{"schema_version":"secwatch.filing_event.v1","accession":"0001607939-23-000184","form_type":"8-K","ticker":"UDMY","cik":"0001607939","company_name":"Udemy, Inc.","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.762174+00:00","generated_at":"2026-06-09T00:25:11.980379+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Udemy Q3 revenue $184.7M beats guidance; raises FY outlook; plans 5pp cut in instructor share","bullets":["Total revenue $184.7M (+17% YoY), exceeded high end of guidance by $4.7M; Udemy Business $109.1M (+30%).","Adjusted EBITDA positive $8.2M vs -$12.9M last year; second consecutive positive quarter.","Udemy Business ARR $443.1M (+26% YoY); 15,378 total customers; surpassed 100,000 paid Personal Plan subscribers.","Plans to reduce instructor revenue share from 25% to 15% by 2026, first cut to 20% effective Jan 1, 2024.","Raised full-year 2023 outlook; cash and marketable securities $483M."],"urls":{"canonical":"https://secwatch.observer/filing/0001607939-23-000184","json":"https://secwatch.observer/filing/0001607939-23-000184.json","markdown":"https://secwatch.observer/filing/0001607939-23-000184.md","text":"https://secwatch.observer/filing/0001607939-23-000184.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1607939/000160793923000184/0001607939-23-000184-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1607939/000160793923000184/udmy-20231102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T00:25:11.980379+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":"8bc50a1cec199cfa6dfb8a158bb9fec1e053df2f","claim":"Udemy, Inc. reported the quarter ended September 30, 2023 results: revenue $184.7 million, net income $(16.8) million. Guidance raised.","evidence_excerpt":"and progressing toward our long-term profitability targets.” Third quarter 2023 financial performance highlights include: • Total revenue increased 17% year-over-year to $184.7 million and exceeded the high end of the guidance range for the quarter by $4.7 million. Revenue growth includes a negative impact of 1 percentage point from changes in foreign exchange","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1607939/000160793923000184/0001607939-23-000184-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Revenue","value":"$184.7 million"},{"label":"Net income","value":"$(16.8) million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}