arXiv:2508.15423v1 Announce Type: cross Abstract: Pre-trained language models (PLMs) have emerged as powerful tools for code understanding. However, deploying these PLMs in large-scale applications faces practical challenges due to their computational intensity and inference latency. Knowledge distillation (KD), a promising model compression and acceleration technique, addresses these limitations by transferring knowledge from large teacher models to compact student models, enabling efficient inference while preserving most of the teacher models' capabilities. While this technique has shown remarkable success in natural language processing and computer vision domains, its potential for code understanding tasks remains largely underexplored. In this paper, we systematically investigate the effectiveness and usage of KD in code understanding tasks. Our study encompasses two popular types of KD methods, i.e., logit-based and feature-based KD methods, experimenting across eight student models and two teacher PLMs from different domains on three downstream tasks. The experimental results indicate that KD consistently offers notable performance boosts across student models with different sizes compared with standard fine-tuning. Notably, code-specific PLM demonstrates better effectiveness as the teacher model. Among all KD methods, the latest feature-based KD methods exhibit superior performance, enabling student models to retain up to 98% teacher performance with merely 5% parameters. Regarding student architecture, our experiments reveal that similarity with teacher architecture does not necessarily lead to better performance. We further discuss the efficiency and behaviors in the KD process and inference, summarize the implications of findings, and identify promising future directions.