In 2025, Udemy hit its first profitable year, but its Q4 2025 ended in a loss. A few days after announcing the numbers, the stock reached an all-time low. The company didn’t have an earnings call, nor did it release an investor presentation because of its pending merger with Coursera. The earnings call would have been helpful to break down the numbers, since the numbers look bleak from an investor’s perspective. The overall revenue has fallen for the first time since the company went public, a

In October, Class Central wrote about CreativeLive shutting down on December 31, 2025. That article led to a series of events that actually saved the platform. Just two weeks before the deadline, on December 15, CourseHorse, an online marketplace of live classes, workshops, and experiences, acquired it for an undisclosed amount. The website is no longer closing at the end of the year. In 2021, Fiverr acquired it for $11 million. Four years later, in May 2025, the platform stopped accepting new

Duolingo’s market value ($13.49B) now eclipses both Coursera and Udemy combined, driven by explosive user growth and surging quarterly revenue.

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