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Side-by-side financial comparison of Nerdy Inc. (NRDY) and PUMA BIOTECHNOLOGY, INC. (PBYI). Click either name above to swap in a different company.
PUMA BIOTECHNOLOGY, INC. is the larger business by last-quarter revenue ($75.5M vs $49.1M, roughly 1.5× Nerdy Inc.). On growth, PUMA BIOTECHNOLOGY, INC. posted the faster year-over-year revenue change (27.7% vs 2.3%). PUMA BIOTECHNOLOGY, INC. produced more free cash flow last quarter ($14.4M vs $-4.3M). Over the past eight quarters, PUMA BIOTECHNOLOGY, INC.'s revenue compounded faster (31.3% CAGR vs -4.4%).
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.
Puma Biotechnology is a publicly traded biopharmaceutical company headquartered in Los Angeles, CA.
NRDY vs PBYI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $49.1M | $75.5M |
| Net Profit | $-9.2M | — |
| Gross Margin | 51.0% | 69.3% |
| Operating Margin | -28.3% | 22.7% |
| Net Margin | -18.8% | — |
| Revenue YoY | 2.3% | 27.7% |
| Net Profit YoY | 8.9% | — |
| EPS (diluted) | $-0.07 | $0.26 |
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 | $49.1M | $75.5M | ||
| Q3 25 | $37.0M | $54.5M | ||
| Q2 25 | $45.3M | $52.4M | ||
| Q1 25 | $47.6M | $46.0M | ||
| Q4 24 | $48.0M | $59.1M | ||
| Q3 24 | $37.5M | $80.5M | ||
| Q2 24 | $51.0M | $47.1M | ||
| Q1 24 | $53.7M | $43.8M |
| Q4 25 | $-9.2M | — | ||
| Q3 25 | $-12.3M | $8.8M | ||
| Q2 25 | $-7.9M | $5.9M | ||
| Q1 25 | $-10.5M | $3.0M | ||
| Q4 24 | $-10.1M | — | ||
| Q3 24 | $-15.9M | $20.3M | ||
| Q2 24 | $-9.1M | $-4.5M | ||
| Q1 24 | $-7.4M | $-4.8M |
| Q4 25 | 51.0% | 69.3% | ||
| Q3 25 | 62.9% | 77.7% | ||
| Q2 25 | 61.5% | 76.5% | ||
| Q1 25 | 58.0% | 77.1% | ||
| Q4 24 | 66.6% | 76.4% | ||
| Q3 24 | 70.5% | 63.9% | ||
| Q2 24 | 65.7% | 77.4% | ||
| Q1 24 | 68.0% | 75.5% |
| Q4 25 | -28.3% | 22.7% | ||
| Q3 25 | -51.5% | 17.6% | ||
| Q2 25 | -27.1% | 12.7% | ||
| Q1 25 | -34.8% | 8.7% | ||
| Q4 24 | -34.0% | 22.6% | ||
| Q3 24 | -68.5% | 27.4% | ||
| Q2 24 | -29.9% | -4.6% | ||
| Q1 24 | -23.9% | -5.3% |
| Q4 25 | -18.8% | — | ||
| Q3 25 | -33.2% | 16.2% | ||
| Q2 25 | -17.4% | 11.2% | ||
| Q1 25 | -22.1% | 6.5% | ||
| Q4 24 | -21.1% | — | ||
| Q3 24 | -42.4% | 25.2% | ||
| Q2 24 | -17.8% | -9.6% | ||
| Q1 24 | -13.9% | -11.0% |
| Q4 25 | $-0.07 | $0.26 | ||
| Q3 25 | $-0.10 | $0.17 | ||
| Q2 25 | $-0.07 | $0.12 | ||
| Q1 25 | $-0.09 | $0.06 | ||
| Q4 24 | $-0.09 | $0.40 | ||
| Q3 24 | $-0.14 | $0.41 | ||
| Q2 24 | $-0.08 | $-0.09 | ||
| Q1 24 | $-0.07 | $-0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $47.9M | $97.5M |
| Total DebtLower is stronger | — | $22.7M |
| Stockholders' EquityBook value | $19.0M | $130.3M |
| Total Assets | $76.2M | $216.3M |
| Debt / EquityLower = less leverage | — | 0.17× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $47.9M | $97.5M | ||
| Q3 25 | $32.7M | $94.4M | ||
| Q2 25 | $36.7M | $96.0M | ||
| Q1 25 | $44.9M | $93.2M | ||
| Q4 24 | $52.5M | $101.0M | ||
| Q3 24 | $65.0M | $96.7M | ||
| Q2 24 | $69.8M | $96.8M | ||
| Q1 24 | $77.0M | $107.2M |
| Q4 25 | — | $22.7M | ||
| Q3 25 | — | $34.0M | ||
| Q2 25 | — | $45.3M | ||
| Q1 25 | — | $56.7M | ||
| Q4 24 | — | $68.0M | ||
| Q3 24 | — | $79.3M | ||
| Q2 24 | — | $90.7M | ||
| Q1 24 | — | $102.0M |
| Q4 25 | $19.0M | $130.3M | ||
| Q3 25 | $24.3M | $115.3M | ||
| Q2 25 | $31.8M | $104.7M | ||
| Q1 25 | $34.4M | $97.1M | ||
| Q4 24 | $39.5M | $92.1M | ||
| Q3 24 | $43.3M | $71.1M | ||
| Q2 24 | $52.2M | $48.5M | ||
| Q1 24 | $52.8M | $51.0M |
| Q4 25 | $76.2M | $216.3M | ||
| Q3 25 | $70.4M | $202.9M | ||
| Q2 25 | $73.7M | $194.9M | ||
| Q1 25 | $83.0M | $196.2M | ||
| Q4 24 | $92.5M | $213.3M | ||
| Q3 24 | $106.8M | $220.7M | ||
| Q2 24 | $111.3M | $205.0M | ||
| Q1 24 | $121.3M | $214.1M |
| Q4 25 | — | 0.17× | ||
| Q3 25 | — | 0.30× | ||
| Q2 25 | — | 0.43× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 1.12× | ||
| Q2 24 | — | 1.87× | ||
| Q1 24 | — | 2.00× |
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 | $-2.9M | $14.4M |
| Free Cash FlowOCF − Capex | $-4.3M | $14.4M |
| FCF MarginFCF / Revenue | -8.7% | 19.1% |
| Capex IntensityCapex / Revenue | 2.7% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-24.2M | $41.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.9M | $14.4M | ||
| Q3 25 | $-2.4M | $9.7M | ||
| Q2 25 | $-7.0M | $14.1M | ||
| Q1 25 | $-6.4M | $3.6M | ||
| Q4 24 | $-11.3M | $15.6M | ||
| Q3 24 | $-3.1M | $11.0M | ||
| Q2 24 | $-5.6M | $1.0M | ||
| Q1 24 | $4.4M | $11.2M |
| Q4 25 | $-4.3M | $14.4M | ||
| Q3 25 | $-4.1M | $9.7M | ||
| Q2 25 | $-8.2M | $14.1M | ||
| Q1 25 | $-7.6M | $3.6M | ||
| Q4 24 | $-12.5M | $15.6M | ||
| Q3 24 | $-5.0M | $11.0M | ||
| Q2 24 | $-7.1M | $1.0M | ||
| Q1 24 | $2.1M | — |
| Q4 25 | -8.7% | 19.1% | ||
| Q3 25 | -11.2% | 17.7% | ||
| Q2 25 | -18.1% | 26.8% | ||
| Q1 25 | -16.0% | 7.7% | ||
| Q4 24 | -26.0% | 26.4% | ||
| Q3 24 | -13.3% | 13.7% | ||
| Q2 24 | -14.0% | 2.1% | ||
| Q1 24 | 4.0% | — |
| Q4 25 | 2.7% | 0.0% | ||
| Q3 25 | 4.6% | 0.0% | ||
| Q2 25 | 2.6% | 0.0% | ||
| Q1 25 | 2.5% | 0.1% | ||
| Q4 24 | 2.4% | 0.0% | ||
| Q3 24 | 5.2% | 0.0% | ||
| Q2 24 | 3.0% | 0.0% | ||
| Q1 24 | 4.1% | 0.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.10× | ||
| Q2 25 | — | 2.41× | ||
| Q1 25 | — | 1.21× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.54× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
