profit from every $100 of sales.

Udemy
We have no price for Udemy since 11 May 2026. It may have been taken over, merged or renamed, so the figures below are from then.
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay $177.90 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Udemy sold, what it kept, and what it did with the cash.
Sales went from $629 million in 2022 to $790 million in 2025, with $3.81 million of profit last year.
Udemy handed back 73% of the cash it generated last year.
Udemy vs. similar companies
Udemy grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Udemy | 177.9× · Very expensive | ||
New Oriental Education & Technology Group | 22.2× · Fair price | ||
TAL Education Group | 67.4× · Very expensive | ||
Graham | 17.7× · Fair price | ||
Laureate Education | 16.9× · Fair price |
AI analysis
An AI analyst reads Udemy's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 629 | 729 | 787 | 790 | |
| 354 | 419 | 492 | 518 | |
| -151 | -112 | -73 | -3 | |
| -129 | -79 | -47 | 34 | |
| -154 | -107 | -85 | 4 | |
| -1.09 | -0.71 | -0.56 | 0.03 | |
| 56.2% | 57.5% | 62.5% | 65.6% | |
| -24.0% | -15.3% | -9.2% | -0.3% | |
| -24.5% | -14.7% | -10.8% | 0.5% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 738 | 741 | 606 | 618 |
| Cash | 314 | 306 | 191 | 231 |
| Total debt | 14 | 7 | 11 | 10 |
| Total liabilities | 398 | 384 | 408 | 407 |
| 339 | 357 | 197 | 210 | |
| 141 | 150 | 151 | 150 | |
| -33.7% | -22.4% | -27.6% | 3.2% | |
| -45.3% | -30.1% | -43.2% | 1.8% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -61 | -2 | 53 | 88 | |
| 16 | 13 | 15 | 18 | |
| -77 | -15 | 38 | 70 | |
| Dividends paid | – | – | – | – |
| 0 | 0 | 150 | 51 | |
| 81 | 96 | 90 | 69 |
Valuation
- 177.9×
- –
- –
- –
- 0.9×
- 9.7×
- 13.2×
- 10.3%
- 0.6%
- –
Profitability
- 65.6%
- -0.3%
- 0.5%
- –
- –
- –
- –
- –
- –
- –
Growth
- +7.9%
- –
- –
- –
- –
Financial health
- –
- –
- –
- –
- –
- –
- –
How it ranks in Consumer Staples
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $5.00
- Range
- $5.00 – $5.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 11, 2026 | -0.09 | 0.10 | −190.0% |
| Feb 5, 2026 | 0.12 | 0.09 | +33.3% |
| Oct 29, 2025 | 0.13 | 0.10 | +30.0% |
| Jul 30, 2025 | 0.16 | 0.12 | +33.3% |
| Apr 30, 2025 | 0.12 | 0.10 | +20.0% |
| Feb 13, 2025 | 0.10 | 0.07 | +42.9% |
| Oct 29, 2024 | 0.07 | 0.01 | +483.3% |
| Jul 31, 2024 | -0.04 | -0.01 | −269.7% |
News
Coursera (COUR): A Low Earnings Multiple Meets the Udemy Integration TestYahoo Finance · Nov 6, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Udemy
Is Udemy a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Udemy AI analysis
What does Udemy do?
Udemy, Inc. operates a broad digital ecosystem facilitating skill acquisition and knowledge sharing on a global scale. It is in Education & Training Services.
Does Udemy pay a dividend?
No. Udemy does not pay a dividend at the moment; in 2025 it returned $51.0 million to shareholders by buying back its own shares.
Who are Udemy's competitors?
The largest listed companies in the same industry are New Oriental Education & Technology Group, TAL Education Group, Graham and Laureate Education. The peers table on this page compares their profit, growth and price with Udemy's.
Prices: daily closes to May 11, 2026. Fundamentals: company reports via invest-like data.



