Udemy (UDMY) Free Cash Flow (2020 - 2026)

Udemy has disclosed Free Cash Flow across 7 years of filings, most recently posting $14.9 million for Q1 2026.

• Free Cash Flow for Q1 2026 came in at $14.9 million, up 51.51% year-over-year; the trailing twelve-month figure through Mar 2026 was $86.9 million (up 102.78% YoY), and the FY2025 annual result was $81.9 million, up 61.31% from the prior year.
• Free Cash Flow came in at $14.9 million for Q1 2026 at Udemy, down from $15.0 million in the prior quarter.
• In the past five years, Free Cash Flow ranged from a high of $41.9 million in Q2 2025 to a low of -$30.9 million in Q4 2022.
• The 5-year median for Free Cash Flow is $8.4 million (2024), against an average of $4.1 million.
• Across the five-year window, Free Cash Flow tumbled 3835.2% in 2022 and jumped 3092.28% in 2025, its largest moves.
• Udemy's Free Cash Flow stood at -$30.9 million in 2022, then surged by 37.55% to -$19.3 million in 2023, then soared by 143.59% to $8.4 million in 2024, then soared by 78.53% to $15.0 million in 2025, then decreased by 0.67% to $14.9 million in 2026.
• The last three Free Cash Flow figures came in at $14.9 million (Q1 2026), $15.0 million (Q4 2025), and $15.1 million (Q3 2025), per Business Quant data.