Udemy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	231.49	190.59	305.56	313.69	533.87
Short-Term Investments	127.26	163.84	171.37	151.69	-
Cash & Short-Term Investments	358.74	354.44	476.94	465.37	533.87
Cash Growth	1.21%	-25.69%	2.48%	-12.83%	205.01%
Accounts Receivable	95.89	88.22	92.56	104.53	73.18
Other Current Assets	69.58	63.68	62.84	45.11	34.83
Total Current Assets	524.21	506.33	632.33	615.01	641.87
Net Property, Plant & Equipment	15.73	15.48	10.13	18.39	9.89
Other Intangible Assets	31.41	33.98	36.61	36.74	33.65
Goodwill	12.65	12.65	12.65	12.65	12.65
Long-Term Investments	-	-	10.31	12.1	10
Other Long-Term Assets	33.69	37.19	39.17	42.67	31.79
Total Assets	617.7	605.63	741.2	737.57	739.85
Accounts Payable	8.2	6.31	2.51	14.53	34.63
Accrued Expenses	60.08	59.95	52.11	54.13	62.48
Current Portion of Leases	4.54	2.5	5.83	7	-
Unearned Revenue	294.07	291.11	279.41	273.94	208.27
Other Current Liabilities	33.18	37.61	40.28	37.31	35.96
Total Current Liabilities	400.07	397.48	380.13	386.91	341.34
Long-Term Leases	5.69	8.32	1.12	6.55	-
Other Long-Term Liabilities	1.48	2.44	3.05	4.81	8.81
Total Long-Term Liabilities	7.17	10.76	4.17	11.35	8.81
Total Liabilities	407.24	408.23	384.3	398.26	350.15
Common Stock	0	0	0	0	0
Additional Paid-in Capital	1,011	1,002	1,077	951.95	848.23
Accumulated Other Comprehensive Income	0.16	-0.01	0.08	-0.23	-0
Retained Earnings	-801.18	-804.99	-719.7	-612.4	-458.53
Total Common Shareholders' Equity	210.46	197.39	356.89	339.31	389.7
Shareholders' Equity	210.46	197.39	356.89	339.31	389.7
Total Liabilities & Equity	617.7	605.63	741.2	737.57	739.85
Total Debt	10.23	10.82	6.95	13.55	0
Net Cash (Debt)	348.52	343.62	469.99	451.83	533.87
Net Cash Growth	1.43%	-26.89%	4.02%	-15.37%	205.01%
Net Cash Per Share	2.32	2.27	3.13	3.21	9.71
Book Value	210.46	197.39	356.89	339.31	389.7
Book Value Per Share	1.40	1.30	2.38	2.41	7.09
Tangible Book Value	166.4	150.77	307.64	289.92	343.4
Tangible Book Value Per Share	1.11	1.00	2.05	2.06	6.25

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q