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
DateValue
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