NASDAQ$UDMY
Udemy Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Udemy's Q4 2021 earnings were reported, with revenue up 25% year over year and Udemy Business revenue up 81%.
Udemy reported a 25% increase in revenue for Q4 2021, totaling $138.0 million. Udemy Business revenue saw significant growth, increasing by 81% year-over-year. The company's consumer business stabilized, and the marketplace added over 5,000 new courses per month.
- Revenue totaled $138.0 million, up 25% year over year.
- Udemy Business revenue totaled $57.8 million, up 81% year over year.
- GAAP net loss was ($38.9 million), compared to ($27.0 million) in the fourth quarter of fiscal 2020.
- Udemy Business segment annual recurring revenue was $239.3 million, up 74% year over year.
Headline financials
Revenue & EPS history
Udemy · Revenue · Quarterly
$138M
Revenue by segment
Udemy · $138M total across 2 segments · Q4 2021
- Consumer$80.2M+3.0%58.1%
- Udemy Business$57.8M+81.2%41.9%
Forward guidance
Udemy provided revenue guidance for Q1 2022 and fiscal year 2022. They anticipate revenue between $144.0 - $148.0 million for Q1 2022 and $610.0 - $640.0 million for fiscal year 2022.
Tailwinds
- Q1 2022 Revenue: $144.0 - $148.0 million
- FY22 Revenue: $610.0 - $640.0 million
- FY22 Consumer Segment Revenue: $310.0 - $330.0 million
- FY22 Udemy Business Segment Revenue: 70%+ year-over-year growth
- FY22 Udemy Business Segment Revenue: $300.0 - $310.0 million
Headwinds
- Q1 2022 Consumer Segment Revenue: (6%) - 0% year-over-year growth
- Q1 2022 Adjusted EBITDA Margin: (11%) - (9%)
- FY22 Adjusted EBITDA Margin: (12%) - (10%)
- Q1 2022 Weighted Average Share Count: 139 million
- FY22 Weighted Average Share Count: 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 Q4 2021
+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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