Udemy (UDMY) Total Liabilities (2020 - 2026)
Udemy's (UDMY) quarterly Total Liabilities came in at $422.4 million in Q1 2026, down 1.68% year-on-year from $429.6 million in Q1 2025, and up 3.73% quarter-over-quarter from $407.2 million in Q4 2025.
Udemy (UDMY) Total Liabilities (2020 - 2026) Analysis & Trends
Udemy has disclosed Total Liabilities across 7 years of filings, most recently posting $422.4 million for Q1 2026.
- Total Liabilities for Q1 2026 came in at $422.4 million, down 1.68% year-over-year; the trailing twelve-month figure through Mar 2026 was $422.4 million (down 1.68% YoY), and the FY2025 annual result was $407.2 million, changed 0.24% from the prior year.
- Total Liabilities came in at $422.4 million for Q1 2026 at Udemy, up from $407.2 million in the prior quarter.
- In the past five years, Total Liabilities ranged from a high of $429.6 million in Q1 2025 to a low of $358.4 million in Q1 2022.
- The 5-year median for Total Liabilities is $398.3 million (2022), against an average of $398.6 million.
- Across the five-year window, Total Liabilities surged 39.09% in 2022 and declined 3.77% in 2025, its largest moves.
- Udemy's Total Liabilities stood at $398.3 million in 2022, then dropped by 3.5% to $384.3 million in 2023, then increased by 6.23% to $408.2 million in 2024, then retreated by 0.24% to $407.2 million in 2025, then grew by 3.73% to $422.4 million in 2026.
- The last three Total Liabilities figures came in at $422.4 million (Q1 2026), $407.2 million (Q4 2025), and $397.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | 97.35 Mn |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | 1.23 Bn |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 3.38 Bn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 1.37 Bn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 805.01 Mn |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 271.70 Mn |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 4.76 Bn |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 512.28 Mn |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 288.86 Mn |
| 10 | Udemy | 672.44 Mn | 419.78 Mn | 129.27 Mn | 422.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 422.41 Mn |
| Dec 31, 2025 | 407.24 Mn |
| Sep 30, 2025 | 397.09 Mn |
| Jun 30, 2025 | 410.60 Mn |
| Mar 31, 2025 | 429.63 Mn |
| Dec 31, 2024 | 408.23 Mn |
| Sep 30, 2024 | 412.65 Mn |
| Jun 30, 2024 | 419.69 Mn |
| Mar 31, 2024 | 411.96 Mn |
| Dec 31, 2023 | 384.30 Mn |
| Sep 30, 2023 | 390.66 Mn |
| Jun 30, 2023 | 389.02 Mn |
| Mar 31, 2023 | 391.82 Mn |
| Dec 31, 2022 | 398.26 Mn |
| Sep 30, 2022 | 373.88 Mn |
| Jun 30, 2022 | 371.04 Mn |
| Mar 31, 2022 | 358.38 Mn |
| Dec 31, 2021 | 350.15 Mn |
| Sep 30, 2021 | 282.50 Mn |
| Jun 30, 2021 | 266.77 Mn |