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Nerdy Inc.（NRDY）与Strategic Education, Inc.（STRA）财务数据对比。点击上方公司名可切换其他公司
Strategic Education, Inc.的季度营收约是Nerdy Inc.的6.2倍（$305.9M vs $49.1M）。Strategic Education, Inc.净利率更高（9.7% vs -18.8%，领先28.5%）。Nerdy Inc.同比增速更快（2.3% vs -0.8%）。Strategic Education, Inc.自由现金流更多（$57.3M vs $-4.3M）。过去两年Strategic Education, Inc.的营收复合增速更高（-1.0% 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。
Strategic Education, Inc.（简称SEI）是一家教育服务控股企业，前身为斯特雷尔教育公司。旗下拥有营利性在线院校卡佩拉大学、斯特雷尔大学，还运营着DevMountain、Hackbright学院、Sophia Learning等提供非学位课程的教育机构。
NRDY vs STRA — 直观对比
营收规模更大
STRA
是对方的6.2倍
$49.1M
营收增速更快
NRDY
高出3.1%
-0.8%
净利率更高
STRA
高出28.5%
-18.8%
自由现金流更多
STRA
多$61.6M
$-4.3M
两年增速更快
STRA
近两年复合增速
-4.4%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $49.1M | $305.9M |
| 净利润 | $-9.2M | $29.7M |
| 毛利率 | 51.0% | — |
| 营业利润率 | -28.3% | 13.0% |
| 净利率 | -18.8% | 9.7% |
| 营收同比 | 2.3% | -0.8% |
| 净利润同比 | 8.9% | -9.3% |
| 每股收益（稀释后） | $-0.07 | $1.24 |
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NRDYSTRA
| Q1 26 | — | $305.9M | ||
| Q4 25 | $49.1M | $323.2M | ||
| Q3 25 | $37.0M | $319.9M | ||
| Q2 25 | $45.3M | $321.5M | ||
| Q1 25 | $47.6M | $303.6M | ||
| Q4 24 | $48.0M | $311.5M | ||
| Q3 24 | $37.5M | $306.0M | ||
| Q2 24 | $51.0M | $312.3M |
净利润NRDYSTRA
| Q1 26 | — | $29.7M | ||
| Q4 25 | $-9.2M | $37.9M | ||
| Q3 25 | $-12.3M | $26.6M | ||
| Q2 25 | $-7.9M | $32.3M | ||
| Q1 25 | $-10.5M | $29.7M | ||
| Q4 24 | $-10.1M | $25.3M | ||
| Q3 24 | $-15.9M | $27.7M | ||
| Q2 24 | $-9.1M | $29.9M |
毛利率NRDYSTRA
| Q1 26 | — | — | ||
| 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% | — |
营业利润率NRDYSTRA
| Q1 26 | — | 13.0% | ||
| Q4 25 | -28.3% | 16.0% | ||
| Q3 25 | -51.5% | 11.6% | ||
| Q2 25 | -27.1% | 14.2% | ||
| Q1 25 | -34.8% | 13.1% | ||
| Q4 24 | -34.0% | 11.6% | ||
| Q3 24 | -68.5% | 11.9% | ||
| Q2 24 | -29.9% | 13.4% |
净利率NRDYSTRA
| Q1 26 | — | 9.7% | ||
| Q4 25 | -18.8% | 11.7% | ||
| Q3 25 | -33.2% | 8.3% | ||
| Q2 25 | -17.4% | 10.1% | ||
| Q1 25 | -22.1% | 9.8% | ||
| Q4 24 | -21.1% | 8.1% | ||
| Q3 24 | -42.4% | 9.1% | ||
| Q2 24 | -17.8% | 9.6% |
每股收益（稀释后）NRDYSTRA
| Q1 26 | — | $1.24 | ||
| Q4 25 | $-0.07 | $1.65 | ||
| Q3 25 | $-0.10 | $1.15 | ||
| Q2 25 | $-0.07 | $1.37 | ||
| Q1 25 | $-0.09 | $1.24 | ||
| Q4 24 | $-0.09 | $1.05 | ||
| Q3 24 | $-0.14 | $1.15 | ||
| Q2 24 | $-0.08 | $1.24 |
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 | $140.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $19.0M | $1.6B |
| 总资产 | $76.2M | $2.0B |
| 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NRDYSTRA
| Q1 26 | — | $140.8M | ||
| Q4 25 | $47.9M | $148.1M | ||
| Q3 25 | $32.7M | $172.6M | ||
| Q2 25 | $36.7M | $164.9M | ||
| Q1 25 | $44.9M | $182.6M | ||
| Q4 24 | $52.5M | $184.0M | ||
| Q3 24 | $65.0M | $222.1M | ||
| Q2 24 | $69.8M | $256.2M |
股东权益NRDYSTRA
| Q1 26 | — | $1.6B | ||
| Q4 25 | $19.0M | $1.6B | ||
| Q3 25 | $24.3M | $1.7B | ||
| Q2 25 | $31.8M | $1.7B | ||
| Q1 25 | $34.4M | $1.6B | ||
| Q4 24 | $39.5M | $1.7B | ||
| Q3 24 | $43.3M | $1.7B | ||
| Q2 24 | $52.2M | $1.7B |
总资产NRDYSTRA
| Q1 26 | — | $2.0B | ||
| Q4 25 | $76.2M | $2.0B | ||
| Q3 25 | $70.4M | $2.1B | ||
| Q2 25 | $73.7M | $2.1B | ||
| Q1 25 | $83.0M | $2.1B | ||
| Q4 24 | $92.5M | $2.0B | ||
| Q3 24 | $106.8M | $2.2B | ||
| Q2 24 | $111.3M | $2.2B |
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 | $67.7M |
| 自由现金流经营现金流 - 资本支出 | $-4.3M | $57.3M |
| 自由现金流率自由现金流/营收 | -8.7% | 18.7% |
| 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 | — | 2.27× |
| 过去12个月自由现金流最近4个季度 | $-24.2M | $153.9M |
8季度趋势，按日历期对齐
经营现金流NRDYSTRA
| Q1 26 | — | $67.7M | ||
| Q4 25 | $-2.9M | $39.2M | ||
| Q3 25 | $-2.4M | $60.1M | ||
| Q2 25 | $-7.0M | $31.2M | ||
| Q1 25 | $-6.4M | $67.7M | ||
| Q4 24 | $-11.3M | $15.9M | ||
| Q3 24 | $-3.1M | $51.5M | ||
| Q2 24 | $-5.6M | $24.3M |
自由现金流NRDYSTRA
| Q1 26 | — | $57.3M | ||
| Q4 25 | $-4.3M | $27.0M | ||
| Q3 25 | $-4.1M | $49.3M | ||
| Q2 25 | $-8.2M | $20.4M | ||
| Q1 25 | $-7.6M | $57.3M | ||
| Q4 24 | $-12.5M | $4.7M | ||
| Q3 24 | $-5.0M | $42.1M | ||
| Q2 24 | $-7.1M | $13.6M |
自由现金流率NRDYSTRA
| Q1 26 | — | 18.7% | ||
| Q4 25 | -8.7% | 8.3% | ||
| Q3 25 | -11.2% | 15.4% | ||
| Q2 25 | -18.1% | 6.3% | ||
| Q1 25 | -16.0% | 18.9% | ||
| Q4 24 | -26.0% | 1.5% | ||
| Q3 24 | -13.3% | 13.8% | ||
| Q2 24 | -14.0% | 4.3% |
资本支出强度NRDYSTRA
| Q1 26 | — | — | ||
| Q4 25 | 2.7% | 3.8% | ||
| Q3 25 | 4.6% | 3.4% | ||
| Q2 25 | 2.6% | 3.4% | ||
| Q1 25 | 2.5% | 3.4% | ||
| Q4 24 | 2.4% | 3.6% | ||
| Q3 24 | 5.2% | 3.1% | ||
| Q2 24 | 3.0% | 3.4% |
现金转化率NRDYSTRA
| Q1 26 | — | 2.27× | ||
| Q4 25 | — | 1.03× | ||
| Q3 25 | — | 2.26× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | 2.27× | ||
| Q4 24 | — | 0.63× | ||
| Q3 24 | — | 1.86× | ||
| Q2 24 | — | 0.81× |
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
STRA
| U.S. Higher Education | $221.0M | 72% |
| Australia/New Zealand | $48.3M | 16% |
| Education Technology Services | $34.3M | 11% |
