its AI-enhanced offerings encompass Sidekick for real-time explanations and planning, session summaries with time-stamped notes, adaptive diagnostics and practice problems, AI Tutor for on-demand coaching, Tutor Copilot for contextual examples, AI-generated lesson plans, chat tutoring integrated with ChatGPT, and an unlimited AI toolkit for translation, brainstorming, quizzes, and more, all accessible via web, Mac, Windows, and mobile applications. Recent developments include CEO Charles Cohn's substantial stock purchases totaling over $7.7 million in late 2024 and December 2025, signaling strong insider confidence; the appointment of John Paszterko as Chief Operating Officer; expansion of free Varsity Tutors for Schools access to an additional 1.1 million students; a strategic focus on higher-frequency memberships and institutional growth amid a platform overhaul; and third-quarter 2025 financial results showing revenue of $37 million, a 1% year-over-year decline but improved adjusted EBITDA loss of $10.2 million versus $14 million prior year, despite analyst price target reductions citing product delays and technical challenges.
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