Udemy (UDMY) Current Deferred Revenue (2020 - 2026)

Udemy's (UDMY) quarterly Current Deferred Revenue came in at $299.9 million in Q1 2026, down 8.68% year-on-year from $328.4 million in Q1 2025, and up 1.97% quarter-over-quarter from $294.1 million in Q4 2025.

Udemy (UDMY) Current Deferred Revenue (2020 - 2026) Analysis & Trends

Udemy has disclosed Current Deferred Revenue across 7 years of filings, most recently posting $299.9 million for Q1 2026.

  • Current Deferred Revenue for Q1 2026 came in at $299.9 million, down 8.68% year-over-year; the trailing twelve-month figure through Mar 2026 was $299.9 million (down 8.68% YoY), and the FY2025 annual result was $294.1 million, changed 0.18% from the prior year.
  • Current Deferred Revenue came in at $299.9 million for Q1 2026 at Udemy, up from $294.1 million in the prior quarter.
  • In the past five years, Current Deferred Revenue ranged from a high of $328.4 million in Q1 2025 to a low of $230.5 million in Q1 2022.
  • The 5-year median for Current Deferred Revenue is $293.5 million (2024), against an average of $286.5 million.
  • Across the five-year window, Current Deferred Revenue surged 45.27% in 2022 and dropped 8.68% in 2026, its largest moves.
  • Udemy's Current Deferred Revenue stood at $278.3 million in 2022, then increased by 1.49% to $282.4 million in 2023, then advanced by 3.94% to $293.5 million in 2024, then climbed by 0.18% to $294.1 million in 2025, then gained by 1.97% to $299.9 million in 2026.
  • The last three Current Deferred Revenue figures came in at $299.9 million (Q1 2026), $294.1 million (Q4 2025), and $297.2 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 299.86 Mn
Dec 31, 2025 294.07 Mn
Sep 30, 2025 297.17 Mn
Jun 30, 2025 312.86 Mn
Mar 31, 2025 328.36 Mn
Dec 31, 2024 293.54 Mn
Sep 30, 2024 299.96 Mn
Jun 30, 2024 309.77 Mn
Mar 31, 2024 317.90 Mn
Dec 31, 2023 282.41 Mn
Sep 30, 2023 282.17 Mn
Jun 30, 2023 285.35 Mn
Mar 31, 2023 276.05 Mn
Dec 31, 2022 278.28 Mn
Sep 30, 2022 240.95 Mn
Jun 30, 2022 240.63 Mn
Mar 31, 2022 230.52 Mn
Dec 31, 2021 210.55 Mn
Sep 30, 2021 165.86 Mn
Dec 31, 2020 142.38 Mn