NASDAQ$UDMY

Udemy Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Udemy reported Q1 2025 revenue of $200.3M.

For Q1 2025, Udemy reported Revenue was $200.3M. Management discusses operating trends, liquidity, and outlook in the quarterly filing.

  • Revenue $200.3M for Q1 2025.
  • MD&A highlights operating priorities, liquidity, and sector-specific risks.
  • MD&A highlights operating priorities, liquidity, and sector-specific risks.

Headline financials

Total Revenue

$200M

Previous: $197M+1.8%
EPS (adj)

$0.12

Previous: -$0.12+200.0%
Udemy Business Customers

17.2K

Previous: 16.1K+7.1%
Consumer Monthly Average Buyers

1.4M

Previous: 1.4M-2.1%
UB Annual Recurring Revenue

$519M

No prior period
Capital Expenditures

-$2.38M

Previous: -$197K-1108.6%
Net Income

-$1.77M

Previous: -$18.3M+90.3%
Operating Income

-$4.49M

Previous: -$22.7M+80.2%
Gross Profit

$129M

Previous: $121M+7.4%

Revenue & EPS history

Udemy · Revenue · Quarterly

$200M

Q1 2025+1.8%vs Q1 2024
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Udemy · $76.6M total across 1 segment · Q2 2023

  • Consumer
    $76.6M-2.4%

Forward guidance

Technology outlook emphasizes subscription mix, billings, and platform adoption.

Tailwinds

  • Recurring revenue and enterprise demand.
  • Geographic and vertical diversification.

Headwinds

  • Deal timing and macro IT budgets.
  • Competitive pricing in security and distribution.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+2.0%

Avg return

Earnings day

+1.9%

Avg return

5 days after

-0.6%

Avg return

30 days after

50%

12 / 24 earnings

Positive

+40.7%

Q3 2023

Best reaction

-22.1%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.9%
Q4 2025+0.0%-2.3%+3.8%
Q3 2025-11.6%-16.5%-20.4%
Q2 2025+9.2%+4.6%-1.9%
Q1 2025-6.6%-5.7%+6.6%
Q4 2024+28.0%+29.2%+4.9%
Q3 2024-1.1%-2.7%-2.5%
Q2 2024-17.7%-22.2%-7.3%
Q1 2024+0.7%+0.2%-12.1%
Q4 2023-22.1%-20.9%-21.4%
Q3 2023+40.7%+40.9%+67.2%
Q2 2023-4.5%-4.1%-9.6%
Q1 2023+2.9%+1.5%+21.4%
Q4 2022-0.7%-11.8%-23.9%
Q3 2022-3.9%+0.8%-2.7%
Q2 2021+23.0%+23.2%+21.7%
Q2 2022+23.0%+23.2%+21.7%
Q1 2021+5.1%+18.8%+39.5%
Q1 2022+5.1%+18.8%+39.5%
Q4 2019+1.0%+3.2%-15.0%
Q4 2021-13.0%-14.2%-30.8%
Q3 2020+0.2%-7.0%-30.2%
Q4 2020+0.2%-7.0%-30.2%
Q3 2021-6.5%-5.8%-32.5%
Q2 2020
Q1 2020

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