Every material Form 8-K Nerdy Inc. has filed with the SEC since August 21, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Nerdy reported third-quarter 2026 revenue of $33.2 million, down 10% from a year earlier but within its guidance range, and a GAAP net loss of $12.8 million, narrower than $18.7 million a year ago. The company also guided fourth-quarter revenue to $37.0 million to $39.0 million and adjusted EBITDA to approximately breakeven, citing fewer new learning membership customers than expected in the quarter.
Q3 revenue of $33.2 million was within the $32.0 million to $35.0 million guidance range and down from $37.0 million in Q3 2025.
Non-GAAP adjusted EBITDA loss was $5.7 million, ahead of the guidance range of negative $9.0 million to negative $6.0 million, and improved from a $10.2 million loss a year earlier.
GAAP net loss was $12.8 million versus $18.7 million in Q3 2025; Active Members totaled 31.8 thousand, down 7% year over year.
Q4 2026 guidance: revenue of $37.0 million to $39.0 million and non-GAAP adjusted EBITDA of approximately breakeven; cash at September 30 was $42.5 million.
Nerdy Inc. disclosed that Chief Accounting Officer Kyle Callaway resigned, having notified the company on September 1, 2026, after accepting a position at another company. The company said the departure was not due to any disagreement over financial reporting, accounting policies, practices, or internal controls. Chief Financial Officer Atul Bagga will also serve as principal accounting officer.
Kyle Callaway resigned as Chief Accounting Officer and principal accounting officer; he notified the company on September 1, 2026.
Callaway has accepted a position at another company.
The company states the resignation was not related to any disagreement on financial reporting, accounting policies, practices, or internal controls.
CFO Atul Bagga will assume the principal accounting officer role upon Callaway's departure.
Nerdy Inc. said the New York Stock Exchange notified it on September 1, 2026 that it has regained compliance with the NYSE minimum share price rule. The compliance was based on an average closing share price above the $1.00 minimum for the 30 trading days ended August 31, 2026. The company's Class A Common Stock will continue to trade on the NYSE, subject to other continued listing standards.
NYSE notice received September 1, 2026 under Section 802.01C
Compliance based on 30-trading-day average closing price ended August 31, 2026, above the $1.00 minimum
Class A Common Stock will continue to be listed and trade on the NYSE
Nerdy Inc. said on August 20, 2026, that it had notified Chief Operating Officer John Paszterko of its decision to end his service in that role, effective immediately. The filing does not give a reason for the decision or name a successor, so shareholders have no stated information on how operations leadership will be handled.
The Company notified John Paszterko of the decision on August 20, 2026.
His service as Chief Operating Officer ends effective immediately.
The filing does not state a reason for the change or name a replacement.
The 8-K was signed on August 21, 2026, by Chief Legal Officer and Corporate Secretary Christopher C. Swenson.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Nerdy Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →