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