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Nerdy Inc.（NRDY）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
Repay Holdings Corp的季度营收约是Nerdy Inc.的1.6倍（$78.6M vs $49.1M），Nerdy Inc.净利率更高（-18.8% vs -178.3%，领先159.5%），Nerdy Inc.同比增速更快（2.3% vs 0.4%），Repay Holdings Corp自由现金流更多（$23.2M vs $-4.3M），过去两年Repay Holdings Corp的营收复合增速更高（-1.3% vs -4.4%）
Nerdy Inc.是总部位于美国的知名教育科技企业，旗下运营Varsity Tutors等在线学习平台，提供一对一实时辅导、点播课程、备考资源及技能培训内容，服务K12学生、高校学习者及职场人士，覆盖多类学业与职业能力提升需求。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
NRDY vs RPAY — 直观对比
营收规模更大
RPAY
是对方的1.6倍
$49.1M
营收增速更快
NRDY
高出1.9%
0.4%
净利率更高
NRDY
高出159.5%
-178.3%
自由现金流更多
RPAY
多$27.5M
$-4.3M
两年增速更快
RPAY
近两年复合增速
-4.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $49.1M | $78.6M |
| 净利润 | $-9.2M | $-140.1M |
| 毛利率 | 51.0% | 74.2% |
| 营业利润率 | -28.3% | -182.2% |
| 净利率 | -18.8% | -178.3% |
| 营收同比 | 2.3% | 0.4% |
| 净利润同比 | 8.9% | -3304.1% |
| 每股收益（稀释后） | $-0.07 | $-1.68 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收NRDYRPAY
| Q4 25 | $49.1M | $78.6M | ||
| Q3 25 | $37.0M | $77.7M | ||
| Q2 25 | $45.3M | $75.6M | ||
| Q1 25 | $47.6M | $77.3M | ||
| Q4 24 | $48.0M | $78.3M | ||
| Q3 24 | $37.5M | $79.1M | ||
| Q2 24 | $51.0M | $74.9M | ||
| Q1 24 | $53.7M | $80.7M |
净利润NRDYRPAY
| Q4 25 | $-9.2M | $-140.1M | ||
| Q3 25 | $-12.3M | $-6.4M | ||
| Q2 25 | $-7.9M | $-102.3M | ||
| Q1 25 | $-10.5M | $-7.9M | ||
| Q4 24 | $-10.1M | $-4.1M | ||
| Q3 24 | $-15.9M | $3.2M | ||
| Q2 24 | $-9.1M | $-4.1M | ||
| Q1 24 | $-7.4M | $-5.2M |
毛利率NRDYRPAY
| Q4 25 | 51.0% | 74.2% | ||
| Q3 25 | 62.9% | 74.4% | ||
| Q2 25 | 61.5% | 75.7% | ||
| Q1 25 | 58.0% | 75.9% | ||
| Q4 24 | 66.6% | 76.3% | ||
| Q3 24 | 70.5% | 77.8% | ||
| Q2 24 | 65.7% | 78.2% | ||
| Q1 24 | 68.0% | 76.2% |
营业利润率NRDYRPAY
| Q4 25 | -28.3% | -182.2% | ||
| Q3 25 | -51.5% | -3.9% | ||
| Q2 25 | -27.1% | -138.7% | ||
| Q1 25 | -34.8% | -4.7% | ||
| Q4 24 | -34.0% | -1.5% | ||
| Q3 24 | -68.5% | -0.9% | ||
| Q2 24 | -29.9% | -4.6% | ||
| Q1 24 | -23.9% | -3.1% |
净利率NRDYRPAY
| Q4 25 | -18.8% | -178.3% | ||
| Q3 25 | -33.2% | -8.3% | ||
| Q2 25 | -17.4% | -135.2% | ||
| Q1 25 | -22.1% | -10.3% | ||
| Q4 24 | -21.1% | -5.3% | ||
| Q3 24 | -42.4% | 4.1% | ||
| Q2 24 | -17.8% | -5.4% | ||
| Q1 24 | -13.9% | -6.5% |
每股收益（稀释后）NRDYRPAY
| Q4 25 | $-0.07 | $-1.68 | ||
| Q3 25 | $-0.10 | $-0.08 | ||
| Q2 25 | $-0.07 | $-1.15 | ||
| Q1 25 | $-0.09 | $-0.09 | ||
| Q4 24 | $-0.09 | $-0.04 | ||
| Q3 24 | $-0.14 | $0.03 | ||
| Q2 24 | $-0.08 | $-0.04 | ||
| Q1 24 | $-0.07 | $-0.06 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $47.9M | $115.7M |
| 总债务越低越好 | — | $280.1M |
| 股东权益账面价值 | $19.0M | $484.4M |
| 总资产 | $76.2M | $1.2B |
| 负债/权益比越低杠杆越低 | — | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资NRDYRPAY
| Q4 25 | $47.9M | $115.7M | ||
| Q3 25 | $32.7M | $95.7M | ||
| Q2 25 | $36.7M | $162.6M | ||
| Q1 25 | $44.9M | $165.5M | ||
| Q4 24 | $52.5M | $189.5M | ||
| Q3 24 | $65.0M | $168.7M | ||
| Q2 24 | $69.8M | $147.1M | ||
| Q1 24 | $77.0M | $128.3M |
总债务NRDYRPAY
| Q4 25 | — | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | — | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
股东权益NRDYRPAY
| Q4 25 | $19.0M | $484.4M | ||
| Q3 25 | $24.3M | $616.9M | ||
| Q2 25 | $31.8M | $633.7M | ||
| Q1 25 | $34.4M | $755.7M | ||
| Q4 24 | $39.5M | $761.3M | ||
| Q3 24 | $43.3M | $754.7M | ||
| Q2 24 | $52.2M | $815.4M | ||
| Q1 24 | $52.8M | $813.8M |
总资产NRDYRPAY
| Q4 25 | $76.2M | $1.2B | ||
| Q3 25 | $70.4M | $1.3B | ||
| Q2 25 | $73.7M | $1.4B | ||
| Q1 25 | $83.0M | $1.5B | ||
| Q4 24 | $92.5M | $1.6B | ||
| Q3 24 | $106.8M | $1.6B | ||
| Q2 24 | $111.3M | $1.5B | ||
| Q1 24 | $121.3M | $1.5B |
负债/权益比NRDYRPAY
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-2.9M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $-4.3M | $23.2M |
| 自由现金流率自由现金流/营收 | -8.7% | 29.6% |
| 资本支出强度资本支出/营收 | 2.7% | 0.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-24.2M | $90.7M |
8季度趋势，按日历期对齐
经营现金流NRDYRPAY
| Q4 25 | $-2.9M | $23.3M | ||
| Q3 25 | $-2.4M | $32.2M | ||
| Q2 25 | $-7.0M | $33.1M | ||
| Q1 25 | $-6.4M | $2.5M | ||
| Q4 24 | $-11.3M | $34.3M | ||
| Q3 24 | $-3.1M | $60.1M | ||
| Q2 24 | $-5.6M | $31.0M | ||
| Q1 24 | $4.4M | $24.8M |
自由现金流NRDYRPAY
| Q4 25 | $-4.3M | $23.2M | ||
| Q3 25 | $-4.1M | $32.1M | ||
| Q2 25 | $-8.2M | $33.0M | ||
| Q1 25 | $-7.6M | $2.4M | ||
| Q4 24 | $-12.5M | $34.0M | ||
| Q3 24 | $-5.0M | $59.8M | ||
| Q2 24 | $-7.1M | $30.5M | ||
| Q1 24 | $2.1M | $24.7M |
自由现金流率NRDYRPAY
| Q4 25 | -8.7% | 29.6% | ||
| Q3 25 | -11.2% | 41.3% | ||
| Q2 25 | -18.1% | 43.6% | ||
| Q1 25 | -16.0% | 3.0% | ||
| Q4 24 | -26.0% | 43.5% | ||
| Q3 24 | -13.3% | 75.6% | ||
| Q2 24 | -14.0% | 40.7% | ||
| Q1 24 | 4.0% | 30.6% |
资本支出强度NRDYRPAY
| Q4 25 | 2.7% | 0.1% | ||
| Q3 25 | 4.6% | 0.2% | ||
| Q2 25 | 2.6% | 0.1% | ||
| Q1 25 | 2.5% | 0.2% | ||
| Q4 24 | 2.4% | 0.3% | ||
| Q3 24 | 5.2% | 0.3% | ||
| Q2 24 | 3.0% | 0.6% | ||
| Q1 24 | 4.1% | 0.1% |
现金转化率NRDYRPAY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 18.52× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
NRDY
暂无分部数据
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
