Coursera Income 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
Revenue	757.5	694.7	635.8	523.76	415.29
Revenue Growth (YoY)	9.04%	9.26%	21.39%	26.12%	41.49%
Cost of Revenue	344.1	323.3	306	192.28	165.82
Gross Profit	413.4	371.4	329.8	331.48	249.47
Selling, General & Admin	370.1	343.6	321.1	333.58	257.12
Research & Development	121.6	132.1	160.1	165.13	135.41
Other Operating Expenses	-0.9	8.9	-5.8	10.15	-
Total Operating Expenses	490.8	484.6	475.4	508.86	392.53
Operating Income	-77.4	-113.2	-145.6	-177.38	-143.06
Interest Income	32	36.7	34.4	9.14	0.32
Other Non-Operating Income (Expense)	-0.5	-2	-	-2.4	-0.35
Total Non-Operating Income (Expense)	31.5	34.7	34.4	6.74	-0.03
Pretax Income	-45.9	-78.5	-111.2	-170.64	-143.09
Provision for Income Taxes	5.1	1	5.4	4.72	2.13
Net Income	-51	-79.5	-116.6	-175.36	-145.22
Net Income to Common	-51	-79.5	-116.6	-175.36	-145.22
Shares Outstanding (Basic)	164	157	151	145	114
Shares Outstanding (Diluted)	164	157	151	145	114
Shares Change (YoY)	4.07%	4.24%	3.95%	27.89%	205.28%
EPS (Basic)	-0.31	-0.51	-0.77	-1.21	-1.28
EPS (Diluted)	-0.31	-0.51	-0.77	-1.21	-1.28
Free Cash Flow	107.2	93.8	28.6	-39.63	0.19
Free Cash Flow Growth	14.29%	227.97%	-	-	-
Free Cash Flow Per Share	0.65	0.60	0.19	-0.27	0.00
Gross Margin	54.57%	53.46%	51.87%	63.29%	60.07%
Operating Margin	-10.22%	-16.29%	-22.90%	-33.87%	-34.45%
Profit Margin	-6.73%	-11.44%	-18.34%	-33.48%	-34.97%
FCF Margin	14.15%	13.50%	4.50%	-7.57%	0.05%
EBITDA	-48.6	-88.1	-123.3	-158.88	-128.31
EBITDA Margin	-6.42%	-12.68%	-19.39%	-30.33%	-30.90%
EBIT	-77.4	-113.2	-145.6	-177.38	-143.06
EBIT Margin	-10.22%	-16.29%	-22.90%	-33.87%	-34.45%
Effective Tax Rate	-11.11%	-1.27%	-4.86%	-2.77%	-1.49%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q