Growth Metrics

Udemy (UDMY) Other Working Capital Changes (2020 - 2025)

Udemy's Other Working Capital Changes history spans 6 years, with the latest figure at -$9.3 million for Q4 2025.

  • For Q4 2025, Other Working Capital Changes rose 63.88% year-over-year to -$9.3 million; the TTM value through Dec 2025 reached -$2.5 million, up 57.21%, while the annual FY2025 figure was -$2.5 million, 57.21% up from the prior year.
  • Other Working Capital Changes for Q4 2025 was -$9.3 million at Udemy, down from $6.4 million in the prior quarter.
  • Across five years, Other Working Capital Changes topped out at $35.5 million in Q1 2024 and bottomed at -$39.0 million in Q2 2024.
  • The 5-year median for Other Working Capital Changes is $2.7 million (2023), against an average of $289650.0.
  • The largest YoY upside for Other Working Capital Changes was 2117.57% in 2024 against a maximum downside of 5165.68% in 2024.
  • A 5-year view of Other Working Capital Changes shows it stood at $9.9 million in 2021, then plummeted by 49.35% to $5.0 million in 2022, then plummeted by 89.89% to $507000.0 in 2023, then crashed by 5165.68% to -$25.7 million in 2024, then surged by 63.88% to -$9.3 million in 2025.
  • Per Business Quant, the three most recent readings for UDMY's Other Working Capital Changes are -$9.3 million (Q4 2025), $6.4 million (Q3 2025), and -$34.4 million (Q2 2025).