Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Udemy, Inc. is a global online learning and skills marketplace that operates at the intersection of education technology and corporate workforce development. The company provides a digital platform that enables individuals and organizations to access, create, and distribute on-demand educational content, primarily focused on professional, technical, and personal development skills. Udemy operates through a two-sided marketplace model, connecting learners with instructors who develop and publish courses across a wide range of subjects.
Udemy’s primary revenue drivers are its Consumer marketplace and its enterprise-focused subscription offering, Udemy Business, which serves organizations seeking to upskill and reskill employees. The company differentiates itself through its extensive global instructor network, large multilingual content library, and data-driven personalization of learning pathways. Founded in 2010 by Eren Bali, Gagan Biyani, and Oktay Caglar, Udemy began as an open online course platform and evolved into a publicly traded company following its initial public offering in 2021.
Business Operations
Udemy operates through two reportable business segments: Consumer and Enterprise. The Consumer segment generates revenue primarily from individual course purchases and personal subscription offerings, serving learners seeking self-paced education in areas such as technology, business, and creative skills. The Enterprise segment, branded as Udemy Business, offers subscription-based access to curated content for corporations, governments, and nonprofit organizations, representing the company’s fastest-growing revenue stream.
The company delivers its services through a proprietary cloud-based learning platform that supports mobile and web access, analytics, and content localization. Udemy operates internationally, with revenue generated from both domestic and foreign markets, and maintains subsidiaries that support regional operations. In 2021, Udemy expanded its enterprise learning capabilities through the acquisition of CorpU, a provider of cohort-based leadership and development programs for large organizations.
Strategic Position & Investments
Udemy’s strategic focus centers on expanding its enterprise learning business, increasing penetration within large and mid-sized organizations, and enhancing content quality through instructor incentives and curation. The company continues to invest in platform capabilities such as skills analytics, personalized learning pathways, and AI-assisted content discovery to improve learner outcomes and customer retention.
Strategic investments have largely supported enterprise growth and content differentiation rather than diversification into unrelated sectors. The acquisition of CorpU strengthened Udemy’s position in leadership development and cohort-based learning, complementing its on-demand model. Udemy is also engaged in emerging areas such as skills-based credentialing and data-driven workforce development, though the long-term revenue impact of these initiatives remains evolving based on available public disclosures.
Geographic Footprint
Udemy is headquartered in North America with its principal executive offices in San Francisco, California. The company maintains a significant global presence, serving learners and enterprise customers across Europe, Asia-Pacific, Latin America, and the Middle East. International markets account for a substantial portion of Udemy’s total revenue, particularly within the consumer segment.
Operationally, Udemy supports a multilingual platform with localized content in dozens of languages and maintains regional offices and subsidiaries to support sales, marketing, and customer success functions. The company’s instructor base and learner community are globally distributed, reinforcing its position as an international digital learning provider.
Leadership & Governance
Udemy is led by an executive team with experience in technology, enterprise software, and global marketplaces. Governance is overseen by a board of directors that includes company founders and independent members with backgrounds in education, finance, and digital platforms. The leadership team emphasizes a strategic vision centered on lifelong learning, workforce transformation, and scalable global education access.
Key executives include:
- Greg Brown – President and Chief Executive Officer
- Eren Bali – Founder and Executive Chairman
- Sarah Blanchard – Chief Financial Officer
- Hugo Sarrazin – Chief Product and Technology Officer
- Genefa Murphy – Chief Marketing Officer