UDMY
Income statement / Annual
Last year (2024), Udemy, Inc.'s total revenue was $786.57 M,
an increase of 7.91% from the previous year.
In 2024, Udemy, Inc.'s net income was -$85.29 M.
See Udemy, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$786.57 M |
$728.94 M |
$629.10 M |
$515.66 M |
$429.90 M |
$276.33 M |
| Cost of Revenue |
$294.63 M
|
$309.60 M
|
$275.32 M
|
$236.02 M
|
$209.25 M
|
$143.51 M
|
| Gross Profit |
$491.94 M
|
$419.34 M
|
$353.78 M
|
$279.63 M
|
$220.65 M
|
$132.82 M
|
| Gross Profit Ratio |
0.63
|
0.58
|
0.56
|
0.54
|
0.51
|
0.48
|
| Research and Development Expenses |
$125.44 M
|
$120.34 M
|
$104.56 M
|
$66.11 M
|
$50.64 M
|
$34.38 M
|
| General & Administrative Expenses |
$96.20 M
|
$93.90 M
|
$99.06 M
|
$64.41 M
|
$50.78 M
|
$40.03 M
|
| Selling & Marketing Expenses |
$342.95 M
|
$316.74 M
|
$301.35 M
|
$227.02 M
|
$192.60 M
|
$126.44 M
|
| Selling, General & Administrative Expenses |
$439.15 M
|
$410.64 M
|
$400.41 M
|
$291.43 M
|
$243.38 M
|
$166.47 M
|
| Other Expenses |
$16.69 M
|
$10.26 M
|
$0.00
|
$0.00
|
$55.00 K
|
-$384.00 K
|
| Operating Expenses |
$581.27 M
|
$541.23 M
|
$504.97 M
|
$357.54 M
|
$294.03 M
|
$200.85 M
|
| Cost And Expenses |
$875.89 M
|
$850.83 M
|
$780.29 M
|
$593.56 M
|
$503.28 M
|
$344.36 M
|
| Interest Income |
$19.67 M
|
$20.67 M
|
$5.55 M
|
$16.00 K
|
$0.00
|
$87.00 K
|
| Interest Expense |
$379.00 K
|
$518.00 K
|
$1.25 M
|
$32.00 K
|
$1.15 M
|
$0.00
|
| Depreciation & Amortization |
-$69.00 K
|
$24.59 M
|
$21.22 M
|
$15.30 M
|
$11.06 M
|
$8.74 M
|
| EBITDA |
-$89.33 M |
-$78.54 M |
-$129.12 M |
-$63.33 M |
-$62.27 M |
-$59.29 M |
| EBITDA Ratio |
-0.11
|
-0.11
|
-0.21
|
-0.12
|
-0.14
|
-0.21
|
| Operating Income Ratio |
-0.11
|
-0.17
|
-0.24
|
-0.15
|
-0.17
|
-0.25
|
| Total Other Income/Expenses Net |
$8.39 M
|
$18.25 M
|
-$399.00 K
|
-$936.00 K
|
-$1.09 M
|
-$297.00 K
|
| Income Before Tax |
-$80.94 M
|
-$103.64 M
|
-$151.59 M
|
-$78.84 M
|
-$74.47 M
|
-$68.33 M
|
| Income Before Tax Ratio |
-0.1
|
-0.14
|
-0.24
|
-0.15
|
-0.17
|
-0.25
|
| Income Tax Expense |
$4.35 M
|
$3.65 M
|
$2.29 M
|
$1.18 M
|
$3.15 M
|
$1.38 M
|
| Net Income |
-$85.29 M
|
-$107.29 M
|
-$153.88 M
|
-$80.03 M
|
-$77.62 M
|
-$69.70 M
|
| Net Income Ratio |
-0.11
|
-0.15
|
-0.24
|
-0.16
|
-0.18
|
-0.25
|
| EPS |
-0.56 |
-0.71 |
-1.09 |
-0.56 |
-0.56 |
-2.17 |
| EPS Diluted |
-0.56 |
-0.71 |
-1.09 |
-0.56 |
-0.56 |
-2.17 |
| Weighted Average Shares Out |
$151.32 M
|
$150.10 M
|
$140.87 M
|
$139.16 M
|
$139.60 M
|
$32.10 M
|
| Weighted Average Shares Out Diluted |
$151.32 M
|
$150.10 M
|
$140.87 M
|
$139.16 M
|
$139.60 M
|
$32.10 M
|
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