About Udemy, Inc.
https://www.udemy.comUdemy, 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.

CEO
Hugo Sarrazin
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 112
Ratings Snapshot
Rating : C-
Most Recent Analyst Grades

Needham
Buy

Baird
Outperform

Keybanc
Overweight

Cantor Fitzgerald
Overweight

Morgan Stanley
Equal Weight

William Blair
Market Perform
Grade Summary
Showing Top 6 of 9
Price Target
Institutional Ownership

INSIGHT HOLDINGS GROUP, LLC
Shares:38.03M
Value:$197.39M

CALEDONIA (PRIVATE) INVESTMENTS PTY LTD
Shares:13.96M
Value:$72.45M

VANGUARD GROUP INC
Shares:11.9M
Value:$61.74M
Summary
Showing Top 3 of 211
About Udemy, Inc.
https://www.udemy.comUdemy, 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.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $195.68M ▼ | $129.03M ▲ | $1.64M ▼ | 0.84% ▼ | $0.01 ▼ | $9.24M ▼ |
| Q2-2025 | $199.88M ▼ | $128.12M ▼ | $6.26M ▲ | 3.13% ▲ | $0.04 ▲ | $14.46M ▲ |
| Q1-2025 | $200.3M ▲ | $133.94M ▼ | $-1.77M ▲ | -0.88% ▲ | $-0.01 ▲ | $5.39M ▲ |
| Q4-2024 | $199.94M ▲ | $138.8M ▼ | $-9.86M ▲ | -4.93% ▲ | $-0.07 ▲ | $-278K ▲ |
| Q3-2024 | $195.42M | $152.51M | $-25.27M | -12.93% | $-0.17 | $-11.84M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $371.22M ▼ | $618.9M ▼ | $397.09M ▼ | $221.81M ▼ |
| Q2-2025 | $391.98M ▲ | $643.96M ▲ | $410.6M ▼ | $233.36M ▲ |
| Q1-2025 | $357.01M ▲ | $638.99M ▲ | $429.63M ▲ | $209.36M ▲ |
| Q4-2024 | $354.44M ▼ | $605.63M ▼ | $408.23M ▼ | $197.39M ▲ |
| Q3-2024 | $357.11M | $608.9M | $412.65M | $196.26M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $1.64M ▼ | $15.73M ▼ | $23.41M ▲ | $-33.46M ▼ | $5.67M ▼ | $12.09M ▼ |
| Q2-2025 | $6.26M ▲ | $44.2M ▲ | $-203K ▲ | $-3.5M ▲ | $40.64M ▲ | $39.01M ▲ |
| Q1-2025 | $-1.77M ▲ | $12.21M ▲ | $-7.41M ▲ | $-5.91M ▲ | $-1.07M ▲ | $7.09M ▲ |
| Q4-2024 | $-9.86M ▲ | $9.58M ▲ | $-13.13M ▼ | $-10.25M ▲ | $-13.97M ▲ | $6.17M ▲ |
| Q3-2024 | $-25.27M | $-6.1M | $-5.7M | $-56.08M | $-67.8M | $-10.2M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q3-2025 | Q2-2025 |
|---|---|---|---|---|
Breakage | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Consumer Revenue | $0 ▲ | $0 ▲ | $60.00M ▲ | $0 ▼ |
Consumer Segment | $70.00M ▲ | $70.00M ▲ | $0 ▼ | $0 ▲ |
Enterprise Segment | $130.00M ▲ | $130.00M ▲ | $0 ▼ | $0 ▲ |
Revenue by Geography
| Region | Q4-2024 | Q3-2025 | Q1-2025 | Q2-2025 |
|---|---|---|---|---|
Asia Pacific | $50.00M ▲ | $50.00M ▲ | $50.00M ▲ | $50.00M ▲ |
EMEA | $60.00M ▲ | $60.00M ▲ | $60.00M ▲ | $60.00M ▲ |
Latin America | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ |
North America | $80.00M ▲ | $80.00M ▲ | $80.00M ▲ | $80.00M ▲ |

CEO
Hugo Sarrazin
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 112
Ratings Snapshot
Rating : C-
Most Recent Analyst Grades

Needham
Buy

Baird
Outperform

Keybanc
Overweight

Cantor Fitzgerald
Overweight

Morgan Stanley
Equal Weight

William Blair
Market Perform
Grade Summary
Showing Top 6 of 9
Price Target
Institutional Ownership

INSIGHT HOLDINGS GROUP, LLC
Shares:38.03M
Value:$197.39M

CALEDONIA (PRIVATE) INVESTMENTS PTY LTD
Shares:13.96M
Value:$72.45M

VANGUARD GROUP INC
Shares:11.9M
Value:$61.74M
Summary
Showing Top 3 of 211




