$4.63
+0.0000%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.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.
UDMY โข NASDAQ
| Udemy, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 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 |
UDMY - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
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 |
Continue your UDMY research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.