Udemy (UDMY) Share-based Compensation (2020 - 2026)
Quarterly results put Share-based Compensation at $16.4 million for Q1 2026, down 8.9% from a year ago — trailing twelve months through Mar 2026 was $67.2 million (down 21.26% YoY), and the annual figure for FY2025 was $68.8 million, down 23.63%.
Udemy has reported Share-based Compensation over the past 7 years, most recently at $16.4 million for Q1 2026.
- Share-based Compensation reached $16.4 million in Q1 2026 per UDMY's latest filing, up from $15.1 million in the prior quarter.
- Across five years, Share-based Compensation topped out at $28.2 million in Q4 2022 and bottomed at $13.3 million in Q1 2022.
- Median Share-based Compensation over the past 5 years was $22.7 million (2024), compared with a mean of $20.7 million.
- The largest annual shift saw Share-based Compensation skyrocketed 245.83% in 2022 before it fell 28.36% in 2025.
- Over 5 years, Share-based Compensation stood at $28.2 million in 2022, then decreased by 18.17% to $23.1 million in 2023, then fell by 14.53% to $19.8 million in 2024, then fell by 23.71% to $15.1 million in 2025, then rose by 8.59% to $16.4 million in 2026.
- Business Quant data shows Share-based Compensation for UDMY at $16.4 million in Q1 2026, $15.1 million in Q4 2025, and $18.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | - |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 1.50 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 2.62 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 3.60 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 5.40 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 3.20 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 3.90 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 5.39 Mn |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 1.44 Mn |
| 10 | Udemy | 672.44 Mn | 419.78 Mn | 129.27 Mn | 16.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.37 Mn |
| Mar 31, 2026 | 16.37 Mn |
| Dec 31, 2025 | 15.07 Mn |
| Dec 31, 2025 | 15.07 Mn |
| Sep 30, 2025 | 18.29 Mn |
| Sep 30, 2025 | 18.29 Mn |
| Jun 30, 2025 | 17.42 Mn |
| Jun 30, 2025 | 17.42 Mn |
| Mar 31, 2025 | 17.97 Mn |
| Mar 31, 2025 | 17.97 Mn |
| Dec 31, 2024 | 19.76 Mn |
| Dec 31, 2024 | 19.76 Mn |
| Sep 30, 2024 | 23.24 Mn |
| Sep 30, 2024 | 23.24 Mn |
| Jun 30, 2024 | 24.32 Mn |
| Jun 30, 2024 | 24.32 Mn |
| Mar 31, 2024 | 22.71 Mn |
| Mar 31, 2024 | 22.71 Mn |
| Dec 31, 2023 | 23.12 Mn |
| Dec 31, 2023 | 23.12 Mn |
| Sep 30, 2023 | 23.48 Mn |
| Sep 30, 2023 | 23.48 Mn |
| Jun 30, 2023 | 23.16 Mn |
| Jun 30, 2023 | 23.16 Mn |
| Mar 31, 2023 | 26.28 Mn |
| Mar 31, 2023 | 26.28 Mn |
| Dec 31, 2022 | 28.25 Mn |
| Dec 31, 2022 | 28.25 Mn |
| Sep 30, 2022 | 24.97 Mn |
| Sep 30, 2022 | 24.97 Mn |
| Jun 30, 2022 | 14.73 Mn |
| Jun 30, 2022 | 14.73 Mn |
| Mar 31, 2022 | 13.34 Mn |
| Mar 31, 2022 | 13.34 Mn |
| Dec 31, 2021 | 10.98 Mn |
| Dec 31, 2021 | 10.98 Mn |
| Sep 30, 2021 | 7.22 Mn |
| Sep 30, 2021 | 7.22 Mn |
| Jun 30, 2021 | 5.97 Mn |
| Jun 30, 2021 | 5.97 Mn |
| Mar 31, 2021 | 10.51 Mn |
| Mar 31, 2021 | 10.51 Mn |
| Dec 31, 2020 | 8.17 Mn |
| Dec 31, 2020 | 8.17 Mn |