---
schema_version: "secwatch.filing_event.v1"
accession: "0001607939-22-000116"
form_type: "8-K"
ticker: "UDMY"
cik: "0001607939"
company_name: "Udemy, Inc."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T14:03:11.388083+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Udemy Q3 revenue $158.4M (+22% YoY); net loss widens to $46.7M; UB segment up 67%

## Summary
- Total revenue $158.4M (+22% YoY); FX headwind of 5pp. Udemy Business revenue $83.9M (+67% YoY).
- GAAP net loss $46.7M vs $9.3M loss in prior year; Adjusted EBITDA loss $12.9M vs $1.6M profit.
- Udemy Business ARR $350M (+69% YoY) with Net Dollar Retention 117%; total customers 13,437 (+40%).
- Consumer revenue fell 6% YoY to $74.6M; Monthly Average Buyers flat at 1.32M (+4%).
- No specific forward guidance provided; company cites macro headwinds but remains bullish long term.

## SEC filing metadata
- accession: 0001607939-22-000116
- form_type: 8-K
- ticker: UDMY
- cik: 0001607939
- company_name: Udemy, Inc.
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1607939/000160793922000116/0001607939-22-000116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1607939/000160793922000116/udmy-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001607939-22-000116
- JSON: https://secwatch.observer/filing/0001607939-22-000116.json
- Plain text: https://secwatch.observer/filing/0001607939-22-000116.txt

## Key facts
- Earnings Releases
  Udemy, Inc. reported the quarter ended September 30, 2022 results: revenue $158.4 million, net income $ (46.7).
  - Period: the quarter ended September 30, 2022
  - Revenue: $158.4 million
  - Net income: $ (46.7)
  - Result: reported results
  source text: language contained in such filing. --- EX-99.1 (EX-99.1) --- Udemy Reports Third Quarter 2022 Results Third-quarter total revenue increased 22% year-over-year to $158.4 million Udemy Business delivered 67% year-over-year revenue growth and achieved Annual Recurring Revenue of $350 million San Francisco, CA / November 2, 2022 / (GLOBENEWSWIRE) / - Udemy
  evidence_url: https://www.sec.gov/Archives/edgar/data/1607939/000160793922000116/0001607939-22-000116-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.