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Side-by-side financial comparison of PARK NATIONAL CORP (PRK) and Udemy, Inc. (UDMY). Click either name above to swap in a different company.

Udemy, Inc. is the larger business by last-quarter revenue ($194.0M vs $168.3M, roughly 1.2× PARK NATIONAL CORP). PARK NATIONAL CORP runs the higher net margin — 25.3% vs -1.2%, a 26.5% gap on every dollar of revenue. On growth, PARK NATIONAL CORP posted the faster year-over-year revenue change (2.2% vs -3.0%). PARK NATIONAL CORP produced more free cash flow last quarter ($191.9M vs $15.0M). Over the past eight quarters, PARK NATIONAL CORP's revenue compounded faster (4.9% CAGR vs -0.7%).

National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.

Udemy is a US-based education technology company. Founded as a massive open online course (MOOC) provider in 2010 by Eren Bali, Gagan Biyani, and Oktay Caglar; the company is based in San Francisco, California, with offices in the United States, Australia, India, Ireland, Mexico and Turkey. Its education platform allows both the creation and sharing of online courses. By early 2025, Udemy claimed to have millions of individual users. Courses are typically video-based and on-demand.

PRK vs UDMY — Head-to-Head

Bigger by revenue
UDMY
UDMY
1.2× larger
UDMY
$194.0M
$168.3M
PRK
Growing faster (revenue YoY)
PRK
PRK
+5.2% gap
PRK
2.2%
-3.0%
UDMY
Higher net margin
PRK
PRK
26.5% more per $
PRK
25.3%
-1.2%
UDMY
More free cash flow
PRK
PRK
$177.0M more FCF
PRK
$191.9M
$15.0M
UDMY
Faster 2-yr revenue CAGR
PRK
PRK
Annualised
PRK
4.9%
-0.7%
UDMY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PRK
PRK
UDMY
UDMY
Revenue
$168.3M
$194.0M
Net Profit
$42.6M
$-2.3M
Gross Margin
66.0%
Operating Margin
-1.8%
Net Margin
25.3%
-1.2%
Revenue YoY
2.2%
-3.0%
Net Profit YoY
10.4%
76.4%
EPS (diluted)
$2.62
$-0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PRK
PRK
UDMY
UDMY
Q4 25
$168.3M
$194.0M
Q3 25
$169.5M
$195.7M
Q2 25
$168.7M
$199.9M
Q1 25
$157.9M
$200.3M
Q4 24
$164.7M
$199.9M
Q3 24
$170.3M
$195.4M
Q2 24
$157.7M
$194.4M
Q1 24
$152.8M
$196.8M
Net Profit
PRK
PRK
UDMY
UDMY
Q4 25
$42.6M
$-2.3M
Q3 25
$47.2M
$1.6M
Q2 25
$48.1M
$6.3M
Q1 25
$42.2M
$-1.8M
Q4 24
$38.6M
$-9.9M
Q3 24
$38.2M
$-25.3M
Q2 24
$39.4M
$-31.8M
Q1 24
$35.2M
$-18.3M
Gross Margin
PRK
PRK
UDMY
UDMY
Q4 25
66.0%
Q3 25
65.9%
Q2 25
66.1%
Q1 25
64.6%
Q4 24
63.6%
Q3 24
63.0%
Q2 24
62.3%
Q1 24
61.2%
Operating Margin
PRK
PRK
UDMY
UDMY
Q4 25
-1.8%
Q3 25
34.3%
-0.1%
Q2 25
35.2%
2.0%
Q1 25
32.4%
-2.2%
Q4 24
-5.8%
Q3 24
27.4%
-15.1%
Q2 24
30.6%
-13.1%
Q1 24
27.8%
-11.5%
Net Margin
PRK
PRK
UDMY
UDMY
Q4 25
25.3%
-1.2%
Q3 25
27.8%
0.8%
Q2 25
28.5%
3.1%
Q1 25
26.7%
-0.9%
Q4 24
23.5%
-4.9%
Q3 24
22.4%
-12.9%
Q2 24
25.0%
-16.4%
Q1 24
23.0%
-9.3%
EPS (diluted)
PRK
PRK
UDMY
UDMY
Q4 25
$2.62
$-0.01
Q3 25
$2.92
$0.01
Q2 25
$2.97
$0.04
Q1 25
$2.60
$-0.01
Q4 24
$2.38
$-0.06
Q3 24
$2.35
$-0.17
Q2 24
$2.42
$-0.21
Q1 24
$2.17
$-0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PRK
PRK
UDMY
UDMY
Cash + ST InvestmentsLiquidity on hand
$233.5M
$358.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$210.5M
Total Assets
$9.8B
$617.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRK
PRK
UDMY
UDMY
Q4 25
$233.5M
$358.7M
Q3 25
$218.9M
$371.2M
Q2 25
$193.1M
$392.0M
Q1 25
$237.6M
$357.0M
Q4 24
$160.6M
$354.4M
Q3 24
$201.7M
$357.1M
Q2 24
$261.5M
$420.9M
Q1 24
$306.1M
$430.7M
Stockholders' Equity
PRK
PRK
UDMY
UDMY
Q4 25
$1.4B
$210.5M
Q3 25
$1.3B
$221.8M
Q2 25
$1.3B
$233.4M
Q1 25
$1.3B
$209.4M
Q4 24
$1.2B
$197.4M
Q3 24
$1.2B
$196.3M
Q2 24
$1.2B
$252.3M
Q1 24
$1.2B
$296.5M
Total Assets
PRK
PRK
UDMY
UDMY
Q4 25
$9.8B
$617.7M
Q3 25
$9.9B
$618.9M
Q2 25
$9.9B
$644.0M
Q1 25
$9.9B
$639.0M
Q4 24
$9.8B
$605.6M
Q3 24
$9.9B
$608.9M
Q2 24
$9.9B
$671.9M
Q1 24
$9.9B
$708.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PRK
PRK
UDMY
UDMY
Operating Cash FlowLast quarter
$198.3M
$15.5M
Free Cash FlowOCF − Capex
$191.9M
$15.0M
FCF MarginFCF / Revenue
114.1%
7.7%
Capex IntensityCapex / Revenue
3.8%
0.3%
Cash ConversionOCF / Net Profit
4.65×
TTM Free Cash FlowTrailing 4 quarters
$328.2M
$81.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRK
PRK
UDMY
UDMY
Q4 25
$198.3M
$15.5M
Q3 25
$52.6M
$15.7M
Q2 25
$49.7M
$44.2M
Q1 25
$37.9M
$12.2M
Q4 24
$178.8M
$9.6M
Q3 24
$43.8M
$-6.1M
Q2 24
$50.9M
$28.6M
Q1 24
$35.0M
$21.0M
Free Cash Flow
PRK
PRK
UDMY
UDMY
Q4 25
$191.9M
$15.0M
Q3 25
$51.1M
$15.1M
Q2 25
$48.4M
$41.9M
Q1 25
$36.8M
$9.8M
Q4 24
$169.7M
$8.4M
Q3 24
$41.7M
$-6.7M
Q2 24
$49.0M
$28.2M
Q1 24
$31.9M
$20.8M
FCF Margin
PRK
PRK
UDMY
UDMY
Q4 25
114.1%
7.7%
Q3 25
30.1%
7.7%
Q2 25
28.7%
21.0%
Q1 25
23.3%
4.9%
Q4 24
103.0%
4.2%
Q3 24
24.5%
-3.4%
Q2 24
31.1%
14.5%
Q1 24
20.8%
10.6%
Capex Intensity
PRK
PRK
UDMY
UDMY
Q4 25
3.8%
0.3%
Q3 25
0.9%
0.3%
Q2 25
0.8%
1.1%
Q1 25
0.7%
1.2%
Q4 24
5.6%
0.6%
Q3 24
1.2%
0.3%
Q2 24
1.2%
0.2%
Q1 24
2.1%
0.1%
Cash Conversion
PRK
PRK
UDMY
UDMY
Q4 25
4.65×
Q3 25
1.11×
9.58×
Q2 25
1.03×
7.06×
Q1 25
0.90×
Q4 24
4.63×
Q3 24
1.14×
Q2 24
1.29×
Q1 24
0.99×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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