Nerdy narrows Q2 loss as margins improve
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.