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COUR

Coursera, Inc.

COUR

Coursera, Inc. • NYSE
$7.95 ▲ 0.13% (+0.01)
Market Cap $1.29 B
52w High $13.56
52w Low $5.76
Dividend Yield 0%
P/E -27.41
Volume 1.24M
Outstanding Shares 161.73M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $194.2M ▲ $121.6M ▲ $-8.6M ▼ -4.428% ▼ $-0.052 ▼ $-500K ▼
Q2-2025 $187.1M ▲ $117.8M ▲ $-7.8M -4.169% ▲ $-0.048 ▲ $400K ▲
Q1-2025 $179.3M ▲ $112.3M ▼ $-7.8M ▲ -4.35% ▲ $-0.05 ▲ $-8.2M ▲
Q4-2024 $179.18M ▲ $126.006M ▲ $-21.611M ▼ -12.061% ▼ $-0.14 ▼ $-17.351M ▼
Q3-2024 $176.089M $118.003M $-13.689M -7.774% $-0.087 $-15.663M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $797.7M ▲ $995.3M ▲ $355.8M ▲ $639.5M ▲
Q2-2025 $775.1M ▲ $979.9M ▲ $352.9M ▲ $627M ▲
Q1-2025 $748M ▲ $951.2M ▲ $340.7M ▲ $610.5M ▲
Q4-2024 $726.125M ▲ $930.274M ▲ $332.854M ▲ $597.42M ▲
Q3-2024 $719.439M $914.139M $320.857M $593.282M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-8.6M ▼ $33.9M ▼ $-7.3M ▼ $-3.9M ▼ $22.7M ▼ $33.7M ▼
Q2-2025 $-7.8M $35.5M ▲ $-6.9M ▲ $-1.5M ▲ $27.1M ▲ $35.1M ▲
Q1-2025 $-7.8M ▲ $33.5M ▲ $-8.2M ▲ $-5M ▼ $20.3M ▲ $33M ▲
Q4-2024 $-21.611M ▼ $19.215M ▼ $-11.834M ▼ $-648K ▲ $6.733M ▼ $14.494M ▼
Q3-2024 $-13.689M $27.845M $-11.1M $-5.602M $11.171M $22.74M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Consumer Segment
Consumer Segment
 $100.00M ▲$120.00M ▲$120.00M ▲$130.00M ▲
Enterprise Segment
Enterprise Segment
 $60.00M ▲$60.00M ▲$60.00M ▲$60.00M ▲
Degrees Segment
Degrees Segment
 $20.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Coursera’s revenue has been growing steadily each year, showing that the platform is gaining traction with learners, businesses, and institutions. At the same time, the company is still losing money overall, but the losses have been shrinking as it scales and manages costs better. Gross profitability on the core learning business looks healthy, but spending on sales, marketing, and product development still keeps operating income in negative territory. Overall, the income statement tells a story of a company moving along a clear path from growth-at-all-costs toward more disciplined, improving profitability, but not yet at break-even.

Balance Sheet

Balance Sheet The balance sheet is a relative strength. Coursera holds a large cash cushion compared with the size of its business, and it carries essentially no financial debt, which reduces financial risk. Total assets and shareholders’ equity have stayed solid and stable, suggesting the company has not overextended itself with acquisitions or borrowing to fund growth. This gives Coursera flexibility to keep investing through industry cycles and to absorb bumps in performance without immediate financial stress.

Cash Flow

Cash Flow Coursera’s cash flow profile has improved meaningfully. The business has shifted from using cash in its operations to generating cash from them, a key sign that the underlying model is becoming more self-sustaining. Capital spending needs are modest, so most operating cash can flow through to free cash flow. While the absolute amounts are still small, the direction of travel—toward consistently positive free cash flow—is encouraging from a financial quality standpoint.

Competitive Edge

Competitive Edge Coursera occupies a strong position in online education, anchored by well-known university partners and major technology and industry brands. Its large global learner base and broad catalog of degrees, certificates, and short courses create a network effect that is difficult for smaller rivals to copy. The brand benefits from being associated with recognized institutions, which helps its credentials stand out in a crowded market of online courses. Competition in ed-tech remains intense, but Coursera’s scale, content partnerships, and multi-segment focus on individuals, businesses, governments, and campuses give it a defensible foothold.

Innovation and R&D

Innovation and R&D Innovation is a central part of Coursera’s strategy. The company is leaning heavily into artificial intelligence, using tools like an AI coach, AI-assisted course creation, and automated translations to improve learning quality and reduce content production costs. It is also pushing career-aligned products—such as professional certificates and modular degree pathways—that are closely linked to job outcomes, which can deepen relationships with both learners and employers. Future efforts appear focused on expanding AI features, growing enterprise and government solutions, and tailoring offerings to international markets, all of which require continued investment in product development and data capabilities.

Summary

Coursera looks like a growing education platform that is transitioning from a pure growth story toward a more balanced model that cares about efficiency and cash generation. Revenue has been rising steadily, losses are narrowing, and cash flow has moved into positive territory, supported by a strong cash-rich, low-debt balance sheet. Strategically, the company benefits from powerful partners, a large global learner base, and a clear emphasis on job-relevant, credentialed learning, reinforced by aggressive use of AI. The main questions going forward center on execution: how effectively Coursera can convert its scale and AI investments into durable profitability, maintain its content edge in a crowded market, and sustain growth across consumer, enterprise, and government customers without overspending.

NEWS

November 18, 2025 · 12:00 PM UTC

Coursera Partners with Anthropic and Launches New AI Content to Drive Responsible AI Innovation and Workforce Transformation at Scale

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November 17, 2025 · 9:00 AM UTC

Coursera Announces Appointment of Interim CFO

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November 13, 2025 · 4:10 PM UTC

Coursera to Hold Virtual Chat with Chief Executive Officer Greg Hart

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October 23, 2025 · 4:10 PM UTC

Coursera Reports Third Quarter 2025 Financial Results

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October 6, 2025 · 2:23 PM UTC

Coursera Partners with OpenAI to Bring Learning Capabilities into the First Generation of Apps in ChatGPT

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