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Udemy (UDMY) Tax Rate (2020 - 2025)

Udemy has reported Tax Rate over the past 6 years, most recently at 138.63% for Q4 2025.

  • On a quarterly basis, Tax Rate fell 11842.0% to 138.63% in Q4 2025 year-over-year; TTM through Dec 2025 was 54.34%, a 5971.0% increase, with the full-year FY2025 number at 54.34%, up 5971.0% from a year prior.
  • Tax Rate reached 138.63% in Q4 2025 per UDMY's latest filing, down from 40.27% in the prior quarter.
  • The five-year high for Tax Rate was 40.27% in Q3 2025, with the low 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.
  • Tracing UDMY's Tax Rate over 5 years: stood at 1.64% in 2021, then plummeted by -35bps to 2.22% in 2022, then tumbled by -68bps to 3.73% in 2023, then plummeted by -441bps to 20.2% in 2024, then tumbled by -586bps to 138.63% in 2025.
  • According to Business Quant data, Tax Rate over the past three periods came in at 138.63%, 40.27%, and 15.31% for Q4 2025, Q3 2025, and Q2 2025 respectively.