Growth Metrics

Udemy (UDMY) FCF Margin (2020 - 2025)

Udemy has reported FCF Margin over the past 6 years, most recently at 9.48% for Q4 2025.

  • On a quarterly basis, FCF Margin rose 71.0% to 9.48% in Q4 2025 year-over-year; TTM through Dec 2025 was 10.36%, a 391.0% increase, with the full-year FY2025 number at 10.36%, up 391.0% from a year prior.
  • FCF Margin reached 9.48% in Q4 2025 per UDMY's latest filing, up from 6.49% in the prior quarter.
  • The five-year high for FCF Margin was 20.48% in Q2 2025, with the low at 18.66% in Q4 2022.
  • The 5-year median for FCF Margin is 4.94% (2025), against an average of 0.49%.
  • Peak YoY movement for FCF Margin: plummeted -2364bps in 2022, then soared 2367bps in 2024.
  • Tracing UDMY's FCF Margin over 5 years: stood at 4.98% in 2021, then plummeted by -475bps to 18.66% in 2022, then surged by 46bps to 10.16% in 2023, then soared by 186bps to 8.77% in 2024, then grew by 8bps to 9.48% in 2025.
  • According to Business Quant data, FCF Margin over the past three periods came in at 9.48%, 6.49%, and 20.48% for Q4 2025, Q3 2025, and Q2 2025 respectively.