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Udemy, Inc. (UDMY)
NASDAQ: UDMY · Real-Time Price · USD
5.11
-0.10 (-1.92%)
Apr 21, 2026, 1:49 PM EDT - Market open

Revenue

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19
Subscription - Enterprise Revenue
521.49M491.44M
Subscription - Enterprise Revenue Growth
6.11%17.19%
Other - Enterprise Revenue
2.58M3.01M
Other - Enterprise Revenue Growth
-14.37%136.02%
Total Enterprise or Udemy Business Revenue
524.07M494.46M
Total Enterprise or Udemy Business Revenue Growth
5.99%17.55%
Subscription - Consumer Revenue
44.51M31.01M
Subscription - Consumer Revenue Growth
43.57%54.81%
Transactional and Other - Consumer Revenue
221.26M261.10M
Transactional and Other - Consumer Revenue Growth
-15.26%-9.42%
Total Consumer Revenue
265.77M292.11M
Total Consumer Revenue Growth
-9.02%-5.25%
Revenue (Total)
789.84M786.57M
Revenue (Total) Growth
0.42%7.91%

Revenue by Geography

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19
North America Revenue
308.35M310.80M
North America Revenue Growth
-0.79%6.56%
Europe, Middle East, Africa Revenue
233.08M237.69M
Europe, Middle East, Africa Revenue Growth
-1.94%7.21%
Asia Pacific Revenue
194.70M183.27M
Asia Pacific Revenue Growth
6.24%11.92%
Latin America Revenue
53.72M54.80M
Latin America Revenue Growth
-1.98%5.72%
Revenue (Total)
789.84M786.57M
Revenue (Total) Growth
0.42%7.91%

Adjusted Gross Profit

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19
Enterprise or Udemy Business Adjusted Gross Profit
394.92M361.67M
Enterprise or Udemy Business Adjusted Gross Profit Growth
9.19%27.61%
Consumer Adjusted Gross Profit
151.49M159.36M
Consumer Adjusted Gross Profit Growth
-4.93%-2.69%
Gross Profit (Other)
-28.01M-29.09M
Gross Profit (Total)
518.41M491.94M
Gross Profit (Total) Growth
5.38%17.31%

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19
Total Number of Udemy Business Customers
17.03K17.10K
Total Number of Udemy Business Customers Growth
-0.39%8.71%
Large Enterprise - Number of Udemy Business Customers
5.80K5.62K
Large Enterprise - Number of Udemy Business Customers Growth
3.22%-
Annual Recurring Revenue (ARR) - Udemy Business
539.97M516.95M
Annual Recurring Revenue (ARR) - Udemy Business Growth
4.46%10.93%
Net Dollar Retention Rate (NDRR) - Udemy Business
93.0098.00
Net Dollar Retention Rate (NDRR) - Udemy Business Growth
-5.10%-7.55%
Large Customer Net Dollar Retention Rate (NDRR) - Udemy Business
97.00103.00
Large Customer Net Dollar Retention Rate (NDRR) - Udemy Business Growth
-5.83%-8.85%
Paid Consumer Subscribers
343.00K170.00K
Paid Consumer Subscribers Growth
101.77%44.07%
Monthly Average Buyers
1.28M1.34M
Monthly Average Buyers Growth
-4.85%-2.76%
Remaining Performance Obligations (RPO)
567.90M548.60M
Remaining Performance Obligations (RPO) Growth
3.52%-0.67%
Remaining Performance Obligations (RPO) to be Recognized Over NTM
72.00%72.00%
Number of Learners - Consumer Marketplace
84.00M77.00M
Number of Learners - Consumer Marketplace Growth
9.09%11.59%
United States Revenue - % of Revenue
36.00%36.00%
Japan Revenue - % of Revenue
13.00%11.00%
Updated Dec 31, 2025. Data Source: Fiscal.ai.