Udemy
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Udemy's past years’ income statements indicate that its last revenue has increased compared to the previous period by 16% to $728,937,000. The net income raised on -$107,294,000 and profit margin reached -15%. Total operating expenses were $530,971,000.
Profit Margin
| 2019 | 276.32M | -69.70M | -25.22% |
|---|---|---|---|
| 2020 | 429.89M | -77.62M | -18.06% |
| 2021 | 518.15M | -77.52M | -14.96% |
| 2022 | 629.09M | -153.87M | -24.46% |
| 2023 | 728.93M | -107.29M | -14.72% |
UDMY Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 728.93M | 629.09M | 518.15M | 429.89M | 276.32M |
Cost of revenue | 309.59M | 275.32M | 236.02M | 209.25M | 143.51M |
Gross profit | 419.33M | 353.77M | 282.13M | 220.64M | 132.81M |
Operating exp. | |||||
Research and development | 120.33M | 104.55M | 66.10M | 50.64M | 34.37M |
Selling and marketing | 316.73M | 301.34M | 227.02M | 192.6M | 126.43M |
Total operating expenses | 530.97M | 504.96M | 357.54M | 294.02M | 200.84M |
Operating income | -121.89M | -151.19M | -75.40M | -73.38M | -68.03M |
Other income (expenses), net | 18.25M | -399K | -936K | -1.09M | -297K |
Income before tax | -103.64M | -151.58M | -76.34M | -74.47M | -68.32M |
Income tax expense | 3.65M | 2.28M | 1.18M | 3.14M | 1.37M |
Net income | -107.29M | -153.87M | -77.52M | -77.62M | -69.70M |
Earnings per share | |||||
Basic EPS | -0.71 | -1.09 | -0.56 | -0.56 | -0.5 |
Diluted EPS | -0.71 | -1.09 | -0.56 | -0.56 | -0.5 |
| Data source | Data source | Data source |