Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest & Investment IncomeInterest ExpensesInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRestructuring CostsRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
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Accumulated Depreciation & AmortizationAccumulated Depreciation & AmortizationCost of RevenueEBIATGross ProfitLeasesMachine, Furnitures, Fixtures & OtherOther Gross PP&E AdjustmentsOther Gross PP&E AdjustmentsProperty, Plant & Equipment (Gross)Property, Plant & Equipment (Gross)Receivables - NetShares IssuedShares OutstandingShares OutstandingShares Repurchased
Ratios

Udemy (UDMY) Cost of Revenue (2020 - 2025)

Udemy has reported Cost of Revenue over the past 6 years, most recently at $65.9 million for Q4 2025.

  • On a quarterly basis, Cost of Revenue fell 45.53% to $65.9 million in Q4 2025 year-over-year; TTM through Dec 2025 was $271.4 million, a 26.16% decrease, with the full-year FY2025 number at $271.4 million, down 20.85% from a year prior.
  • Cost of Revenue reached $65.9 million in Q4 2025 per UDMY's latest filing, down from $66.8 million in the prior quarter.
  • The five-year high for Cost of Revenue was $121.1 million in Q4 2024, with the low at $50.9 million in Q2 2021.
  • The 5-year median for Cost of Revenue is $70.0 million (2022), against an average of $73.0 million.
  • Peak YoY movement for Cost of Revenue: skyrocketed 43.06% in 2021, then plummeted 45.53% in 2025.
  • Tracing UDMY's Cost of Revenue over 5 years: stood at $79.6 million in 2021, then fell by 21.47% to $62.5 million in 2022, then surged by 38.87% to $86.8 million in 2023, then surged by 39.41% to $121.1 million in 2024, then plummeted by 45.53% to $65.9 million in 2025.
  • According to Business Quant data, Cost of Revenue over the past three periods came in at $65.9 million, $66.8 million, and $67.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.