Udemy (UDMY) Gross Profit (2020 - 2026)
Quarterly results put Gross Profit at $129.3 million for Q1 2026, changed 0.14% from a year ago — trailing twelve months through Mar 2026 was $518.2 million (up 3.48% YoY), and the annual figure for FY2025 was $518.4 million, up 5.38%.
Udemy has reported Gross Profit over the past 7 years, most recently at $129.3 million for Q1 2026.
- Gross Profit reached $129.3 million in Q1 2026 per UDMY's latest filing, up from $128.0 million in the prior quarter.
- Across five years, Gross Profit topped out at $132.0 million in Q2 2025 and bottomed at $85.8 million in Q1 2022.
- Median Gross Profit over the past 5 years was $120.6 million (2024), compared with a mean of $112.5 million.
- The largest annual shift saw Gross Profit increased 28.75% in 2022 before it decreased 0.14% in 2026.
- Over 5 years, Gross Profit stood at $91.3 million in 2022, then rose by 20.26% to $109.8 million in 2023, then increased by 15.8% to $127.2 million in 2024, then grew by 0.66% to $128.0 million in 2025, then rose by 0.95% to $129.3 million in 2026.
- Business Quant data shows Gross Profit for UDMY at $129.3 million in Q1 2026, $128.0 million in Q4 2025, and $128.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn |
| 10 | Udemy | 672.44 Mn | 419.78 Mn | 129.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | 107.46 Mn |
| Sep 30, 2023 | 107.46 Mn |
| Jun 30, 2023 | 102.30 Mn |
| Jun 30, 2023 | 102.30 Mn |
| Mar 31, 2023 | 99.73 Mn |
| Mar 31, 2023 | 99.73 Mn |
| Dec 31, 2022 | 91.34 Mn |
| Dec 31, 2022 | 91.34 Mn |
| Sep 30, 2022 | 89.35 Mn |
| Sep 30, 2022 | 89.35 Mn |
| Jun 30, 2022 | 87.30 Mn |
| Jun 30, 2022 | 87.30 Mn |
| Mar 31, 2022 | 85.79 Mn |
| Mar 31, 2022 | 85.79 Mn |
| Dec 31, 2021 | 71.33 Mn |
| Dec 31, 2021 | 71.33 Mn |
| Sep 30, 2021 | 71.58 Mn |
| Sep 30, 2021 | 71.58 Mn |
| Jun 30, 2021 | 70.10 Mn |
| Jun 30, 2021 | 70.10 Mn |
| Mar 31, 2021 | 66.63 Mn |
| Mar 31, 2021 | 66.63 Mn |
| Dec 31, 2020 | 54.44 Mn |
| Dec 31, 2020 | 54.44 Mn |
| Sep 30, 2020 | 69.51 Mn |
| Sep 30, 2020 | 69.51 Mn |