Growth Metrics

Udemy (UDMY) Change in Receivables (2020 - 2026)

Quarterly results put Change in Receivables at $1.7 million for Q1 2026, down 93.21% from a year ago — trailing twelve months through Mar 2026 was -$12.3 million (down 186.0% YoY), and the annual figure for FY2025 was $11.0 million, up 496.02%.

Udemy has reported Change in Receivables over the past 7 years, most recently at $1.7 million for Q1 2026.

  • Change in Receivables reached $1.7 million in Q1 2026 per UDMY's latest filing, down from $19.9 million in the prior quarter.
  • Across five years, Change in Receivables topped out at $33.4 million in Q4 2022 and bottomed at -$26.4 million in Q2 2025.
  • Median Change in Receivables over the past 5 years was $1.7 million (2026), compared with a mean of $1.9 million.
  • The largest annual shift saw Change in Receivables soared 256.69% in 2022 before it plummeted 1076.74% in 2025.
  • Over 5 years, Change in Receivables stood at $33.4 million in 2022, then plummeted by 69.95% to $10.0 million in 2023, then decreased by 24.63% to $7.6 million in 2024, then surged by 162.26% to $19.9 million in 2025, then plummeted by 91.43% to $1.7 million in 2026.
  • Business Quant data shows Change in Receivables for UDMY at $1.7 million in Q1 2026, $19.9 million in Q4 2025, and -$7.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 51Talk Online Education 9.59 Bn 9.55 Bn 22.18 Mn -
2 Graham Holdings 4.73 Bn 3.72 Bn 841.00 Mn -48.47 Mn
3 Laureate Education 4.69 Bn 4.53 Bn -16.39 Mn -71.82 Mn
4 Grand Canyon Education 4.19 Bn 3.94 Bn 244.77 Mn 28.97 Mn
5 Stride 3.77 Bn 2.96 Bn 231.57 Mn -11.73 Mn
6 Perdoceo Education 2.11 Bn 1.43 Bn 174.68 Mn -
7 Universal Technical Institute 2.01 Bn 1.84 Bn 103.97 Mn 6.94 Mn
8 Strategic Education 1.71 Bn 1.55 Bn - 8.03 Mn
9 Lincoln Educational Services 1.46 Bn 1.44 Bn 120.06 Mn 17.95 Mn
10 Udemy 672.44 Mn 419.78 Mn 129.27 Mn 1.70 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 1.70 Mn
Mar 31, 2026 1.70 Mn
Dec 31, 2025 19.87 Mn
Dec 31, 2025 19.87 Mn
Sep 30, 2025 -7.44 Mn
Sep 30, 2025 -7.44 Mn
Jun 30, 2025 -26.44 Mn
Jun 30, 2025 -26.44 Mn
Mar 31, 2025 25.06 Mn
Mar 31, 2025 25.06 Mn
Dec 31, 2024 7.58 Mn
Dec 31, 2024 7.58 Mn
Sep 30, 2024 -632,000.00
Sep 30, 2024 -632,000.00
Jun 30, 2024 -17.69 Mn
Jun 30, 2024 -17.69 Mn
Mar 31, 2024 7.95 Mn
Mar 31, 2024 7.95 Mn
Dec 31, 2023 10.05 Mn
Dec 31, 2023 10.05 Mn
Sep 30, 2023 -3.84 Mn
Sep 30, 2023 -3.84 Mn
Jun 30, 2023 -8.72 Mn
Jun 30, 2023 -8.72 Mn
Mar 31, 2023 -7.81 Mn
Mar 31, 2023 -7.81 Mn
Dec 31, 2022 33.44 Mn
Dec 31, 2022 33.44 Mn
Sep 30, 2022 2.22 Mn
Sep 30, 2022 2.22 Mn
Jun 30, 2022 2.02 Mn
Jun 30, 2022 2.02 Mn
Mar 31, 2022 -5.37 Mn
Mar 31, 2022 -5.37 Mn
Dec 31, 2021 32.72 Mn
Dec 31, 2021 32.72 Mn
Sep 30, 2021 -2.39 Mn
Sep 30, 2021 -2.39 Mn
Jun 30, 2021 -1.29 Mn
Jun 30, 2021 -1.29 Mn
Mar 31, 2021 -2.04 Mn
Mar 31, 2021 -2.04 Mn
Dec 31, 2020 12.73 Mn
Dec 31, 2020 12.73 Mn