{"schema_version":"secwatch.filing_event.v1","accession":"0001607939-23-000025","form_type":"8-K","ticker":"UDMY","cik":"0001607939","company_name":"Udemy, Inc.","filed_at":"2023-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.813089+00:00","generated_at":"2026-06-19T13:49:56.679473+00:00","sec_items":["2.02","2.05","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Udemy Q4 revenue up 22% to $165.3M; cuts 10% of workforce for profitability","bullets":["Total revenue $165.3M (+22% YoY); Udemy Business revenue $90.6M (+57%).","GAAP net loss $52.2M, adjusted EBITDA -$20.2M (negative 12% of revenue).","Reducing workforce ~10%, expects $8-9M non-GAAP severance charge in Q1 2023.","Annualized non-GAAP savings of ~$30-32M; targets adjusted EBITDA profitability in H2 2023.","UB ARR $371.7M (+55% YoY); Net Dollar Retention 115%; Large Customer NDR 123%."],"urls":{"canonical":"https://secwatch.observer/filing/0001607939-23-000025","json":"https://secwatch.observer/filing/0001607939-23-000025.json","markdown":"https://secwatch.observer/filing/0001607939-23-000025.md","text":"https://secwatch.observer/filing/0001607939-23-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1607939/000160793923000025/0001607939-23-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1607939/000160793923000025/udmy-20230214.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T13:49:56.679473+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"16b79f86c71ffdd25152c5cf284bde11dce9e9a8","claim":"Udemy, Inc. reported quarter ended December 31, 2022 results: revenue $165.3 million, net income GAAP Net Loss $(52.2).","evidence_excerpt":"a profitable second half of 2023 on an adjusted EBITDA basis.” Fourth quarter 2022 financial performance highlights include: • Total revenue increased 22% year-over-year to $165.3 million. Revenue growth includes a negative impact of 4 percentage points from changes in foreign exchange (FX) rates year-over-year. • Enterprise segment, or Udemy Business, revenue","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1607939/000160793923000025/0001607939-23-000025-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended December 31, 2022"},{"label":"Revenue","value":"$165.3 million"},{"label":"Net income","value":"GAAP Net Loss $(52.2)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"bfffa7226480bec893595dd4eda6c80106442351","claim":"Udemy, Inc. announced a restructuring with charges of between $9 million and $11 million affecting global workforce (approximately 10% of the Company’s global workforce).","evidence_excerpt":"current macroeconomic environment and create a more streamlined organization to support its business. As a result, the Company expects to recognize restructuring charges between $9 million and $11 million in the first quarter of 2023, primarily consisting of personnel expenses such as salaries and wages, one-time severance payments, and other benefits. Cash","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1607939/000160793923000025/0001607939-23-000025-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"between $9 million and $11 million"},{"label":"Affected area","value":"global workforce"},{"label":"Headcount","value":"approximately 10% of the Company’s global workforce"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}