Growth Metrics

Udemy (UDMY) Operating Expenses (2020 - 2025)

Historic Operating Expenses for Udemy (UDMY) over the last 6 years, with Q3 2025 value amounting to $129.0 million.

  • Udemy's Operating Expenses fell 1539.79% to $129.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $529.9 million, marking a year-over-year decrease of 832.11%. This contributed to the annual value of $581.3 million for FY2024, which is 739.68% up from last year.
  • Udemy's Operating Expenses amounted to $129.0 million in Q3 2025, which was down 1539.79% from $128.1 million recorded in Q2 2025.
  • In the past 5 years, Udemy's Operating Expenses registered a high of $152.5 million during Q3 2024, and its lowest value of $81.1 million during Q2 2021.
  • Moreover, its 5-year median value for Operating Expenses was $129.8 million (2023), whereas its average is $125.1 million.
  • In the last 5 years, Udemy's Operating Expenses skyrocketed by 6345.11% in 2022 and then tumbled by 1539.79% in 2025.
  • Udemy's Operating Expenses (Quarter) stood at $112.3 million in 2021, then increased by 29.54% to $145.4 million in 2022, then decreased by 6.82% to $135.5 million in 2023, then increased by 2.43% to $138.8 million in 2024, then dropped by 7.04% to $129.0 million in 2025.
  • Its last three reported values are $129.0 million in Q3 2025, $128.1 million for Q2 2025, and $133.9 million during Q1 2025.