UDMY · As filed with the SEC
Udemy balance sheet, by quarter
The statement as Udemy presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Condensed Consolidated Balance Sheets · USD thousands
| USD thousands | Q1 2026 Mar 31, 2026 | Q4 2025 Dec 31, 2025 | Q3 2025 Sep 30, 2025 | Q2 2025 Jun 30, 2025 | Q1 2025 Mar 31, 2025 | Q4 2024 Dec 31, 2024 | Q3 2024 Sep 30, 2024 | Q2 2024 Jun 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | 252,563 | 231,485 | 235,929 | 230,258 | 189,617 | 190,592 | 204,563 | 272,364 |
| Restricted cash, current | 101 | 201 | 203 | 203 | 0 | 100 | 100 | 100 |
| Marketable securities | 105,256 | 127,259 | 135,292 | 161,718 | 167,398 | 163,844 | 152,546 | 148,559 |
| Accounts receivable, net | 97,139 | 95,891 | 76,560 | 84,441 | 111,172 | 88,216 | 81,164 | 82,078 |
| Prepaid expenses and other current assets | 30,527 | 25,469 | 28,587 | 22,919 | 26,133 | 22,735 | 24,778 | 19,922 |
| Deferred contract costs, current | 48,046 | 43,908 | 47,567 | 47,957 | 46,736 | 40,841 | 44,861 | 44,881 |
| Total current assets | 533,632 | 524,213 | 524,138 | 547,496 | 541,056 | 506,328 | 508,012 | 567,904 |
| Property and equipment, net | 6,395 | 6,694 | 6,976 | 7,186 | 6,765 | 4,534 | 3,320 | 3,842 |
| Capitalized software, net | 28,773 | 28,964 | 29,122 | 29,490 | 30,760 | 31,548 | 33,275 | 32,883 |
| Operating lease right-of-use assets | 8,697 | 9,040 | 10,117 | 9,104 | 10,035 | 10,950 | 11,833 | 12,742 |
| Restricted cash, non-current | 904 | 183 | 912 | 912 | 1,115 | 1,115 | 1,115 | 1,115 |
| Deferred contract costs, non-current | 27,089 | 28,010 | 26,636 | 28,476 | 30,192 | 32,212 | 32,276 | 33,585 |
| Intangible assets, net | 2,031 | 2,448 | 2,865 | 3,281 | 2,198 | 2,428 | 2,656 | 3,314 |
| Goodwill | 12,646 | 12,646 | 12,646 | 12,646 | 12,646 | 12,646 | 12,646 | 12,646 |
| Strategic investments | 8,500 | — | — | — | — | 0 | 0 | 0 |
| Other assets | 5,920 | 5,500 | 5,492 | 5,365 | 4,226 | 3,867 | 3,772 | 3,908 |
| Total assets | 634,587 | 617,698 | 618,904 | 643,956 | 638,993 | 605,628 | 608,905 | 671,939 |
| Liabilities and stockholders' equity | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | 12,887 | 8,198 | 6,534 | 7,408 | 4,430 | 6,311 | 4,273 | 3,670 |
| Accrued expenses and other current liabilities | 49,344 | 32,126 | 26,190 | 27,585 | 30,171 | 31,156 | 25,459 | 34,830 |
| Content costs payable | 28,214 | 33,175 | 32,275 | 33,167 | 34,485 | 37,607 | 36,299 | 35,650 |
| Accrued compensation and benefits | 20,982 | 27,958 | 22,953 | 20,356 | 22,317 | 28,793 | 32,179 | 20,213 |
| Operating lease liabilities, current | 4,870 | 4,541 | 5,298 | 2,933 | 2,584 | 2,502 | 4,689 | 4,711 |
| Deferred revenue, current | 299,857 | 294,071 | 295,926 | 311,223 | 326,331 | 291,106 | 299,955 | 309,769 |
| Total current liabilities | 416,154 | 400,069 | 389,176 | 402,672 | 420,318 | 397,475 | 402,854 | 408,843 |
| Operating lease liabilities, non-current | 4,851 | 5,686 | 6,670 | 6,286 | 7,286 | 8,315 | 7,424 | 8,370 |
| Deferred revenue, non-current | 1,136 | 1,248 | 1,240 | 1,635 | 2,025 | 2,438 | 2,364 | 2,457 |
| Other liabilities, non-current | 268 | 234 | 5 | 5 | 5 | 6 | 6 | 15 |
| Total liabilities | 422,409 | 407,237 | 397,091 | 410,598 | 429,634 | 408,234 | 412,648 | 419,685 |
| Stockholders' equity: | ||||||||
| Common stock, $0.00001 par value - 950,000,000 shares authorized; 145,937,121 and 145,050,642 shares issued and outstanding as of March 31, 2026, and December 31, 2025, respectively. | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Additional paid-in capital | 1,025,943 | 1,011,477 | 1,020,518 | 1,033,803 | 1,016,130 | 1,002,390 | 991,176 | 1,022,147 |
| Accumulated other comprehensive income | 27 | 162 | 144 | 46 | (15) | (11) | 202 | (44) |
| Accumulated deficit | (813,793) | (801,179) | (798,850) | (800,492) | (806,757) | (804,986) | (795,122) | (769,851) |
| Total stockholders’ equity | 212,178 | 210,461 | 221,813 | 233,358 | 209,359 | 197,394 | 196,257 | 252,254 |
| Total liabilities and stockholders' equity | 634,587 | 617,698 | 618,904 | 643,956 | 638,993 | 605,628 | 608,905 | 671,939 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.
Data on this page was fetched . The filing on SEC.gov is the record.
