Udemy (UDMY) Revenue (2020 - 2026)
Udemy's (UDMY) quarterly Revenue came in at $191.4 million in Q1 2026, down 4.44% year-on-year from $200.3 million in Q1 2025, and down 1.33% quarter-over-quarter from $194.0 million in Q4 2025.
Udemy (UDMY) Revenue (2020 - 2026) Analysis & Trends
Udemy has disclosed Revenue across 7 years of filings, most recently posting $191.4 million for Q1 2026.
- Revenue for Q1 2026 came in at $191.4 million, down 4.44% year-over-year; the trailing twelve-month figure through Mar 2026 was $781.0 million (down 1.15% YoY), and the FY2025 annual result was $789.8 million, changed 0.42% from the prior year.
- Revenue came in at $191.4 million for Q1 2026 at Udemy, down from $194.0 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $200.3 million in Q1 2025 to a low of $152.2 million in Q1 2022.
- The 5-year median for Revenue is $191.4 million (2026), against an average of $183.9 million.
- Across the five-year window, Revenue climbed 22.28% in 2022 and fell 4.44% in 2026, its largest moves.
- Udemy's Revenue stood at $165.3 million in 2022, then climbed by 14.65% to $189.5 million in 2023, then advanced by 5.49% to $199.9 million in 2024, then retreated by 2.98% to $194.0 million in 2025, then slipped by 1.33% to $191.4 million in 2026.
- The last three Revenue figures came in at $191.4 million (Q1 2026), $194.0 million (Q4 2025), and $195.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | 30.62 Mn |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | 272.61 Mn |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 1.24 Bn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 487.03 Mn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 629.87 Mn |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 308.76 Mn |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 463.72 Mn |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 221.40 Mn |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 221.74 Mn |
| 10 | Udemy | 672.44 Mn | 419.78 Mn | 129.27 Mn | 191.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 191.41 Mn |
| Dec 31, 2025 | 193.99 Mn |
| Sep 30, 2025 | 195.68 Mn |
| Jun 30, 2025 | 199.88 Mn |
| Mar 31, 2025 | 200.30 Mn |
| Dec 31, 2024 | 199.94 Mn |
| Sep 30, 2024 | 195.42 Mn |
| Jun 30, 2024 | 194.36 Mn |
| Mar 31, 2024 | 196.85 Mn |
| Dec 31, 2023 | 189.55 Mn |
| Sep 30, 2023 | 184.72 Mn |
| Jun 30, 2023 | 178.24 Mn |
| Mar 31, 2023 | 176.43 Mn |
| Dec 31, 2022 | 165.33 Mn |
| Sep 30, 2022 | 158.43 Mn |
| Jun 30, 2022 | 153.11 Mn |
| Mar 31, 2022 | 152.22 Mn |
| Dec 31, 2021 | 135.45 Mn |
| Sep 30, 2021 | 129.56 Mn |
| Jun 30, 2021 | 126.09 Mn |