Udemy (UDMY) EBITDA (2020 - 2026)

Udemy has disclosed EBITDA across 7 years of filings, most recently posting -$12.5 million for Q1 2026.

• EBITDA for Q1 2026 came in at -$12.5 million, down 178.85% year-over-year; the trailing twelve-month figure through Mar 2026 was -$12.2 million (up 82.85% YoY), and the FY2025 annual result was -$4.2 million, up 95.35% from the prior year.
• EBITDA came in at -$12.5 million for Q1 2026 at Udemy, down from -$3.4 million in the prior quarter.
• In the past five years, EBITDA ranged from a high of $3.9 million in Q2 2025 to a low of -$54.1 million in Q4 2022.
• The 5-year median for EBITDA is -$25.3 million (2022), against an average of -$22.3 million.
• Across the five-year window, EBITDA plunged 352.89% in 2022 and soared 115.38% in 2025, its largest moves.
• Udemy's EBITDA stood at -$54.1 million in 2022, then soared by 52.57% to -$25.7 million in 2023, then jumped by 54.82% to -$11.6 million in 2024, then surged by 70.42% to -$3.4 million in 2025, then slumped by 265.19% to -$12.5 million in 2026.
• The last three EBITDA figures came in at -$12.5 million (Q1 2026), -$3.4 million (Q4 2025), and -$162000.0 (Q3 2025), per Business Quant data.