Coursera, Inc.
COUR- Exchange
- NYSE
- Industry
- Services-Prepackaged Software
- SEC CIK
- 0001651562
In the last 90 days, Coursera, Inc. insiders filed 2 open-market purchases and 3 sales; 251 institutions reported holding it in 13F filings for Q2 2026, worth $1.34B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 8, 2026, 10:55 PM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $51.0M (6.7% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 5, 2026 | Jan 30, 2025 | Feb 1, 2024 | Feb 9, 2023 | Feb 10, 2022 |
| Revenue | $757.5M | $694.7M | $635.8M | $523.8M | $415.3M |
| Cost of revenue | $344.1M | $323.3M | $306.0M | $192.3M | $165.8M |
| Gross profit | $413.4M | $371.4M | $329.8M | $331.5M | $249.5M |
| Operating expenses | $490.8M | $484.6M | $475.4M | $508.9M | $392.5M |
| Research and development | $121.6M | $132.0M | $160.1M | $165.1M | $135.4M |
| Selling, general and administrative | $114.4M | $108.7M | $98.3M | $105.9M | $77.8M |
| Operating income | -$77.4M | -$113.2M | -$145.6M | -$177.4M | -$143.1M |
| Interest expense | – | – | – | – | $0 |
| Income tax | $5.10M | $1.03M | $5.37M | $4.72M | $2.13M |
| Net income | -$51.0M | -$79.5M | -$116.6M | -$175.4M | -$145.2M |
| EPS, basic | $-0.31 | $-0.51 | $-0.77 | $-1.21 | – |
| EPS, diluted | $-0.31 | $-0.51 | $-0.77 | $-1.21 | – |
| Weighted shares, basic | 163.8M | 157.4M | 151.0M | 145.3M | – |
| Weighted shares, diluted | 163.8M | 157.4M | 151.0M | 145.3M | – |
| Margins and growth | |||||
| Gross margin | 54.6% | 53.5% | 51.9% | 63.3% | 60.1% |
| Operating margin | -10.2% | -16.3% | -22.9% | -33.9% | -34.4% |
| Net margin | -6.7% | -11.4% | -18.3% | -33.5% | -35.0% |
| Revenue growth, year over year | +9.0% | +9.3% | +21.4% | +26.1% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 5, 2026 | Jan 30, 2025 | Feb 1, 2024 | Feb 9, 2023 | Feb 10, 2022 |
| Cash and equivalents | $792.6M | $726.1M | $656.3M | $320.8M | $580.7M |
| Short-term investments | – | $0 | $65.7M | $459.7M | $241.1M |
| Accounts receivable | $65.4M | $59.7M | $67.4M | $53.7M | $34.4M |
| Total current assets | $898.1M | $830.7M | $832.5M | $876.0M | $892.3M |
| Property, plant and equipment | $43.4M | $36.9M | $30.4M | $27.1M | $24.7M |
| Intangible assets | $27.1M | $24.5M | $11.7M | $8.55M | $10.1M |
| Total assets | $1.00B | $930.3M | $920.5M | $947.6M | $958.9M |
| Total current liabilities | $357.9M | $327.5M | $298.3M | $242.4M | $201.1M |
| Total liabilities | $364.3M | $332.9M | $304.3M | $253.0M | $217.4M |
| Shareholders' equity | $635.7M | $597.4M | $616.2M | $694.6M | $741.5M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 5, 2026 | Jan 30, 2025 | Feb 1, 2024 | Feb 9, 2023 | Feb 10, 2022 |
| Operating cash flow | $108.7M | $95.4M | $29.6M | -$38.1M | $1.75M |
| Capital expenditures | $1.50M | $1.58M | $1.15M | $1.58M | $1.55M |
| Free cash flow | $107.2M | $93.8M | $28.5M | -$39.6M | $192.0K |
| Depreciation and amortization | $28.8M | $25.1M | $22.3M | $18.5M | $14.8M |
| Stock-based compensation | $95.1M | $108.1M | $109.6M | $110.8M | $91.2M |
| Share buybacks | $0 | $36.7M | $58.5M | – | – |
| Investing cash flow | -$30.2M | $29.9M | $384.8M | -$234.0M | -$51.6M |
| Financing cash flow | -$13.5M | -$54.9M | -$79.2M | $12.2M | $550.2M |
| Net change in cash | $65.0M | $70.3M | $335.2M | -$259.8M | $500.3M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 12.6% | 15.6% | 17.2% | 21.2% | 22.0% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 29, 2026 | 253.3M | +52.2% | SEC |
| Jul 29, 2026 | 264.4M | +61.5% | SEC |
| Apr 23, 2026 | 169.3M | +4.9% | SEC |
| Feb 13, 2026 | 168.2M | +5.0% | SEC |
| Oct 23, 2025 | 166.4M | +5.1% | SEC |
| Jul 24, 2025 | 163.7M | +4.3% | SEC |
| Apr 24, 2025 | 161.4M | +3.4% | SEC |
| Feb 14, 2025 | 160.2M | +2.1% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.