Nerdy Focuses on Consumer Learning | Business and Finance News

Nerdy’s Q2 2026 results show strong momentum: $43.3M in revenue, with $36.5M from its consumer side, and a major turnaround in losses—net loss down to $6.9M and adjusted EBITDA loss shrunk by 68%. The company is streamlining by exiting Varsity Tutors for Schools and First Tutors UK, focusing all energy on its high-growth consumer learning platform. They’ve rebuilt over 15,000 lessons and diagnostics into an integrated “Study Plan” powered by AI to boost efficiency without hiring more staff. Revenue guidance has been lowered to $168M–$175M for the year, reflecting these exits—but AI investments are accelerating product development. With a leaner, more focused model, Nerdy aims to hit free cash flow positivity by smartly investing in member growth ahead of back-to-school season. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9e2da87103687172