secwatch.observer — SEC 8-K summary
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Issuer:     Udemy, Inc. (UDMY)
CIK:        0001607939
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0001607939-26-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Udemy reports Q4 rev $194M, FY net income positive; subscription revenue up 8% YoY
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- Q4 revenue $194.0M (down 3% YoY), net loss $2.3M (improved 76%).
- FY 2025 net income $3.8M (vs loss of $85.3M); Adjusted EBITDA $95.3M (up 122%).
- Subscription revenue 72% of total; Consumer subscription up 44% YoY.
- Pending merger with Coursera: UDMY stockholders get 0.800 shares of COUR per share; expected close H2 2026.
- No earnings call or guidance provided due to pending transaction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1607939/000160793926000006/0001607939-26-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1607939/000160793926000006/udmy-20260205.htm
  HTML page:      https://secwatch.observer/filing/0001607939-26-000006

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