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Segment and geographic information
 12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Segment and geographic information Segment and geographic information
The Company’s Chief Executive Officer is its CODM. The CODM reviews separate financial information presented for the Company’s two segments, Consumer and Enterprise, in order to allocate resources and evaluate the Company’s financial performance.
The Consumer segment targets individual learners seeking to obtain hands-on learning, gain valuable job skills to advance their professional careers, or learn a new personal skill. The Enterprise segment is focused on helping business and government customers upskill and reskill their employees and public servants. The CODM measures the performance of each segment primarily based on segment revenue and segment gross profit.
Segment gross profit, as presented below, is defined as segment revenue less segment cost of revenue. Segment cost of revenue includes content costs, hosting and platform costs, customer support services, and payment processing fees that are allocable to each segment. Segment gross profit excludes amortization of capitalized software, depreciation, stock-based compensation, and amortization of intangible assets allocated to cost of revenue as the CODM does not include the information in his measurement of the performance of the operating segments. Additionally, the Company does not allocate sales and marketing expenses, research and development expenses, and general and administrative expenses because the CODM does not include the information in his measurement of the performance of the operating segments. The Udemy platform supports the operations of each segment.
The CODM does not use asset information by segments to assess performance and make decisions regarding allocation of resources, and the Company does not track its long-lived assets by segment. The geographic identification of these assets is set forth below.
Financial information for each reportable segment was as follows (in thousands):
Fiscal Year Ended December 31,
202120202019
Revenue
Consumer$328,703 $326,454 $225,500 
Enterprise186,954 103,445 50,827 
Total Revenue$515,657 $429,899 $276,327 
Segment cost of revenue
Consumer159,342 165,804 118,669 
Enterprise63,984 35,519 18,906 
Total segment cost of revenue$223,326 $201,323 $137,575 
Segment gross profit
Consumer169,361 160,650 106,831 
Enterprise122,970 67,926 31,921 
Total segment gross profit$292,331 $228,576 $138,752 
Reconciliation of segment gross profit to gross profit
Amortization of capitalized software9,293 6,894 4,909 
Amortization of intangible assets1,022 — — 
Depreciation760 618 727 
Stock-based compensation1,623 418 299 
Total reconciling items12,698 7,930 5,935 
Total gross profit$279,633 $220,646 $132,817 
Subsequent to the issuance of the Company’s consolidated financial statements as of and for the years ended December 31, 2020 and 2019, the Company identified an error in the classification of segment cost of revenue between the Consumer and Enterprise segments. Management corrected the error in the table above by decreasing Consumer segment cost of revenue and increasing Enterprise segment cost of revenue by $6.7 million for the year ended December 31, 2020, and by decreasing Consumer segment cost of revenue and increasing Enterprise segment cost of revenue by $4.1 million for the year ended December 31, 2019. Consumer segment gross profit increased by $6.7 million and $4.1 million for the years ended December 31, 2020 and 2019, respectively, and Enterprise segment gross profit decreased by $6.7 million and $4.1 million for
the years ended December 31, 2020 and 2019, respectively. Management considers such corrections to be immaterial to the previously issued consolidated financial statements.

Geographic Information
Revenue: The following table summarizes the revenue by region based on the IP address at the time of registration of the Company’s customers (in thousands):
Fiscal Year Ended December 31,
202120202019
North America$199,268 $168,612 $113,604 
Europe, Middle East, Africa168,612 139,005 88,637 
Asia Pacific107,924 85,847 47,047 
Latin America39,853 36,435 27,039 
Total revenue$515,657 $429,899 $276,327 
No single country other than the United States represented 10% or more of the Company’s total revenue during the fiscal years ended December 31, 2021, 2020 and 2019.
Long-lived assets: The following table presents the Company’s long-lived assets, which consist of tangible property and equipment, net of depreciation, by geographic region (in thousands):
December 31,December 31,
20212020
North America$6,922 $5,327 
Rest of world2,832 3,653 
Total long-lived assets$9,754 $8,980