Udemy is one of the largest and most well-established online learning platforms with over 75 million learners worldwide. This blog explores key statistics that highlight Udemy’s growth, user engagement, financial performance, and its overall role in the e-learning landscape.
You’ll gain a clearer understanding of Udemy’s impact on education and its contribution to the growing online learning industry.
Udemy Statistics At a Glance
- There are 75 million learners on Udemy.
- Udemy’s 75,000 instructors collectively host 250,000 courses on the platform.
- Udemy has registered a revenue of $586.6 million in the first three quarters of 2024.
- The employee strength of the company is 1,443.
Udemy Usage Statistics
Udemy has grown into one of the largest online learning platforms, connecting millions of learners with expert instructors worldwide.
The following statistics shed light on how Udemy is used globally and the scale of its influence in the e-learning industry.
Number of Udemy Users
Udemy has 75 million learners in 2024, which is a 2.7% increase from the previous quarter and a 12% year-over-year increase.
| Year | Number of Udemy learners |
| 2019 | 40 million |
| 2020 | 44 million |
| 2021 | 49 million |
| 2022 | 59 million |
| 2023 | 67 million |
| 2024 | 75 million |
Number of Udemy Courses
Udemy has 250,000 courses on the platform as of 2024. The growth in the number of Udemy courses took a hit in 2023 when the platform had 3000 fewer courses than the previous year.
The platform improved its number of courses back in 2024 by adding 40,000 courses than in 2023.
| Year | Number of Courses |
| 2019 | 130,000 |
| 2020 | 183,000 |
| 2021 | 185,000 |
| 2022 | 213,000 |
| 2023 | 210,000 |
| 2024 | 250,000 |
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Number of Udemy Instructors
Instructors on Udemy can monetize their knowledge while helping millions of learners worldwide acquire new skills and there are 75,000 instructors on the platform.
| Year | Number of Instructors |
| 2019 | 50,000 |
| 2020 | 56,000 |
| 2021 | 64,000 |
| 2022 | 74,000 |
| 2024 | 75,000 |
Udemy instructors are independent educators who create and share courses on Udemy’s online learning platform. They earn revenue through student enrollments and have access to Udemy’s tools for course creation, marketing, and analytics to grow their reach.
Udemy Financial Statistics
The platform has seen steady revenue growth, including its IPO in 2021, underlining its role in shaping the online education market.
Below are some key financial statistics that highlight Udemy’s economic impact.
Udemy Revenue Over The Years
Udemy has made a revenue of $586.6 million in the first three quarters of 2024 with a 9% year-over-year growth. Udemy’s revenue has been consistently increasing at a CAGR of 27.44% since 2019.
The platform’s revenue is predicted to reach over $780 million by the end of the year.
| Year | Revenue |
| 2019 | $276.4 million |
| 2020 | $430 million |
| 2021 | $516 million |
| 2022 | $599.2 million |
| 2023 | $729 million |
| 2024 (As of Q3) | $586.6 million |
Udemy Revenue By Segments
Udemy’s consumer segment revenue stood at $364.3 million and business segment revenue stood at $222.3 million as of Q3 2024.
| Year | Consumer Segment Revenue | Business Segment Revenue |
| 2019 | $225.5 million | $50.9 million |
| 2020 | $326.4 million | $103.4 million |
| 2021 | $328.7 million | $187.0 million |
| 2022 | $359.5 million | $239.7 million |
| 2023 | $420.6 million | $308.3 million |
| 2024 (As of Q3) | $364.3 million | $222.3 million |
Udemy generates revenue from two key segments: its Consumer Segment, which earns from individual learners purchasing courses on the platform, and its Business Segment (Udemy Business), which provides subscription-based access to curated courses for corporate training. While the Consumer Segment contributes significantly, the Business Segment has shown faster growth in recent years, driven by rising demand for workplace skill development and a recurring revenue model.
Udemy Net Income
Udemy recorded a net loss of $75.4 million as of the first three quarters of 2024. The net loss for 2023 was $153.8 million.
| Year | Net Income |
| 2019 | – $70 million |
| 2020 | – $78 million |
| 2021 | – $80 million |
| 2022 | – $153.8 million |
| 2023 | – $107.3 million |
| 2024 | – $75.4 million |
Miscellaneous Udemy Statistics
- Udemy is available in over 75 different languages.
- There have been over 1 billion enrollments on Udemy to date.
- Udemy is available in over 180 countries. That means the platform has a presence in over 92% of the world’s countries.
- Udemy has 16,800 enterprise customers.
- Udemy has 1.32 million average monthly buyers.
- Udemy has a 104% large customer net dollar retention rate.
- Udemy’s market cap is $1.16 billion and its enterprise value is $816.38 million.
- 80% of Fortune 100 companies trust Udemy for employee upskilling.
- The top 5,000 instructors are making the vast majority of the revenue.
Udemy Funding Statistics
- Udemy has raised a total funding of $311 million over 9 rounds.
- Its latest funding round was in July 2021, for $4.4 million. While its first funding round was on August 31, 2010.
- Udemy (UDMY) opened on NASDAQ at $29 in October 2021 and the share is valued at $7.96 as of December 2024.
Udemy Employee Count Over The Years
Udemy had 1,443 employees in 2023. The number of employees decreased by 235 or -14% compared to the previous year.
| Year | Number of Employees |
| 2018 | 1,100 |
| 2019 | 1,238 |
| 2020 | 1,500 |
| 2021 | 1,238 |
| 2022 | 1,678 |
| 2023 | 1,443 |
Sources of data in this post: Udemy and Crunchbase.
