Udemy Past Earnings Performance

Past criteria checks 0/6

Udemy's earnings have been declining at an average annual rate of -25.6%, while the Consumer Services industry saw earnings growing at 25.9% annually. Revenues have been growing at an average rate of 17.7% per year.

Key information

-25.6%

Earnings growth rate

31.0%

EPS growth rate

Consumer Services Industry Growth	20.3%
Revenue growth rate	17.7%
Return on equity	-30.1%
Net Margin	-14.7%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Here's Why We're Not At All Concerned With Udemy's (NASDAQ:UDMY) Cash Burn Situation

Jan 23

Udemy partners with Vietnam's edtech platform Funix for online learning offerings

Aug 24

Udemy Winning Out Over Coursera Lately

Aug 16

Are Investors Undervaluing Udemy, Inc. (NASDAQ:UDMY) By 34%?

Aug 07

Udemy Stock: Not Yet Attractive, Here's Why

May 12

Calculating The Fair Value Of Udemy, Inc. (NASDAQ:UDMY)

Apr 07

Udemy: High-Risk, High-Reward

Mar 08

Udemy, Inc. (NASDAQ:UDMY) Just Reported, And Analysts Assigned A US$27.80 Price Target

Feb 12

Revenue & Expenses Breakdown
Beta

How Udemy makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:UDMY Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
31 Dec 23	729	-107	411	120
30 Sep 23	705	-139	420	121
30 Jun 23	678	-169	426	119
31 Mar 23	653	-173	418	113
31 Dec 22	629	-154	400	105
30 Sep 22	599	-143	378	94
30 Jun 22	570	-106	338	82
31 Mar 22	543	-88	312	73
31 Dec 21	516	-80	291	66
30 Sep 21	490	-66	264	61
30 Jun 21	479	-55	255	57
31 Mar 21	454	-69	250	54
31 Dec 20	430	-78	243	51
31 Dec 19	276	-70	166	34

Quality Earnings: UDMY is currently unprofitable.

Growing Profit Margin: UDMY is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: UDMY is unprofitable, and losses have increased over the past 5 years at a rate of 25.6% per year.

Accelerating Growth: Unable to compare UDMY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: UDMY is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Services industry (16.5%).

Return on Equity

High ROE: UDMY has a negative Return on Equity (-30.06%), as it is currently unprofitable.

Udemy Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Udemy, Inc. to Report Q1, 2024 Results on May 02, 2024

Udemy, Inc. to Report Q4, 2023 Results on Feb 14, 2024

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Udemy, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Udemy, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Recent updates

Udemy, Inc. to Report Q1, 2024 Results on May 02, 2024

Udemy, Inc., Annual General Meeting, Jun 03, 2024

Independent Director notifies of intention to sell stock

Udemy Unveils GenAI Skills Pack, Empowering Leaders and Teams with Unparalleled Competitive Advantage

Consensus EPS estimates fall by 11%

Consensus EPS estimates fall by 11%

No longer forecast to breakeven

Udemy, Inc. (NasdaqGS:UDMY) announces an Equity Buyback for $100 million worth of its shares.

Udemy, Inc. Announces Generative AI Roadmap For Accelerated, Personalized Skills Development

Udemy, Inc. to Report Q4, 2023 Results on Feb 14, 2024

Here's Why We're Not At All Concerned With Udemy's (NASDAQ:UDMY) Cash Burn Situation

Price target increased by 7.9% to US$15.88

Forecast to breakeven in 2026

Chief Technology Officer notifies of intention to sell stock

Independent Director notifies of intention to sell stock

Some Shareholders Feeling Restless Over Udemy, Inc.'s (NASDAQ:UDMY) P/S Ratio

Chief Financial Officer recently sold US$499k worth of stock

Consensus estimates of losses per share improve by 10%

Price target increased by 8.1% to US$14.53

Chief Technology Officer notifies of intention to sell stock

New minor risk - Share price stability

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Udemy, Inc. Provides Earnings Guidance for Fourth Quarter and Full Year Ending December 31, 2023

We Think Udemy (NASDAQ:UDMY) Can Easily Afford To Drive Business Growth

Udemy Celebrates Global Reach and Impact of Instructors with Documentary-Style Video

Udemy, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Independent Director notifies of intention to sell stock

Chief Financial Officer recently sold US$398k worth of stock

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Udemy Provides Earnings Guidance for the Third Quarter Ending September 30, 2023 and Full Year Ending December 31, 2023

Udemy Introduces New Badging Offering and Integrated Skills Framework to Help Organizations Verify Technical Skills and Future-Proof Their Workforce

Udemy Announces Appoints Prasad Raje as Chief Product Officer, Effective August 14, 2023

Udemy, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Udemy Appoints Sohaib Abbasi as Independent Chair of Its Board of Directors

Udemy Appoints Genefa Murphy as Chief Marketing Officer, Effective July 10, 2023

Independent Director notifies of intention to sell stock

Chief Financial Officer recently sold US$354k worth of stock

Chief Technology Officer notifies of intention to sell stock

Consensus EPS estimates fall by 20%

No longer forecast to breakeven

Llibert Argerich, Senior Vice President, Marketing, Notifies the Udemy, Inc. of His Resignation

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Udemy, Inc. Provides Revenue Guidance for the Three Months Ending June 30, 2023 and Year Ending December 31, 2023

Udemy (NASDAQ:UDMY) Is In A Strong Position To Grow Its Business

Senior Vice President of Marketing exercised options to buy US$602k worth of stock.

Senior VP Operations recently sold US$54k worth of stock

Independent Director notifies of intention to sell stock

Consensus EPS estimates upgraded to US$0.77 loss, revenue downgraded

Udemy, Inc. Provides Earnings Guidance for the First Quarter Ending March 31, 2023 and for the Full Year Ending December 31, 2023

Price target decreased by 9.0% to US$17.24

Udemy, Inc. to Report Q4, 2022 Results on Feb 14, 2023

Udemy, Inc. Provides Earnings Guidance for the Fourth Quarter 2022

Udemy, Inc. Appoints Karen Fascenda as Its Chief People Officer

Forecast to breakeven in 2025

President of Udemy Business recently sold US$3.4m worth of stock

President of Udemy Business notifies of intention to sell stock

Chief Financial Officer recently sold US$2.5m worth of stock

Consensus forecasts updated

Senior Vice President of Product exercised options to buy US$310k worth of stock.

Udemy, Inc. Provides Revenue Guidance for the Fourth Quarter and Full Year of 2022

Now 21% undervalued

Udemy, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Udemy and The RBL Group partner to develop opportunities

Udemy, Inc. Announces Resignation of Lawrence Illg from the Board of Directors

Udemy partners with Vietnam's edtech platform Funix for online learning offerings

President of Udemy Business recently sold US$59k worth of stock

Udemy Winning Out Over Coursera Lately

Kenneth Fox Resigns from Board of Directors of Udemy, Inc

Are Investors Undervaluing Udemy, Inc. (NASDAQ:UDMY) By 34%?

Revenue & Expenses Breakdown
Beta