Udemy, Inc.
Udemy, Inc. (UDMY) Financial Performance & Income Statement Overview
Explore the financials of Udemy, Inc. (UDMY), including yearly and quarterly data on income, cash flow, and balance sheets.
Udemy, Inc. (UDMY) Income Statement & Financial Overview
Access detailed annual and quarterly income data for Udemy, Inc. UDMY financial performance.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $200.30M | $199.94M | $195.42M | $194.36M |
| Cost of Revenue | $70.86M | $72.74M | $72.36M | $73.47M |
| Gross Profit | $129.44M | $127.20M | $123.06M | $120.89M |
| Gross Profit Ratio | $0.65 | $0.64 | $0.63 | $0.62 |
| R&D Expenses | $24.96M | $28.83M | $32.98M | $32.41M |
| SG&A Expenses | $107.51M | $104.56M | $108.26M | $114.03M |
| Operating Expenses | $133.94M | $138.80M | $141.24M | $146.43M |
| Total Costs & Expenses | $204.79M | $206.13M | $213.60M | $219.91M |
| Interest Income | $3.58M | $4.01M | $4.73M | $5.20M |
| Interest Expense | $15000.00 | $45000.00 | $344000.00 | $77000.00 |
| Depreciation & Amortization | -$1.77M | $5.91M | $6.34M | $6.69M |
| EBITDA | -$4.49M | -$11.59M | -$11.84M | -$25.55M |
| EBITDA Ratio | -$0.02 | -$0.06 | -$0.06 | -$0.13 |
| Operating Income | -$4.49M | -$11.59M | -$29.46M | -$25.55M |
| Operating Income Ratio | -$0.02 | -$0.06 | -$0.15 | -$0.13 |
| Other Income/Expenses (Net) | $1.78M | $72000.00 | $3.33M | -$5.47M |
| Income Before Tax | -$2.71M | -$11.52M | -$26.13M | -$31.01M |
| Income Before Tax Ratio | -$0.01 | -$0.06 | -$0.13 | -$0.16 |
| Income Tax Expense | -$937000.00 | -$1.66M | -$863000.00 | $802000.00 |
| Net Income | -$1.77M | -$9.86M | -$25.27M | -$31.81M |
| Net Income Ratio | -$0.009 | -$0.05 | -$0.13 | -$0.16 |
| EPS | -$0.01 | -$0.07 | -$0.17 | -$0.21 |
| Diluted EPS | -$0.01 | -$0.07 | -$0.17 | -$0.21 |
| Weighted Avg Shares Outstanding | $148.03M | $151.32M | $149.18M | $152.99M |
| Weighted Avg Shares Outstanding (Diluted) | $148.03M | $151.32M | $149.18M | $152.99M |
Over the last four quarters, Udemy, Inc. achieved steady financial progress, growing revenue from $194.36M in Q2 2024 to $200.30M in Q1 2025. Gross profit stayed firm with margins at 65% in Q1 2025 versus 62% in Q2 2024. Operating income totaled -$4.49M in Q1 2025, maintaining a -2% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$4.49M. Net income rose to -$1.77M, with EPS at -$0.01. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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