Coursera COUR
Public, NYSE, reports in USD. Founded 2011.
Theme: Internet.
Digital education.
2025-08-01 — Marginally proftable, never high quality
Financials millions, USD
| Period | Revenue | Growth % | Gross margin % | R&D % | Operating income | Operating margin % | Net income | EPS (diluted) | Rule of 40 | basis |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 758m USD | 9.0 % | 54.6 % | 16.1 % | -78m USD | -10.3 % | -51m USD | -0.31 | -1.3 | |
| 2024 | 695m USD | 9.3 % | 53.5 % | 19.0 % | -102m USD | -14.7 % | -80m USD | -0.51 | -5.4 | |
| 2023 | 636m USD | 21.4 % | 51.9 % | 25.2 % | -151m USD | -23.8 % | -117m USD | -0.77 | -2.4 | |
| 2022 | 524m USD | – | 63.3 % | 31.5 % | -167m USD | -31.9 % | -175m USD | -1.21 | – | |
| 2026-Q2 | 299m USD | 59.6 % | 58.1 % | 14.6 % | -4.9m USD | -1.6 % | -80m USD | -0.34 | 58.0 | |
| 2026-Q1 | 196m USD | – | 55.5 % | 16.0 % | -25m USD | -12.9 % | -20m USD | -0.12 | – | |
| 2025-Q4 | 197m USD | – | 54.2 % | 16.7 % | -32m USD | -16.4 % | -27m USD | -0.16 | – | |
| 2025-Q3 | 194m USD | – | 54.6 % | 15.4 % | -16m USD | -8.0 % | -8.6m USD | -0.05 | – | |
| 2025-Q2 | 187m USD | – | 54.9 % | 15.7 % | -15m USD | -8.1 % | -7.8m USD | -0.05 | – |
Sources
- 2025: yfinance
- 2024: 2025_10-K_Summary_2026-07-10.xlsx
- 2023: 2025_10-K_Summary_2026-07-10.xlsx
- 2022: 2025_10-K_Summary_2026-07-10.xlsx
- 2026-Q2: yfinance
- 2026-Q1: yfinance
- 2025-Q4: yfinance
- 2025-Q3: yfinance
- 2025-Q2: yfinance
Latest quarter 2026-Q2, ended 2026-06-30, vs 2025-Q2
| 2026-Q2 | 2025-Q2 | change | |
|---|---|---|---|
| Revenue | 299m USD | 187m USD | +112m (+60 %) |
| Op. margin | -1.6 % | -8.1 % | +6.4 pts |
| FCF | -28m USD | 30m USD | -58m |
| Op. income | -4.9m USD | ||
| Net income | -80m USD | ||
| EPS (diluted) | -0.34 |
Cash flow millions, USD
| Period | Cash from operations | Capex | Free cash flow | FCF margin % | CFO / net income % | NOPAT | Unlevered FCF | Levered FCF | Net change in cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | 109m USD | 20m USD | 89m USD | 11.8 % | – | – | – | – | 65m USD |
| 2024 | 95m USD | 19m USD | 77m USD | 11.0 % | – | – | – | – | 70m USD |
| 2023 | 30m USD | 16m USD | 13m USD | 2.1 % | – | – | – | – | 335m USD |
| 2022 | -38m USD | 14m USD | -52m USD | -9.9 % | – | – | – | – | -260m USD |
NOPAT = op. income × (1 − effective tax rate); UFCF = NOPAT + D&A + ΔNWC − capex; LFCF = FCF + net debt issued.
Quotes
| Price | 5.37 USD | 2026-09-15 | |
|---|---|---|---|
| Market cap | 1.5bn USD | 2026-09-15 | |
| 52w high | 12.32 USD | 2026-09-15 | |
| 52w low | 5.00 USD | 2026-09-15 | |
| Off 52w high % | -56.5 % | ||
| P/S | 2.0 | ||
| Lifetime CAGR | -1.8 % |
Notes
- 2025-08-01 opinion Marginally proftable, never high quality