UDMY
Income statement / Annual
Last year (2023), Udemy, Inc.'s total revenue was $728.94 M,
an increase of 15.87% from the previous year.
In 2023, Udemy, Inc.'s net income was -$107.29 M.
See Udemy, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$728.94 M
|
$629.10 M
|
$518.16 M
|
$429.90 M
|
$276.33 M
|
| Cost of Revenue |
$309.60 M |
$275.32 M |
$236.02 M |
$209.25 M |
$143.51 M |
| Gross Profit |
$419.34 M |
$353.78 M |
$282.13 M |
$220.65 M |
$132.82 M |
| Gross Profit Ratio |
0.58 |
0.56 |
0.54 |
0.51 |
0.48 |
| Research and Development
Expenses |
$120.34 M
|
$104.56 M
|
$66.11 M
|
$50.64 M
|
$34.38 M
|
| General & Administrative
Expenses |
$93.90 M
|
$99.06 M
|
$64.41 M
|
$50.78 M
|
$40.03 M
|
| Selling & Marketing
Expenses |
$316.74 M
|
$301.35 M
|
$227.02 M
|
$192.60 M
|
$126.44 M
|
| Selling, General &
Administrative Expenses |
$410.64 M
|
$400.41 M
|
$291.43 M
|
$243.38 M
|
$166.47 M
|
| Other Expenses |
$10.26 M |
-$4.70 M |
-$920,000.00 |
$55,000.00 |
-$384,000.00 |
| Operating Expenses |
$530.97 M |
$504.97 M |
$357.54 M |
$294.03 M |
$200.85 M |
| Cost And Expenses |
$840.57 M |
$780.29 M |
$593.56 M |
$503.28 M |
$344.36 M |
| Interest Income |
$20.67 M |
$5.50 M |
$16,000.00 |
$1.15 M |
$87,000.00 |
| Interest Expense |
$518,000.00 |
$4.30 M |
$32,000.00 |
$1.15 M |
$0.00 |
| Depreciation &
Amortization |
$24.59 M
|
$27.42 M
|
$15.30 M
|
$11.06 M
|
$8.74 M
|
| EBITDA |
-$78.54 M
|
-$129.97 M
|
-$63.53 M
|
-$62.27 M
|
-$59.59 M
|
| EBITDA Ratio |
-0.11 |
-0.21 |
-0.12 |
-0.14 |
-0.21 |
| Operating Income Ratio
|
-0.17
|
-0.24
|
-0.15
|
-0.17
|
-0.25
|
| Total Other
Income/Expenses Net |
$18.25 M
|
-$399,000.00
|
-$936,000.00
|
-$1.09 M
|
-$297,000.00
|
| Income Before Tax |
-$103.64 M |
-$151.59 M |
-$76.34 M |
-$74.47 M |
-$68.33 M |
| Income Before Tax Ratio
|
-0.14
|
-0.24
|
-0.15
|
-0.17
|
-0.25
|
| Income Tax Expense |
$3.65 M |
$2.29 M |
$1.18 M |
$3.15 M |
$1.38 M |
| Net Income |
-$107.29 M |
-$153.88 M |
-$77.53 M |
-$77.62 M |
-$69.70 M |
| Net Income Ratio |
-0.15 |
-0.24 |
-0.15 |
-0.18 |
-0.25 |
| EPS |
-0.71 |
-1.09 |
-0.56 |
-0.56 |
-0.5 |
| EPS Diluted |
-0.71 |
-1.09 |
-0.56 |
-0.56 |
-0.5 |
| Weighted Average Shares
Out |
$150.10 M
|
$140.87 M
|
$139.16 M
|
$139.60 M
|
$139.60 M
|
| Weighted Average Shares
Out Diluted |
$150.10 M
|
$140.87 M
|
$139.16 M
|
$139.60 M
|
$139.60 M
|
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