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
DateValue
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