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Cash Flow Statement
Amortization of Deferred ChargesAmortizatization of IntangiblesAsset Writedowns and ImpairmentCapital ExpendituresCash from Financing ActivitiesCash from Investing ActivitiesCash from OperationsChange in Accured ExpensesChange in Acquisitions & DivestmentsChange in CashChange in ReceivablesDepreciation & Amortization (CF)Depreciation and DepletionExchange Rate EffectFree Cash FlowGains from Investment SecuritiesNet Cash FlowNet IncomeOther Working Capital ChangesOther financing activitiesShare-based CompensationShares Issued
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Udemy (UDMY) Share-based Compensation (2020 - 2025)

Udemy's Share-based Compensation history spans 6 years, with the latest figure at $15.1 million for Q4 2025.

  • For Q4 2025, Share-based Compensation fell 23.71% year-over-year to $15.1 million; the TTM value through Dec 2025 reached $68.8 million, down 23.63%, while the annual FY2025 figure was $68.8 million, 23.63% down from the prior year.
  • Share-based Compensation for Q4 2025 was $15.1 million at Udemy, down from $18.3 million in the prior quarter.
  • Across five years, Share-based Compensation topped out at $28.2 million in Q4 2022 and bottomed at $6.0 million in Q2 2021.
  • The 5-year median for Share-based Compensation is $19.0 million (2024), against an average of $18.5 million.
  • The largest annual shift saw Share-based Compensation surged 245.83% in 2022 before it dropped 28.36% in 2025.
  • A 5-year view of Share-based Compensation shows it stood at $11.0 million in 2021, then surged by 157.38% to $28.2 million in 2022, then fell by 18.17% to $23.1 million in 2023, then dropped by 14.53% to $19.8 million in 2024, then dropped by 23.71% to $15.1 million in 2025.
  • Per Business Quant, the three most recent readings for UDMY's Share-based Compensation are $15.1 million (Q4 2025), $18.3 million (Q3 2025), and $17.4 million (Q2 2025).