---
schema_version: "secwatch.filing_event.v1"
accession: "0001607939-24-000010"
form_type: "8-K"
ticker: "UDMY"
cik: "0001607939"
company_name: "Udemy, Inc."
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:22:16.424499+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Udemy Q4 revenue $189.5M (+15% YoY), beats guidance; announces $100M share repurchase

## Summary
- Q4 revenue $189.5M, exceeds high end of guidance by ~$3M; full-year revenue $728.9M (+16% YoY).
- Q4 adjusted EBITDA $4.0M, first full year of positive adjusted EBITDA at $7.8M; net loss narrows 61% to $20.2M.
- Udemy Business revenue $114.7M (+27% YoY), ARR $466M (+25%); added 1,800 net new enterprise customers in 2023.
- Board approves first-ever $100M share repurchase program; CEO cites confidence in strategy.
- Q1 2024 guidance: revenue $189-193M, adjusted EBITDA loss $(1-3)M; FY2024 revenue $790-800M, adjusted EBITDA $5-20M.

## SEC filing metadata
- accession: 0001607939-24-000010
- form_type: 8-K
- ticker: UDMY
- cik: 0001607939
- company_name: Udemy, Inc.
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1607939/000160793924000010/0001607939-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1607939/000160793924000010/udmy-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001607939-24-000010
- JSON: https://secwatch.observer/filing/0001607939-24-000010.json
- Plain text: https://secwatch.observer/filing/0001607939-24-000010.txt

## Key facts
- Earnings Releases
  Udemy, Inc. reported financial results for for the quarter and year ended December 31, 2023.
  - Period: for the quarter and year ended December 31, 2023
  - Result: reported results
  source text: On February 14, 2024, Udemy, Inc. (the “Company”) issued a press release announcing its financial results for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1607939/000160793924000010/0001607939-24-000010-index.htm

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