Udemy (UDMY) Intangibles (2021 - 2026)
Quarterly results put Intangibles at $2.0 million for Q1 2026, down 93.4% from a year ago — trailing twelve months through Mar 2026 was $2.0 million (down 93.4% YoY), and the annual figure for FY2025 was $29.0 million, down 8.19%.
Udemy has reported Intangibles over the past 6 years, most recently at $2.0 million for Q1 2026.
- Intangibles reached $2.0 million in Q1 2026 per UDMY's latest filing, down from $29.0 million in the prior quarter.
- Across five years, Intangibles topped out at $31.5 million in Q4 2024 and bottomed at $2.0 million in Q1 2026.
- Median Intangibles over the past 5 years was $21.7 million (2022), compared with a mean of $17.1 million.
- The largest annual shift saw Intangibles surged 996.46% in 2025 before it crashed 93.4% in 2026.
- Over 5 years, Intangibles stood at $9.3 million in 2022, then skyrocketed by 236.38% to $31.4 million in 2023, then increased 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.
- Business Quant data shows Intangibles for UDMY at $2.0 million in Q1 2026, $29.0 million in Q4 2025, and $29.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | 125,000.00 |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 55.12 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 165.04 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 149.44 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 12.65 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 73.77 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 21.41 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 250.41 Mn |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 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 |