---
schema_version: "secwatch.filing_event.v1"
accession: "0001607939-23-000079"
form_type: "8-K"
ticker: "UDMY"
cik: "0001607939"
company_name: "Udemy, Inc."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:06:16.193332+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Udemy Q1 revenue $176.4M (+16% YoY) beats guidance; UB ARR $396M (+42%); SVP Mkting resigns

## Summary
- Total revenue $176.4M, up 16% YoY, exceeding guidance; enterprise segment revenue $95.2M (+47% YoY).
- Net loss widened to $44.5M from $25.6M; adjusted EBITDA loss narrowed to $6.3M from $7.0M.
- Udemy Business ARR grew 42% to $396.0M; total customers reached 14,359, up 24% YoY.
- SVP Marketing Llibert Argerich resigns effective May 31, 2023; no disagreement; consulting agreement through Dec 2023.

## SEC filing metadata
- accession: 0001607939-23-000079
- form_type: 8-K
- ticker: UDMY
- cik: 0001607939
- company_name: Udemy, Inc.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1607939/000160793923000079/0001607939-23-000079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1607939/000160793923000079/udmy-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001607939-23-000079
- JSON: https://secwatch.observer/filing/0001607939-23-000079.json
- Plain text: https://secwatch.observer/filing/0001607939-23-000079.txt

## Key facts
- Earnings Releases
  Udemy, Inc. reported the three-month period ended March 31, 2023 results: revenue $176.4 million.
  - Period: the three-month period ended March 31, 2023
  - Revenue: $176.4 million
  - Result: reported results
  source text: priorities, including certification, AI and personalization.” First quarter 2023 financial performance highlights include: • Total revenue increased 16% year-over-year to $176.4 million and exceeded the high end of the guidance range for the quarter. Revenue growth includes a negative impact of 5 percentage points from changes in foreign exchange (FX) rates
  evidence_url: https://www.sec.gov/Archives/edgar/data/1607939/000160793923000079/0001607939-23-000079-index.htm
- Executive change
  Llibert Argerich resigned as Senior Vice President, Marketing at Udemy, Inc..
  - Action: resigned
  - Role: Senior Vice President, Marketing
  source text: On April 28, 2023, Llibert Argerich, the Company's Senior Vice President, Marketing, notified the Company of his resignation, effective May 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1607939/000160793923000079/0001607939-23-000079-index.htm

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