Growth Metrics

Udemy (UDMY) EBIT Margin (2020 - 2026)

Quarterly results put EBIT Margin at 6.54% for Q1 2026, down 430.0% from a year ago — trailing twelve months through Mar 2026 was 1.56% (up 744.0% YoY), and the annual figure for FY2025 was 0.53%, up 1083.0%.

Udemy has reported EBIT Margin over the past 7 years, most recently at 6.54% for Q1 2026.

  • EBIT Margin reached 6.54% in Q1 2026 per UDMY's latest filing, down from 1.77% in the prior quarter.
  • Across five years, EBIT Margin topped out at 1.97% in Q2 2025 and bottomed at 32.72% in Q4 2022.
  • Median EBIT Margin over the past 5 years was 13.14% (2024), compared with a mean of 12.76%.
  • The largest annual shift saw EBIT Margin plummeted -1993bps in 2022 before it skyrocketed 1918bps in 2023.
  • Over 5 years, EBIT Margin stood at 32.72% in 2022, then skyrocketed by 59bps to 13.54% in 2023, then skyrocketed by 57bps to 5.8% in 2024, then surged by 70bps to 1.77% in 2025, then tumbled by -270bps to 6.54% in 2026.
  • Business Quant data shows EBIT Margin for UDMY at 6.54% in Q1 2026, 1.77% in Q4 2025, and 0.08% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 51Talk Online Education 9.59 Bn 9.55 Bn 22.18 Mn -16.93%
2 Graham Holdings 4.73 Bn 3.72 Bn 841.00 Mn 4.68%
3 Laureate Education 4.69 Bn 4.53 Bn -16.39 Mn -10.10%
4 Grand Canyon Education 4.19 Bn 3.94 Bn 244.77 Mn 30.92%
5 Stride 3.77 Bn 2.96 Bn 231.57 Mn 20.49%
6 Perdoceo Education 2.11 Bn 1.43 Bn 174.68 Mn 28.47%
7 Universal Technical Institute 2.01 Bn 1.84 Bn 103.97 Mn 0.15%
8 Strategic Education 1.71 Bn 1.55 Bn - 13.43%
9 Lincoln Educational Services 1.46 Bn 1.44 Bn 120.06 Mn 4.45%
10 Udemy 672.44 Mn 419.78 Mn 129.27 Mn -6.54%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -6.54%
Dec 31, 2025 -1.77%
Sep 30, 2025 -0.08%
Jun 30, 2025 1.97%
Mar 31, 2025 -2.24%
Dec 31, 2024 -5.80%
Sep 30, 2024 -15.07%
Jun 30, 2024 -13.14%
Mar 31, 2024 -11.55%
Dec 31, 2023 -13.54%
Sep 30, 2023 -11.64%
Jun 30, 2023 -15.41%
Mar 31, 2023 -26.80%
Dec 31, 2022 -32.72%
Sep 30, 2022 -27.30%
Jun 30, 2022 -18.63%
Mar 31, 2022 -16.63%
Dec 31, 2021 -30.23%
Sep 30, 2021 -7.37%
Jun 30, 2021 -8.70%
Mar 31, 2021 -13.20%
Dec 31, 2020 -23.70%
Sep 30, 2020 2.13%