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Udemy (UDMY) Tax Rate (2020 - 2025)

Udemy's Tax Rate history spans 6 years, with the latest figure at 138.63% for Q4 2025.

  • For Q4 2025, Tax Rate fell 11842.0% year-over-year to 138.63%; the TTM value through Dec 2025 reached 54.34%, up 5971.0%, while the annual FY2025 figure was 54.34%, 5971.0% up from the prior year.
  • Tax Rate for Q4 2025 was 138.63% at Udemy, down from 40.27% in the prior quarter.
  • Across five years, Tax Rate topped out at 40.27% in Q3 2025 and bottomed at 138.63% in Q4 2025.
  • The 5-year median for Tax Rate is 2.51% (2023), against an average of 12.58%.
  • The largest YoY upside for Tax Rate was 4380bps in 2025 against a maximum downside of -11842bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 1.64% in 2021, then tumbled by -35bps to 2.22% in 2022, then crashed by -68bps to 3.73% in 2023, then tumbled by -441bps to 20.2% in 2024, then crashed by -586bps to 138.63% in 2025.
  • Per Business Quant, the three most recent readings for UDMY's Tax Rate are 138.63% (Q4 2025), 40.27% (Q3 2025), and 15.31% (Q2 2025).