Udemy (UDMY) Intangibles (2021 - 2026)
Udemy's (UDMY) quarterly Intangibles came in at $2.0 million in Q1 2026, down 93.4% year-on-year from $30.8 million in Q1 2025, and down 92.99% quarter-over-quarter from $29.0 million in Q4 2025.
Udemy (UDMY) Intangibles (2021 - 2026) Analysis & Trends
Udemy has disclosed Intangibles across 6 years of filings, most recently posting $2.0 million for Q1 2026.
- Intangibles for Q1 2026 came in at $2.0 million, down 93.4% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.0 million (down 93.4% YoY), and the FY2025 annual result was $29.0 million, down 8.19% from the prior year.
- Intangibles came in at $2.0 million for Q1 2026 at Udemy, down from $29.0 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $31.5 million in Q4 2024 to a low of $2.0 million in Q1 2026.
- The 5-year median for Intangibles is $21.7 million (2022), against an average of $17.1 million.
- Across the five-year window, Intangibles surged 996.46% in 2025 and plunged 93.4% in 2026, its largest moves.
- Udemy's Intangibles stood at $9.3 million in 2022, then jumped by 236.38% to $31.4 million in 2023, then advanced by 0.51% to $31.5 million in 2024, then dropped by 8.19% to $29.0 million in 2025, then tumbled by 92.99% to $2.0 million in 2026.
- The last three Intangibles figures came in at $2.0 million (Q1 2026), $29.0 million (Q4 2025), and $29.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | 125,000.00 |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | 165.04 Mn |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 55.12 Mn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 757.06 Mn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 12.65 Mn |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 149.44 Mn |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 1.23 Bn |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 21.41 Mn |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 73.77 Mn |
| 10 | Udemy | 672.44 Mn | 419.78 Mn | 129.27 Mn | 2.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.03 Mn |
| Dec 31, 2025 | 28.96 Mn |
| Sep 30, 2025 | 29.12 Mn |
| Jun 30, 2025 | 3.28 Mn |
| Mar 31, 2025 | 30.76 Mn |
| Dec 31, 2024 | 31.55 Mn |
| Sep 30, 2024 | 2.66 Mn |
| Jun 30, 2024 | 3.31 Mn |
| Mar 31, 2024 | 4.27 Mn |
| Dec 31, 2023 | 31.39 Mn |
| Sep 30, 2023 | 6.18 Mn |
| Jun 30, 2023 | 7.20 Mn |
| Mar 31, 2023 | 29.05 Mn |
| Dec 31, 2022 | 9.33 Mn |
| Sep 30, 2022 | 25.89 Mn |
| Jun 30, 2022 | 23.52 Mn |
| Mar 31, 2022 | 21.69 Mn |
| Dec 31, 2021 | 20.05 Mn |
| Sep 30, 2021 | 14.71 Mn |