Growth Metrics

Udemy (UDMY) Equity Ratio (2020 - 2026)

Quarterly results put Equity Ratio at 0.33 for Q1 2026, up 2.05% from a year ago — trailing twelve months through Mar 2026 was 0.33 (up 2.05% YoY), and the annual figure for FY2025 was 0.34, up 4.54%.

Udemy has reported Equity Ratio over the past 7 years, most recently at 0.33 for Q1 2026.

  • Equity Ratio reached 0.33 in Q1 2026 per UDMY's latest filing, down from 0.34 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.51 in Q1 2022 and bottomed at 0.32 in Q3 2024.
  • Median Equity Ratio over the past 5 years was 0.42 (2024), compared with a mean of 0.41.
  • The largest annual shift saw Equity Ratio skyrocketed 153.05% in 2022 before it plummeted 32.31% in 2024.
  • Over 5 years, Equity Ratio stood at 0.46 in 2022, then rose by 4.67% to 0.48 in 2023, then tumbled by 32.31% to 0.33 in 2024, then increased by 4.54% to 0.34 in 2025, then dropped by 1.87% to 0.33 in 2026.
  • Business Quant data shows Equity Ratio for UDMY at 0.33 in Q1 2026, 0.34 in Q4 2025, and 0.36 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 51Talk Online Education 9.59 Bn 9.55 Bn 22.18 Mn -0.47
2 Graham Holdings 4.73 Bn 3.72 Bn 841.00 Mn 0.58
3 Laureate Education 4.69 Bn 4.53 Bn -16.39 Mn 0.46
4 Grand Canyon Education 4.19 Bn 3.94 Bn 244.77 Mn 0.72
5 Stride 3.77 Bn 2.96 Bn 231.57 Mn 0.67
6 Perdoceo Education 2.11 Bn 1.43 Bn 174.68 Mn 0.78
7 Universal Technical Institute 2.01 Bn 1.84 Bn 103.97 Mn 0.40
8 Strategic Education 1.71 Bn 1.55 Bn - 0.79
9 Lincoln Educational Services 1.46 Bn 1.44 Bn 120.06 Mn 0.41
10 Udemy 672.44 Mn 419.78 Mn 129.27 Mn 0.33

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 0.33
Dec 31, 2025 0.34
Sep 30, 2025 0.36
Jun 30, 2025 0.36
Mar 31, 2025 0.33
Dec 31, 2024 0.33
Sep 30, 2024 0.32
Jun 30, 2024 0.38
Mar 31, 2024 0.42
Dec 31, 2023 0.48
Sep 30, 2023 0.47
Jun 30, 2023 0.46
Mar 31, 2023 0.45
Dec 31, 2022 0.46
Sep 30, 2022 0.49
Jun 30, 2022 0.50
Mar 31, 2022 0.51
Dec 31, 2021 0.53
Sep 30, 2021 -0.92
Dec 31, 2020 -0.92