Coursera Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	773.9	757.5	694.7	635.8	523.76	415.29
Revenue Growth (YoY)	9.79%	9.04%	9.26%	21.39%	26.12%	41.49%
Cost of Revenue	350.4	344.1	323.3	306	192.28	165.82
Gross Profit	424.1	413.4	371.4	329.8	331.48	249.47
Selling, General & Admin	401.1	370.1	343.6	321.1	333.58	257.12
Research & Development	131	121.6	132.1	160.1	165.13	135.41
Other Operating Expenses	-	-0.9	8.9	-5.8	10.15	-
Total Operating Expenses	532.1	490.8	484.6	475.4	508.86	392.53
Operating Income	-88.3	-77.4	-113.2	-145.6	-177.38	-143.06
Interest Income	31.3	32	36.7	34.4	9.14	0.32
Other Non-Operating Income (Expense)	-1.7	-0.5	-2	-	-2.4	-0.35
Total Non-Operating Income (Expense)	29.6	31.5	34.7	34.4	6.74	-0.03
Pretax Income	-58.7	-45.9	-78.5	-111.2	-170.64	-143.09
Provision for Income Taxes	5	5.1	1	5.4	4.72	2.13
Net Income	-63.7	-51	-79.5	-116.6	-175.36	-145.22
Net Income to Common	-63.7	-51	-79.5	-116.6	-175.36	-145.22
Shares Outstanding (Basic)	166	164	157	151	145	114
Shares Outstanding (Diluted)	166	164	157	151	145	114
Shares Change (YoY)	4.61%	4.07%	4.24%	3.95%	27.89%	205.28%
EPS (Basic)	-0.38	-0.31	-0.51	-0.77	-1.21	-1.28
EPS (Diluted)	-0.38	-0.31	-0.51	-0.77	-1.21	-1.28
Shares Outstanding	168.2	167.9	160.1	155.3	147.94	141.91
Free Cash Flow	56.2	78.5	59.3	8	-53.31	-13.09
Free Cash Flow Growth	-28.41%	32.38%	641.25%	-	-	-
Free Cash Flow Per Share	0.34	0.48	0.38	0.05	-0.37	-0.12
Gross Margin	54.80%	54.57%	53.46%	51.87%	63.29%	60.07%
Operating Margin	-11.41%	-10.22%	-16.29%	-22.90%	-33.87%	-34.45%
Profit Margin	-8.23%	-6.73%	-11.44%	-18.34%	-33.48%	-34.97%
FCF Margin	7.26%	10.36%	8.54%	1.26%	-10.18%	-3.15%
EBITDA	-59.1	-48.6	-88.1	-123.3	-158.88	-128.31
EBITDA Margin	-7.64%	-6.42%	-12.68%	-19.39%	-30.33%	-30.90%
EBIT	-88.3	-77.4	-113.2	-145.6	-177.38	-143.06
EBIT Margin	-11.41%	-10.22%	-16.29%	-22.90%	-33.87%	-34.45%
Effective Tax Rate	-8.52%	-11.11%	-1.27%	-4.86%	-2.77%	-1.49%

Updated Mar 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q