Udemy, Inc.UDMYNASDAQ
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R&D Expenses Over TimeContracting
Percentile Rank50
3Y CAGR-1.0%
5Y CAGR+14.9%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
-1.0%/yr
Annual compound
5Y CAGR
+14.9%/yr
Recent deceleration
Percentile
P50
Within normal range
vs 5Y Ago
2x
Strong expansion
Streak
1 yr
Consecutive declineContracting
PeriodValueYoY Change
2025$101.51M-19.1%
2024$125.44M+4.2%
2023$120.33M+15.1%
2022$104.56M+58.2%
2021$66.11M+30.5%
2020$50.64M+47.3%
2019$34.38M-