Udemy, Inc.

Udemy, Inc.

UDMYยทNASDAQ

$4.63

+0.0000%
Consumer DefensiveEducation & Training Services

Udemy, Inc. operates a marketplace platform for teaching and learning skills in the United States and internationally. The company offers technical and business skills, and personal development courses for individual learners and enterprise customers. Its platform provides 49 million learners with access to approximately 180,000 courses through direct-to-consumer or Udemy Business offerings in approximately 75 languages. The company's courses offer learning objectives, such as reskilling or upskilling in technology and business, and soft skills, as well as learners receive access to interactive learning tools comprising quizzes, exercises, and instructor questions-and-answers. Udemy, Inc. was incorporated in 2010 and is headquartered in San Francisco, California.

At a Glance

Live Snapshot
Market Cap$677.28M
EPS0.0257
P/E Ratio227.74
Earnings Date07/29/2026
3Y+26.0%
5Y+84.0%
10Y+186.0%
3Y-102.0%
5Y-105.0%
10Y-105.0%
3Y-241.0%
5Y+796.0%
10Y-624.0%
Udemy, Inc.

Udemy, Inc. Profit Bridge

UDMY ยท NASDAQ
Revenue789.84M
Cost of Goods Sold (271.44M)
Gross Profit518.41M
Operating Expenses (520.98M)
Operating Income-2.58M
Interest Expense (0.00)
Other Income/Expense10.91M
Pretax Income8.34M
Income Tax (4.53M)
Net Income3.81M
Net Income
3.81M

Profitability Analysis

Gross Margin

65.6%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-0.3%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

0.5%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

54.3%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Udemy, Inc. Income Statement

UDMY โ€ข NASDAQ

Udemy, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
REVENUE
789.8M
786.6M
728.9M
629.1M
515.7M
429.9M
276.3M
GROSS PROFIT
(271.4M)
(294.6M)
(309.6M)
(275.3M)
(236M)
(209.3M)
(143.5M)
518.4M
491.9M
419.3M
353.8M
279.6M
220.6M
132.8M
OPERATING INCOME
(521M)
(581.3M)
(541.2M)
(505M)
(357.5M)
(294M)
(200.8M)
(419.5M)
(439.1M)
(410.6M)
(400.4M)
(291.4M)
(243.4M)
(166.5M)
(101.5M)
(125.4M)
(120.3M)
(104.6M)
(66.1M)
(50.6M)
(34.4M)
-2.6M
-89.3M
-121.9M
-151.2M
-77.9M
-73.4M
-68M
PRE-TAX INCOME
(0.0)
(379K)
(518K)
(1.3M)
(32K)
(1.1M)
(0.0)
14.2M
19.3M
20.2M
4.3M
-16K
-1.1M
87K
(0.0)
(16.7M)
(10.3M)
(0.0)
(0.0)
(55K)
-384K
10.9M
8.4M
18.3M
-399K
-936K
-1.1M
-297K
8.3M
-80.9M
-103.6M
-151.6M
-78.8M
-74.5M
-68.3M
NET INCOME
(4.5M)
(4.4M)
(3.7M)
(2.3M)
(1.2M)
(3.1M)
(1.4M)
3.8M
-85.3M
-107.3M
-153.9M
-80M
-77.6M
-69.7M

SEC Filings

UDMY - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 11, 2026
May 11, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 11, 2026
March 31, 2026
2026
10-K/A

10-K/A 2025 FY (Amended)

FY

April 10, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

April 09, 2026
April 09, 2026
2026
8-K

8-K 2026

N/A

March 31, 2026
March 31, 2026
2026
10-K

10-K 2025 FY

FY

February 19, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 10, 2026
February 09, 2026
2026
8-K

8-K 2026

N/A

February 05, 2026
February 05, 2026
2026
8-K

8-K 2025

N/A

December 22, 2025
December 18, 2025
2025
8-K

8-K 2025

N/A

December 18, 2025
December 17, 2025
2025
Showing 1 to 10 of 77 filings