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Udemy (UDMY) Gross Margin (2020 - 2025)

Historic Gross Margin for Udemy (UDMY) over the last 6 years, with Q3 2025 value amounting to 65.86%.

  • Udemy's Gross Margin rose 28900.0% to 65.86% in Q3 2025 from the same period last year, while for Sep 2025 it was 65.04%, marking a year-over-year increase of 38900.0%. This contributed to the annual value of 62.54% for FY2024, which is 50200.0% up from last year.
  • As of Q3 2025, Udemy's Gross Margin stood at 65.86%, which was up 28900.0% from 66.06% recorded in Q2 2025.
  • Udemy's 5-year Gross Margin high stood at 66.06% for Q2 2025, and its period low was 52.66% during Q4 2021.
  • Moreover, its 5-year median value for Gross Margin was 57.4% (2023), whereas its average is 58.88%.
  • Per our database at Business Quant, Udemy's Gross Margin tumbled by -34400bps in 2021 and then soared by 56700bps in 2024.
  • Over the past 5 years, Udemy's Gross Margin (Quarter) stood at 52.66% in 2021, then grew by 5bps to 55.25% in 2022, then grew by 5bps to 57.95% in 2023, then grew by 10bps to 63.62% in 2024, then rose by 4bps to 65.86% in 2025.
  • Its last three reported values are 65.86% in Q3 2025, 66.06% for Q2 2025, and 64.62% during Q1 2025.