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Udemy (UDMY) Research & Development (2020 - 2025)

Udemy has reported Research & Development over the past 6 years, most recently at $24.6 million for Q4 2025.

  • On a quarterly basis, Research & Development fell 14.63% to $24.6 million in Q4 2025 year-over-year; TTM through Dec 2025 was $101.5 million, a 19.07% decrease, with the full-year FY2025 number at $101.5 million, down 19.07% from a year prior.
  • Research & Development reached $24.6 million in Q4 2025 per UDMY's latest filing, down from $25.6 million in the prior quarter.
  • The five-year high for Research & Development was $33.0 million in Q3 2024, with the low at $14.8 million in Q2 2021.
  • The 5-year median for Research & Development is $27.2 million (2022), against an average of $25.9 million.
  • Peak YoY movement for Research & Development: soared 68.01% in 2022, then dropped 22.43% in 2025.
  • Tracing UDMY's Research & Development over 5 years: stood at $19.2 million in 2021, then soared by 55.97% to $30.0 million in 2022, then dropped by 1.52% to $29.5 million in 2023, then dropped by 2.29% to $28.8 million in 2024, then decreased by 14.63% to $24.6 million in 2025.
  • According to Business Quant data, Research & Development over the past three periods came in at $24.6 million, $25.6 million, and $26.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.