Udemy, Inc. (UDMY)
NASDAQ: UDMY · Real-Time Price · USD
6.96
+0.09 (1.31%)
At close: Aug 27, 2025, 4:00 PM
6.95
-0.01 (-0.14%)
After-hours: Aug 27, 2025, 5:23 PM EDT

Udemy Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 20202020
Period Ending
Jun '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2020
795.54786.57728.94629.1515.66429.9
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Revenue Growth (YoY)
3.93%7.91%15.87%22.00%19.95%55.58%
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Cost of Revenue
283.79294.63309.6275.32236.02209.25
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Gross Profit
511.75491.94419.34353.78279.63220.65
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Selling, General & Admin
421.98439.15410.64400.41291.43243.38
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Research & Development
113.13125.44120.34104.5666.1150.64
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Operating Expenses
535.11564.58530.97504.97357.54294.03
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Operating Income
-23.35-72.64-111.63-151.19-77.91-73.38
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Interest Expense
-0.06--0.52-1.25-0.22-1.15
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Interest & Investment Income
15.9819.6720.675.550.2-
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Currency Exchange Gain (Loss)
-1.34-1.34-0.11-1.8-0.920.06
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Other Non Operating Income (Expenses)
0.990.38----
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EBT Excluding Unusual Items
-7.79-53.94-91.59-148.69-78.84-74.47
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Merger & Restructuring Charges
-18.26-16.69-10.26---
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Gain (Loss) on Sale of Investments
--10.31-1.79-2.9--
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Pretax Income
-26.05-80.94-103.64-151.59-78.84-74.47
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Income Tax Expense
4.594.353.652.291.183.15
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Net Income
-30.64-85.29-107.29-153.88-80.03-77.62
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Net Income to Common
-30.64-85.29-107.29-153.88-80.03-77.62
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Shares Outstanding (Basic)
1481511501415533
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Shares Outstanding (Diluted)
1481511501415533
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Shares Change (YoY)
-3.75%0.81%6.55%156.26%64.67%23.21%
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EPS (Basic)
-0.21-0.56-0.71-1.09-1.46-2.33
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EPS (Diluted)
-0.21-0.56-0.71-1.09-1.46-2.33
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Free Cash Flow
53.4950.74-2.64-62.52-12.444.44
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Free Cash Flow Per Share
0.360.34-0.02-0.44-0.230.13
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Gross Margin
64.33%62.54%57.53%56.24%54.23%51.32%
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Operating Margin
-2.94%-9.23%-15.31%-24.03%-15.11%-17.07%
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Profit Margin
-3.85%-10.84%-14.72%-24.46%-15.52%-18.05%
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Free Cash Flow Margin
6.72%6.45%-0.36%-9.94%-2.41%1.03%
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EBITDA
-18.96-67.12-104.54-142.57-71.9-69.22
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EBITDA Margin
-2.38%-8.53%-14.34%-22.66%-13.94%-16.10%
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D&A For EBITDA
4.395.527.098.6264.16
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EBIT
-23.35-72.64-111.63-151.19-77.91-73.38
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EBIT Margin
-2.94%-9.23%-15.31%-24.03%-15.11%-17.07%
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Advertising Expenses
-94.982.597105.2110.5
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Updated Jul 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q