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Side-by-side financial comparison of Nerdy Inc. (NRDY) and UNIVERSAL TECHNICAL INSTITUTE INC (UTI). Click either name above to swap in a different company.
UNIVERSAL TECHNICAL INSTITUTE INC is the larger business by last-quarter revenue ($220.8M vs $49.1M, roughly 4.5× Nerdy Inc.). UNIVERSAL TECHNICAL INSTITUTE INC runs the higher net margin — 5.8% vs -18.8%, a 24.6% gap on every dollar of revenue. On growth, UNIVERSAL TECHNICAL INSTITUTE INC posted the faster year-over-year revenue change (9.6% vs 2.3%). Nerdy Inc. produced more free cash flow last quarter ($-4.3M vs $-19.2M). Over the past eight quarters, UNIVERSAL TECHNICAL INSTITUTE INC's revenue compounded faster (9.5% 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.
Universal Technical Institute, Inc. (UTI) is a private for-profit system of technical colleges in the United States. It was established in 1965 by Robert Sweet.
NRDY vs UTI — Head-to-Head
Income Statement — Q4 2025 vs Q1 2026
| Metric | | |
|---|---|---|
| Revenue | $49.1M | $220.8M |
| Net Profit | $-9.2M | $12.8M |
| Gross Margin | 51.0% | — |
| Operating Margin | -28.3% | 7.1% |
| Net Margin | -18.8% | 5.8% |
| Revenue YoY | 2.3% | 9.6% |
| Net Profit YoY | 8.9% | -42.1% |
| EPS (diluted) | $-0.07 | $0.23 |
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 | $220.8M | ||
| Q3 25 | $37.0M | $222.4M | ||
| Q2 25 | $45.3M | $204.3M | ||
| Q1 25 | $47.6M | $207.4M | ||
| Q4 24 | $48.0M | $201.4M | ||
| Q3 24 | $37.5M | $196.4M | ||
| Q2 24 | $51.0M | $177.5M | ||
| Q1 24 | $53.7M | $184.2M |
| Q4 25 | $-9.2M | $12.8M | ||
| Q3 25 | $-12.3M | $18.8M | ||
| Q2 25 | $-7.9M | $10.7M | ||
| Q1 25 | $-10.5M | $11.4M | ||
| Q4 24 | $-10.1M | $22.2M | ||
| Q3 24 | $-15.9M | $18.8M | ||
| Q2 24 | $-9.1M | $5.0M | ||
| Q1 24 | $-7.4M | $7.8M |
| 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% | 7.1% | ||
| Q3 25 | -51.5% | 11.2% | ||
| Q2 25 | -27.1% | 6.9% | ||
| Q1 25 | -34.8% | 8.1% | ||
| Q4 24 | -34.0% | 13.6% | ||
| Q3 24 | -68.5% | 13.3% | ||
| Q2 24 | -29.9% | 4.2% | ||
| Q1 24 | -23.9% | 6.1% |
| Q4 25 | -18.8% | 5.8% | ||
| Q3 25 | -33.2% | 8.4% | ||
| Q2 25 | -17.4% | 5.2% | ||
| Q1 25 | -22.1% | 5.5% | ||
| Q4 24 | -21.1% | 11.0% | ||
| Q3 24 | -42.4% | 9.6% | ||
| Q2 24 | -17.8% | 2.8% | ||
| Q1 24 | -13.9% | 4.2% |
| Q4 25 | $-0.07 | $0.23 | ||
| Q3 25 | $-0.10 | $0.33 | ||
| Q2 25 | $-0.07 | $0.19 | ||
| Q1 25 | $-0.09 | $0.21 | ||
| Q4 24 | $-0.09 | $0.40 | ||
| Q3 24 | $-0.14 | $0.35 | ||
| Q2 24 | $-0.08 | $0.09 | ||
| Q1 24 | $-0.07 | $0.14 |
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 | $162.8M |
| Total DebtLower is stronger | — | $101.4M |
| Stockholders' EquityBook value | $19.0M | $335.9M |
| Total Assets | $76.2M | $834.0M |
| Debt / EquityLower = less leverage | — | 0.30× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $47.9M | $162.8M | ||
| Q3 25 | $32.7M | $169.1M | ||
| Q2 25 | $36.7M | $70.7M | ||
| Q1 25 | $44.9M | $96.0M | ||
| Q4 24 | $52.5M | $172.0M | ||
| Q3 24 | $65.0M | $161.9M | ||
| Q2 24 | $69.8M | $115.5M | ||
| Q1 24 | $77.0M | $116.1M |
| Q4 25 | — | $101.4M | ||
| Q3 25 | — | $87.1M | ||
| Q2 25 | — | $73.8M | ||
| Q1 25 | — | $94.4M | ||
| Q4 24 | — | $120.1M | ||
| Q3 24 | — | $125.7M | ||
| Q2 24 | — | $137.3M | ||
| Q1 24 | — | $141.9M |
| Q4 25 | $19.0M | $335.9M | ||
| Q3 25 | $24.3M | $328.1M | ||
| Q2 25 | $31.8M | $306.8M | ||
| Q1 25 | $34.4M | $293.9M | ||
| Q4 24 | $39.5M | $280.0M | ||
| Q3 24 | $43.3M | $260.2M | ||
| Q2 24 | $52.2M | $239.4M | ||
| Q1 24 | $52.8M | $232.6M |
| Q4 25 | $76.2M | $834.0M | ||
| Q3 25 | $70.4M | $826.1M | ||
| Q2 25 | $73.7M | $740.8M | ||
| Q1 25 | $83.0M | $720.4M | ||
| Q4 24 | $92.5M | $753.8M | ||
| Q3 24 | $106.8M | $744.6M | ||
| Q2 24 | $111.3M | $706.0M | ||
| Q1 24 | $121.3M | $702.1M |
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.43× | ||
| Q3 24 | — | 0.48× | ||
| Q2 24 | — | 0.57× | ||
| Q1 24 | — | 0.61× |
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 | $3.1M |
| Free Cash FlowOCF − Capex | $-4.3M | $-19.2M |
| FCF MarginFCF / Revenue | -8.7% | -8.7% |
| Capex IntensityCapex / Revenue | 2.7% | 10.1% |
| Cash ConversionOCF / Net Profit | — | 0.24× |
| TTM Free Cash FlowTrailing 4 quarters | $-24.2M | $16.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.9M | $3.1M | ||
| Q3 25 | $-2.4M | $57.1M | ||
| Q2 25 | $-7.0M | $18.1M | ||
| Q1 25 | $-6.4M | $-789.0K | ||
| Q4 24 | $-11.3M | $23.0M | ||
| Q3 24 | $-3.1M | $67.5M | ||
| Q2 24 | $-5.6M | $10.0M | ||
| Q1 24 | $4.4M | $-2.5M |
| Q4 25 | $-4.3M | $-19.2M | ||
| Q3 25 | $-4.1M | $40.6M | ||
| Q2 25 | $-8.2M | $6.8M | ||
| Q1 25 | $-7.6M | $-11.7M | ||
| Q4 24 | $-12.5M | $19.6M | ||
| Q3 24 | $-5.0M | $60.0M | ||
| Q2 24 | $-7.1M | $3.0M | ||
| Q1 24 | $2.1M | $-8.4M |
| Q4 25 | -8.7% | -8.7% | ||
| Q3 25 | -11.2% | 18.3% | ||
| Q2 25 | -18.1% | 3.4% | ||
| Q1 25 | -16.0% | -5.7% | ||
| Q4 24 | -26.0% | 9.7% | ||
| Q3 24 | -13.3% | 30.6% | ||
| Q2 24 | -14.0% | 1.7% | ||
| Q1 24 | 4.0% | -4.6% |
| Q4 25 | 2.7% | 10.1% | ||
| Q3 25 | 4.6% | 7.4% | ||
| Q2 25 | 2.6% | 5.5% | ||
| Q1 25 | 2.5% | 5.3% | ||
| Q4 24 | 2.4% | 1.7% | ||
| Q3 24 | 5.2% | 3.8% | ||
| Q2 24 | 3.0% | 4.0% | ||
| Q1 24 | 4.1% | 3.2% |
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | 3.04× | ||
| Q2 25 | — | 1.69× | ||
| Q1 25 | — | -0.07× | ||
| Q4 24 | — | 1.04× | ||
| Q3 24 | — | 3.58× | ||
| Q2 24 | — | 2.01× | ||
| Q1 24 | — | -0.32× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NRDY
Segment breakdown not available.
UTI
| UTI | $142.8M | 65% |
| Concorde | $78.0M | 35% |
