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| Date | Value |
|---|---|
| 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 |