Udemy (UDMY) EBT Margin (2020 - 2026)
Quarterly results put EBT Margin at 5.52% for Q1 2026, down 510.0% from a year ago — trailing twelve months through Mar 2026 was 0.18% (up 798.0% YoY), and the annual figure for FY2025 was 1.06%, up 1135.0%.
Udemy has reported EBT Margin over the past 7 years, most recently at 5.52% for Q1 2026.
- EBT Margin reached 5.52% in Q1 2026 per UDMY's latest filing, down from 0.5% in the prior quarter.
- Across five years, EBT Margin topped out at 3.7% in Q2 2025 and bottomed at 30.86% in Q4 2022.
- Median EBT Margin over the past 5 years was 10.3% (2023), compared with a mean of 11.51%.
- The largest annual shift saw EBT Margin crashed -2158bps in 2022 before it skyrocketed 2056bps in 2023.
- Over 5 years, EBT Margin stood at 30.86% in 2022, then surged by 67bps to 10.3% in 2023, then skyrocketed by 60bps to 4.1% in 2024, then soared by 88bps to 0.5% in 2025, then tumbled by -997bps to 5.52% in 2026.
- Business Quant data shows EBT Margin for UDMY at 5.52% in Q1 2026, 0.5% in Q4 2025, and 1.4% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | -19.01% |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 3.29% |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | -10.02% |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 31.90% |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 19.17% |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 30.72% |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 0.17% |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 13.82% |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 3.89% |
| 10 | Udemy | 672.44 Mn | 419.78 Mn | 129.27 Mn | -5.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.52% |
| Dec 31, 2025 | -0.50% |
| Sep 30, 2025 | 1.40% |
| Jun 30, 2025 | 3.70% |
| Mar 31, 2025 | -0.42% |
| Dec 31, 2024 | -4.10% |
| Sep 30, 2024 | -12.49% |
| Jun 30, 2024 | -15.96% |
| Mar 31, 2024 | -8.79% |
| Dec 31, 2023 | -10.30% |
| Sep 30, 2023 | -8.64% |
| Jun 30, 2023 | -13.85% |
| Mar 31, 2023 | -24.65% |
| Dec 31, 2022 | -30.86% |
| Sep 30, 2022 | -29.15% |
| Jun 30, 2022 | -18.99% |
| Mar 31, 2022 | -16.63% |
| Dec 31, 2021 | -30.06% |
| Sep 30, 2021 | -7.57% |
| Jun 30, 2021 | -8.91% |
| Mar 31, 2021 | -13.72% |
| Dec 31, 2020 | -23.75% |
| Sep 30, 2020 | 1.99% |