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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) Operating Margin (2020 - 2025)

Udemy has reported Operating Margin over the past 6 years, most recently at 1.77% for Q4 2025.

  • On a quarterly basis, Operating Margin rose 403.0% to 1.77% in Q4 2025 year-over-year; TTM through Dec 2025 was 0.53%, a 1083.0% increase, with the full-year FY2025 number at 0.53%, up 1083.0% from a year prior.
  • Operating Margin reached 1.77% in Q4 2025 per UDMY's latest filing, down from 0.08% in the prior quarter.
  • The five-year high for Operating Margin was 1.97% in Q2 2025, with the low at 32.72% in Q4 2022.
  • The 5-year median for Operating Margin is 13.17% (2021), against an average of 13.49%.
  • Peak YoY movement for Operating Margin: tumbled -1993bps in 2022, then surged 1918bps in 2023.
  • Tracing UDMY's Operating Margin over 5 years: stood at 30.23% in 2021, then decreased by -8bps to 32.72% in 2022, then skyrocketed by 59bps to 13.54% in 2023, then skyrocketed by 57bps to 5.8% in 2024, then surged by 70bps to 1.77% in 2025.
  • According to Business Quant data, Operating Margin over the past three periods came in at 1.77%, 0.08%, and 1.97% for Q4 2025, Q3 2025, and Q2 2025 respectively.