UDMY vs. COUR

Last updated Apr 1, 2026

Compare and contrast key facts about Udemy, Inc. (UDMY) and Coursera, Inc. (COUR).

Performance

UDMY vs. COUR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Udemy, Inc. (UDMY) and Coursera, Inc. (COUR). The values are adjusted to include any dividend payments, if applicable.

UDMY vs. COUR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
UDMY Udemy, Inc.	-21.03%	-28.92%	-44.13%	39.62%	-46.01%	-28.95%
COUR Coursera, Inc.	-20.92%	-13.41%	-56.12%	63.74%	-51.60%	-29.99%

Fundamentals

Market Cap UDMY : $673.14M COUR : $973.10M
EPS UDMY : $0.03 COUR : -$0.31
PS Ratio UDMY : 0.87 COUR : 1.27
PB Ratio UDMY : 3.20 COUR : 1.53
Total Revenue (TTM) UDMY : $789.84M COUR : $757.50M
Gross Profit (TTM) UDMY : $518.41M COUR : $413.40M
EBITDA (TTM) UDMY : $22.78M COUR : -$33.60M

Returns By Period

The year-to-date returns for both investments are quite close, with UDMY having a -21.03% return and COUR slightly higher at -20.92%.

UDMY

• 1D: 1.32%
• 1M: -8.15%
• YTD: -21.03%
• 6M: -34.09%
• 1Y: -40.46%
• 3Y*: -19.42%
• 5Y*: —
• 10Y*: —

COUR

• 1D: 1.57%
• 1M: -9.20%
• YTD: -20.92%
• 6M: -50.30%
• 1Y: -12.61%
• 3Y*: -20.36%
• 5Y*: -33.80%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

UDMY vs. COUR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UDMY

UDMY Risk / Return Rank: 9
UDMY Sharpe Ratio Rank: 10
UDMY Sortino Ratio Rank: 11
UDMY Omega Ratio Rank: 12
UDMY Calmar Ratio Rank: 5
UDMY Martin Ratio Rank: 5

COUR

COUR Risk / Return Rank: 33
COUR Sharpe Ratio Rank: 32
COUR Sortino Ratio Rank: 32
COUR Omega Ratio Rank: 32
COUR Calmar Ratio Rank: 34
COUR Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UDMY vs. COUR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Udemy, Inc. (UDMY) and Coursera, Inc. (COUR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	UDMY	COUR	Difference
Sharpe ratio Return per unit of total volatility	-0.76	-0.21	-0.55
Sortino ratio Return per unit of downside risk	-1.00	0.09	-1.09
Omega ratio Gain probability vs. loss probability	0.88	1.01	-0.13
Calmar ratio Return relative to maximum drawdown	-0.95	-0.25	-0.69
Martin ratio Return relative to average drawdown	-1.70	-0.47	-1.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UDMY vs. COUR - Sharpe Ratio Comparison

The current UDMY Sharpe Ratio is -0.76, which is lower than the COUR Sharpe Ratio of -0.21. The chart below compares the historical Sharpe Ratios of UDMY and COUR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	UDMY	COUR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.76	-0.21	-0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.57	-0.57	0.00

Correlation

The correlation between UDMY and COUR is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

UDMY vs. COUR - Dividend Comparison

Neither UDMY nor COUR has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

UDMY vs. COUR - Drawdown Comparison

The maximum UDMY drawdown since its inception was -85.98%, roughly equal to the maximum COUR drawdown of -90.50%. Use the drawdown chart below to compare losses from any high point for UDMY and COUR.

Drawdown Indicators

	UDMY	COUR	Difference
Max Drawdown Largest peak-to-trough decline	-85.98%	-90.50%	+4.52%
Max Drawdown (1Y) Largest decline over 1 year	-44.81%	-56.61%	+11.80%
Max Drawdown (5Y) Largest decline over 5 years	—	-90.50%	—
Current Drawdown Current decline from peak	-85.14%	-89.97%	+4.83%
Average Drawdown Average peak-to-trough decline	-66.61%	-72.37%	+5.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.98%	30.42%	-5.44%

Volatility

UDMY vs. COUR - Volatility Comparison

Udemy, Inc. (UDMY) and Coursera, Inc. (COUR) have volatilities of 14.14% and 14.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UDMY	COUR	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.14%	14.41%	-0.27%
Volatility (6M) Calculated over the trailing 6-month period	36.41%	33.88%	+2.53%
Volatility (1Y) Calculated over the trailing 1-year period	53.41%	59.76%	-6.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.91%	59.19%	-0.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.91%	59.19%	-0.28%

Financials

UDMY vs. COUR - Profitability Comparison

The chart below illustrates the profitability comparison between Udemy, Inc. and Coursera, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

UDMY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Udemy, Inc. reported a gross profit of 128.05M and revenue of 193.99M. Therefore, the gross margin over that period was 66.0%.

COUR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Coursera, Inc. reported a gross profit of 106.80M and revenue of 196.90M. Therefore, the gross margin over that period was 54.2%.

UDMY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Udemy, Inc. reported an operating income of -3.43M and revenue of 193.99M, resulting in an operating margin of -1.8%.

COUR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Coursera, Inc. reported an operating income of -32.30M and revenue of 196.90M, resulting in an operating margin of -16.4%.

UDMY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Udemy, Inc. reported a net income of -2.33M and revenue of 193.99M, resulting in a net margin of -1.2%.

COUR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Coursera, Inc. reported a net income of -26.80M and revenue of 196.90M, resulting in a net margin of -13.6%.