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Side-by-side financial comparison of Nerdy Inc. (NRDY) and RxSight, Inc. (RXST). Click either name above to swap in a different company.

Nerdy Inc. is the larger business by last-quarter revenue ($49.1M vs $32.6M, roughly 1.5× RxSight, Inc.). Nerdy Inc. runs the higher net margin — -18.8% vs -28.1%, a 9.3% gap on every dollar of revenue. On growth, Nerdy Inc. posted the faster year-over-year revenue change (2.3% vs -18.9%). RxSight, Inc. produced more free cash flow last quarter ($-2.3M vs $-4.3M). Over the past eight quarters, RxSight, Inc.'s revenue compounded faster (5.1% 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.

RxSight, Inc. is a medical technology company focused on developing and commercializing innovative intraocular lens solutions for patients undergoing cataract and refractive lens exchange procedures. Its flagship Light Adjustable Lens allows post-surgery power adjustment via a dedicated light delivery device, serving global ophthalmology care markets to improve post-operative visual outcomes for patients.

NRDY vs RXST — Head-to-Head

Bigger by revenue
NRDY
NRDY
1.5× larger
NRDY
$49.1M
$32.6M
RXST
Growing faster (revenue YoY)
NRDY
NRDY
+21.3% gap
NRDY
2.3%
-18.9%
RXST
Higher net margin
NRDY
NRDY
9.3% more per $
NRDY
-18.8%
-28.1%
RXST
More free cash flow
RXST
RXST
$2.0M more FCF
RXST
$-2.3M
$-4.3M
NRDY
Faster 2-yr revenue CAGR
RXST
RXST
Annualised
RXST
5.1%
-4.4%
NRDY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NRDY
NRDY
RXST
RXST
Revenue
$49.1M
$32.6M
Net Profit
$-9.2M
$-9.2M
Gross Margin
51.0%
77.5%
Operating Margin
-28.3%
-34.8%
Net Margin
-18.8%
-28.1%
Revenue YoY
2.3%
-18.9%
Net Profit YoY
8.9%
-54.1%
EPS (diluted)
$-0.07
$-0.22

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.

Revenue
NRDY
NRDY
RXST
RXST
Q4 25
$49.1M
$32.6M
Q3 25
$37.0M
$30.3M
Q2 25
$45.3M
$33.6M
Q1 25
$47.6M
$37.9M
Q4 24
$48.0M
$40.2M
Q3 24
$37.5M
$35.3M
Q2 24
$51.0M
$34.9M
Q1 24
$53.7M
$29.5M
Net Profit
NRDY
NRDY
RXST
RXST
Q4 25
$-9.2M
$-9.2M
Q3 25
$-12.3M
$-9.8M
Q2 25
$-7.9M
$-11.8M
Q1 25
$-10.5M
$-8.2M
Q4 24
$-10.1M
$-5.9M
Q3 24
$-15.9M
$-6.3M
Q2 24
$-9.1M
$-6.1M
Q1 24
$-7.4M
$-9.1M
Gross Margin
NRDY
NRDY
RXST
RXST
Q4 25
51.0%
77.5%
Q3 25
62.9%
79.9%
Q2 25
61.5%
74.9%
Q1 25
58.0%
74.8%
Q4 24
66.6%
71.6%
Q3 24
70.5%
71.4%
Q2 24
65.7%
69.5%
Q1 24
68.0%
70.1%
Operating Margin
NRDY
NRDY
RXST
RXST
Q4 25
-28.3%
-34.8%
Q3 25
-51.5%
-40.1%
Q2 25
-27.1%
-41.6%
Q1 25
-34.8%
-28.2%
Q4 24
-34.0%
-21.5%
Q3 24
-68.5%
-26.1%
Q2 24
-29.9%
-23.9%
Q1 24
-23.9%
-36.2%
Net Margin
NRDY
NRDY
RXST
RXST
Q4 25
-18.8%
-28.1%
Q3 25
-33.2%
-32.4%
Q2 25
-17.4%
-35.0%
Q1 25
-22.1%
-21.6%
Q4 24
-21.1%
-14.8%
Q3 24
-42.4%
-17.9%
Q2 24
-17.8%
-17.4%
Q1 24
-13.9%
-30.8%
EPS (diluted)
NRDY
NRDY
RXST
RXST
Q4 25
$-0.07
$-0.22
Q3 25
$-0.10
$-0.24
Q2 25
$-0.07
$-0.29
Q1 25
$-0.09
$-0.20
Q4 24
$-0.09
$-0.14
Q3 24
$-0.14
$-0.16
Q2 24
$-0.08
$-0.16
Q1 24
$-0.07
$-0.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NRDY
NRDY
RXST
RXST
Cash + ST InvestmentsLiquidity on hand
$47.9M
$228.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$19.0M
$275.7M
Total Assets
$76.2M
$311.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NRDY
NRDY
RXST
RXST
Q4 25
$47.9M
$228.1M
Q3 25
$32.7M
$227.5M
Q2 25
$36.7M
$227.5M
Q1 25
$44.9M
$229.3M
Q4 24
$52.5M
$237.2M
Q3 24
$65.0M
$237.1M
Q2 24
$69.8M
$233.3M
Q1 24
$77.0M
$125.4M
Stockholders' Equity
NRDY
NRDY
RXST
RXST
Q4 25
$19.0M
$275.7M
Q3 25
$24.3M
$276.0M
Q2 25
$31.8M
$278.0M
Q1 25
$34.4M
$279.3M
Q4 24
$39.5M
$281.2M
Q3 24
$43.3M
$277.3M
Q2 24
$52.2M
$275.2M
Q1 24
$52.8M
$163.9M
Total Assets
NRDY
NRDY
RXST
RXST
Q4 25
$76.2M
$311.8M
Q3 25
$70.4M
$308.5M
Q2 25
$73.7M
$309.0M
Q1 25
$83.0M
$313.0M
Q4 24
$92.5M
$318.6M
Q3 24
$106.8M
$310.5M
Q2 24
$111.3M
$305.5M
Q1 24
$121.3M
$183.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NRDY
NRDY
RXST
RXST
Operating Cash FlowLast quarter
$-2.9M
$-1.1M
Free Cash FlowOCF − Capex
$-4.3M
$-2.3M
FCF MarginFCF / Revenue
-8.7%
-6.9%
Capex IntensityCapex / Revenue
2.7%
3.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-24.2M
$-19.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NRDY
NRDY
RXST
RXST
Q4 25
$-2.9M
$-1.1M
Q3 25
$-2.4M
$-1.2M
Q2 25
$-7.0M
$-4.4M
Q1 25
$-6.4M
$-8.8M
Q4 24
$-11.3M
$-4.3M
Q3 24
$-3.1M
$650.0K
Q2 24
$-5.6M
$-4.0M
Q1 24
$4.4M
$-9.3M
Free Cash Flow
NRDY
NRDY
RXST
RXST
Q4 25
$-4.3M
$-2.3M
Q3 25
$-4.1M
$-1.8M
Q2 25
$-8.2M
$-5.9M
Q1 25
$-7.6M
$-9.4M
Q4 24
$-12.5M
$-5.1M
Q3 24
$-5.0M
$-453.0K
Q2 24
$-7.1M
$-5.5M
Q1 24
$2.1M
$-11.3M
FCF Margin
NRDY
NRDY
RXST
RXST
Q4 25
-8.7%
-6.9%
Q3 25
-11.2%
-5.8%
Q2 25
-18.1%
-17.6%
Q1 25
-16.0%
-24.8%
Q4 24
-26.0%
-12.7%
Q3 24
-13.3%
-1.3%
Q2 24
-14.0%
-15.9%
Q1 24
4.0%
-38.2%
Capex Intensity
NRDY
NRDY
RXST
RXST
Q4 25
2.7%
3.5%
Q3 25
4.6%
1.9%
Q2 25
2.6%
4.6%
Q1 25
2.5%
1.5%
Q4 24
2.4%
2.1%
Q3 24
5.2%
3.1%
Q2 24
3.0%
4.4%
Q1 24
4.1%
6.7%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NRDY
NRDY

Segment breakdown not available.

RXST
RXST

Rxlal$28.2M86%
LDD$3.0M9%
Service Warranty Service Contracts And Accessories$1.5M4%

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