Udemy, Inc. (UDMY) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 533.63M | 524.21M | 524.14M | 547.5M | 541.06M | 506.33M | 508.01M | 567.9M | 603.43M | 632.33M | 621.71M | 605.34M | 595.02M | 615.01M | 608.4M | 622.22M | 617.02M | 641.87M | 183.43M | 233.52M |
| Cash & Short-Term Investments | 357.82M | 358.74M | 371.22M | 391.98M | 357.01M | 354.44M | 357.11M | 420.92M | 430.69M | 476.94M | 479.44M | 465.51M | 445.25M | 465.37M | 494.08M | 512.61M | 511.31M | 534.61M | 130.18M | 164.35M |
| Cash Only | 252.56M | 231.49M | 235.93M | 230.26M | 189.62M | 190.59M | 204.56M | 272.36M | 256.81M | 305.56M | 327.97M | 323.23M | 275.63M | 313.69M | 427.91M | 512.17M | 510.96M | 533.87M | 130.18M | 163.2M |
| Short-Term Investments | 105.26M | 127.26M | 135.29M | 161.72M | 167.4M | 163.84M | 152.55M | 148.56M | 173.88M | 171.37M | 151.47M | 142.29M | 169.61M | 151.69M | 66.17M | 447K | 340K | 745K | 0 | 1.15M |
| Accounts Receivable | 97.14M | 95.89M | 76.56M | 84.44M | 111.17M | 88.22M | 81.16M | 82.08M | 99.77M | 92.56M | 82.86M | 87M | 96.42M | 104.53M | 71.58M | 69.31M | 67.7M | 73.18M | 40.66M | 42.76M |
| Days Sales Outstanding | 45.38 | 40.89 | 37.85 | 44.53 | 44.8 | 38.97 | 38.43 | 42.57 | 44.45 | 42.57 | 42.3 | 46.82 | 51.25 | 49 | 40.91 | 40.71 | 41.65 | 38.66 | 29.62 | 30.86 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35.93M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | 42.16 | - | - | - | - | - | - | - |
| Other Current Assets | 78.67M | 69.58M | 76.36M | 71.08M | 72.87M | 63.68M | 69.74M | 64.9M | 72.97M | 62.84M | 59.42M | 52.83M | 0 | 30.23M | 32.83M | 29.95M | 26.28M | 21.61M | 4.91M | 20.54M |
| Total Non-Current Assets | 100.95M | 93.48M | 94.77M | 96.46M | 97.94M | 99.3M | 100.89M | 104.03M | 105.03M | 108.87M | 114.78M | 116.8M | 121.88M | 122.55M | 122M | 123.77M | 121.87M | 97.98M | 106.53M | 53.15M |
| Property, Plant & Equipment | 15.09M | 15.73M | 17.09M | 16.29M | 16.8M | 15.48M | 15.15M | 16.58M | 8.27M | 10.13M | 12.15M | 14.11M | 16.05M | 18.39M | 20.75M | 22.75M | 24.93M | 9.89M | 10.59M | 10.67M |
| Fixed Asset Turnover | 12.42x | 11.82x | 11.72x | 12.08x | 12.41x | 13.05x | 12.31x | 15.64x | 21.39x | 17.02x | 14.07x | 11.82x | 10.24x | 8.45x | 7.28x | 6.42x | 8.74x | 13.23x | 12.19x | 11.82x |
| Goodwill | 12.65M | 12.65M | 12.65M | 12.65M | 12.65M | 12.65M | 12.65M | 12.65M | 12.65M | 12.65M | 12.65M | 12.65M | 12.65M | 12.65M | 12.65M | 12.65M | 12.65M | 12.65M | 12.65M | 0 |
| Intangible Assets | 2.03M | 2.45M | 31.99M | 32.77M | 32.96M | 2.43M | 35.93M | 36.2M | 36.36M | 36.61M | 37.1M | 37.55M | 37.31M | 36.74M | 36.28M | 34.98M | 34.22M | 33.65M | 33.25M | 17.48M |
| Long-Term Investments | 8.5M | 0 | 0 | 0 | 0 | 1.11M | 0 | 0 | 10.31M | 10.31M | 10.31M | 10.31M | 12.1M | 12.1M | 12.1M | 15M | 15M | 10M | 2.9M | 0 |
| Other Non-Current Assets | 62.69M | 62.66M | 33.04M | 34.75M | 35.53M | 67.63M | 37.16M | 38.61M | 37.43M | 39.17M | 42.57M | 42.19M | 43.77M | 42.67M | 40.21M | 38.39M | 35.07M | 31.79M | 47.14M | 25M |
| Total Assets | 634.59M | 617.7M | 618.9M | 643.96M | 638.99M | 605.63M | 608.9M | 671.94M | 708.45M | 741.2M | 736.49M | 722.14M | 716.9M | 737.57M | 730.39M | 745.99M | 738.89M | 739.85M | 289.95M | 286.67M |
| Asset Turnover | 0.31x | 0.31x | 0.31x | 0.31x | 0.32x | 0.33x | 0.31x | 0.28x | 0.27x | 0.26x | 0.25x | 0.25x | 0.24x | 0.23x | 0.21x | 0.21x | 0.21x | 0.26x | 0.45x | 0.44x |
| Asset Growth % | -0.69% | 1.99% | 1.64% | -4.16% | -9.8% | -18.29% | -17.32% | -6.95% | -1.18% | 0.49% | 0.84% | -3.2% | -2.98% | -0.31% | 151.9% | 160.23% | - | 162.27% | - | - |
| Total Current Liabilities | 416.15M | 400.07M | 389.18M | 402.67M | 420.32M | 397.48M | 402.85M | 408.84M | 408.29M | 380.13M | 386.45M | 383.53M | 382.53M | 386.91M | 358.25M | 353.87M | 339.6M | 341.34M | 276.95M | 273.66M |
| Accounts Payable | 12.89M | 8.2M | 6.53M | 7.41M | 4.43M | 6.31M | 4.27M | 3.67M | 3.08M | 2.51M | 5.66M | 5.31M | 10.79M | 14.53M | 17.06M | 17.32M | 16.27M | 34.63M | 26.22M | 25.27M |
| Days Payables Outstanding | 15.27 | 10.28 | 9.6 | 7.94 | 6.82 | 6.69 | 5.05 | 4.18 | 3.32 | 4.7 | 6.54 | 9.65 | 14.86 | 19.64 | 22.9 | 23.23 | 34.48 | 43.65 | 40.85 | 41.07 |
| Short-Term Debt | 4.87M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 299.86M | 294.07M | 295.93M | 311.22M | 326.33M | 291.11M | 299.95M | 309.77M | 315.56M | 279.41M | 279.65M | 285.35M | 276.05M | 273.94M | 237.85M | 240.63M | 227.7M | 208.27M | 165.86M | 162.75M |
| Other Current Liabilities | 98.54M | 93.26M | 29.57M | 25.87M | 29.66M | 97.56M | 37.6M | 24.97M | 20.15M | 29.58M | 31.42M | 31.99M | 53.47M | 59.42M | 46.83M | 41.35M | 41.29M | 44.37M | 61.9M | 38.08M |
| Current Ratio | 1.28x | 1.31x | 1.35x | 1.36x | 1.29x | 1.27x | 1.26x | 1.39x | 1.48x | 1.66x | 1.61x | 1.58x | 1.56x | 1.59x | 1.70x | 1.76x | 1.82x | 1.88x | 0.66x | 0.85x |
| Quick Ratio | 1.28x | 1.31x | 1.35x | 1.36x | 1.29x | 1.27x | 1.26x | 1.39x | 1.48x | 1.66x | 1.61x | 1.58x | 1.46x | 1.59x | 1.70x | 1.76x | 1.82x | 1.88x | 0.66x | 0.85x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | 78.56 | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 6.25M | 7.17M | 7.92M | 7.93M | 9.32M | 10.76M | 9.79M | 10.84M | 3.67M | 4.17M | 4.2M | 5.49M | 9.29M | 11.35M | 15.63M | 17.17M | 18.78M | 8.81M | 5.54M | 279.78M |
| Long-Term Debt | 4.85M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 5.69M | 6.67M | 6.29M | 7.29M | 8.31M | 7.42M | 8.37M | 945K | 1.12M | 1.66M | 3.28M | 4.92M | 6.54M | 8.01M | 9.73M | 11.46M | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.4M | 234K | 5K | 5K | 5K | 6K | 6K | 15K | 390K | 48K | 26K | 30K | 21K | 464K | 4.52M | 4.42M | 4.51M | 6.53M | 4.18M | 278.56M |
| Total Liabilities | 422.41M | 407.24M | 397.09M | 410.6M | 429.63M | 408.23M | 412.65M | 419.69M | 411.96M | 384.3M | 390.65M | 389.02M | 391.81M | 398.26M | 373.88M | 371.04M | 358.38M | 350.15M | 282.5M | 553.44M |
| Total Debt | 9.72M | 10.23M | 11.97M | 9.22M | 9.87M | 10.82M | 12.11M | 13.08M | 4.53M | 6.95M | 8.63M | 10.36M | 11.83M | 13.55M | 15.02M | 16.87M | 18.87M | 0 | 0 | 0 |
| Net Debt | -242.84M | -221.26M | -223.96M | -221.04M | -179.75M | -179.78M | -192.45M | -259.28M | -252.28M | -298.62M | -319.34M | -312.86M | -263.8M | -300.14M | -412.89M | -495.29M | -492.1M | -533.87M | -130.18M | -163.2M |
| Debt / Equity | 0.05x | 0.05x | 0.05x | 0.04x | 0.05x | 0.05x | 0.06x | 0.05x | 0.02x | 0.02x | 0.02x | 0.03x | 0.04x | 0.04x | 0.04x | 0.05x | 0.05x | - | - | - |
| Debt / EBITDA | - | 3.87x | 2.00x | 0.85x | 5.76x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | -83.68x | -37.47x | -20.34x | -104.93x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | 8.85x | 62.65x | -54.60x | -137.42x | -52.86x | -401.75x | -5769.67x | -360.46x | -127.68x | - | - | - | -44.37x | - | - | - | -159.77x | -63.43x |
| Total Equity | 212.18M | 210.46M | 221.81M | 233.36M | 209.36M | 197.39M | 196.26M | 252.25M | 296.49M | 356.89M | 345.84M | 333.12M | 325.08M | 339.31M | 356.52M | 374.95M | 380.51M | 389.7M | 7.46M | -266.77M |
| Equity Growth % | 1.35% | 6.62% | 13.02% | -7.49% | -29.39% | -44.69% | -43.25% | -24.28% | -8.79% | 5.18% | -2.99% | -11.15% | -14.57% | -12.93% | 4679.68% | 240.55% | 2735.59% | 2804.09% | - | - |
| Book Value per Share | 1.46 | 1.44 | 1.46 | 1.55 | 1.41 | 1.35 | 1.32 | 1.65 | 1.89 | 2.30 | 2.29 | 2.25 | 2.23 | 2.37 | 2.53 | 2.68 | 2.73 | 3.60 | 0.05 | -2.18 |
| Total Shareholders' Equity | 212.18M | 210.46M | 221.81M | 233.36M | 209.36M | 197.39M | 196.26M | 252.25M | 296.49M | 356.89M | 345.84M | 333.12M | 325.08M | 339.31M | 356.52M | 374.95M | 380.51M | 389.7M | 7.46M | -266.77M |
| Common Stock | 1K | 1K | 1K | 1K | 1K | 1K | 1K | 2K | 2K | 2K | 2K | 1K | 1K | 1K | 1K | 1K | 1K | 1K | 0 | 0 |
| Retained Earnings | -813.79M | -801.18M | -798.85M | -800.49M | -806.76M | -804.99M | -795.12M | -769.85M | -738.04M | -719.7M | -699.45M | -682.68M | -656.95M | -612.4M | -560.25M | -513.56M | -484.18M | -458.53M | -417.14M | -407.88M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 27K | 162K | 144K | 46K | -15K | -11K | 202K | -44K | -74K | 80K | -62K | -48K | -96K | -233K | -265K | -19K | 9K | -1K | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |