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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Udemy (UDMY) Net Margin (2020 - 2025)

Udemy's Net Margin history spans 6 years, with the latest figure at 1.2% for Q4 2025.

  • For Q4 2025, Net Margin rose 373.0% year-over-year to 1.2%; the TTM value through Dec 2025 reached 0.48%, up 1133.0%, while the annual FY2025 figure was 0.48%, 1133.0% up from the prior year.
  • Net Margin for Q4 2025 was 1.2% at Udemy, down from 0.84% in the prior quarter.
  • Across five years, Net Margin topped out at 3.13% in Q2 2025 and bottomed at 31.54% in Q4 2022.
  • The 5-year median for Net Margin is 11.81% (2023), against an average of 12.97%.
  • The largest annual shift saw Net Margin skyrocketed 290691bps in 2021 before it crashed -2232bps in 2022.
  • A 5-year view of Net Margin shows it stood at 30.55% in 2021, then fell by -3bps to 31.54% in 2022, then skyrocketed by 66bps to 10.68% in 2023, then surged by 54bps to 4.93% in 2024, then skyrocketed by 76bps to 1.2% in 2025.
  • Per Business Quant, the three most recent readings for UDMY's Net Margin are 1.2% (Q4 2025), 0.84% (Q3 2025), and 3.13% (Q2 2025).