Revenue Performance - Total revenue increased 2% year-over-year to $200.3 million, with a negative impact of 2 percentage points from foreign exchange rates[5] - Enterprise segment revenue of $127.7 million increased 9% year-over-year, including a negative impact of 1 percentage point from foreign exchange rates[5] - Consumer segment revenue decreased 8% year-over-year to $72.6 million, with a negative impact of 3 percentage points from foreign exchange rates[5] - Udemy Business Annual Recurring Revenue (ARR) increased 8% year-over-year to $519.0 million[5] - Revenue for Q1 2025 was $200.3 million, a 2.3% increase from $196.8 million in Q1 2024[26] Profitability and Loss - Net loss was $1.8 million, a significant improvement of 90% year-over-year, while Adjusted EBITDA was $21.1 million, representing an 800 basis point expansion in margin to 11%[5] - Net loss for Q1 2025 decreased to $1.8 million from $18.3 million in Q1 2024, with net loss per share improving from $(0.12) to $(0.01)[34] - Adjusted EBITDA for Q1 2025 was $21.1 million, compared to $6.5 million in Q1 2024, reflecting an adjusted EBITDA margin of 11%[35] Operating Expenses - Total operating expenses for Q1 2025 were $133.9 million, down from $143.3 million in Q1 2024, primarily due to reduced sales and marketing expenses[26] - Stock-based compensation expense for Q1 2025 was $18.0 million, down from $22.7 million in Q1 2024[34] Customer Growth and Engagement - Added 2 million new learners and nearly 120 net new Enterprise customers, ending the quarter with a total of 79 million learners and 17,216 Enterprise customers[5] - The company continues to focus on expanding its Udemy Business offerings, targeting enterprise clients with on-demand learning solutions[24] Financial Guidance - Guidance for Q2 2025 revenue is projected between $195 million and $199 million, with full year 2025 revenue guidance between $772 million and $794 million[7] - The company expects a negative impact of 1.5 percentage points on Q2 year-over-year revenue growth due to foreign exchange rates[8] Market Recognition - Recognized as a Strategic Leader in the 2025 Fosway 9-Grid™ for Digital Learning, highlighting its market position[5] Cash and Receivables - Cash, cash equivalents, and restricted cash at the end of Q1 2025 totaled $190.7 million, slightly down from $191.8 million at the beginning of the period[30] - Accounts receivable increased to $111.2 million in Q1 2025 from $88.2 million in Q4 2024, indicating improved sales performance[28] - Deferred revenue increased to $326.3 million in Q1 2025, up from $291.1 million in Q4 2024, suggesting strong demand for Udemy's services[28] Gross Profit - Gross profit for Q1 2025 was $129.4 million, compared to $120.6 million in Q1 2024, resulting in a gross margin of 65%[32]

Technical Analysis - Udemy, Inc. (UDMY) has reached a significant support level, indicating a potential investment opportunity from a technical perspective [1] - A "golden cross" has occurred, where UDMY's 50-day simple moving average has broken above its 200-day moving average, suggesting a bullish breakout may be on the horizon [1] - The golden cross is characterized by a downtrend followed by a crossover of the shorter moving average over the longer moving average, leading to a positive trend reversal [2] Performance Metrics - UDMY has experienced a rally of 29.7% over the past four weeks, indicating strong upward momentum [3] - The company currently holds a 2 (Buy) rating on the Zacks Rank, further supporting the bullish outlook [3] Earnings Outlook - There have been no earnings estimate cuts for the current quarter, with four revisions higher in the past 60 days, indicating a positive earnings outlook [3] - The Zacks Consensus Estimate for UDMY has also increased, reinforcing the potential for continued gains [4]

Company Overview - Udemy, Inc. is an edtech company valued at $1.5 billion, operating an online marketplace that connects consumers with experts across various subjects for skill acquisition, development, and validation [1] Industry Insights - The company is part of the growing online education sector, which is increasingly popular as individuals seek to enhance their skills and knowledge through accessible platforms [1]

Core Viewpoint - Udemy, Inc. (UDMY) shows a significantly improving earnings outlook, making it a strong investment choice as analysts continue to raise earnings estimates for the company [1][2]. Current-Quarter Estimate Revisions - The earnings estimate for the current quarter is $0.10 per share, reflecting a year-over-year increase of +233.33% [4]. - Over the past 30 days, the Zacks Consensus Estimate for Udemy has risen by 50%, with one estimate moving higher and no negative revisions [4]. Current-Year Estimate Revisions - For the full year, Udemy is expected to earn $0.42 per share, indicating a year-over-year change of +162.5% [5]. - The consensus estimate for the current year has increased by 61.26%, with five estimates moving higher and no negative revisions [5]. Favorable Zacks Rank - Udemy currently holds a Zacks Rank 2 (Buy), indicating promising estimate revisions that could lead to significant stock performance [6]. - Research indicates that stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) tend to outperform the S&P 500 [6]. Bottom Line - Investors are increasingly optimistic about Udemy due to solid estimate revisions, as evidenced by a 30.8% stock gain over the past four weeks [7].

(Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-40956 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K Udemy, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 27-177986 ...

Shares of online learning marketplace Udemy (UDMY 33.25%) skyrocketed on Friday after the company released strong financial results for the fourth quarter of 2024. As of 12:15 p.m. ET, Udemy stock was up a whopping 33%.Udemy's profits suddenly surgeAt first glance, investors seem to be overreacting with Udemy stock today. While it did beat expectations on the top and bottom lines, the numbers in isolation weren't necessarily inspiring. For revenue, Udemy generated $200 million, which was only up 5% year ove ...

Udemy, Inc. (NASDAQ:UDMY) Q4 2024 Earnings Conference Call February 13, 2025 5:00 PM ET Company Participants Dennis Walsh – Vice President-Investor Relations Greg Brown – Chief Executive Officer Sarah Blanchard – Chief Financial Officer Eren Bali – Founder and Chief Technology Officer Conference Call Participants Jason Tilchen – Canaccord Genuity Ryan MacDonald – Needham Josh Baer – Morgan Stanley Stephen Sheldon – William Blair Curtis Nagle – Bank of America Connor Passarella – Truist Yi Fu Lee – Cantor Fi ...

4Q & FY24 Earnings Presentation February 13, 2025 1 Safe Harbor Notice This presentation and any accompanying oral commentary include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements other than those of historical fact, including information concerning our future operating results and financial position, anticipated future expenses and investments, business strategies and plans, market growth, market posi ...

For the quarter ended December 2024, Udemy, Inc. (UDMY) reported revenue of $199.94 million, up 5.5% over the same period last year. EPS came in at $0.10, compared to $0.02 in the year-ago quarter.The reported revenue represents a surprise of +2.69% over the Zacks Consensus Estimate of $194.7 million. With the consensus EPS estimate being $0.07, the EPS surprise was +42.86%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Udemy, Inc. (UDMY) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 42.86%. A quarter ago, it was expected that this company would post earnings of $0.01 per share when it actually produced earnings of $0.07, delivering a surprise of 600%.Over the last four quarters, the company has su ...