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Udemy revenue
Udemy's revenue is $786.6 million.
What is Udemy's revenue?
- Udemy's revenue growth from 2020 to 2024 is 82.97%.
- Udemy has 1,000 employees, and the revenue per employee ratio is $786,565.
- Udemy's peak quarterly revenue was $199.9M in 2024(q4).
- Udemy peak revenue was $786.6M in 2024.
- Udemy annual revenue for 2023 was 728.9M, 15.87% growth from 2022.
- Udemy annual revenue for 2024 was 786.6M, 7.91% growth from 2023.
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Udemy historical revenue
Udemy's peak revenue was $786.6M in 2024. The peak quarterly revenue was $199.9M in 2024(q4).
Udemy's revenue increased from $429.9m in 2020 to $786.6M currently. That's a 82.97% change in annual revenue.
Udemy annual revenue
Udemy annual revenue over time
| Fiscal year / year | Udemy revenue |
|---|---|
| 2020 | $429.9M |
| 2021 | $515.7M |
| 2022 | $629.1M |
| 2023 | $728.9M |
| 2024 | $786.6M |
How accurately did Udemy's revenue projections match actual performance?
Udemy annual growth
Udemy saw the greatest revenue growth in 2022, when revenue increased by 22.0%.
Udemy had the lowest revenue growth in 2021, when revenue changed by 19.95%.
Udemy annual growth rate over time
| Year | Udemy growth |
|---|---|
| 2021 | 20%↑ |
| 2022 | 22%↑ |
| 2023 | 16%↑ |
| 2024 | 8%↑ |
Udemy quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Udemy quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2021 | - | - | $129.6M | $135.5M |
| 2022 | $152.2M | $153.1M | $158.4M | $165.3M |
| 2023 | $176.4M | $178.2M | $184.7M | $189.5M |
| 2024 | $196.8M | $194.4M | $195.4M | $199.9M |
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Is Udemy transparent about its revenue structure?
Udemy financial information
| CEO | Gregg Coccari |
| Industry | Software & Services |
| Company Type | Education |
| Employees Number | 1,000 |
| Date Founded | 2010 |
| Headquarters | San Francisco, California |
| Number of Locations | 3 |
| Revenue | $786.6M |
| Net Income | -$153,875,000 |
| Gross Proft | $491.9M (2024) |
| Tax Rate | -0.1% |
| Total Assets | $737,568,000 |
| Ticker | UDMY |
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Udemy financing
Udemy received early financing of $1.0M on 2010-08-31.
| Series | Round size | Date |
|---|---|---|
| Seed | $1M | 08/2010 |
| Series A | $3M | 10/2011 |
| Series B | $12M | 12/2012 |
| Series C | $32M | 05/2014 |
| Series D | $65M | 06/2015 |
| Series D | $60M | 06/2016 |
| Series E | $50M | 02/2020 |
| Secondary Market | $780K | 03/2020 |
| Secondary Market | $33.2M | 10/2020 |
| Series F | $50M | 11/2020 |
| Secondary Market | $4.4M | 07/2021 |
Udemy investors
| Investors | Security type |
|---|---|
| Jeremy Stoppelman | Seed |
| Joshua Stylman | Seed |
| Benjamin Ling | Seed |
| Larry Braitman | Seed |
| MHS Capital | Seed |
| Paul Martino | Seed |
| Signia Venture Partners | Seed |
| Naval Ravikant | Seed |
| Darian Shirazi | Seed |
| 500 Startups | Seed |
| Keith Rabois | Seed |
| Russ Fradin | Seed |
| Lightbank | Series A |
| Learn Capital | Series A |
| MHS Capital | Series A |
| 500 Startups | Series A |
| Lightbank | Series B |
| Learn Capital | Series B |
| MHS Capital | Series B |
| Insight Partners | Series B |
| MHS Capital | Series C |
| Norwest Venture Partners | Series C |
| Insight Partners | Series C |
| Stripes | Series D |
| Insight Partners | Series D |
| Norwest Venture Partners | Series D |
| PROSUS | Series D |
| Benesse | Series E |
| Mindrock Capital | Secondary Market |
| Mindrock Capital | Secondary Market |
| Winter Capital Advisors | Series F |
| Learn Capital | Series F |
| Tencent | Series F |
| SharesPro | Secondary Market |
Udemy competitors
Udemy's top competitor, Google, earned an annual revenue of $350.0B.
Udemy's smallest competitor is edX with revenue of $50.0M last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| $140,774 | $350.0B | 139,995 | 5,107 | |
| Udacity | $103,055 | $100.0M | 4,215 | 15 |
| edX | $76,690 | $50.0M | 644 | - |
| $135,189 | $3.0B | 15,000 | 549 | |
| Coursera | $131,082 | $694.7M | 1,138 | 1 |
| Chegg | $88,241 | $617.6M | 1,087 | - |
| Knewton | $106,626 | $12.0M | 150 | - |
| Juniper Networks | $120,409 | $5.1B | 9,400 | - |
| Meta | $155,739 | $164.5B | 71,970 | 6,865 |
| Akritiv | $96,240 | - | 10,002 | - |
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Zippia gives an in-depth look into the details of Udemy, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Udemy. The employee data is based on information from people who have self-reported their past or current employments at Udemy. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Udemy. The data presented on this page does not represent the view of Udemy and its employees or that of Zippia.
Udemy may also be known as or be related to Udemy, Udemy Inc and Udemy, Inc.