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Side-by-side financial comparison of Udemy, Inc. (UDMY) and WORTHINGTON ENTERPRISES, INC. (WOR). Click either name above to swap in a different company.

WORTHINGTON ENTERPRISES, INC. is the larger business by last-quarter revenue ($327.5M vs $194.0M, roughly 1.7× Udemy, Inc.). WORTHINGTON ENTERPRISES, INC. runs the higher net margin — 8.3% vs -1.2%, a 9.5% gap on every dollar of revenue. On growth, WORTHINGTON ENTERPRISES, INC. posted the faster year-over-year revenue change (19.5% vs -3.0%). WORTHINGTON ENTERPRISES, INC. produced more free cash flow last quarter ($39.1M vs $15.0M).

Udemy is a US-based education technology company. Founded as a massive open online course (MOOC) provider in 2010 by Eren Bali, Gagan Biyani, and Oktay Caglar; the company is based in San Francisco, California, with offices in the United States, Australia, India, Ireland, Mexico and Turkey. Its education platform allows both the creation and sharing of online courses. By early 2025, Udemy claimed to have millions of individual users. Courses are typically video-based and on-demand.

Worthington Enterprises, Inc. is an American industrial manufacturing company headquartered in Columbus, Ohio. The company is composed of two business segments, consumer products and building products. Within these segments, the company designs and manufactures pressure vessels such as propane, oxygen and helium tanks, refrigerant and industrial cylinders, camping and residential use cylinders, water system tanks for storage, treatment, heating, expansion and flow control, as well as a variet...

UDMY vs WOR — Head-to-Head

Bigger by revenue
WOR
WOR
1.7× larger
WOR
$327.5M
$194.0M
UDMY
Growing faster (revenue YoY)
WOR
WOR
+22.5% gap
WOR
19.5%
-3.0%
UDMY
Higher net margin
WOR
WOR
9.5% more per $
WOR
8.3%
-1.2%
UDMY
More free cash flow
WOR
WOR
$24.1M more FCF
WOR
$39.1M
$15.0M
UDMY

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
UDMY
UDMY
WOR
WOR
Revenue
$194.0M
$327.5M
Net Profit
$-2.3M
$27.3M
Gross Margin
66.0%
25.8%
Operating Margin
-1.8%
3.7%
Net Margin
-1.2%
8.3%
Revenue YoY
-3.0%
19.5%
Net Profit YoY
76.4%
-3.3%
EPS (diluted)
$-0.01
$0.55

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
UDMY
UDMY
WOR
WOR
Q4 25
$194.0M
$327.5M
Q3 25
$195.7M
$303.7M
Q2 25
$199.9M
Q1 25
$200.3M
Q4 24
$199.9M
Q3 24
$195.4M
Q2 24
$194.4M
Q1 24
$196.8M
Net Profit
UDMY
UDMY
WOR
WOR
Q4 25
$-2.3M
$27.3M
Q3 25
$1.6M
$35.1M
Q2 25
$6.3M
Q1 25
$-1.8M
Q4 24
$-9.9M
Q3 24
$-25.3M
Q2 24
$-31.8M
Q1 24
$-18.3M
Gross Margin
UDMY
UDMY
WOR
WOR
Q4 25
66.0%
25.8%
Q3 25
65.9%
27.1%
Q2 25
66.1%
Q1 25
64.6%
Q4 24
63.6%
Q3 24
63.0%
Q2 24
62.3%
Q1 24
61.2%
Operating Margin
UDMY
UDMY
WOR
WOR
Q4 25
-1.8%
3.7%
Q3 25
-0.1%
3.0%
Q2 25
2.0%
Q1 25
-2.2%
Q4 24
-5.8%
Q3 24
-15.1%
Q2 24
-13.1%
Q1 24
-11.5%
Net Margin
UDMY
UDMY
WOR
WOR
Q4 25
-1.2%
8.3%
Q3 25
0.8%
11.6%
Q2 25
3.1%
Q1 25
-0.9%
Q4 24
-4.9%
Q3 24
-12.9%
Q2 24
-16.4%
Q1 24
-9.3%
EPS (diluted)
UDMY
UDMY
WOR
WOR
Q4 25
$-0.01
$0.55
Q3 25
$0.01
$0.70
Q2 25
$0.04
Q1 25
$-0.01
Q4 24
$-0.06
Q3 24
$-0.17
Q2 24
$-0.21
Q1 24
$-0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
UDMY
UDMY
WOR
WOR
Cash + ST InvestmentsLiquidity on hand
$358.7M
$180.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$210.5M
$962.6M
Total Assets
$617.7M
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
UDMY
UDMY
WOR
WOR
Q4 25
$358.7M
$180.3M
Q3 25
$371.2M
$167.1M
Q2 25
$392.0M
Q1 25
$357.0M
Q4 24
$354.4M
Q3 24
$357.1M
Q2 24
$420.9M
Q1 24
$430.7M
Stockholders' Equity
UDMY
UDMY
WOR
WOR
Q4 25
$210.5M
$962.6M
Q3 25
$221.8M
$959.1M
Q2 25
$233.4M
Q1 25
$209.4M
Q4 24
$197.4M
Q3 24
$196.3M
Q2 24
$252.3M
Q1 24
$296.5M
Total Assets
UDMY
UDMY
WOR
WOR
Q4 25
$617.7M
$1.8B
Q3 25
$618.9M
$1.7B
Q2 25
$644.0M
Q1 25
$639.0M
Q4 24
$605.6M
Q3 24
$608.9M
Q2 24
$671.9M
Q1 24
$708.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
UDMY
UDMY
WOR
WOR
Operating Cash FlowLast quarter
$15.5M
$51.5M
Free Cash FlowOCF − Capex
$15.0M
$39.1M
FCF MarginFCF / Revenue
7.7%
11.9%
Capex IntensityCapex / Revenue
0.3%
3.8%
Cash ConversionOCF / Net Profit
1.89×
TTM Free Cash FlowTrailing 4 quarters
$81.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
UDMY
UDMY
WOR
WOR
Q4 25
$15.5M
$51.5M
Q3 25
$15.7M
$41.1M
Q2 25
$44.2M
Q1 25
$12.2M
Q4 24
$9.6M
Q3 24
$-6.1M
Q2 24
$28.6M
Q1 24
$21.0M
Free Cash Flow
UDMY
UDMY
WOR
WOR
Q4 25
$15.0M
$39.1M
Q3 25
$15.1M
$27.9M
Q2 25
$41.9M
Q1 25
$9.8M
Q4 24
$8.4M
Q3 24
$-6.7M
Q2 24
$28.2M
Q1 24
$20.8M
FCF Margin
UDMY
UDMY
WOR
WOR
Q4 25
7.7%
11.9%
Q3 25
7.7%
9.2%
Q2 25
21.0%
Q1 25
4.9%
Q4 24
4.2%
Q3 24
-3.4%
Q2 24
14.5%
Q1 24
10.6%
Capex Intensity
UDMY
UDMY
WOR
WOR
Q4 25
0.3%
3.8%
Q3 25
0.3%
4.3%
Q2 25
1.1%
Q1 25
1.2%
Q4 24
0.6%
Q3 24
0.3%
Q2 24
0.2%
Q1 24
0.1%
Cash Conversion
UDMY
UDMY
WOR
WOR
Q4 25
1.89×
Q3 25
9.58×
1.17×
Q2 25
7.06×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

UDMY
UDMY

Segment breakdown not available.

WOR
WOR

Building Products$207.5M63%
Equity Method Investment Nonconsolidated Investee Other$120.7M37%

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