Udemy (UDMY) Shares Outstanding (Diluted Average) (2020 - 2026)
Udemy's (UDMY) quarterly Shares Outstanding (Diluted Average) came in at $145.2 million in Q1 2026, down 1.89% year-on-year from $148.0 million in Q1 2025, and down 3.18% quarter-over-quarter from $150.0 million in Q4 2025.
Udemy (UDMY) Shares Outstanding (Diluted Average) (2020 - 2026) Analysis & Trends
Udemy has disclosed Shares Outstanding (Diluted Average) across 7 years of filings, most recently posting $145.2 million for Q1 2026.
- Shares Outstanding (Diluted Average) for Q1 2026 came in at $145.2 million, down 1.89% year-over-year; the trailing twelve-month figure through Mar 2026 was $145.2 million (down 1.89% YoY), and the FY2025 annual result was $150.0 million, down 0.87% from the prior year.
- Shares Outstanding (Diluted Average) came in at $145.2 million for Q1 2026 at Udemy, down from $150.0 million in the prior quarter.
- In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $156.6 million in Q1 2024 to a low of $139.4 million in Q1 2022.
- The 5-year median for Shares Outstanding (Diluted Average) is $150.0 million (2025), against an average of $148.0 million.
- Across the five-year window, Shares Outstanding (Diluted Average) surged 285.33% in 2022 and dropped 5.46% in 2025, its largest moves.
- Udemy's Shares Outstanding (Diluted Average) stood at $140.9 million in 2022, then climbed by 6.55% to $150.1 million in 2023, then climbed by 0.81% to $151.3 million in 2024, then fell by 0.87% to $150.0 million in 2025, then dropped by 3.18% to $145.2 million in 2026.
- The last three Shares Outstanding (Diluted Average) figures came in at $145.2 million (Q1 2026), $150.0 million (Q4 2025), and $152.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | 355.00 Mn |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | - |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 4.38 Mn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | - |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | - |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | - |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 183.67 Mn |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 55.74 Mn |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | - |
| 10 | Udemy | 672.44 Mn | 419.78 Mn | 129.27 Mn | 145.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 145.24 Mn |
| Dec 31, 2025 | 150.01 Mn |
| Sep 30, 2025 | 152.00 Mn |
| Jun 30, 2025 | 150.72 Mn |
| Mar 31, 2025 | 148.03 Mn |
| Dec 31, 2024 | 151.32 Mn |
| Sep 30, 2024 | 152.87 Mn |
| Jun 30, 2024 | 154.78 Mn |
| Mar 31, 2024 | 156.57 Mn |
| Dec 31, 2023 | 150.10 Mn |
| Sep 30, 2023 | 151.31 Mn |
| Jun 30, 2023 | 146.91 Mn |
| Mar 31, 2023 | 145.74 Mn |
| Dec 31, 2022 | 140.87 Mn |
| Sep 30, 2022 | 140.95 Mn |
| Jun 30, 2022 | 139.69 Mn |
| Mar 31, 2022 | 139.41 Mn |
| Dec 31, 2021 | 54.97 Mn |
| Sep 30, 2021 | 37.74 Mn |
| Jun 30, 2021 | 37.27 Mn |