Coursera, Inc. (COUR)

Coursera Income Statement

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

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

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q