---
schema_version: "secwatch.filing_event.v1"
accession: "0001607939-25-000123"
form_type: "8-K"
ticker: "UDMY"
cik: "0001607939"
company_name: "Udemy, Inc."
filed_at: "2025-07-30T23:59:59+00:00"
generated_at: "2026-05-17T23:02:50.165506+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Udemy Q2 GAAP net income $6.3M vs loss; revenue up 3% to $199.9M

## Summary
- GAAP net income of $6.3M (3% margin) vs loss of $31.8M a year ago; adjusted EBITDA $28.4M (14% margin).
- Enterprise segment revenue $129.3M (+7% YoY); UB ARR $520.0M (+6%); NDRR 95%.
- Consumer segment revenue $70.6M (-4% YoY); paid subscribers surpassed 200,000.
- Free cash flow positive $39.0M in Q2; cash & securities $393.1M.
- First full quarter under CEO Hugo Sarrazin; secured $200M credit facility.

## SEC filing metadata
- accession: 0001607939-25-000123
- form_type: 8-K
- ticker: UDMY
- cik: 0001607939
- company_name: Udemy, Inc.
- filed_at: 2025-07-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1607939/000160793925000123/0001607939-25-000123-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1607939/000160793925000123/udmy-20250730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001607939-25-000123
- JSON: https://secwatch.observer/filing/0001607939-25-000123.json
- Plain text: https://secwatch.observer/filing/0001607939-25-000123.txt

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