Highest-materiality recent filing
Udemy acquired by Coursera; shareholders receive 0.800 Coursera shares per share
Merger completed May 11, 2026; Udemy is now a direct wholly owned subsidiary of Coursera.
Udemy stockholders approve merger with Coursera
Shareholders voted 114,961,096 for vs 147,832 against to adopt the Merger Agreement with Coursera.
Udemy faces three shareholder lawsuits over Coursera merger; voluntarily supplements proxy
Three lawsuits filed in NY and CA challenging merger disclosures; demand letters also received.
Udemy and Coursera secure FTC early termination of HSR waiting period
FTC granted early termination of HSR waiting period effective Feb 9, 2026 at 4:29 p.m. ET.
Udemy reports Q4 rev $194M, FY net income positive; subscription revenue up 8% YoY
Q4 revenue $194.0M (down 3% YoY), net loss $2.3M (improved 76%).
Udemy CEO Sarrazin gets $362K bonus acceleration and 354K RSUs vesting ahead of Coursera merger
Accelerated bonus of $362,466 and immediate vesting of 354,014 RSUs originally due March 12, 2026.
Udemy to be acquired by Coursera in all-stock deal: 0.800 Coursera shares per Udemy share
Each Udemy share converts into 0.800 Coursera shares; no fractional shares, cash in lieu.
Coursera to acquire Udemy in all-stock merger; implied equity value ~$2.5B
Udemy stockholders receive 0.800 shares of Coursera per share, a 26% premium to 30-day average closing price.
Udemy provides supplemental historical revenue and subscriber data through Q3 2025
Enterprise subscription revenue grew from $117.0M (Q1 2024) to $132.3M (Q3 2025), up 13%.
Udemy Q3 net profit of $1.6M, subscription rev +8%; guides Q4 rev $191-194M
Net income of $1.6M vs $(25.3M) loss in prior year; adjusted EBITDA $24.3M (+110% YoY).
Udemy announces $50 million share repurchase program effective immediately
Board approved repurchase of up to $50 million of common stock, effective immediately.
Udemy Q2 GAAP net income $6.3M vs loss; revenue up 3% to $199.9M
GAAP net income of $6.3M (3% margin) vs loss of $31.8M a year ago; adjusted EBITDA $28.4M (14% margin).
Udemy shareholders elect two Class I directors, approve charter amendment to limit officer liability
85.6% of voting power present at June 16, 2025 annual meeting; Sohaib Abbasi and Heather Hiles elected as Class I directors.
Udemy appoints Ozzie Goldschmied as CTO; founder Eren Bali moves to Head of Innovation
Ozzie Goldschmied named CTO effective June 11, 2025; former CTO of Dayforce/Ceridian.
Udemy closes $200M senior secured revolving credit facility, undrawn at closing
Facility matures May 30, 2030; provides $200M revolving loans with $10M letters of credit and swingline sublimits.
Udemy Q1 revenue $200.3M (+2% YoY), adjusted EBITDA $21.1M, exceeds guidance
Revenue $200.3M (+2% YoY, 2pp FX headwind); enterprise +9% to $127.7M, consumer -8% to $72.6M.
Udemy appoints Hugo Sarrazin as CEO effective March 12, 2025; Greg Brown steps down
Hugo Sarrazin joins from UKG, previously EVP/CPTO; base salary $600K, target bonus 100%, $10M RSU grant.
Udemy posts Q4 revenue $199.9M, full-year $786.6M; Enterprise revenue +18% YoY; record EBITDA
Q4 revenue $199.9M (+5% YoY); full year revenue $786.6M (+8% YoY).
Udemy appoints Marylou Maco and Debra Chrapaty to its Board of Directors
Udemy expands Board to 8 directors, appointing Marylou Maco (Avaya CRO) and Debra Chrapaty (Toast CTO).
Udemy Q3 revenue $195.4M (+6% YoY); UB ARR exceeds $500M; CPO departing
Revenue $195.4M (+6% YoY); Adjusted EBITDA $11.6M (+41%), above guidance; raises FY2024 EBITDA outlook.
Udemy commits to restructuring plan affecting ~280 employees; expects $16-19M charges
Plan impacts ~280 global employees; expects to rehire ~half in lower-cost geographies.
Udemy appoints founder Eren Bali as CTO; Bali resigns from board
Eren Bali, co-founder, returns as CTO effective Aug 12, 2024, succeeding Venu Venugopal, who remains advisory.
Udemy Q2 revenue $194.4M at high-end of guidance; targets $130-150M Adjusted EBITDA for FY2026
Q2 revenue $194.4M (+9% YoY) and Adjusted EBITDA $5.5M, exceeding guidance.
Udemy stockholders elect Bali, Paterson to board; approve say-on-pay and auditor
Eren Bali: 79,444,868 votes for, 16,657,517 withheld; Lydia Paterson: 95,497,292 for, 605,093 withheld.
Udemy Q1 revenue $196.8M beats guidance; expands buyback by $50M
Revenue $196.8M (+12% YoY); net loss -$18.3M improved from -$44.5M; adj. EBITDA $6.5M.
Udemy Q4 revenue $189.5M (+15% YoY), beats guidance; announces $100M share repurchase
Q4 revenue $189.5M, exceeds high end of guidance by ~$3M; full-year revenue $728.9M (+16% YoY).
Udemy cutting instructor revenue share for subscriptions from 25% to 15% by 2026
Instructor subscription revenue share drops from 25% to 20% on Jan 1, 2024, then 17.5% in 2025, and 15% in 2026.
Udemy Q3 revenue $184.7M beats guidance; raises FY outlook; plans 5pp cut in instructor share
Total revenue $184.7M (+17% YoY), exceeded high end of guidance by $4.7M; Udemy Business $109.1M (+30%).
Total revenue $178.2M (+16% YoY), beating guidance high end by $4M.
Udemy appoints Sohaib Abbasi as Independent Chair of Board
Board size set at 7; Abbasi fills vacancy as Class I director and chair.
Udemy shareholders approve all four proposals at 2023 annual meeting
Jeffrey Lieberman elected as Class II director with 92.2M votes for; Natalie Schechtman with 91.9M.
Udemy Q1 revenue $176.4M (+16% YoY) beats guidance; UB ARR $396M (+42%); SVP Mkting resigns
Total revenue $176.4M, up 16% YoY, exceeding guidance; enterprise segment revenue $95.2M (+47% YoY).
Udemy Q4 revenue up 22% to $165.3M; cuts 10% of workforce for profitability
Total revenue $165.3M (+22% YoY); Udemy Business revenue $90.6M (+57%).
Udemy amends bylaws to adopt universal proxy rules and DGCL updates
Board adopted amended bylaws effective Nov 30, 2022, for SEC universal proxy rules and DGCL changes.
Udemy CEO Gregg Coccari to retire Feb 28; Greg Brown named successor; Q4 EBITDA guidance raised
CEO Gregg Coccari retires effective Feb 28, 2023; Greg Brown (President, Udemy Business) becomes CEO and joins Board.
Udemy sets adjusted EBITDA breakeven target for 2024 at inaugural Investor Day
Plans to achieve adjusted EBITDA breakeven by 2024.
Udemy Q3 revenue $158.4M (+22% YoY); net loss widens to $46.7M; UB segment up 67%
Total revenue $158.4M (+22% YoY); FX headwind of 5pp. Udemy Business revenue $83.9M (+67% YoY).
Udemy discloses upcoming vesting of 3.1M RSUs and expected sale of 1.2M shares for tax withholding
Approximately 3.1 million RSUs held by employees will vest on November 15, 2022.
Director Lawrence Illg resigns from Udemy board effective Sept 23, 2022
Lawrence Illg submitted his resignation from the Board of Directors on September 23, 2022.
Director Kenneth Fox resigns from Udemy Board effective August 11, 2022
Kenneth Fox submitted his resignation from the Udemy Board, effective August 11, 2022.
Udemy Q2 revenue $153.1M (+21% YoY); net loss widens to $29.4M
GAAP net loss per share $(0.21); Non-GAAP net loss per share $(0.10).
Udemy stockholders elect Heather Hiles and Kenneth Fox as Class I directors at 2022 annual meeting
Heather Hiles received 100,414,049 votes for, 2,447,001 withheld; Kenneth Fox received 102,024,182 for, 836,868 withheld.
Udemy announces voluntary option exchange program for options with exercise price ≥ $11.13
Eligible employees (non-board) may exchange outstanding options at or above $11.13/share for RSUs on a one-for-one basis.
Udemy appoints human resources leader Natalie Rothman to board of directors
Board appoints Natalie Rothman as Class II director, effective May 26, 2022.
Udemy Q1 revenue $152.2M (+22% YoY), Udemy Business ARR $279.6M (+80% YoY)
GAAP net loss $(25.6)M vs $(18.0)M YoY; GAAP EPS loss $(0.18) vs $(0.50) YoY.
Udemy Q4 revenue up 25% to $138M; net loss widens to $38.9M; UB ARR hits $239M
GAAP net loss of $38.9M ($0.36 per share) vs $27.0M loss in Q4 2020.
Udemy Q3 revenue up 9% to $129.6M; UdB ARR $207M (+80%), GAAP net loss $(9.3M)
Revenue $129.6M (+9% YoY); GAAP net loss $(9.3M) vs $1.9M profit YoY; Adj EBITDA $1.6M (down from $8.1M).
Udemy files amended charter and bylaws in connection with IPO completion
Filed amended and restated certificate of incorporation with Delaware Secretary of State on Nov 2, 2021.
At the Effective Time, Gregory M. Hart, Michael Foley, Alan B. Cardenas and Marcelo C. Modica became members of the board of directors of the Surviving Corporation.
At the Effective Time, Gregory M. Hart, Michael Foley, Alan B. Cardenas and Marcelo C. Modica became members of the board of directors of the Surviving Corporation.
At the Effective Time, Gregory M. Hart, Michael Foley, Alan B. Cardenas and Marcelo C. Modica became members of the board of directors of the Surviving Corporation.
At the Effective Time, Gregory M. Hart, Michael Foley, Alan B. Cardenas and Marcelo C. Modica became members of the board of directors of the Surviving Corporation.
Effective June 11, 2025, Eren Bali, Chief Technology Officer of Udemy, Inc. (the “Company”), transitioned from his role as Chief Technology Officer to Head of Innovation.
On June 8, 2025, the Board appointed Ozzie Goldschmied to succeed Mr. Bali as Chief Technology Officer, effective as of June 11, 2025.
appointed Hugo Sarrazin to succeed Greg Brown
appointed Mr. Sarrazin to serve as a Class III director.
appointed Hugo Sarrazin to succeed Greg Brown as the Company’s President and Chief Executive Officer, effective as of March 12, 2025
On October 23, 2024, the Company and Prasad Raje agreed that Mr. Raje would transition from his role as Chief Product Officer, effective October 28, 2024, and separate from the Company’s employment following a transition period ending on March 31, 2025.
Eren Bali resigned from the Board of Directors (the "Board") of Udemy, Inc. (the "Company") and its committees
the Board appointed Mr. Bali as the Company's Chief Technology Officer, effective August 12, 2024.
Max materiality 1.00 · Median 0.65 · Most common event earnings