Udemy(US:UDMY)2025-10-29 21:00Financial Performance - Q3 2025 revenue reached $195.7 million, exceeding expectations[13, 15] - Adjusted EBITDA for Q3 2025 was $24.3 million, representing a 12% margin[13, 15] - Free cash flow for Q3 2025 was positive $12.1 million, with year-to-date free cash flow at positive $58.2 million, or 10% of revenue[13] - Consolidated subscription revenue increased by 8% year-over-year in Q3 2025, accounting for 74% of total revenue[13, 17] - The company is projecting full year 2025 revenue between $787 million and $790 million and adjusted EBITDA between $92 million and $94 million[9, 26] Business Growth and Strategy - Udemy Business (UB) Annual Recurring Revenue (ARR) increased by 4% year-over-year[9, 15] - The platform has over 294,000 paid consumer subscribers, surpassing the 2025 target of 250,000[9, 13, 18] - Enterprise segment gross margin is at 75%[9] AI Initiatives - The platform offers over 5,000 AI-focused courses with over 14 million enrollments and 560 million+ minutes of AI training consumed[9, 18] - Nearly 13,000 Role Play simulations have been created, with over 400 enterprise customers launching custom Role Plays[9, 18]