Udemy Q2 revenue rises 3%, reports profit of $6.3 mln

Udemy

30/07/2025 21:23

Overview

Udemy Q2 revenue rises 3% yr/yr, beating analysts' expectations

Adjusted EBITDA for Q2 beats consensus, but adjusted EPS misses expectations

Co achieves GAAP profitability with net income of $6.3 mln

Outlook

Udemy forecasts Q3 revenue between $190 mln and $195 mln

Company expects full-year revenue between $784 mln and $794 mln

Udemy anticipates Q3 adjusted EBITDA between $18 mln and $20 mln

Company sees full-year adjusted EBITDA between $84 mln and $89 mln

Result Drivers

ENTERPRISE GROWTH - Enterprise segment revenue increased 7% yr/yr, despite FX rate impact, driven by new and expanded customer relationships

CONSUMER DECLINE - Consumer segment revenue decreased 4% yr/yr, impacted by FX rate changes and sluggish monthly average buyers

AI INITIATIVES - Introduction of AI Packages and Role Play feature aimed at enhancing skills development and driving future growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$199.90 mln
$197 mln (9 Analysts)
Q2 Adjusted EPS
Miss
$0.04
$0.12 (8 Analysts)
Q2 Net Income
$6.30 mln
Q2 Adjusted EBITDA
Beat
$28.40 mln
$23.10 mln (8 Analysts)
Q2 Gross Margin
66.0%
Q2 Adjusted EBITDA Margin
14.0%
Q2 Adjusted Gross Margin
67.0%
Q2 Adjusted Gross Profit
$133.80 mln
Q2 Gross Profit
$132 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy"

Wall Street's median 12-month price target for Udemy Inc is $11.00, about 35.2% above its July 29 closing price of $7.13

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nBwfb872a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)