NRDY vs. LRN

Last updated Apr 1, 2026

Compare and contrast key facts about Nerdy, Inc. (NRDY) and Stride, Inc. (LRN).

Performance

NRDY vs. LRN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nerdy, Inc. (NRDY) and Stride, Inc. (LRN). The values are adjusted to include any dividend payments, if applicable.

NRDY vs. LRN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
NRDY Nerdy, Inc.	-21.52%	-35.80%	-52.77%	52.44%	-50.00%	-59.46%	14.43%
LRN Stride, Inc.	35.79%	-37.53%	75.05%	89.80%	-6.15%	56.99%	-10.61%

Fundamentals

Market Cap NRDY : $100.43M LRN : $4.26B
EPS NRDY : -$0.33 LRN : $6.50
PS Ratio NRDY : 0.55 LRN : 1.72
PB Ratio NRDY : 5.28 LRN : 2.75
Total Revenue (TTM) NRDY : $178.99M LRN : $2.52B
Gross Profit (TTM) NRDY : $103.78M LRN : $989.96M
EBITDA (TTM) NRDY : -$56.87M LRN : $546.48M

Returns By Period

In the year-to-date period, NRDY achieves a -21.52% return, which is significantly lower than LRN's 35.79% return.

NRDY

• 1D: 1.32%
• 1M: -15.40%
• YTD: -21.52%
• 6M: -35.22%
• 1Y: -42.52%
• 3Y*: -41.99%
• 5Y*: -39.37%
• 10Y*: —

LRN

• 1D: 4.75%
• 1M: 4.49%
• YTD: 35.79%
• 6M: -40.80%
• 1Y: -30.30%
• 3Y*: 30.97%
• 5Y*: 22.66%
• 10Y*: 24.22%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NRDY vs. LRN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NRDY

NRDY Risk / Return Rank: 13
NRDY Sharpe Ratio Rank: 12
NRDY Sortino Ratio Rank: 13
NRDY Omega Ratio Rank: 15
NRDY Calmar Ratio Rank: 13
NRDY Martin Ratio Rank: 14

LRN

LRN Risk / Return Rank: 27
LRN Sharpe Ratio Rank: 22
LRN Sortino Ratio Rank: 29
LRN Omega Ratio Rank: 28
LRN Calmar Ratio Rank: 27
LRN Martin Ratio Rank: 29

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NRDY vs. LRN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nerdy, Inc. (NRDY) and Stride, Inc. (LRN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NRDY	LRN	Difference
Sharpe ratio Return per unit of total volatility	-0.71	-0.45	-0.26
Sortino ratio Return per unit of downside risk	-0.92	-0.07	-0.85
Omega ratio Gain probability vs. loss probability	0.90	0.98	-0.08
Calmar ratio Return relative to maximum drawdown	-0.79	-0.47	-0.32
Martin ratio Return relative to average drawdown	-1.35	-0.81	-0.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NRDY vs. LRN - Sharpe Ratio Comparison

The current NRDY Sharpe Ratio is -0.71, which is lower than the LRN Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of NRDY and LRN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NRDY	LRN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.71	-0.45	-0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.52	0.44	-0.96
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.50	0.14	-0.64

Correlation

The correlation between NRDY and LRN is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NRDY vs. LRN - Dividend Comparison

Neither NRDY nor LRN has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

NRDY vs. LRN - Drawdown Comparison

The maximum NRDY drawdown since its inception was -93.89%, which is greater than LRN's maximum drawdown of -81.41%. Use the drawdown chart below to compare losses from any high point for NRDY and LRN.

Drawdown Indicators

	NRDY	LRN	Difference
Max Drawdown Largest peak-to-trough decline	-93.89%	-81.41%	-12.48%
Max Drawdown (1Y) Largest decline over 1 year	-55.60%	-64.07%	+8.47%
Max Drawdown (5Y) Largest decline over 5 years	-93.89%	-64.07%	-29.82%
Max Drawdown (10Y) Largest decline over 10 years	—	-64.07%	—
Current Drawdown Current decline from peak	-93.35%	-48.08%	-45.27%
Average Drawdown Average peak-to-trough decline	-67.89%	-36.19%	-31.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.55%	37.34%	-4.79%

Volatility

NRDY vs. LRN - Volatility Comparison

Nerdy, Inc. (NRDY) has a higher volatility of 10.91% compared to Stride, Inc. (LRN) at 9.47%. This indicates that NRDY's price experiences larger fluctuations and is considered to be riskier than LRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NRDY	LRN	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.91%	9.47%	+1.44%
Volatility (6M) Calculated over the trailing 6-month period	44.99%	82.92%	-37.93%
Volatility (1Y) Calculated over the trailing 1-year period	60.14%	67.92%	-7.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.90%	51.56%	+24.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.20%	49.72%	+24.48%

Financials

NRDY vs. LRN - Profitability Comparison

The chart below illustrates the profitability comparison between Nerdy, Inc. and Stride, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NRDY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Nerdy, Inc. reported a gross profit of 25.03M and revenue of 49.11M. Therefore, the gross margin over that period was 51.0%.

LRN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Stride, Inc. reported a gross profit of 259.63M and revenue of 631.26M. Therefore, the gross margin over that period was 41.1%.

NRDY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Nerdy, Inc. reported an operating income of -13.91M and revenue of 49.11M, resulting in an operating margin of -28.3%.

LRN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Stride, Inc. reported an operating income of 146.85M and revenue of 631.26M, resulting in an operating margin of 23.3%.

NRDY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Nerdy, Inc. reported a net income of -9.24M and revenue of 49.11M, resulting in a net margin of -18.8%.

LRN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Stride, Inc. reported a net income of 99.48M and revenue of 631.26M, resulting in a net margin of 15.8%.