Ladies and gentlemen, thank you for standing by, and welcome to Coursera's Fourth Quarter and Full Year 2024 Earnings Call. At this time, all participants are in a listen-only mode, and please be advised that this call is being recorded. After the speakers' prepared remarks, there will be a question-and-answer session. If you would like to ask a question during this time, please press star, followed by the number one on your telephone keypad. If you would like to withdraw your question, again, press star one. I'd like to turn the call over to Cam Carey, Head of Investor Relations. Mr. Carey, you may begin.
Hi, everyone, and thank you for joining us for Coursera's Q4 and full year 2024 earnings conference call. Today, I'm pleased to be joined by Andrew Ng, Coursera's Chairman and Co-founder, Jeff Maggioncalda, our current Chief Executive Officer, Greg Hart, our incoming Chief Executive Officer, and Ken Hahn, our Chief Financial Officer. Following their prepared remarks, we will open the call for questions. Our earnings press release, including financial tables, was issued prior to the market open and is available on our investor relations website located at investor.coursera.com, where this call is being simultaneously webcast and where versions of our prepared remarks and supplemental slides have been posted.
During this call, we will present both GAAP and non-GAAP financial measures. The reconciliation of non-GAAP measures to their most directly comparable GAAP measure can be found in today's earnings press release and supplemental presentation on our investor relations website. Please note, all growth percentages refer to year-over-year change unless otherwise specified.
Additionally, all statements made during this call relating to future results and events are forward-looking statements based on current expectations and beliefs. Actual results and events could differ materially from those expressed or implied in these forward-looking statements due to a number of risks and uncertainties, including those discussed in our earnings press release, supplemental presentation, and SEC filings. And with that, I'd like to turn it over to Andrew.
Hi, everyone. We appreciate you joining us today. Before we discuss our results, I would like to take a moment to touch on yesterday's leadership announcement. First, on behalf of the board, I want to thank Jeff for his significant contributions to Coursera over the past seven years. Under his leadership, we achieved important milestones, including completing our IPO, growing our revenue from less than $100 million in 2017 to nearly $700 million by the end of 2024, while achieving profitability, rapidly expanding our platform, products, and offerings in collaboration with the world's best educators, including partnering with more than 200 new universities and industry leaders, growing our number of registered learners by over 100 million, and importantly, he has helped us accomplish all this while remaining a faithful steward of Coursera's number one goal: to serve learners and to transform lives through learning.
His leadership and dedication help to build a strong foundation, and I believe that Coursera and the industry are an important inflection point as we look to our next chapter of growth. Advances in technology such as AI are transforming industry after industry, and education, too, will change. Learners need to discover, develop, and validate new skills that can start to advance their career. Academic institutions need to modernize the curricula and teach learners the skills they need, not for the past, but for the future, and enterprises need a more agile and adaptive solution to power upskilling initiatives for the most important asset: their people.
After all, human capital is the most valuable form of capital, and we all have to invest in building that. Coursera's ecosystem, assets, and global reach are unmatched, and I'm optimistic and excited about the role our platform will play in shaping the future of learning. Together with Jeff, the board has been thoughtful, comprehensive, and deliberate in selecting the right person to lead Coursera's next phase.
Greg Hart is an exceptional and proven leader. With over 25 years of experience leading technology-driven businesses, he has a long track record that is highlighted by that rare combination of innovation and operational excellence, including successfully navigating two decades of transformational technology shifts while at Amazon and scaling multiple businesses domestically and internationally with rigorous execution, and leading customer-focused product development, including an early AI-based consumer product, Alexa. His wealth of operational excellence, deep understanding of technology and of product, and his passion for our mission make us excited for the upcoming years.
The board is grateful to Greg for agreeing to take the helm as CEO, and we're confident in his ability to lead Coursera as we look to accelerate our journey of growth and innovation. I'm thrilled to now hand it over to Greg to share a few words.
Thank you, Andrew, and good afternoon, everyone. I'm honored to take on the role of CEO and excited to build upon everything that Jeff and the collective team have accomplished. Coursera is a transformative company with a powerful mission. I've long admired the company's ability to bridge the gap between education access and economic opportunity, serving millions of learners and thousands of institutions with a platform model powered by partnerships with over 350 world-class universities and industry leaders.
The industry is at a critical moment, accelerated by the rapid adoption of AI. As with other transformative technologies that I have navigated throughout my career, AI is poised to dramatically reshape industries and tasks across all sectors and regional economies, and I believe this can create a future demand for learning that will be nearly limitless.
Individuals and institutions will need to be more agile, learning at an accelerated pace to ensure they have the relevant skills and talent to remain competitive in a global labor market. Meeting this demand will require a market leader in education and technology with the capacity to transform access, deliver new experiences, and enable the future of learning and work. I believe that Coursera has that capacity and is uniquely positioned to capture this opportunity.