Udemy (UDMY) Enterprise Value (2020 - 2026)

Udemy's (UDMY) quarterly Enterprise Value came in at -$252.7 million in Q1 2026, down 33.25% year-on-year from -$378.5 million in Q1 2025, and up 29.57% quarter-over-quarter from -$358.7 million in Q4 2025.

Udemy (UDMY) Enterprise Value (2020 - 2026) Analysis & Trends

Udemy has disclosed Enterprise Value across 7 years of filings, most recently posting -$252.7 million for Q1 2026.

  • Enterprise Value for Q1 2026 came in at -$252.7 million, down 33.25% year-over-year; the trailing twelve-month figure through Mar 2026 was -$252.7 million (down 33.25% YoY), and the FY2025 annual result was -$358.7 million, down 88.13% from the prior year.
  • Enterprise Value came in at -$252.7 million for Q1 2026 at Udemy, up from -$358.7 million in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$189.6 million in Q1 2025 to a low of -$512.2 million in Q2 2022.
  • The 5-year median for Enterprise Value is -$308.9 million (2023), against an average of -$319.0 million.
  • Across the five-year window, Enterprise Value tumbled 279.45% in 2022 and jumped 46.06% in 2023, its largest moves.
  • Udemy's Enterprise Value stood at -$313.7 million in 2022, then increased by 1.53% to -$308.9 million in 2023, then surged by 38.27% to -$190.7 million in 2024, then tumbled by 88.13% to -$358.7 million in 2025, then increased by 29.57% to -$252.7 million in 2026.
  • The last three Enterprise Value figures came in at -$252.7 million (Q1 2026), -$358.7 million (Q4 2025), and -$236.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn -38.77 Mn
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn -157.93 Mn
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn -1.01 Bn
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn -1.86 Mn
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn -805.84 Mn
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn -251.70 Mn
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn -253.52 Mn
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn -161.98 Mn
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn -680.78 Mn
10 Udemy 672.44 Mn 419.78 Mn 129.27 Mn -252.66 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -252.66 Mn
Dec 31, 2025 -358.74 Mn
Sep 30, 2025 -236.13 Mn
Jun 30, 2025 -391.98 Mn
Mar 31, 2025 -189.62 Mn
Dec 31, 2024 -190.69 Mn
Sep 30, 2024 -204.66 Mn
Jun 30, 2024 -272.46 Mn
Mar 31, 2024 -260.14 Mn
Dec 31, 2023 -308.89 Mn
Sep 30, 2023 -328.07 Mn
Jun 30, 2023 -323.23 Mn
Mar 31, 2023 -275.63 Mn
Dec 31, 2022 -313.69 Mn
Sep 30, 2022 -493.97 Mn
Jun 30, 2022 -512.17 Mn
Mar 31, 2022 -510.97 Mn
Dec 31, 2021 -533.87 Mn
Sep 30, 2021 -130.18 Mn
Dec 31, 2020 -175.03 Mn