Udemy, Inc. logo UDMY - Udemy, Inc.

Inactive Ticker UDMY is not actively trading. Quotes and analytics may be stale.
Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 4
HOLD 8
SELL 0
STRONG
SELL 0
| PRICE TARGET: $5.00 DETAILS
HIGH: $5.00
LOW: $5.00
MEDIAN: $5.00
CONSENSUS: $5.00
UPSIDE: 7.99%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019
Revenue
Revenue 789.8 786.6 728.9 629.1 515.7 429.9 276.3
Cost of Revenue 271.4 294.6 309.6 275.3 236.0 209.3 143.5
Gross Profit 518.4 491.9 419.3 353.8 279.6 220.6 132.8
Operating Expenses
R&D Expenses 101.5 125.4 120.3 104.6 66.1 50.6 34.4
SG&A Expenses 419.5 439.1 410.6 400.4 291.4 243.4 166.5
Other Expenses 0 16.7 10.3 0 0 0.1 (0.4)
Operating Expenses 521.0 581.3 541.2 505.0 357.5 294.0 200.8
Operating Income
Operating Income (2.6) (89.3) (121.9) (151.2) (77.9) (73.4) (68.0)
Interest Expense 0 0.4 0.5 1.3 0.0 1.1 0
Interest Income 14.2 19.7 20.7 5.5 0.0 0 0.1
Profitability
EBITDA 33.7 (89.3) (78.5) (129.1) (63.3) (62.3) (59.3)
EBIT 8.3 (89.3) (103.1) (150.3) (78.6) (73.4) (68.0)
Income Before Tax 8.3 (80.9) (103.6) (151.6) (78.8) (74.5) (68.3)
Income Tax Expense 4.5 4.3 3.7 2.3 1.2 3.1 1.4
Net Income 3.8 (85.3) (107.3) (153.9) (80.0) (77.6) (69.7)
Per Share Data
EPS (Basic) 0.03 -0.56 -0.71 -1.09 -0.56 -0.56 -2.17
EPS (Diluted) 0.03 -0.56 -0.71 -1.09 -0.56 -0.56 -2.17
Shares Outstanding 148.2 151.3 150.1 140.9 139.2 139.6 32.1
Metric 2025 2024 2023 2022 2021 2020 2019
Current Assets
Cash & Cash Equivalents 231.5 190.6 305.6 313.7 533.9 175.0 49.3
Short-Term Investments 127.3 163.8 171.4 151.7 0.7 0 0
Net Receivables 95.9 88.2 92.6 104.5 73.2 46.3 26.8
Inventory 0 0 0 0 0 0 0
Other Current Assets 44.1 63.7 62.8 30.2 21.6 1.1 1.0
Total Current Assets 524.2 506.3 632.3 615.0 641.9 227.3 79.7
Non-Current Assets
Property, Plant & Equipment 15.7 15.5 10.1 18.4 9.9 9.1 8.0
Goodwill 12.6 12.6 12.6 12.6 12.6 0 0
Intangible Assets 2.4 2.4 36.6 36.7 33.7 14.0 10.8
Long-Term Investments 0.2 1.1 10.3 12.1 10 2.9 2.5
Other Non-Current Assets 62.5 67.6 39.2 42.7 31.8 28.8 16.4
Total Non-Current Assets 93.5 99.3 108.9 122.6 98.0 54.8 37.6
Total Assets 617.7 605.6 741.2 737.6 739.9 282.1 117.3
Current Liabilities
Account Payables 8.2 6.3 2.5 14.5 34.6 23.7 16.3
Short-Term Debt 4.5 0 0 0 0 0 0
Deferred Revenue 0 291.1 279.4 273.9 208.3 141.4 87.0
Other Current Liabilities 327.2 97.6 29.6 59.4 44.4 66.9 66.8
Total Current Liabilities 400.1 397.5 380.1 386.9 341.3 263.8 183.9
Non-Current Liabilities
Long-Term Debt 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0
Other Non-Current Liabilities 0.2 0.0 0.0 0.5 6.5 3.9 2.6
Total Non-Current Liabilities 7.2 10.8 4.2 11.4 8.8 4.9 3.3
Total Liabilities 407.2 408.2 384.3 398.3 350.2 268.7 187.2
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0 0
Retained Earnings (801.2) (805.0) (719.7) (612.4) (458.5) (378.5) (300.9)
Accumulated Other Comprehensive Income 0.2 (0.0) 0.1 (0.2) (0.0) 0 0
Total Stockholders' Equity 210.5 197.4 356.9 339.3 389.7 13.4 (69.9)
Total Liabilities & Equity 617.7 605.6 741.2 737.6 739.9 282.1 117.3
Debt Metrics
Total Debt 10.2 10.8 6.9 13.5 0 0 0
Net Debt (221.3) (179.8) (298.6) (300.1) (533.9) (175.0) (49.3)
Metric 2025 2024 2023 2022 2021 2020 2019
Operating Activities
Net Income 3.8 (85.3) (107.3) (153.9) (77.5) (77.6) (69.7)
Depreciation & Amortization 25.4 25.4 24.6 21.2 15.3 11.1 8.7
Stock-Based Compensation 0 90.0 96.0 81.3 34.7 31.6 9.0
Change in Working Capital (81.3) (47.4) (66.5) (51.7) 2.3 36.9 31.7
Other Non-Cash Items 138.4 70.3 51.2 42.1 17.8 7.7 3.8
Operating Cash Flow 86.2 53.0 (2.0) (61.0) (7.1) 9.6 (16.5)
Investing Activities
Capital Expenditure (5.8) (14.8) (13.1) (15.7) (18.2) (14.5) (11.1)
Acquisitions 0 0 0 (1.5) (24.5) 0 0
Purchases of Investments (182.6) (336.9) (307.7) (163.5) (10) 0 (1.5)
Sales/Maturities of Investments 222.4 352.8 295.8 7.5 12.9 0 27.3
Other Investing Activities (13.4) (12.5) (12.4) (14.2) (12.9) (9.4) (7.8)
Investing Cash Flow 20.6 1.1 (25.0) (173.2) (52.7) (14.5) 14.6
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0
Stock Repurchased (51.0) (150.3) 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0
Other Financing Activities (20.3) (21.4) 19.2 14.8 3.4 10.4 11.3
Financing Cash Flow (67.0) (171.7) 19.2 14.8 418.6 131.1 11.3
Cash Position
Net Change in Cash 40.1 (117.7) (7.8) (219.5) 358.8 126.2 9.4
Cash at Beginning 191.8 309.6 317.3 536.8 177.9 51.8 42.3
Cash at End 231.9 191.8 309.6 317.3 536.8 177.9 51.8
Free Cash Flow 80.4 38.3 (15.1) (76.7) (25.3) (4.9) (27.6)
Key Metrics 2025 2024 2023 2022 2021 2020 2019
Income Statement
Revenue 789.8 786.6 728.9 629.1 515.7 429.9 276.3
Gross Profit 518.4 491.9 419.3 353.8 279.6 220.6 132.8
Operating Income (2.6) (89.3) (121.9) (151.2) (77.9) (73.4) (68.0)
Net Income 3.8 (85.3) (107.3) (153.9) (80.0) (77.6) (69.7)
EPS (Diluted) 0.03 -0.56 -0.71 -1.09 -0.56 -0.56 -2.17
Balance Sheet
Cash & Equivalents 231.5 190.6 305.6 313.7 533.9 175.0 49.3
Total Assets 617.7 605.6 741.2 737.6 739.9 282.1 117.3
Total Debt 10.2 10.8 6.9 13.5 0 0 0
Stockholders' Equity 210.5 197.4 356.9 339.3 389.7 13.4 (69.9)
Cash Flow
Operating Cash Flow 86.2 53.0 (2.0) (61.0) (7.1) 9.6 (16.5)
Capital Expenditure (5.8) (14.8) (13.1) (15.7) (18.2) (14.5) (11.1)
Free Cash Flow 80.4 38.3 (15.1) (76.7) (25.3) (4.9) (27.6)