Welcome to our dedicated page for Udemy SEC filings (Ticker: UDMY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Udemy, Inc. filings document the company’s transition from a Nasdaq-listed online learning platform to a wholly owned subsidiary of Coursera after the completed merger. The record includes Form 8-K disclosure of the merger closing, termination of a secured revolving credit facility, and related capital-structure changes, as well as a Form 25 notification covering removal of Udemy common stock from Nasdaq listing and Section 12(b) registration.
Earlier filings cover operating and financial results, material agreements, shareholder voting matters, governance, risk factors, and capital-structure disclosures for Udemy’s enterprise and consumer learning businesses.
Udemy and Coursera plan to merge in an all-stock deal that values the combined company at about $2.5 billion. Udemy stockholders will receive 0.800 shares of Coursera common stock for each Udemy share, a 26% premium to the companies’ 30‑day average closing prices before the announcement. After closing, Coursera holders are expected to own roughly 59% of the combined company and Udemy holders about 41% on a fully diluted basis.
The combined business is projected to have more than $1.5 billion in annual revenue and anticipated annual run‑rate cost synergies of $115 million within 24 months of closing. As of Q3 2025, Coursera and Udemy together reported a cash, cash equivalents, and marketable securities balance of about $1.2 billion and combined adjusted EBITDA of $155 million on revenue of $1.536 billion for the twelve months ended September 30, 2025. The deal has been unanimously approved by both boards and is expected to close by the second half of 2026, subject to shareholder and regulatory approvals.
Udemy, Inc. has agreed to merge with Coursera, Inc. in an all-stock transaction that will create a large combined online learning platform. Udemy stockholders will receive 0.800 shares of Coursera common stock for each Udemy share, implying a roughly 26% premium to the companies’ 30‑day average closing prices and valuing the combined company’s equity at about $2.5 billion based on December 16, 2025 prices.
After closing, Coursera stockholders are expected to own about 59% and Udemy stockholders about 41% of the combined company, which reported more than $1.5 billion in revenue over the 12 months ended September 30, 2025. Management targets annual run‑rate cost synergies of $115 million within 24 months. The combined company will keep the Coursera name, trade under COUR on the NYSE, remain a public benefit corporation, and be led by current Coursera CEO Greg Hart, with Udemy shares delisted from Nasdaq when the merger closes, expected by the second half of 2026, subject to shareholder and regulatory approvals.
Udemy, Inc. disclosed that it has entered into an Agreement and Plan of Merger with Coursera, Inc., under which Coursera’s wholly owned subsidiary Chess Merger Sub, Inc. will merge with and into Udemy, and Udemy will survive as a wholly owned subsidiary of Coursera. The companies also released a joint press release and an investor presentation with additional information about the proposed business combination.
The disclosure highlights extensive forward-looking statements about the expected timing and potential benefits of the merger, including possible synergies, as well as numerous risks. These include economic and competitive conditions, the impact of announcing the deal on employees and customers, integration challenges, legal proceedings, regulatory approvals and other conditions to closing, costs related to the transaction and fluctuations in Coursera’s and Udemy’s stock prices. Coursera plans to file a registration statement with a joint proxy statement/prospectus so Coursera and Udemy stockholders can evaluate and vote on the transaction.
Udemy, Inc.’s chief financial officer filed an amended insider ownership report to correct a prior tax-withholding entry on restricted and performance stock units. On December 15, 2025, the issuer withheld 14,842 shares of common stock at $5.25 per share to cover tax obligations on vesting, rather than the previously reported 25,619 shares. The company states that no shares were sold in this transaction, as the shares were retained by the issuer for taxes.
Following this withholding, the officer beneficially owned 1,243,823 shares of Udemy common stock directly. The notes explain that, after separate Rule 10b5-1 sales on December 15, 2025 reported in another insider form filed on December 16, 2025, the officer’s beneficial ownership was 1,218,823 shares. This amendment mainly clarifies the correct tax-withholding share count while confirming the officer’s substantial remaining stake.
Udemy, Inc. reported an insider equity compensation event by its President, Udemy Business. On 12/15/2025, 10,777 shares of common stock were withheld by the company at $5.25 per share to satisfy tax withholding on the vesting and settlement of restricted stock units and/or performance stock units, and no shares were sold.
After this automatic tax withholding, the officer beneficially owns 317,822 shares of Udemy common stock, held directly. This represents routine administration of stock-based compensation rather than a discretionary open-market transaction.
Udemy, Inc.'s chief financial officer reported selling 25,000 shares of common stock on December 15, 2025 at a weighted average price of $5.2502 per share. The sale was executed automatically under a Rule 10b5-1 trading plan adopted on March 14, 2025.
After this transaction, the officer directly beneficially owns 1,208,046 shares of Udemy common stock.
Udemy, Inc.'s Chief Financial Officer reported an insider transaction involving company stock. On 12/15/2025, 25,619 shares of common stock were withheld by the issuer at $5.25 per share to cover tax obligations tied to the vesting and settlement of restricted stock units and performance stock units.
After this tax withholding, the CFO directly beneficially owns 1,233,046 Udemy shares. The disclosure states that no shares were sold in the market; the transaction reflects only shares retained by the company for tax purposes.
Udemy, Inc. filed a current report to share additional historical operating data with investors. The company furnished a supplement that breaks out past revenue by product offering and business segment, and also includes historical paid consumer subscriber information. This data is unaudited and is meant to help readers compare Udemy’s performance across different periods more clearly.
The company states that this supplemental information does not revise or restate any previously issued consolidated financial statements. The materials are being furnished, not filed, which means they are not subject to certain liability provisions of the securities laws and are not automatically incorporated into other Udemy filings unless specifically referenced.
Udemy, Inc. (UDMY) reported an insider equity transaction by its Chief Financial Officer on a Form 4. On 11/15/2025, the CFO had 4,846 shares of Udemy common stock withheld by the company at a price of $5.18 per share to cover tax withholding obligations tied to the vesting and settlement of restricted and/or performance stock units, and no shares were sold in the market. After this withholding transaction, the CFO beneficially owned 1,258,665 shares of Udemy common stock directly.
Udemy, Inc. reported Q3 2025 results with revenue of $195.7 million and a return to profitability. Revenue was stable year over year while gross profit improved and operating expenses declined. Net income was $1.6 million, compared with a loss a year ago, as tighter spend and mix helped offset softer consumer demand.
Enterprise revenue rose to $132.8 million, while Consumer revenue was $62.9 million, reflecting lower transactional activity. Cash and cash equivalents were $235.9 million, and marketable securities were $135.3 million. Deferred revenue totaled $297.2 million, indicating contracted work yet to be recognized. The company also highlighted a new $200 million revolving credit facility, undrawn as of quarter end, and recognized $2.6 million year-to-date in breakage revenue from Udemy credits after a program change.
As of September 30, 2025, shares issued and outstanding were 147,075,948; as of October 22, 2025, 146,376,765 shares were outstanding.