Udemy (UDMY) Gross Profit (2020 - 2026)

Udemy's (UDMY) quarterly Gross Profit came in at $129.3 million in Q1 2026, little changed year-on-year from $129.4 million in Q1 2025, and up 0.95% quarter-over-quarter from $128.0 million in Q4 2025.

Udemy (UDMY) Gross Profit (2020 - 2026) Analysis & Trends

Udemy has disclosed Gross Profit across 7 years of filings, most recently posting $129.3 million for Q1 2026.

  • Gross Profit for Q1 2026 came in at $129.3 million, changed 0.14% year-over-year; the trailing twelve-month figure through Mar 2026 was $518.2 million (up 3.48% YoY), and the FY2025 annual result was $518.4 million, up 5.38% from the prior year.
  • Gross Profit came in at $129.3 million for Q1 2026 at Udemy, up from $128.0 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $132.0 million in Q2 2025 to a low of $85.8 million in Q1 2022.
  • The 5-year median for Gross Profit is $120.6 million (2024), against an average of $112.5 million.
  • Across the five-year window, Gross Profit increased 28.75% in 2022 and decreased 0.14% in 2026, its largest moves.
  • Udemy's Gross Profit stood at $91.3 million in 2022, then rose by 20.26% to $109.8 million in 2023, then advanced by 15.8% to $127.2 million in 2024, then grew by 0.66% to $128.0 million in 2025, then climbed by 0.95% to $129.3 million in 2026.
  • The last three Gross Profit figures came in at $129.3 million (Q1 2026), $128.0 million (Q4 2025), and $128.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn
10 Udemy 672.44 Mn 419.78 Mn 129.27 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 129.27 Mn
Mar 31, 2026 129.27 Mn
Dec 31, 2025 128.05 Mn
Dec 31, 2025 128.05 Mn
Sep 30, 2025 128.87 Mn
Sep 30, 2025 128.87 Mn
Jun 30, 2025 132.05 Mn
Jun 30, 2025 132.05 Mn
Mar 31, 2025 129.44 Mn
Mar 31, 2025 129.44 Mn
Dec 31, 2024 127.21 Mn
Dec 31, 2024 127.21 Mn
Sep 30, 2024 123.06 Mn
Sep 30, 2024 123.06 Mn
Jun 30, 2024 121.12 Mn
Jun 30, 2024 121.12 Mn
Mar 31, 2024 120.56 Mn
Mar 31, 2024 120.56 Mn
Dec 31, 2023 109.85 Mn
Dec 31, 2023 109.85 Mn