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Nerdy narrows Q2 loss as margins improve

Nerdy, Inc, logoNerdy, Inc,
Sig1.62Sen-1.28Env0.00Soc0.00Gov0.00

Nerdy reported second-quarter 2026 revenue of $43.2 million, modestly lower year over year, alongside a 65% gross margin that helped improve profitability. The quarter included a $6.9 million net loss. First-half operating cash outflow improved to $6.5 million, and the company said it is in compliance with its loan covenants. Active members fell to 29.1 thousand.

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