Udemy (UDMY) Equity Ratio (2020 - 2026)
Udemy's (UDMY) quarterly Equity Ratio came in at 0.33 in Q1 2026, up 2.05% year-on-year from 0.33 in Q1 2025, and down 1.87% quarter-over-quarter from 0.34 in Q4 2025.
Udemy (UDMY) Equity Ratio (2020 - 2026) Analysis & Trends
Udemy has disclosed Equity Ratio across 7 years of filings, most recently posting 0.33 for Q1 2026.
- Equity Ratio for Q1 2026 came in at 0.33, up 2.05% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.33 (up 2.05% YoY), and the FY2025 annual result was 0.34, up 4.54% from the prior year.
- Equity Ratio came in at 0.33 for Q1 2026 at Udemy, down from 0.34 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.51 in Q1 2022 to a low of 0.32 in Q3 2024.
- The 5-year median for Equity Ratio is 0.42 (2024), against an average of 0.41.
- Across the five-year window, Equity Ratio jumped 153.05% in 2022 and tumbled 32.31% in 2024, its largest moves.
- Udemy's Equity Ratio stood at 0.46 in 2022, then rose by 4.67% to 0.48 in 2023, then sank 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.
- The last three Equity Ratio figures came in at 0.33 (Q1 2026), 0.34 (Q4 2025), and 0.36 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | -0.47 |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | 0.46 |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 0.58 |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 0.50 |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 0.67 |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 0.72 |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 0.13 |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 0.40 |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 0.78 |
| 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 |