Coursera, Inc.
Business
Coursera, Inc. is a global online learning platform that provides educational content and credentials to approximately 197 million learners across over 230 countries. The company offers courses, specializations, professional certificates, and fully online degrees created by more than 200 universities and 175 industry leaders. Coursera distributes its content through three main channels: Coursera.org for individual learners, Coursera for Business for employers, Coursera for Campus for academic institutions, and Coursera for Government for public-sector organizations.
Summary from 10-K filed 2026-02-23
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 758 | 695 | 636 | 524 | 415 | |
| Cost of revenue | 344 | 323 | 306 | 192 | 166 | |
| Gross profit | 413 | 371 | 330 | 331 | 249 | |
| Research and development | 122 | 132 | 160 | 165 | 135 | |
| Sales and marketing | 256 | 235 | 223 | 228 | 179 | |
| General and administrative | 114 | 109 | 98 | 106 | 78 | |
| Restructuring related charges | −900,000 | 9 | −6 | 10 | 0 | |
| Total operating expenses | 491 | 485 | 475 | 509 | 393 | |
| Loss from operations | −77 | −113 | −146 | −177 | −143 | |
| Interest income, net | 32 | 37 | 34 | 9 | 320,000 | |
| Other income (expense), net | −500,000 | −2 | 0 | −2 | −346,000 | |
| Loss before income taxes | −46 | −79 | −111 | −171 | −143 | |
| Income tax expense | 5 | 1 | 5 | 5 | 2 | |
| Net loss | −51 | −80 | −117 | −175 | −145 | |
| Net loss per sharebasic (in dollars per share) | −0.31 | −0.51 | −0.77 | −1.21 | −1.28 | |
| Net loss per sharediluted (in dollars per share) | −0.31 | −0.51 | −0.77 | −1.21 | −1.28 | |
| Weighted average shares used in computing net loss per sharebasic (in shares) | 164 | 157 | 151 | 145 | 114 | |
| Weighted average shares used in computing net loss per sharediluted (in shares) | 164 | 157 | 151 | 145 | 114 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 793 | 726 | 656 | 321 | 581 | |
| Accounts receivable, net | 65 | 60 | 67 | 54 | 34 | |
| Deferred costs, net | 20 | 25 | 26 | 24 | 20 | |
| Prepaid expenses and other current assets | 21 | 20 | 17 | 18 | 16 | |
| Total current assets | 898 | 831 | 832 | 876 | 892 | |
| Property, equipment, and software, net | 43 | 37 | 30 | 27 | 25 | |
| Intangible assets, net | 27 | 25 | 12 | 9 | 10 | |
| Other assets | 31 | 38 | 41 | 26 | 15 | |
| Total assets | 1,000 | 930 | 921 | 948 | 959 | |
| Content liabilities | 100 | 104 | 101 | 66 | 49 | |
| Other accounts payable and accrued expenses | 30 | 19 | 23 | 23 | 23 | |
| Accrued compensation and benefits | 37 | 32 | 22 | 21 | 18 | |
| Deferred revenue, current | 181 | 160 | 137 | 116 | 95 | |
| Other current liabilities | 11 | 13 | 8 | 7 | 8 | |
| Total current liabilities | 358 | 328 | 298 | 242 | 201 | |
| Deferred revenue, non-current | 1 | 2 | 3 | 3 | 4 | |
| Other liabilities | 5 | 4 | 3 | 2 | 559,000 | |
| Total liabilities | 364 | 333 | 304 | 253 | 217 | |
| Commitments and contingencies (Note 9) | — | — | — | — | — | |
| Preferred stock, $0.00001 par value10.0 shares authorized and no shares issued and outstanding as of December 31, 2025 and 2024 | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.00001 par value300.0 shares authorized as of December 31, 2025 and December 31, 2024; 167.9 shares issued and outstanding as of December 31, 2025, and 165.3 shares issued and 160.1 shares outstanding as of December 31, 2024 | 0 | 0 | 2,000 | 1,000 | 1,000 | |
| Additional paid-in capital | 1,547 | 1,507 | 1,460 | 1,364 | 1,235 | |
| Treasury stock, at costnone and 5.2 shares as of December 31, 2025 and 2024 | 0 | −49 | −63 | −5 | −5 | |
| Accumulated deficit | −911 | −860 | −781 | −664 | −489 | |
| Total stockholders equity | 636 | 597 | 616 | 695 | 742 | |
| Total liabilities and stockholders equity | 1,000 | 930 | 921 | 948 | 959 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 29 | 25 | 22 | 19 | 15 | |
| Stock-based compensation expense | 95 | 108 | 110 | 111 | 91 | |
| Impairment losses | 4 | 2 | 3 | 6 | 0 | |
| Other | −300,000 | 600,000 | −12 | 1 | −448,000 | |
| Accounts receivable, net | −6 | 7 | −15 | −21 | 6 | |
| Prepaid expenses and other assets | 7 | 7 | −12 | −18 | −6 | |
| Accounts payable and accrued expenses | 8 | −2 | 34 | 18 | 16 | |
| Accrued compensation and other liabilities | 2 | 6 | −5 | 3 | 8 | |
| Deferred revenue | 21 | 21 | 21 | 20 | 18 | |
| Net cash provided by operating activities | 109 | 95 | 30 | −38 | 2 | |
| Purchases of marketable securities | 0 | 0 | −122 | −594 | −242 | |
| Proceeds from maturities of marketable securities | 0 | 66 | 530 | 375 | 205 | |
| Purchases of property, equipment, and software | −2 | −2 | −1 | −2 | −2 | |
| Capitalized internal-use software costs | −18 | −17 | −15 | −12 | −12 | |
| Purchase of minority interest | 0 | 0 | −2 | 0 | 0 | |
| Purchases of content assets | −11 | −17 | −5 | −1 | −1 | |
| Net cash provided by (used in) investing activities | −30 | 30 | 385 | −234 | −52 | |
| Proceeds from exercise of stock options | 10 | 9 | 27 | 18 | 32 | |
| Proceeds from employee stock purchase plan | 4 | 6 | 6 | 7 | 6 | |
| Payments for repurchases of common stock | 0 | −37 | −59 | 0 | 0 | |
| Payments for tax withholding on vesting of restricted stock units | −28 | −33 | −54 | −12 | −7 | |
| Net cash used in financing activities | −14 | −55 | −79 | 12 | 550 | |
| Net increase in cash, cash equivalents, and restricted cash | 65 | 70 | 335 | −260 | 500 | |
| Cash paid for income taxes, net of refunds | 6 | 5 | 6 | 4 | 3 | |
| Stock-based compensation capitalized as internal-use software costs | 8 | 8 | 7 | 5 | 5 | |
| Capital Expenditures Incurred but Not yet Paid | 4 | 2 | 1 | 0 | 577,000 | |
| Right-of-use asset obtained in exchange for operating lease liability | 2 | 3 | 0 | 0 | 295,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Coursera, Inc.'s CIK number?
Coursera, Inc.'s SEC CIK number is 0001651562 (1651562). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Coursera, Inc.'s SEC filings?
All of Coursera, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Coursera, Inc. last report earnings?
Coursera, Inc. (COUR) most recently filed an earnings 8-K with the SEC on Apr 23, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001651562-26-000023). This is Coursera, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Coursera, Inc.'s most recent earnings 8-K?
Coursera, Inc.'s latest earnings 8-K (Item 2.02) was filed Apr 23, 2026 under accession 0001651562-26-000023. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Coursera, Inc.'s latest earnings 8-K →
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