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
DateValue
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