NASDAQ$UDMY
Udemy Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Udemy's Q2 2022 results were reported, featuring a 77% year-over-year increase in Udemy Business revenue and a 74% increase in ARR to $316.1 million.
Udemy reported a 21% year-over-year increase in revenue, reaching $153.1 million, driven by strong growth in its Udemy Business segment, which saw a 77% increase in revenue. The company's GAAP net loss was $(29.4) million, and non-GAAP net loss was $(13.6) million.
- Revenue totaled $153.1 million, up 21% year-over-year.
- Udemy Business revenue totaled $74.6 million, up 77% year-over-year.
- Udemy Business annual recurring revenue was $316.1 million, up 74% year-over-year.
- Consumer revenue totaled $78.5 million, down 7% year-over-year.
Headline financials
Revenue & EPS history
Udemy · Revenue · Quarterly
$153M
Revenue by segment
Udemy · $153M total across 2 segments · Q2 2022
- Consumer$78.5M-6.5%51.3%
- Udemy Business$74.6M+77.0%48.7%
Forward guidance
Udemy provided financial outlook for the third quarter ending September 30, 2022 and fiscal year ending December 31, 2022.
Tailwinds
- Q3 2022 Revenue is expected to be between $153.0 - $157.0 million.
- FY2022 Revenue is expected to be between $615.0 - $640.0 million.
- Q3 2022 Adjusted EBITDA Margin is expected to be between (14)% - (12)%.
- FY2022 Adjusted EBITDA Margin is expected to be between (12)% - (10)%.
- Q3 2022 Weighted Average Share Count is expected to be 141 million.
- FY2022 Weighted Average Share Count is expected to be 142 million.
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 Q2 2022
+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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro