Coursera, Inc. (COUR)

Coursera Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	739.77	694.67	635.76	523.76	415.29	293.51
Revenue Growth (YoY)	8.10%	9.27%	21.39%	26.12%	41.49%	59.16%
Cost of Revenue	337.57	323.17	305.88	192.25	165.75	138.85
Gross Profit	402.2	371.5	329.89	331.51	249.53	154.67
Selling, General & Admin	348.62	341.42	318.03	327.45	257.12	144.46
Research & Development	120.95	132.05	160.08	165.13	135.41	76.78
Other Operating Expenses	0.09	0.09	0.12	0.03	0.06	-
Operating Expenses	469.65	473.55	478.23	492.61	392.6	221.25
Operating Income	-67.45	-102.05	-148.34	-161.11	-143.06	-66.58
Interest & Investment Income	32.63	36.73	34.43	9.14	0.32	1.16
Currency Exchange Gain (Loss)	-1.01	-1.01	-0.02	-2.4	-0.35	0.12
EBT Excluding Unusual Items	-35.83	-66.33	-113.93	-154.36	-143.09	-65.3
Merger & Restructuring Charges	-5.94	-8.94	5.81	-10.15	-	-
Gain (Loss) on Sale of Investments	-1	-1	-	-	-	-
Asset Writedown	-2.23	-2.23	-3.06	-6.12	-	-
Pretax Income	-45	-78.5	-111.18	-170.64	-143.09	-65.3
Income Tax Expense	0.83	1.03	5.37	4.72	2.13	1.52
Net Income	-45.83	-79.53	-116.55	-175.36	-145.22	-66.82
Net Income to Common	-45.83	-79.53	-116.55	-175.36	-145.22	-66.82
Shares Outstanding (Basic)	162	157	151	145	114	37
Shares Outstanding (Diluted)	162	157	151	145	114	37
Shares Change (YoY)	3.68%	4.25%	3.92%	27.89%	205.28%	15.28%
EPS (Basic)	-0.28	-0.51	-0.77	-1.21	-1.28	-1.80
EPS (Diluted)	-0.28	-0.51	-0.77	-1.21	-1.28	-1.80
Free Cash Flow	119.88	93.78	28.49	-39.63	0.19	-18.09
Free Cash Flow Per Share	0.74	0.60	0.19	-0.27	0.00	-0.49
Gross Margin	54.37%	53.48%	51.89%	63.29%	60.09%	52.70%
Operating Margin	-9.12%	-14.69%	-23.33%	-30.76%	-34.45%	-22.68%
Profit Margin	-6.19%	-11.45%	-18.33%	-33.48%	-34.97%	-22.76%
Free Cash Flow Margin	16.20%	13.50%	4.48%	-7.57%	0.05%	-6.16%
EBITDA	-57.01	-94.71	-142.96	-155.73	-138.04	-64.34
EBITDA Margin	-7.71%	-13.63%	-22.49%	-29.73%	-33.24%	-21.92%
D&A For EBITDA	10.44	7.34	5.38	5.38	5.02	2.24
EBIT	-67.45	-102.05	-148.34	-161.11	-143.06	-66.58
EBIT Margin	-9.12%	-14.69%	-23.33%	-30.76%	-34.45%	-22.68%
Advertising Expenses	-	62.39	44.82	39.94	28.74	21.01

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q