secwatch.observer — SEC 8-K summary
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Issuer:     Udemy, Inc. (UDMY)
CIK:        0001607939
Form:       8-K
Filed at:   2025-07-30T23:59:59+00:00
Accession:  0001607939-25-000123
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1607939/000160793925000123/0001607939-25-000123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1607939/000160793925000123/udmy-20250730.htm
  HTML page:      https://secwatch.observer/filing/0001607939-25-000123

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer