Growth Metrics

Udemy (UDMY) EBITDA (2020 - 2025)

Udemy has reported EBITDA over the past 6 years, most recently at -$3.4 million for Q4 2025.

  • On a quarterly basis, EBITDA rose 70.42% to -$3.4 million in Q4 2025 year-over-year; TTM through Dec 2025 was -$4.2 million, a 95.35% increase, with the full-year FY2025 number at -$4.2 million, up 95.35% from a year prior.
  • EBITDA reached -$3.4 million in Q4 2025 per UDMY's latest filing, down from -$162000.0 in the prior quarter.
  • The five-year high for EBITDA was $3.9 million in Q2 2025, with the low at -$54.1 million in Q4 2022.
  • The 5-year median for EBITDA is -$24.0 million (2022), against an average of -$22.2 million.
  • Peak YoY movement for EBITDA: plummeted 478.37% in 2021, then skyrocketed 115.38% in 2025.
  • Tracing UDMY's EBITDA over 5 years: stood at -$40.9 million in 2021, then tumbled by 32.12% to -$54.1 million in 2022, then soared by 52.57% to -$25.7 million in 2023, then skyrocketed by 54.82% to -$11.6 million in 2024, then surged by 70.42% to -$3.4 million in 2025.
  • According to Business Quant data, EBITDA over the past three periods came in at -$3.4 million, -$162000.0, and $3.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.