Udemy, Inc.UDMY

Market cap

$751.09M

P/E ratio

	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Cash and cash equivalents	534	314	306	191
Restricted cash, current	-	-	3	0
Marketable securities	-	152	171	164
Accounts receivable, net	73	105	93	88
Prepaid expenses and other current assets	16	15	21	23
Deferred contract costs, current	19	30	39	41
Total current assets	642	615	632	506
Property and equipment, net	10	7	4	5
Capitalized software, net	20	27	31	32
Operating lease right-of-use assets	-	11	6	11
Restricted Cash, Noncurrent	3	4	1	1
Deferred contract costs, non-current	26	35	36	32
Strategic investments	10	12	10	-
Intangible assets, net	14	9	5	2
Goodwill	13	13	13	13
Other assets	3	4	3	4
Total assets	740	738	741	606
Accounts payable	35	15	3	6
Accrued expenses and other current liabilities	40	31	28	31
Content costs payable	36	37	40	38
Accrued compensation and benefits	22	23	24	29
Operating Lease, Liability, Current	-	7	6	3
Deferred revenue, current	208	274	279	291
Total current liabilities	341	387	380	397
Operating Lease, Liability, Noncurrent	-	7	1	8
Deferred revenue, non-current	2	4	3	2
Other Liabilities, Noncurrent	7	0	0	0
Total liabilities	350	398	384	408
Common Stock, Value, Issued	0	0	0	0
Additional paid-in capital	848	952	1,077	1,002
Accumulated other comprehensive income (loss)	-0	-0	0	-0
Accumulated deficit	-459	-612	-720	-805
Total stockholders’ equity	390	339	357	197
Total liabilities and stockholders' equity	740	738	741	606