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Side-by-side financial comparison of Ceribell, Inc. (CBLL) and Nerdy Inc. (NRDY). Click either name above to swap in a different company.
Nerdy Inc. is the larger business by last-quarter revenue ($49.1M vs $24.8M, roughly 2.0× Ceribell, Inc.). Nerdy Inc. runs the higher net margin — -18.8% vs -54.6%, a 35.8% gap on every dollar of revenue. Nerdy Inc. produced more free cash flow last quarter ($-4.3M vs $-11.0M).
Ceribell, Inc. develops and commercializes innovative portable neurodiagnostic medical devices, focused on rapid non-invasive electroencephalogram (EEG) solutions for seizure detection. Its core products serve hospital emergency departments, intensive care units, and long-term care facilities, with primary markets across North America and ongoing global expansion efforts.
Nerdy Inc. is a leading U.S.-based edtech firm best known for operating the Varsity Tutors platform, offering live one-on-one tutoring, on-demand courses, test prep resources, and skill-building content. It serves K-12 students, higher ed learners, and working professionals across hundreds of academic and professional subject areas.
CBLL vs NRDY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $24.8M | $49.1M |
| Net Profit | $-13.5M | $-9.2M |
| Gross Margin | 87.3% | 51.0% |
| Operating Margin | -58.9% | -28.3% |
| Net Margin | -54.6% | -18.8% |
| Revenue YoY | — | 2.3% |
| Net Profit YoY | — | 8.9% |
| EPS (diluted) | $-0.35 | $-0.07 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $24.8M | $49.1M | ||
| Q3 25 | $22.6M | $37.0M | ||
| Q2 25 | $21.2M | $45.3M | ||
| Q1 25 | $20.5M | $47.6M | ||
| Q4 24 | — | $48.0M | ||
| Q3 24 | $17.2M | $37.5M | ||
| Q2 24 | — | $51.0M | ||
| Q1 24 | — | $53.7M |
| Q4 25 | $-13.5M | $-9.2M | ||
| Q3 25 | $-13.5M | $-12.3M | ||
| Q2 25 | $-13.6M | $-7.9M | ||
| Q1 25 | $-12.8M | $-10.5M | ||
| Q4 24 | — | $-10.1M | ||
| Q3 24 | $-10.4M | $-15.9M | ||
| Q2 24 | — | $-9.1M | ||
| Q1 24 | — | $-7.4M |
| Q4 25 | 87.3% | 51.0% | ||
| Q3 25 | 88.3% | 62.9% | ||
| Q2 25 | 88.1% | 61.5% | ||
| Q1 25 | 87.9% | 58.0% | ||
| Q4 24 | — | 66.6% | ||
| Q3 24 | 87.3% | 70.5% | ||
| Q2 24 | — | 65.7% | ||
| Q1 24 | — | 68.0% |
| Q4 25 | -58.9% | -28.3% | ||
| Q3 25 | -64.8% | -51.5% | ||
| Q2 25 | -70.5% | -27.1% | ||
| Q1 25 | -69.3% | -34.8% | ||
| Q4 24 | — | -34.0% | ||
| Q3 24 | -57.8% | -68.5% | ||
| Q2 24 | — | -29.9% | ||
| Q1 24 | — | -23.9% |
| Q4 25 | -54.6% | -18.8% | ||
| Q3 25 | -59.6% | -33.2% | ||
| Q2 25 | -64.4% | -17.4% | ||
| Q1 25 | -62.4% | -22.1% | ||
| Q4 24 | — | -21.1% | ||
| Q3 24 | -60.6% | -42.4% | ||
| Q2 24 | — | -17.8% | ||
| Q1 24 | — | -13.9% |
| Q4 25 | $-0.35 | $-0.07 | ||
| Q3 25 | $-0.37 | $-0.10 | ||
| Q2 25 | $-0.38 | $-0.07 | ||
| Q1 25 | $-0.36 | $-0.09 | ||
| Q4 24 | — | $-0.09 | ||
| Q3 24 | $-1.85 | $-0.14 | ||
| Q2 24 | — | $-0.08 | ||
| Q1 24 | — | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $159.3M | $47.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $155.3M | $19.0M |
| Total Assets | $195.8M | $76.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $159.3M | $47.9M | ||
| Q3 25 | $168.5M | $32.7M | ||
| Q2 25 | $177.4M | $36.7M | ||
| Q1 25 | $182.7M | $44.9M | ||
| Q4 24 | — | $52.5M | ||
| Q3 24 | $14.1M | $65.0M | ||
| Q2 24 | — | $69.8M | ||
| Q1 24 | — | $77.0M |
| Q4 25 | $155.3M | $19.0M | ||
| Q3 25 | $164.1M | $24.3M | ||
| Q2 25 | $172.2M | $31.8M | ||
| Q1 25 | $180.9M | $34.4M | ||
| Q4 24 | — | $39.5M | ||
| Q3 24 | $-136.0M | $43.3M | ||
| Q2 24 | — | $52.2M | ||
| Q1 24 | — | $52.8M |
| Q4 25 | $195.8M | $76.2M | ||
| Q3 25 | $199.5M | $70.4M | ||
| Q2 25 | $207.7M | $73.7M | ||
| Q1 25 | $213.5M | $83.0M | ||
| Q4 24 | — | $92.5M | ||
| Q3 24 | $47.1M | $106.8M | ||
| Q2 24 | — | $111.3M | ||
| Q1 24 | — | $121.3M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-10.8M | $-2.9M |
| Free Cash FlowOCF − Capex | $-11.0M | $-4.3M |
| FCF MarginFCF / Revenue | -44.2% | -8.7% |
| Capex IntensityCapex / Revenue | 0.7% | 2.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-41.6M | $-24.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-10.8M | $-2.9M | ||
| Q3 25 | $-11.1M | $-2.4M | ||
| Q2 25 | $-7.5M | $-7.0M | ||
| Q1 25 | $-11.4M | $-6.4M | ||
| Q4 24 | — | $-11.3M | ||
| Q3 24 | — | $-3.1M | ||
| Q2 24 | — | $-5.6M | ||
| Q1 24 | — | $4.4M |
| Q4 25 | $-11.0M | $-4.3M | ||
| Q3 25 | $-11.5M | $-4.1M | ||
| Q2 25 | $-7.6M | $-8.2M | ||
| Q1 25 | $-11.6M | $-7.6M | ||
| Q4 24 | — | $-12.5M | ||
| Q3 24 | — | $-5.0M | ||
| Q2 24 | — | $-7.1M | ||
| Q1 24 | — | $2.1M |
| Q4 25 | -44.2% | -8.7% | ||
| Q3 25 | -50.8% | -11.2% | ||
| Q2 25 | -35.9% | -18.1% | ||
| Q1 25 | -56.4% | -16.0% | ||
| Q4 24 | — | -26.0% | ||
| Q3 24 | — | -13.3% | ||
| Q2 24 | — | -14.0% | ||
| Q1 24 | — | 4.0% |
| Q4 25 | 0.7% | 2.7% | ||
| Q3 25 | 1.6% | 4.6% | ||
| Q2 25 | 0.3% | 2.6% | ||
| Q1 25 | 0.7% | 2.5% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | — | 3.0% | ||
| Q1 24 | — | 4.1% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CBLL
| Products | $18.8M | 76% |
| Subscription | $6.0M | 24% |
NRDY
Segment breakdown not available.
