Growth Metrics

Udemy (UDMY) Share-based Compensation (2020 - 2025)

Udemy has reported Share-based Compensation over the past 6 years, most recently at $15.1 million for Q4 2025.

  • On a quarterly basis, Share-based Compensation fell 23.71% to $15.1 million in Q4 2025 year-over-year; TTM through Dec 2025 was $68.8 million, a 23.63% decrease, with the full-year FY2025 number at $68.8 million, down 23.63% from a year prior.
  • Share-based Compensation reached $15.1 million in Q4 2025 per UDMY's latest filing, down from $18.3 million in the prior quarter.
  • The five-year high for Share-based Compensation was $28.2 million in Q4 2022, with the low at $6.0 million in Q2 2021.
  • The 5-year median for Share-based Compensation is $19.0 million (2024), against an average of $18.5 million.
  • Peak YoY movement for Share-based Compensation: surged 245.83% in 2022, then dropped 28.36% in 2025.
  • Tracing UDMY's Share-based Compensation over 5 years: stood at $11.0 million in 2021, then skyrocketed by 157.38% to $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.
  • According to Business Quant data, Share-based Compensation over the past three periods came in at $15.1 million, $18.3 million, and $17.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.