Udemy, Inc. Income Statement
UDMY / Consumer Discretionary|7 years of annual SEC 10-K data (FY2019-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 7 fiscal years. All figures from audited SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.34 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cost of Revenue | $271.4M | $294.6M | $309.6M | $275.3M | $236.0M | $209.3M | $143.5M |
| Gross Profit | $518.4M | $491.9M | $419.3M | $353.8M | $279.6M | $220.6M | $132.8M |
| SG&A Expense | $93.0M | $96.2M | $93.9M | $99.1M | $64.4M | $50.8M | $40.0M |
| R&D Expense | $101.5M | $125.4M | $120.3M | $104.6M | $66.1M | $50.6M | $34.4M |
| Operating Income | -$4.2M | -$89.3M | -$121.9M | -$151.2M | -$77.9M | -$73.4M | -$68.0M |
| Interest Expense | - | - | $518.0K | $1.3M | $220.0K | - | - |
| Income Tax | $4.5M | $4.3M | $3.7M | $2.3M | $1.2M | $3.1M | $1.4M |
| Net Income | $3.8M | -$85.3M | -$107.3M | -$153.9M | -$80.0M | -$77.6M | -$69.7M |
| EPS (Basic) | $0.03 | -$0.56 | -$0.71 | -$1.09 | -$1.46 | -$2.33 | -$2.57 |
| EPS (Diluted) | $0.03 | -$0.56 | -$0.71 | -$1.09 | -$1.46 | -$2.33 | -$2.57 |
| Shares Outstanding | 150.0M | 151.3M | 150.1M | 140.9M | 55.0M | 33.4M | 27.1M |