vs
Side-by-side financial comparison of Nerdy Inc. (NRDY) and READING INTERNATIONAL INC (RDI). Click either name above to swap in a different company.
READING INTERNATIONAL INC is the larger business by last-quarter revenue ($50.3M vs $49.1M, roughly 1.0× Nerdy Inc.). READING INTERNATIONAL INC runs the higher net margin — -5.1% vs -18.8%, a 13.7% gap on every dollar of revenue. On growth, Nerdy Inc. posted the faster year-over-year revenue change (2.3% vs -14.2%). READING INTERNATIONAL INC produced more free cash flow last quarter ($4.1M vs $-4.3M). Over the past eight quarters, READING INTERNATIONAL INC's revenue compounded faster (5.6% 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.
The Reading Company was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976.
NRDY vs RDI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $49.1M | $50.3M |
| Net Profit | $-9.2M | $-2.6M |
| Gross Margin | 51.0% | — |
| Operating Margin | -28.3% | -1.9% |
| Net Margin | -18.8% | -5.1% |
| Revenue YoY | 2.3% | -14.2% |
| Net Profit YoY | 8.9% | -14.5% |
| EPS (diluted) | $-0.07 | $-0.11 |
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 | $50.3M | ||
| Q3 25 | $37.0M | $52.2M | ||
| Q2 25 | $45.3M | $60.4M | ||
| Q1 25 | $47.6M | $40.2M | ||
| Q4 24 | $48.0M | $58.6M | ||
| Q3 24 | $37.5M | $60.1M | ||
| Q2 24 | $51.0M | $46.8M | ||
| Q1 24 | $53.7M | $45.1M |
| Q4 25 | $-9.2M | $-2.6M | ||
| Q3 25 | $-12.3M | $-4.2M | ||
| Q2 25 | $-7.9M | $-2.7M | ||
| Q1 25 | $-10.5M | $-4.8M | ||
| Q4 24 | $-10.1M | $-2.2M | ||
| Q3 24 | $-15.9M | $-7.0M | ||
| Q2 24 | $-9.1M | $-12.8M | ||
| Q1 24 | $-7.4M | $-13.2M |
| Q4 25 | 51.0% | — | ||
| Q3 25 | 62.9% | — | ||
| Q2 25 | 61.5% | — | ||
| Q1 25 | 58.0% | — | ||
| Q4 24 | 66.6% | — | ||
| Q3 24 | 70.5% | — | ||
| Q2 24 | 65.7% | — | ||
| Q1 24 | 68.0% | — |
| Q4 25 | -28.3% | -1.9% | ||
| Q3 25 | -51.5% | -0.6% | ||
| Q2 25 | -27.1% | 4.8% | ||
| Q1 25 | -34.8% | -17.2% | ||
| Q4 24 | -34.0% | 2.6% | ||
| Q3 24 | -68.5% | -0.6% | ||
| Q2 24 | -29.9% | -16.4% | ||
| Q1 24 | -23.9% | -16.7% |
| Q4 25 | -18.8% | -5.1% | ||
| Q3 25 | -33.2% | -8.0% | ||
| Q2 25 | -17.4% | -4.4% | ||
| Q1 25 | -22.1% | -11.8% | ||
| Q4 24 | -21.1% | -3.8% | ||
| Q3 24 | -42.4% | -11.7% | ||
| Q2 24 | -17.8% | -27.4% | ||
| Q1 24 | -13.9% | -29.4% |
| Q4 25 | $-0.07 | $-0.11 | ||
| Q3 25 | $-0.10 | $-0.18 | ||
| Q2 25 | $-0.07 | $-0.12 | ||
| Q1 25 | $-0.09 | $-0.21 | ||
| Q4 24 | $-0.09 | $-0.11 | ||
| Q3 24 | $-0.14 | $-0.31 | ||
| Q2 24 | $-0.08 | $-0.57 | ||
| Q1 24 | $-0.07 | $-0.59 |
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 | $10.5M |
| Total DebtLower is stronger | — | $185.1M |
| Stockholders' EquityBook value | $19.0M | $-18.2M |
| Total Assets | $76.2M | $434.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $47.9M | $10.5M | ||
| Q3 25 | $32.7M | $8.1M | ||
| Q2 25 | $36.7M | $9.1M | ||
| Q1 25 | $44.9M | $5.9M | ||
| Q4 24 | $52.5M | $12.4M | ||
| Q3 24 | $65.0M | $10.1M | ||
| Q2 24 | $69.8M | $9.3M | ||
| Q1 24 | $77.0M | $7.5M |
| Q4 25 | — | $185.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $19.0M | $-18.2M | ||
| Q3 25 | $24.3M | $-12.1M | ||
| Q2 25 | $31.8M | $-7.7M | ||
| Q1 25 | $34.4M | $-8.1M | ||
| Q4 24 | $39.5M | $-4.4M | ||
| Q3 24 | $43.3M | $1.6M | ||
| Q2 24 | $52.2M | $6.5M | ||
| Q1 24 | $52.8M | $18.0M |
| Q4 25 | $76.2M | $434.9M | ||
| Q3 25 | $70.4M | $435.2M | ||
| Q2 25 | $73.7M | $438.1M | ||
| Q1 25 | $83.0M | $441.0M | ||
| Q4 24 | $92.5M | $471.0M | ||
| Q3 24 | $106.8M | $495.7M | ||
| Q2 24 | $111.3M | $494.9M | ||
| Q1 24 | $121.3M | $494.9M |
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 | $4.3M |
| Free Cash FlowOCF − Capex | $-4.3M | $4.1M |
| FCF MarginFCF / Revenue | -8.7% | 8.2% |
| Capex IntensityCapex / Revenue | 2.7% | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-24.2M | $-2.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.9M | $4.3M | ||
| Q3 25 | $-2.4M | $295.0K | ||
| Q2 25 | $-7.0M | $1.6M | ||
| Q1 25 | $-6.4M | $-7.7M | ||
| Q4 24 | $-11.3M | $8.0M | ||
| Q3 24 | $-3.1M | $1.3M | ||
| Q2 24 | $-5.6M | $-10.4M | ||
| Q1 24 | $4.4M | $-2.8M |
| Q4 25 | $-4.3M | $4.1M | ||
| Q3 25 | $-4.1M | $-246.0K | ||
| Q2 25 | $-8.2M | $1.2M | ||
| Q1 25 | $-7.6M | $-8.0M | ||
| Q4 24 | $-12.5M | $7.0M | ||
| Q3 24 | $-5.0M | $-1.1M | ||
| Q2 24 | $-7.1M | $-10.6M | ||
| Q1 24 | $2.1M | $-4.7M |
| Q4 25 | -8.7% | 8.2% | ||
| Q3 25 | -11.2% | -0.5% | ||
| Q2 25 | -18.1% | 1.9% | ||
| Q1 25 | -16.0% | -19.8% | ||
| Q4 24 | -26.0% | 12.0% | ||
| Q3 24 | -13.3% | -1.8% | ||
| Q2 24 | -14.0% | -22.7% | ||
| Q1 24 | 4.0% | -10.4% |
| Q4 25 | 2.7% | 0.3% | ||
| Q3 25 | 4.6% | 1.0% | ||
| Q2 25 | 2.6% | 0.6% | ||
| Q1 25 | 2.5% | 0.6% | ||
| Q4 24 | 2.4% | 1.7% | ||
| Q3 24 | 5.2% | 4.0% | ||
| Q2 24 | 3.0% | 0.5% | ||
| Q1 24 | 4.1% | 4.3% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NRDY
Segment breakdown not available.
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
