UDMY · As filed with the SEC
Udemy income statement, by fiscal year
The statement as Udemy presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Operations · USD thousands, except per-share amounts
| USD thousands, except per-share amounts | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 |
|---|---|---|---|---|
| Revenue | 789,844 | 786,565 | 728,937 | 629,097 |
| Cost of revenue | 271,438 | 294,625 | 309,598 | 275,320 |
| Gross profit | 518,406 | 491,940 | 419,339 | 353,777 |
| Operating expenses | ||||
| Sales and marketing | 326,451 | 342,946 | 316,738 | 301,347 |
| Research and development | 101,513 | 125,438 | 120,335 | 104,556 |
| General and administrative | 93,020 | 96,199 | 93,898 | 99,064 |
| Restructuring charges | 1,578 | 16,685 | 10,263 | — |
| Total operating expenses | 522,562 | 581,268 | 541,234 | 504,967 |
| Loss from operations | (4,156) | (89,328) | (121,895) | (151,190) |
| Other income (expense), net | ||||
| Interest income (expense), net | — | — | — | 4,297 |
| Interest income | 14,208 | 19,666 | 20,670 | — |
| Interest expense | — | — | (518) | — |
| Interest expense | (734) | 379 | — | — |
| Other expense, net | (981) | (11,655) | (1,898) | (4,696) |
| Total other income, net | 12,493 | 8,390 | 18,254 | (399) |
| Net income (loss) before taxes | 8,337 | (80,938) | (103,641) | (151,589) |
| Income tax provision | 4,530 | (4,350) | (3,653) | (2,286) |
| Net loss attributable to common stockholders | — | — | (107,294) | (153,875) |
| Net loss attributable to common stockholders | — | — | (107,294) | (153,875) |
| Net income (loss) | 3,807 | (85,288) | — | — |
| Net income (loss) per share | ||||
| Basic (in dollars per share) | 0.03 | (0.56) | (0.71) | (1.09) |
| Diluted (in dollars per share) | 0.03 | (0.56) | (0.71) | (1.09) |
| Weighted-average shares used in computing net income (loss) per share | ||||
| Basic (in shares) | 148,205,408 | 151,320,497 | 150,098,776 | 140,873,504 |
| Diluted (in shares) | 150,005,398 | 151,320,497 | 150,098,776 | 140,873,504 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.