NASDAQ$UDMY
Udemy Inc · Q1 2026 earnings
Q1 2026 earnings · · After market close · Investor relations
Briefing
Udemy reported Q1 2026 revenue of $191.4M (-4% YoY) and a net loss of $12.6M, or $(0.09) per share.
For the quarter ended March 31, 2026, Udemy posted revenue of $191.4 million versus $200.3 million a year ago, with Enterprise and Consumer segments both facing headwinds. Net loss was $12.6 million, or $(0.09) per diluted share, compared with a $1.8 million loss and $(0.01) per share in Q1 2025. Pending Coursera merger announced.
- Revenue $191.4M (-4% YoY).
- Net loss $12.6M widened from $1.8M.
- Enterprise revenue $133M; Consumer $58M.
- Strategic merger with Coursera pending shareholder approvals.
Headline financials
Revenue & EPS history
Udemy · Revenue · Quarterly
$191M
Revenue by segment
Udemy · $76.6M total across 1 segment · Q2 2023
- Consumer$76.6M-2.4%100.0%
Forward guidance
Merger integration planning and Enterprise retention are focal points; combined entity would reshape competitive positioning.
Tailwinds
- Large installed learner base.
- Enterprise ARR platform at scale.
Headwinds
- Revenue decline YoY.
- Consumer segment pressure continues.
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 2026
+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
| Quarter | Report date | Reaction (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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