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| Date | Value |
|---|---|
| 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 |