Udemy (UDMY) Retained Earnings (2020 - 2026)
Udemy's (UDMY) quarterly Retained Earnings came in at -$813.8 million in Q1 2026, down 0.87% year-on-year from -$821.0 million in Q1 2025, and down 1.57% quarter-over-quarter from -$801.2 million in Q4 2025.
Udemy (UDMY) Retained Earnings (2020 - 2026) Analysis & Trends
Udemy has disclosed Retained Earnings across 7 years of filings, most recently posting -$813.8 million for Q1 2026.
- Retained Earnings for Q1 2026 came in at -$813.8 million, down 0.87% year-over-year; the trailing twelve-month figure through Mar 2026 was -$813.8 million (down 0.87% YoY), and the FY2025 annual result was -$801.2 million, changed 0.47% from the prior year.
- Retained Earnings came in at -$813.8 million for Q1 2026 at Udemy, down from -$801.2 million in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of -$484.2 million in Q1 2022 to a low of -$813.8 million in Q1 2026.
- The 5-year median for Retained Earnings is -$738.0 million (2024), against an average of -$709.3 million.
- Across the five-year window, Retained Earnings tumbled 35.68% in 2023 and grew 0.47% in 2025, its largest moves.
- Udemy's Retained Earnings stood at -$612.4 million in 2022, then fell by 17.52% to -$719.7 million in 2023, then dropped by 11.85% to -$805.0 million in 2024, then rose by 0.47% to -$801.2 million in 2025, then declined by 1.57% to -$813.8 million in 2026.
- The last three Retained Earnings figures came in at -$813.8 million (Q1 2026), -$801.2 million (Q4 2025), and -$798.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | -1.94 Mn |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | 312.99 Mn |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 8.31 Bn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | -2.23 Mn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 1.10 Bn |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | -185,000.00 |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | -2.52 Mn |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 725,000.00 |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 762.68 Mn |
| 10 | Udemy | 672.44 Mn | 419.78 Mn | 129.27 Mn | -813.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -813.79 Mn |
| Dec 31, 2025 | -801.18 Mn |
| Sep 30, 2025 | -798.85 Mn |
| Jun 30, 2025 | -800.49 Mn |
| Mar 31, 2025 | -806.76 Mn |
| Dec 31, 2024 | -804.99 Mn |
| Sep 30, 2024 | -795.12 Mn |
| Jun 30, 2024 | -769.85 Mn |
| Mar 31, 2024 | -738.04 Mn |
| Dec 31, 2023 | -719.70 Mn |
| Sep 30, 2023 | -699.45 Mn |
| Jun 30, 2023 | -682.68 Mn |
| Mar 31, 2023 | -656.95 Mn |
| Dec 31, 2022 | -612.40 Mn |
| Sep 30, 2022 | -560.25 Mn |
| Jun 30, 2022 | -513.56 Mn |
| Mar 31, 2022 | -484.18 Mn |
| Dec 31, 2021 | -458.53 Mn |
| Sep 30, 2021 | -417.15 Mn |
| Dec 31, 2020 | -378.50 Mn |