Growth Metrics

Udemy (UDMY) Capital Expenditures (2020 - 2025)

Udemy has reported Capital Expenditures over the past 6 years, most recently at -$2.9 million for Q4 2025.

  • On a quarterly basis, Capital Expenditures rose 63.85% to -$2.9 million in Q4 2025 year-over-year; TTM through Dec 2025 was $5.8 million, a 152.3% increase, with the full-year FY2025 number at $5.8 million, up 152.3% from a year prior.
  • Capital Expenditures reached -$2.9 million in Q4 2025 per UDMY's latest filing, down from $3.0 million in the prior quarter.
  • The five-year high for Capital Expenditures was $12.0 million in Q4 2023, with the low at -$7.9 million in Q4 2024.
  • The 5-year median for Capital Expenditures is $1.5 million (2021), against an average of $1.4 million.
  • Peak YoY movement for Capital Expenditures: crashed 182.47% in 2021, then skyrocketed 7085.03% in 2023.
  • Tracing UDMY's Capital Expenditures over 5 years: stood at -$4.4 million in 2021, then skyrocketed by 103.77% to $167000.0 in 2022, then skyrocketed by 7085.03% to $12.0 million in 2023, then crashed by 166.23% to -$7.9 million in 2024, then soared by 63.85% to -$2.9 million in 2025.
  • According to Business Quant data, Capital Expenditures over the past three periods came in at -$2.9 million, $3.0 million, and $3.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.