Udemy (UDMY) Leases (2022 - 2026)
Quarterly results put Leases at $8.7 million for Q1 2026, down 13.33% from a year ago — trailing twelve months through Mar 2026 was $8.7 million (down 13.33% YoY), and the annual figure for FY2025 was $9.0 million, down 17.44%.
Udemy has reported Leases over the past 5 years, most recently at $8.7 million for Q1 2026.
- Leases reached $8.7 million in Q1 2026 per UDMY's latest filing, down from $9.0 million in the prior quarter.
- Across five years, Leases topped out at $16.0 million in Q1 2022 and bottomed at $4.2 million in Q1 2024.
- Median Leases over the past 5 years was $10.0 million (2025), compared with a mean of $10.2 million.
- The largest annual shift saw Leases tumbled 57.31% in 2024 before it surged 138.64% in 2025.
- Over 5 years, Leases stood at $11.4 million in 2022, then plummeted by 49.98% to $5.7 million in 2023, then soared by 92.41% to $11.0 million in 2024, then dropped by 17.44% to $9.0 million in 2025, then decreased by 3.79% to $8.7 million in 2026.
- Business Quant data shows Leases for UDMY at $8.7 million in Q1 2026, $9.0 million in Q4 2025, and $10.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | 3.21 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 387.16 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 453.76 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 93.50 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | - |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 41.52 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 168.88 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 90.32 Mn |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 151.21 Mn |
| 10 | Udemy | 672.44 Mn | 419.78 Mn | 129.27 Mn | 8.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.70 Mn |
| Dec 31, 2025 | 9.04 Mn |
| Sep 30, 2025 | 10.12 Mn |
| Jun 30, 2025 | 9.10 Mn |
| Mar 31, 2025 | 10.04 Mn |
| Dec 31, 2024 | 10.95 Mn |
| Sep 30, 2024 | 11.83 Mn |
| Jun 30, 2024 | 12.74 Mn |
| Mar 31, 2024 | 4.21 Mn |
| Dec 31, 2023 | 5.69 Mn |
| Sep 30, 2023 | 7.16 Mn |
| Jun 30, 2023 | 8.62 Mn |
| Mar 31, 2023 | 9.85 Mn |
| Dec 31, 2022 | 11.38 Mn |
| Sep 30, 2022 | 12.94 Mn |
| Jun 30, 2022 | 14.47 Mn |
| Mar 31, 2022 | 15.99 Mn |