Udemy Statistics 2026: Revenue and Learner Data

Udemy reported $786.6 million in total revenue for fiscal 2024, an 8% increase over the prior year. That figure masks a divided story beneath the headline. Udemy Business, the enterprise segment, grew 18% to $494.5 million while the consumer marketplace fell 5% to $292.1 million. That divergence, rather than the headline revenue line, points to where online learning is heading: away from individual course buyers and toward corporate skills budgets.

The data below covers learner counts, course catalog size, enterprise ARR, instructor earnings, and AI skills demand. Every figure traces to Udemy’s filings on SEC EDGAR and quarterly earnings releases through Q3 2025.

Key Takeaways

• Udemy reported $786.6 million in total revenue for fiscal 2024, up 8% year-over-year.
• The platform ended 2024 with 77 million registered learners and more than 85,000 instructors as of Q1 2025.
• Udemy Business accounted for 63% of 2024 revenue, growing 18% year-over-year to $494.5 million.
• The consumer segment declined 5% in 2024 to $292.1 million as the company shifted focus upmarket.
• AI-related enrollments surged fivefold year-over-year, surpassing 11 million globally per Udemy’s 2026 Skills Trends Report.
• Coursera completed its combination with Udemy on May 11, 2026, creating a platform with 290 million learners.

Editor’s Choice

• More than 250,000 courses are available in 75 languages on the platform.
• Udemy instructors collectively earned $190.6 million during fiscal 2024.
• 1 billion cumulative course enrollments since inception, a milestone reached in mid-2024.
• Udemy Business annual recurring revenue reached $517 million at year-end 2024.
• 17,096 enterprise customers at year-end 2024, rising to 85,000 plus instructors by Q1 2025.
• The combined Coursera-Udemy platform reports more than $1.5 billion in 2025 revenue across 290 million learners.

Recent Developments

• May 2026: Coursera completed its combination with Udemy on May 11, 2026, forming a platform with 290 million learners, 95,000 instructors, and 18,000 enterprise customers.
• December 2025: Existing Coursera stockholders hold approximately 59% of the combined company and existing Udemy stockholders approximately 41% following the all-stock structure.
• September 2025: Udemy’s Global Learning Skills Trends Report found AI-related enrollments surged fivefold to 11 million, with Microsoft Copilot consumption up 3,400% and GitHub Copilot up 13,534%.
• Q2 2025: Udemy reported its first GAAP-profitable quarter since going public, with Adjusted EBITDA of $28.4 million, a 420% year-over-year increase.
• Q3 2025: Udemy Business ARR reached $527 million, and consumer paid subscribers hit 295,000, with subscription revenue up 43% year-over-year.

Udemy Learner Statistics

• Udemy ended 2024 with 77 million learners after acquiring 8 million new learners during the year.
• According to Udemy’s Q1 2025 results, the platform reached 79 million learners by the end of the quarter.
• It ended Q3 2025 with a total of 79 million learners.
• 85% of marketplace traffic originates from outside the United States.
• 60% of 2024 revenue was generated outside North America, reflecting a global learner base.
• The platform is available in 75 languages, with more than 115,000 courses in non-English languages.
• After the merger, the combined learner base reached 290 million, per Coursera’s investor relations.

The geographic spread matters more than the raw count. Udemy’s 2024 Form 10-K reports 85% of traffic arriving from outside the United States. That global tilt ties the platform’s growth to markets where corporate training budgets are expanding fastest, not saturated Western consumer demand. The pattern mirrors the broader Online Learning Statistics we track across the sector.

Don’t chase tech news. We track it for you.

One weekly briefing with the launches, AI developments, and breaches that matter. No filler.

Email address

Subscribe Now

Read by pros at Fortinet, TSMC, Barclays, and Deloitte.

Udemy Course and Enrollment Statistics

• Udemy’s marketplace held more than 250,000 courses in 75 languages as of 2024.
• The catalog includes over 115,000 courses in non-English languages.
• An average of more than 5,000 new courses were added to the platform monthly during 2024.
• The platform passed 1 billion cumulative course enrollments since inception, a milestone reached in mid-2024.
• Instructors earned $190.6 million in 2024, with the top 13 each earning more than $1 million.

By the numbers: Per Udemy’s 2024 annual report, the platform added more than 5,000 new courses monthly in 2024 across a catalog of more than 250,000 courses in 75 languages. Over 115,000 of those courses are non-English, a catalog breadth that reflects the revenue-share model pulling in instructors from every major language market.

The 1-billion-enrollment milestone, reported in its Q2 2024 results, counts seats rather than unique learners. Because a single account can hold dozens of enrollments, the enrollment figure runs far ahead of the registered-learner count, a distinction worth holding onto when comparing platforms.

Udemy Revenue Statistics

• FY2024 total revenue reached $786.6 million, an 8% increase year-over-year.
• 63% of 2024 revenue came from the enterprise segment, 37% from the consumer marketplace.
• Gross margin improved to 63% in 2024, up from 58% the prior year.
• Free cash flow turned positive at $38 million for the full year, a profitability signal.
• Quarterly revenue climbed steadily: Q1 2024 $196.8 million (+12%), Q2 $194.4 million (+9%), Q3 $195.4 million (+6%), Q4 $199.9 million (+5%).
• Historical totals: FY2021 $515.7 million, FY2022 $629.1 million, FY2023 approximately $728 million, FY2024 $786.6 million.

The growth rate tells its own story. Revenue rose from $515.7 million in 2021 to $629.1 million in 2022, a double-digit jump. It then kept climbing through 2024 even as the annual pace slowed to an 8% increase. That deceleration is what pushed management toward enterprise, where recurring contracts grow more predictably than one-off consumer purchases.

Udemy Business Enterprise Statistics

• Udemy Business revenue reached $494.5 million in FY2024, an 18% year-over-year increase.
• The enterprise segment represented 63% of total 2024 revenue.
• Udemy Business ARR was $517 million at year-end 2024, reaching $527 million by Q3 2025.
• Large enterprise ARR grew 12% year-over-year in Q4 2024.
• Enterprise customers totaled 17,096 at year-end 2024, up by nearly 1,400 net new customers during the year.
• The company closed nearly 50 deals over $100,000 in ARR in Q4 2024, the highest for any quarter.
• Q4 2024 Udemy Business gross margin reached 75%, a 600 basis point improvement year-over-year.

ARR climbed from $479.4 million in Q1 2024 to $527 million by Q3 2025, seven consecutive quarters of expansion. The contrast with the consumer line, covered below, is what makes the enterprise pivot more than a slogan: one segment compounds while the other contracts. The same dynamic plays out in the EdTech market data we track across the sector.

Udemy Consumer Segment Statistics

• Consumer segment revenue was $292.1 million in FY2024, a 5% decline year-over-year.
• The consumer segment represented 37% of total 2024 revenue.
• Q4 2024 consumer revenue was $70 million, a 7% year-over-year decline.
• Monthly average buyers peaked at 1.44 million in Q1 2024 before falling to 1.29 million in Q2 2024.
• Consumer paid subscribers reached 295,000 by Q3 2025, with subscription revenue up 43% year-over-year.
• Q1 2025 consumer revenue was $72.6 million, down 8% year-over-year.

What’s changed: The consumer marketplace has shifted from a one-off purchase model toward subscriptions. By Q3 2025, consumer paid subscribers reached 295,000 and subscription revenue rose 43% year-over-year, even as the segment’s overall revenue kept sliding, a sign the recurring base is offsetting fewer à la carte buyers.

Monthly average buyers fell from 1.44 million in Q1 2024 to 1.29 million in Q2 2024, the clearest single sign of the consumer slowdown. Udemy is not chasing those buyers back. Management has deliberately redirected resources upmarket, treating the consumer marketplace as a legacy funnel rather than the growth engine. Similar consumer-to-subscription transitions appear in the direct-to-consumer brand statistics we track.

Udemy Instructor Statistics

• The platform carried more than 85,000 instructors as of Q1 2025.
• Instructor count reached 85,000-plus instructors by Q1 2025.
• Instructors collectively earned $190.6 million on the platform in 2024.
• The top 13 instructors each earned more than $1 million during 2024.
• Instructors created courses in 75 languages, producing more than 115,000 non-English courses.
• More than 5,000 new courses were added per month in 2024, driven by the revenue-share incentive.
• Post-merger, the combined instructor count reached 95,000 across the platform.

The revenue-share marketplace is Udemy’s core flywheel. Instructors earned a collective $190.6 million in 2024, and the top 13 each cleared more than $1 million. Those earnings are what keep more than 5,000 new courses arriving each month: the better instructors do, the deeper the catalog grows, the more learners arrive, and the cycle repeats.

Udemy AI Skills Statistics

• AI-related course enrollments surged fivefold year-over-year, surpassing 11 million globally as of mid-2025.
• Microsoft Copilot content consumption surged 3,400% year-over-year on Udemy Business.
• GitHub Copilot content consumption rose 13,534% for technical applications.
• AI ethics and governance course consumption increased 98% year-over-year.
• Adaptive soft-skills learning grew 25% year-over-year, with critical thinking up 37% and decision-making up 38%.
• Leadership ranked as the 6th most consumed business skill on Udemy Business.
• The report analyzed data from more than 17 thousand customers worldwide between July 2024 and June 2025.

Key finding: Per Udemy’s 2026 Global Learning Skills Trends Report, AI-related enrollments surged fivefold to 11 million, with Microsoft Copilot consumption up 3,400% and GitHub Copilot up 13,534%. The data, drawn from more than 17,000 enterprise customers, shows demand concentrating on practical AI tooling rather than theory.

Soft-skills demand rose alongside the AI surge, growing 25% year-over-year. The pairing is telling: enterprises buying AI training are also buying critical thinking and decision-making, hedging against the risk that tooling alone does not deliver judgment. These adoption curves echo what AI-in-education data shows across the broader learning sector.

Udemy Geographic Statistics

• 60% of Udemy’s 2024 revenue was generated outside North America.
• 85% of marketplace traffic originates from outside the United States.
• The platform is available in 75 languages.
• Non-English courses exceed 115,000.

The revenue map is genuinely global. With 60% of 2024 revenue earned outside North America and 85% of traffic arriving from outside the United States, Udemy’s catalog breadth in 75 languages functions as a moat. Localized depth is hard for newer entrants to replicate quickly, and it is a large part of what made the platform attractive to Coursera.

Udemy Financial Performance and Profitability

• FY2024 operating loss was $89.3 million, improved from $121.9 million the prior year.
• FY2024 net loss was $85.3 million.
• FY2024 Adjusted EBITDA reached $43 million, the highest annual figure since the company went public.
• FY2024 free cash flow turned positive at $38 million, the first positive figure since IPO.
• Q2 2025 marked the first profitable quarter since going public, with the first positive GAAP net income since IPO.
• Q2 2025 Adjusted EBITDA reached $28.4 million, a 420% year-over-year increase, with margin expanding to 14%.
• Q3 2025 marked the 15th consecutive quarter of better-than-expected Adjusted EBITDA.

The profitability turn is recent and real. Q2 2025 was Udemy’s first profitable quarter since going public, driven by Adjusted EBITDA of $28.4 million, up 420% year-over-year. Our breach-cost and budget tracking has shown how slowly enterprise software economics can turn; Udemy’s four-year march from heavy losses to positive free cash flow is faster than most, and the enterprise mix is the reason.

Udemy IPO and Market Cap Statistics

• Udemy priced its IPO at $29.00 per share on October 29, 2021, listing on Nasdaq under UDMY.
• The IPO raised approximately $421 million through 14,500,000 shares offered.
• Shares closed at $27.50 on the first day of trading.
• The IPO implied a market value of about $3.8 billion.
• Udemy’s late-2020 funding round valued the company at $3.32 billion, making the IPO a 22% premium.
• Post-merger ownership split existing Coursera stockholders approximately 59% and Udemy stockholders approximately 41%.

Source: Udemy Inc. Investor Relations IPO announcement

The IPO implied a roughly $3.8 billion market value against a $3.32 billion late-2020 private round. The years that followed were unkind to the share price, and that decline is part of what set the stage for the Coursera combination rather than a standalone path.

Udemy Platform and Company Statistics

• Udemy went public on Nasdaq in October 2021 after being founded in 2010.
• The company employed 1,246 people as of December 31, 2024.
• The combined Coursera-Udemy entity reports 290 million learners, 95,000 instructors, and 18,000 enterprise customers.
• Combined 2025 annual revenue is more than $1.5 billion.
• The merger is expected to generate run-rate annual cost synergies of $115 million within 24 months of closing.

Why it matters: The Coursera combination, closed on May 11, 2026 with 290 million learners and more than $1.5 billion in 2025 revenue, creates one of the world’s largest skills platforms. For corporate L&D buyers, it consolidates two of the three names they evaluate into a single vendor, reshaping procurement across the sector.

Udemy carried 1,246 employees into the end of 2024, a lean headcount for a platform of its scale. The enterprise pivot and the eventual merger both point the same direction: scale through software and partnerships, not headcount. Readers tracking enterprise software adoption can compare against the Microsoft 365 statistics we maintain.

How many users does Udemy have?

Udemy had 77 million registered learners at year-end 2024, growing to 79 million by the end of Q1 2025. The platform added eight million new learners during 2024. Following the Coursera combination in May 2026, the combined entity reached 290 million learners globally.

How many courses does Udemy have?

Udemy’s marketplace had more than 250,000 courses as of 2024, offered in 75 languages. Over 115,000 courses are in non-English languages. An average of more than 5,000 new courses were added monthly during 2024, a pace driven by the platform’s instructor revenue-share model.

Is Udemy profitable?

Udemy turned free cash flow positive in 2024 at $38 million. It posted its first GAAP-profitable quarter since going public, in Q2 2025, with Adjusted EBITDA of $28.4 million, up 420% year-over-year. The company reached its 15th consecutive quarter of better-than-expected Adjusted EBITDA in Q3 2025, a steady profitability trajectory.

Conclusion

Udemy’s 77 million learners and $786.6 million in 2024 revenue place it among the world’s largest online learning platforms. The defining trend sits beneath the headline. Udemy Business grew 18% while the consumer segment declined 5%, and enterprise ARR reached $527 million by Q3 2025. The fivefold surge in AI enrollments to 11 million shows why corporate L&D budgets are concentrating on skills platforms.

The Coursera combination closed this year, serving 290 million learners with more than $1.5 billion in revenue, giving corporate L&D professionals, edtech investors, online instructors, and skills researchers a single consolidated platform to track. That consolidation makes Udemy’s enterprise-first data the more important half of the story going forward.