Nerdy, Inc. faced challenges in Q3 2025 due to delays in product launches and technical debt impacting growth, but made significant strides in replatforming its core systems leveraging AI, positioning the company for improved performance moving forward.

• Product launch delays during the back-to-school season hindered expected growth and profitability.
• Significant progress in transitioning to AI-assisted software development, aiming for nearly 100% new code base by November.
• New features, including a unified student-tutor interface and the AI Practice Hub, are driving improved user engagement and retention.
• Early indications show a 50% increase in consumption of self-study tools and positive trends in tutor quality through enhanced vetting processes.
• Focus for Q4 includes enhancing customer discovery and onboarding with gamification and other innovative features.