Udemy (UDMY) Accumulated Expenses (2020 - 2026)

Udemy's (UDMY) quarterly Accumulated Expenses came in at $21.0 million in Q1 2026, down 5.98% year-on-year from $22.3 million in Q1 2025, and down 34.69% quarter-over-quarter from $32.1 million in Q4 2025.

Udemy (UDMY) Accumulated Expenses (2020 - 2026) Analysis & Trends

Udemy has disclosed Accumulated Expenses across 7 years of filings, most recently posting $21.0 million for Q1 2026.

  • Accumulated Expenses for Q1 2026 came in at $21.0 million, down 5.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $21.0 million (down 5.98% YoY), and the FY2025 annual result was $32.1 million, up 11.58% from the prior year.
  • Accumulated Expenses came in at $21.0 million for Q1 2026 at Udemy, down from $32.1 million in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $36.8 million in Q3 2022 to a low of $20.2 million in Q1 2024.
  • The 5-year median for Accumulated Expenses is $22.9 million (2022), against an average of $24.6 million.
  • Peak annual rise in Accumulated Expenses reached 151.33% in 2022, while the deepest fall reached 42.99% in 2022.
  • Udemy's Accumulated Expenses stood at $22.9 million in 2022, then rose by 6.34% to $24.3 million in 2023, then grew by 18.33% to $28.8 million in 2024, then grew by 11.58% to $32.1 million in 2025, then sank by 34.69% to $21.0 million in 2026.
  • The last three Accumulated Expenses figures came in at $21.0 million (Q1 2026), $32.1 million (Q4 2025), and $26.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn
10 Udemy 672.44 Mn 419.78 Mn 129.27 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 20.98 Mn
Dec 31, 2025 32.13 Mn
Sep 30, 2025 26.19 Mn
Jun 30, 2025 20.36 Mn
Mar 31, 2025 22.32 Mn
Dec 31, 2024 28.79 Mn
Sep 30, 2024 25.46 Mn
Jun 30, 2024 20.21 Mn
Mar 31, 2024 20.15 Mn
Dec 31, 2023 24.33 Mn
Sep 30, 2023 25.31 Mn
Jun 30, 2023 21.52 Mn
Mar 31, 2023 27.34 Mn
Dec 31, 2022 22.88 Mn
Sep 30, 2022 36.78 Mn
Jun 30, 2022 21.75 Mn
Mar 31, 2022 20.91 Mn
Dec 31, 2021 40.14 Mn
Sep 30, 2021 14.63 Mn
Dec 31, 2020 20.40 Mn