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Udemy Inc. (UDMY)

NASDAQ: UDMY · Real-Time Price · USD

7.51

0.19 (2.60%)

At close: Jun 02, 2025, 3:59 PM

7.80

3.79%

After-hours: Jun 02, 2025, 05:53 PM EDT

Udemy Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	786.57M	728.94M	629.1M	518.16M	429.9M	276.33M
Cost of Revenue	294.63M	309.6M	275.32M	236.02M	209.25M	143.51M
Gross Profit	491.94M	419.34M	353.78M	282.13M	220.65M	132.82M
Operating Income	-89.33M	-121.89M	-151.19M	-75.41M	-73.38M	-68.03M
Interest Income	19.67M	20.67M	5.5M	16K	1.15M	87K
Pretax Income	-89.64M	-103.64M	-151.59M	-76.34M	-74.47M	-68.33M
Net Income	-85.29M	-107.29M	-153.88M	-77.53M	-77.62M	-69.7M
Selling & General & Admin	439.14M	410.64M	400.41M	291.43M	243.38M	166.47M
Research & Development	125.44M	120.33M	104.56M	66.11M	50.64M	34.38M
Other Expenses	16.68M	10.26M	-4.7M	-920K	55K	-384K
Operating Expenses	564.58M	541.23M	504.97M	357.54M	294.03M	200.85M
Interest Expense	379K	518K	4.3M	32K	1.15M	n/a
Selling & Marketing Expenses	342.95M	316.74M	301.35M	227.02M	192.6M	126.44M
Cost & Expenses	859.21M	850.83M	780.29M	593.56M	503.28M	344.36M
Income Tax Expense	-4.35M	3.65M	2.29M	1.18M	3.15M	1.38M
Shares Outstanding (Basic)	151.32M	150.1M	140.87M	139.16M	139.6M	139.6M
Shares Outstanding (Diluted)	151.32M	150.1M	140.87M	139.16M	139.6M	139.6M
EPS (Basic)	-0.56	-0.71	-1.09	-0.56	-0.56	-0.5
EPS (Diluted)	-0.56	-0.71	-1.09	-0.56	-0.56	-0.5
EBITDA	-89.33M	-78.53M	-129.97M	-63.53M	-62.27M	-59.59M
EBIT	-89.26M	-103.12M	-150.34M	-78.62M	-73.38M	-68.03M
Depreciation & Amortization	-69K	24.59M	27.42M	15.3M	11.05M	8.74M