UDMY - NASDAQ

Udemy, Inc.

UDMY·NASDAQ

$4.63

+0.0000%

Consumer DefensiveEducation & Training Services

Udemy, Inc. operates a marketplace platform for teaching and learning skills in the United States and internationally. The company offers technical and business skills, and personal development courses for individual learners and enterprise customers. Its platform provides 49 million learners with access to approximately 180,000 courses through direct-to-consumer or Udemy Business offerings in approximately 75 languages. The company's courses offer learning objectives, such as reskilling or upskilling in technology and business, and soft skills, as well as learners receive access to interactive learning tools comprising quizzes, exercises, and instructor questions-and-answers. Udemy, Inc. was incorporated in 2010 and is headquartered in San Francisco, California.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$677.28M

EPS0.0257

P/E Ratio227.74

Earnings Date07/29/2026

617.70M

Assets

3Y-16.0%

5Y+119.0%

10Y+427.0%

407.24M

Total Liabilities

3Y+2.0%

5Y+52.0%

10Y+19.0%

210.46M

Total Equity

3Y-38.0%

5Y+1468.0%

10Y-193.0%

Udemy, Inc. Funding & Solvency Profile

UDMY · NASDAQ

Current Assets

Cash & Cash Equivalents231.49M

Net Receivables95.89M

Inventory0.00

Other Current Assets44.11M

Total Current Assets524 M

Non-Current Assets

Property, Plant & Equipment15.73M

Goodwill & Intangible Assets15.09M

Long-Term Investments183.00K

Other Non-Current Assets62.47M

Total Non-Current Assets78 M

Total Assets

617.70M

Financial Health Analysis

Current Ratio

1.31x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

1.93x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

124 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

85% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Udemy, Inc. Balance Sheet

UDMY • NASDAQ

Udemy, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	231.5M	190.6M	305.6M	313.7M	533.9M	175M	49.1M
Short-Term Investments	127.3M	163.8M	171.4M	151.7M	745K	0.0	295K
Cash & Short-Term Investments	358.7M	354.4M	476.9M	465.4M	534.6M	175M	49.4M
Net Receivables	95.9M	88.2M	92.6M	104.5M	73.2M	46.3M	26.8M
Accounts Receivables	95.9M	88.2M	92.6M	104.5M	73.2M	46.3M	26.8M
Prepaids	25.5M	0.0	0.0	14.9M	12.5M	4.9M	2.6M
Other Current Assets	44.1M	63.7M	62.8M	30.2M	21.6M	1.1M	5.5M
Total Current Assets	524.2M	506.3M	632.3M	615M	641.9M	227.3M	84.4M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	15.7M	15.5M	10.1M	18.4M	9.9M	9.1M	8M
Goodwill	12.6M	12.6M	12.6M	12.6M	12.6M	0.0	0.0
Intangible Assets	2.4M	2.4M	36.6M	36.7M	33.7M	14M	10.8M
Goodwill & Intangible Assets	15.1M	15.1M	49.3M	49.4M	46.3M	14M	10.8M
Long-Term Investments	183K	1.1M	10.3M	12.1M	10M	2.9M	2.5M
Tax Assets	0.0	0.0	0.0	0.0	0.0	0.0	-2.5M
Other Non-Current Assets	62.5M	67.6M	39.2M	42.7M	31.8M	28.8M	14.2M
Total Non-Current Assets	93.5M	99.3M	108.9M	122.6M	98M	54.8M	32.9M
Total Assets	617.7M	605.6M	741.2M	737.6M	739.9M	282.1M	117.3M
LIABILITIES
CURRENT LIABILITIES
Total Payables	8.2M	6.3M	51.5M	23.7M	81.4M	35.1M	20.5M
Accounts Payable	8.2M	6.3M	2.5M	14.5M	34.6M	23.7M	16.3M
Other Payables	0.0	0.0	49M	9.1M	46.7M	11.4M	4.2M
Accrued Expenses	60.1M	0.0	13.8M	22.9M	7.3M	20.4M	9.6M
Short Term Debt	4.5M	0.0	0.0	0.0	0.0	0.0	0.0
Capital Lease Obligations (Current)	0.0	2.5M	5.8M	7M	0.0	0.0	0.0
Tax Payables	0.0	9M	8.8M	9.1M	10.8M	11.4M	4.2M
Deferred Revenue	0.0	291.1M	279.4M	273.9M	208.3M	141.4M	87M
Other Current Liabilities	327.2M	97.6M	29.6M	59.4M	44.4M	66.9M	66.8M
Total Current Liabilities	400.1M	397.5M	380.1M	386.9M	341.3M	263.8M	183.9M
NON-CURRENT LIABILITIES
Deferred Revenue (Non-Current)	1.2M	2.4M	3M	4.3M	2.3M	937K	704K
Other Non-Current Liabilities	234K	6K	48K	464K	6.5M	3.9M	158.3M
Total Non-Current Liabilities	7.2M	10.8M	4.2M	11.4M	8.8M	4.9M	159M
Capital Lease Obligations	5.7M	10.8M	6.9M	13.5M	0.0	0.0	0.0
Total Liabilities	407.2M	408.2M	384.3M	398.3M	350.2M	268.7M	342.9M
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	0.0	0.0	0.0	0.0	274.1M	0.0
Common Stock	1K	1K	2K	1K	1K	0.0	0.0
Additional Paid-In Capital	1B	1B	1.1B	951.9M	848.2M	117.8M	75.3M
Retained Earnings	-801.2M	-805M	-719.7M	-612.4M	-458.5M	-378.5M	-300.9M
Accumulated Other Comprehensive Income/Loss	162K	-11K	80K	-233K	-1K	0.0	0.0
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	-155.6M
Total Stockholders' Equity	210.5M	197.4M	356.9M	339.3M	389.7M	13.4M	-225.6M
Total Equity	210.5M	197.4M	356.9M	339.3M	389.7M	13.4M	-225.6M
SUMMARY
Total Liabilities & Equity	617.7M	605.6M	741.2M	737.6M	739.9M	282.1M	117.3M
Total Investments	127.3M	165M	181.7M	163.8M	10.7M	2.9M	2.8M
Total Debt	10.2M	10.8M	6.9M	13.5M	0.0	0.0	0.0
Net Debt	-221.3M	-179.8M	-298.6M	-300.1M	-533.9M	-175M	-49.1M
Shares Outstanding	148,470,340	148,470,340	148,470,340	148,470,340	148,470,340	148,470,340	148,470,340

SEC Filings

UDMY - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 11, 2026	May 11, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 11, 2026	March 31, 2026	2026	View Filing
10-K/A 10-K/A 2025 FY (Amended) FY	April 10, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	April 09, 2026	April 09, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 31, 2026	March 31, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 19, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 10, 2026	February 09, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 05, 2026	February 05, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 22, 2025	December 18, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 18, 2025	December 17, 2025	2025	View Filing

Showing 1 to 10 of 77 filings

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