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Udemy (UDMY) Revenue : $749.4 Mil (TTM As of Mar. 2024)


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What is Udemy Revenue?

Udemy's revenue for the three months ended in Mar. 2024 was $196.8 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $749.4 Mil. Udemy's Revenue per Share for the three months ended in Mar. 2024 was $1.26. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $4.90.

During the past 12 months, the average Revenue per Share Growth Rate of Udemy was 7.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 11.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 5 years, Udemy's highest 3-Year average Revenue per Share Growth Rate was 25.40% per year. The lowest was 11.30% per year. And the median was 18.35% per year.


Udemy Revenue Historical Data

The historical data trend for Udemy's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Udemy Revenue Chart

Udemy Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
276.33 429.90 515.66 629.10 728.94

Udemy Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 176.43 178.24 184.72 189.55 196.85

Competitive Comparison of Udemy's Revenue

For the Education & Training Services subindustry, Udemy's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Udemy's Revenue Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Udemy's Revenue distribution charts can be found below:

* The bar in red indicates where Udemy's Revenue falls into.



Udemy Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $749.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Udemy  (NAS:UDMY) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Udemy Revenue Related Terms

Thank you for viewing the detailed overview of Udemy's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Udemy (UDMY) Business Description

Traded in Other Exchanges
Address
600 Harrison Street, 3rd Floor, San Francisco, CA, USA, 94107
Udemy Inc operates a marketplace platform at the center of a vibrant knowledge network. The Company operated under two operating and reportable segments Consumer and Enterprise.
Executives
Venu Venugopal officer: Chief Technology Officer 600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Eren Bali director 600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Kenneth Hirschman officer: SVP, Operations and GC 600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Gregory Scott Brown officer: President, Udemy Business C/O BLACKHAWK NETWORK HOLDINGS, INC., 6220 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Sarah Blanchard officer: Chief Financial Officer 600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Stephanie Stapleton Sudbury officer: President, Udemy Business 600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Richard Qiu officer: President, New Ventures 600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Prasad Raje officer: Chief Product Officer 600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Sohaib Abbasi director 100 EAST DAVIE STREET, RALEIGH NC 27601
Genefa Murphy officer: Chief Marketing Officer 600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Jeffrey Lieberman director, 10 percent owner 680 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Prasad Gune officer: SVP, Product 600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Llibert Argerich officer: SVP, Marketing 600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Gregg Coccari director, officer: President, CEO and Chairperson 719 KINGMAN AVENUE, SANTA MONICA CA 90402
Karen Fascenda officer: Chief People Officer 600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107