Udemy (UDMY) Receivables (2020 - 2026)
Udemy's (UDMY) quarterly Receivables came in at $97.1 million in Q1 2026, down 12.62% year-on-year from $111.2 million in Q1 2025, and up 1.3% quarter-over-quarter from $95.9 million in Q4 2025.
Udemy (UDMY) Receivables (2020 - 2026) Analysis & Trends
Udemy has disclosed Receivables across 7 years of filings, most recently posting $97.1 million for Q1 2026.
- Receivables for Q1 2026 came in at $97.1 million, down 12.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $97.1 million (down 12.62% YoY), and the FY2025 annual result was $95.9 million, up 8.7% from the prior year.
- Receivables came in at $97.1 million for Q1 2026 at Udemy, up from $95.9 million in the prior quarter.
- In the past five years, Receivables ranged from a high of $111.2 million in Q1 2025 to a low of $67.8 million in Q1 2022.
- The 5-year median for Receivables is $87.0 million (2023), against an average of $87.6 million.
- Across the five-year window, Receivables jumped 76.31% in 2022 and dropped 12.62% in 2026, its largest moves.
- Udemy's Receivables stood at $104.9 million in 2022, then slipped by 11.79% to $92.6 million in 2023, then slipped by 4.69% to $88.2 million in 2024, then rose by 8.7% to $95.9 million in 2025, then gained by 1.3% to $97.1 million in 2026.
- The last three Receivables figures came in at $97.1 million (Q1 2026), $95.9 million (Q4 2025), and $76.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | - |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | 175.95 Mn |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 578.99 Mn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 173.26 Mn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 959.30 Mn |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 117.79 Mn |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 386.05 Mn |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 44.62 Mn |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 46.55 Mn |
| 10 | Udemy | 672.44 Mn | 419.78 Mn | 129.27 Mn | 97.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 97.14 Mn |
| Dec 31, 2025 | 95.89 Mn |
| Sep 30, 2025 | 76.56 Mn |
| Jun 30, 2025 | 84.44 Mn |
| Mar 31, 2025 | 111.17 Mn |
| Dec 31, 2024 | 88.22 Mn |
| Sep 30, 2024 | 81.16 Mn |
| Jun 30, 2024 | 82.08 Mn |
| Mar 31, 2024 | 99.77 Mn |
| Dec 31, 2023 | 92.56 Mn |
| Sep 30, 2023 | 82.86 Mn |
| Jun 30, 2023 | 87.00 Mn |
| Mar 31, 2023 | 96.42 Mn |
| Dec 31, 2022 | 104.93 Mn |
| Sep 30, 2022 | 71.68 Mn |
| Jun 30, 2022 | 69.41 Mn |
| Mar 31, 2022 | 67.80 Mn |
| Dec 31, 2021 | 73.28 Mn |
| Sep 30, 2021 | 40.66 Mn |
| Dec 31, 2020 | 46.56 Mn |