Udemy, Inc. (UDMY)
NASDAQ: UDMY · Real-Time Price · USD
4.656
+0.026 (0.55%)
May 8, 2026, 5:45 PM EDT - Market open
Revenue
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|
| Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
|---|
Subscription - Enterprise Revenue | 521.49M | 491.44M | | | | | |
Subscription - Enterprise Revenue Growth | 6.11% | 17.19% | | | | | |
Other - Enterprise Revenue | 2.58M | 3.01M | | | | | |
Other - Enterprise Revenue Growth | -14.37% | 136.02% | | | | | |
Total Enterprise or Udemy Business Revenue | 524.07M | 494.46M | | | | | |
Total Enterprise or Udemy Business Revenue Growth | 5.99% | 17.55% | | | | | |
Subscription - Consumer Revenue | 44.51M | 31.01M | | | | | |
Subscription - Consumer Revenue Growth | 43.57% | 54.81% | | | | | |
Transactional and Other - Consumer Revenue | 221.26M | 261.10M | | | | | |
Transactional and Other - Consumer Revenue Growth | -15.26% | -9.42% | | | | | |
| 265.77M | 292.11M | | | | | |
Total Consumer Revenue Growth | -9.02% | -5.25% | | | | | |
| 789.84M | 786.57M | | | | | |
| 0.42% | 7.91% | | | | | |
Revenue by Geography
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|
| Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
|---|
| 308.35M | 310.80M | | | | | |
North America Revenue Growth | -0.79% | 6.56% | | | | | |
Europe, Middle East, Africa Revenue | 233.08M | 237.69M | | | | | |
Europe, Middle East, Africa Revenue Growth | -1.94% | 7.21% | | | | | |
| 194.70M | 183.27M | | | | | |
Asia Pacific Revenue Growth | 6.24% | 11.92% | | | | | |
| 53.72M | 54.80M | | | | | |
Latin America Revenue Growth | -1.98% | 5.72% | | | | | |
| 789.84M | 786.57M | | | | | |
| 0.42% | 7.91% | | | | | |
Adjusted Gross Profit
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|
| Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
|---|
Enterprise or Udemy Business Adjusted Gross Profit | 394.92M | 361.67M | | | | | |
Enterprise or Udemy Business Adjusted Gross Profit Growth | 9.19% | 27.61% | | | | | |
Consumer Adjusted Gross Profit | 151.49M | 159.36M | | | | | |
Consumer Adjusted Gross Profit Growth | -4.93% | -2.69% | | | | | |
| -28.01M | -29.09M | | | | | |
| 518.41M | 491.94M | | | | | |
Gross Profit (Total) Growth | 5.38% | 17.31% | | | | | |
Key Performance Indicators
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|
| Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
|---|
Total Number of Udemy Business Customers | 17.03K | 17.10K | | | | | |
Total Number of Udemy Business Customers Growth | -0.39% | 8.71% | | | | | |
Large Enterprise - Number of Udemy Business Customers | 5.80K | 5.62K | | | | | |
Large Enterprise - Number of Udemy Business Customers Growth | 3.22% | - | | | | | |
Annual Recurring Revenue (ARR) - Udemy Business | 539.97M | 516.95M | | | | | |
Annual Recurring Revenue (ARR) - Udemy Business Growth | 4.46% | 10.93% | | | | | |
Net Dollar Retention Rate (NDRR) - Udemy Business | 93.00 | 98.00 | | | | | |
Net Dollar Retention Rate (NDRR) - Udemy Business Growth | -5.10% | -7.55% | | | | | |
Large Customer Net Dollar Retention Rate (NDRR) - Udemy Business | 97.00 | 103.00 | | | | | |
Large Customer Net Dollar Retention Rate (NDRR) - Udemy Business Growth | -5.83% | -8.85% | | | | | |
Paid Consumer Subscribers | 343.00K | 170.00K | | | | | |
Paid Consumer Subscribers Growth | 101.77% | 44.07% | | | | | |
| 1.28M | 1.34M | | | | | |
Monthly Average Buyers Growth | -4.85% | -2.76% | | | | | |
Remaining Performance Obligations (RPO) | 567.90M | 548.60M | | | | | |
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 | 84.00M | 77.00M | | | | | |
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 Feb 5, 2026. Data Source:
Fiscal.ai.