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Udemy, Inc. (UDMY)
May 11, 2026 - UDMY was delisted (reason: acquired by COUR)
4.630
0.00 (0.00%)
Inactive · Last trade price on May 8, 2026

Udemy Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
3.81-85.29-107.29-153.88-80.03
Depreciation & Amortization
4.565.527.098.626
Other Amortization
86.3479.5565.6644.8827.09
Loss (Gain) From Sale of Investments
-3.192.01-5.72-
Stock-Based Compensation
68.7590.0296.0581.2934.68
Provision & Write-off of Bad Debts
3.361.551.660.960.33
Other Operating Activities
5.347.087.036.9-
Change in Accounts Receivable
-11.052.7910.31-32.31-27
Change in Accounts Payable
3.310.05-14.43-28.627.27
Change in Unearned Revenue
1.7811.134.1467.7366.57
Change in Other Net Operating Assets
-75.35-71.37-66.52-58.52-42.02
Operating Cash Flow
87.6653.04-2.01-60.96-7.1
Operating Cash Flow Growth
65.26%----

Investing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-5.8-2.3-0.63-1.56-5.34
Cash Acquisitions
-1.5---1.5-24.49
Sale (Purchase) of Intangibles
-11.88-12.48-12.43-14.16-12.87
Investment in Securities
39.8115.85-11.91-156-10
Investing Cash Flow
20.631.08-24.97-173.23-52.69

Financing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Issuance of Common Stock
4.259.425.9616.34426.07
Repurchase of Common Stock
-71.27-181.15-6.76--
Other Financing Activities
-1.44---1.59-7.43
Financing Cash Flow
-68.46-171.7519.214.76418.63

Net Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
0.24-0.120.02-0.03-
Net Cash Flow
40.06-117.75-7.76-219.45358.84

Free Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
81.8650.74-2.64-62.52-12.44
Free Cash Flow Growth
61.31%----
Free Cash Flow Margin
10.36%6.45%-0.36%-9.94%-2.41%
Free Cash Flow Per Share
0.550.34-0.02-0.44-0.23
Levered Free Cash Flow
129.21139.0974.2919.9732.95
Unlevered Free Cash Flow
129.67139.0974.6120.7533.09

Additional Metrics

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
0.3-3.190.020.09
Cash Income Tax Paid
5.051.281.420.680.39
Change in Working Capital
-81.31-47.4-66.5-51.734.82
SEC Filings: 10-K · 10-Q