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Nerdy Inc.（NRDY）与Sunlands Technology Group（STG）财务数据对比。点击上方公司名可切换其他公司
Nerdy Inc.的季度营收约是Sunlands Technology Group的4.8倍（$49.1M vs $10.1M），Sunlands Technology Group净利率更高（24.0% vs -18.8%，领先42.8%），过去两年Sunlands Technology Group的营收复合增速更高（0.6% 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。
STG Partners是一家总部位于美国加利福尼亚州门洛帕克的私募股权公司，其前身交响科技集团由罗梅什·瓦德瓦尼等创始人于2002年成立，2017年完成重组后更名为STG Partners。截至2025年3月，该机构通过19只集合投资工具为客户管理着约120亿美元资产。
NRDY vs STG — 直观对比
营收规模更大
NRDY
是对方的4.8倍
$10.1M
净利率更高
STG
高出42.8%
-18.8%
两年增速更快
STG
近两年复合增速
-4.4%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $49.1M | $10.1M |
| 净利润 | $-9.2M | $2.4M |
| 毛利率 | 51.0% | 88.5% |
| 营业利润率 | -28.3% | 26.5% |
| 净利率 | -18.8% | 24.0% |
| 营收同比 | 2.3% | — |
| 净利润同比 | 8.9% | — |
| 每股收益（稀释后） | $-0.07 | — |
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NRDYSTG
| Q4 25 | $49.1M | — | ||
| Q3 25 | $37.0M | $10.1M | ||
| Q2 25 | $45.3M | $9.3M | ||
| Q1 25 | $47.6M | — | ||
| Q4 24 | $48.0M | $9.7M | ||
| Q3 24 | $37.5M | — | ||
| Q2 24 | $51.0M | $10.0M | ||
| Q1 24 | $53.7M | — |
净利润NRDYSTG
| Q4 25 | $-9.2M | — | ||
| Q3 25 | $-12.3M | $2.4M | ||
| Q2 25 | $-7.9M | $1.4M | ||
| Q1 25 | $-10.5M | — | ||
| Q4 24 | $-10.1M | $1.8M | ||
| Q3 24 | $-15.9M | — | ||
| Q2 24 | $-9.1M | $2.2M | ||
| Q1 24 | $-7.4M | — |
毛利率NRDYSTG
| Q4 25 | 51.0% | — | ||
| Q3 25 | 62.9% | 88.5% | ||
| Q2 25 | 61.5% | 85.2% | ||
| Q1 25 | 58.0% | — | ||
| Q4 24 | 66.6% | 83.3% | ||
| Q3 24 | 70.5% | — | ||
| Q2 24 | 65.7% | 85.2% | ||
| Q1 24 | 68.0% | — |
营业利润率NRDYSTG
| Q4 25 | -28.3% | — | ||
| Q3 25 | -51.5% | 26.5% | ||
| Q2 25 | -27.1% | 15.2% | ||
| Q1 25 | -34.8% | — | ||
| Q4 24 | -34.0% | 13.4% | ||
| Q3 24 | -68.5% | — | ||
| Q2 24 | -29.9% | — | ||
| Q1 24 | -23.9% | — |
净利率NRDYSTG
| Q4 25 | -18.8% | — | ||
| Q3 25 | -33.2% | 24.0% | ||
| Q2 25 | -17.4% | 15.4% | ||
| Q1 25 | -22.1% | — | ||
| Q4 24 | -21.1% | 18.2% | ||
| Q3 24 | -42.4% | — | ||
| Q2 24 | -17.8% | 21.5% | ||
| Q1 24 | -13.9% | — |
每股收益（稀释后）NRDYSTG
| Q4 25 | $-0.07 | — | ||
| Q3 25 | $-0.10 | — | ||
| Q2 25 | $-0.07 | — | ||
| Q1 25 | $-0.09 | — | ||
| Q4 24 | $-0.09 | — | ||
| Q3 24 | $-0.14 | — | ||
| Q2 24 | $-0.08 | $0.31 | ||
| Q1 24 | $-0.07 | — |
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 | $15.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $19.0M | $17.7M |
| 总资产 | $76.2M | $41.2M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资NRDYSTG
| Q4 25 | $47.9M | — | ||
| Q3 25 | $32.7M | $15.1M | ||
| Q2 25 | $36.7M | — | ||
| Q1 25 | $44.9M | — | ||
| Q4 24 | $52.5M | $15.6M | ||
| Q3 24 | $65.0M | — | ||
| Q2 24 | $69.8M | $18.7M | ||
| Q1 24 | $77.0M | — |
总债务NRDYSTG
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $1.8M | ||
| Q1 24 | — | — |
股东权益NRDYSTG
| Q4 25 | $19.0M | — | ||
| Q3 25 | $24.3M | $17.7M | ||
| Q2 25 | $31.8M | $12.6M | ||
| Q1 25 | $34.4M | — | ||
| Q4 24 | $39.5M | $10.7M | ||
| Q3 24 | $43.3M | — | ||
| Q2 24 | $52.2M | $7.6M | ||
| Q1 24 | $52.8M | — |
总资产NRDYSTG
| Q4 25 | $76.2M | — | ||
| Q3 25 | $70.4M | $41.2M | ||
| Q2 25 | $73.7M | $40.3M | ||
| Q1 25 | $83.0M | — | ||
| Q4 24 | $92.5M | $42.4M | ||
| Q3 24 | $106.8M | — | ||
| Q2 24 | $111.3M | $41.3M | ||
| Q1 24 | $121.3M | — |
负债/权益比NRDYSTG
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.24× | ||
| Q1 24 | — | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $-4.3M | — |
| 自由现金流率自由现金流/营收 | -8.7% | — |
| 资本支出强度资本支出/营收 | 2.7% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流NRDYSTG
| Q4 25 | $-2.9M | — | ||
| Q3 25 | $-2.4M | — | ||
| Q2 25 | $-7.0M | — | ||
| Q1 25 | $-6.4M | — | ||
| Q4 24 | $-11.3M | — | ||
| Q3 24 | $-3.1M | — | ||
| Q2 24 | $-5.6M | — | ||
| Q1 24 | $4.4M | — |
自由现金流NRDYSTG
| Q4 25 | $-4.3M | — | ||
| Q3 25 | $-4.1M | — | ||
| Q2 25 | $-8.2M | — | ||
| Q1 25 | $-7.6M | — | ||
| Q4 24 | $-12.5M | — | ||
| Q3 24 | $-5.0M | — | ||
| Q2 24 | $-7.1M | — | ||
| Q1 24 | $2.1M | — |
自由现金流率NRDYSTG
| Q4 25 | -8.7% | — | ||
| Q3 25 | -11.2% | — | ||
| Q2 25 | -18.1% | — | ||
| Q1 25 | -16.0% | — | ||
| Q4 24 | -26.0% | — | ||
| Q3 24 | -13.3% | — | ||
| Q2 24 | -14.0% | — | ||
| Q1 24 | 4.0% | — |
资本支出强度NRDYSTG
| Q4 25 | 2.7% | — | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | 2.4% | — | ||
| Q3 24 | 5.2% | — | ||
| Q2 24 | 3.0% | — | ||
| Q1 24 | 4.1% | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
