Coursera Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-51	-79.53	-116.55	-175.36	-145.22
Depreciation & Amortization	28.8	7.34	5.38	5.38	5.02
Other Amortization	-	17.75	16.89	13.13	9.68
Asset Writedown & Restructuring Costs	3.7	2.23	3.06	6.12	0.06
Loss (Gain) From Sale of Investments	-	-0.24	-13.81	-0.9	0.5
Stock-Based Compensation	95.1	108.08	109.57	110.79	91.18
Other Operating Activities	-0.3	0.79	1.5	1.09	-0.45
Change in Accounts Receivable	-5.7	7.21	-14.76	-20.6	5.86
Change in Accounts Payable	8	-2.32	33.97	17.89	16.32
Change in Unearned Revenue	21	21.21	21.31	20.29	17.85
Change in Other Net Operating Assets	9.1	12.85	-16.92	-15.88	0.94
Operating Cash Flow	108.7	95.36	29.64	-38.05	1.75
Operating Cash Flow Growth	13.99%	221.74%	-	-	-
Capital Expenditures	-1.5	-1.59	-1.15	-1.58	-1.55
Sale (Purchase) of Intangibles	-28.7	-34.51	-20.6	-13.68	-13.28
Investment in Securities	-	66	406.54	-218.77	-36.78
Investing Cash Flow	-30.2	29.9	384.8	-234.02	-51.61
Issuance of Common Stock	14.1	15.02	33.35	24.42	563.45
Repurchase of Common Stock	-27.6	-69.97	-112.58	-11.89	-7.17
Other Financing Activities	-	-	-	-0.3	-6.12
Financing Cash Flow	-13.5	-54.94	-79.23	12.23	550.16
Net Cash Flow	65	70.32	335.21	-259.84	500.29
Free Cash Flow	107.2	93.78	28.49	-39.63	0.19
Free Cash Flow Growth	14.31%	229.13%	-	-	-
Free Cash Flow Margin	14.15%	13.50%	4.48%	-7.57%	0.05%
Free Cash Flow Per Share	0.65	0.60	0.19	-0.27	0.00
Cash Income Tax Paid	-	5.31	6.38	4.06	2.84
Levered Free Cash Flow	74.96	74.9	60.4	29.07	48.24
Unlevered Free Cash Flow	74.96	74.9	60.4	29.07	48.24
Change in Working Capital	32.4	38.95	23.61	1.7	40.97

Source: S&P Global Market Intelligence. Standard template. Financial Sources.