SequelSEC

Coursera, Inc. COUR

Services-Prepackaged Software · CIK 0001651562 · Fiscal year ends 1231

Revenue
$757.50M
Fiscal year ended 2025-12-31
Operating income
-$77.40M
Fiscal year ended 2025-12-31
Free cash flow
Unavailable
Fiscal year ended 2025-12-31

Coursera, Inc. (COUR) reported revenue of $757.50M and net income of -$51.00M for the fiscal year ended 2025-12-31. This page shows 7 annual periods of income statement, balance sheet and cash flow figures normalized from Coursera, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Prepackaged Software.

Income

Coursera, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Revenue$757.50M$694.70M$635.80M$523.76M$415.29M$293.51M$184.41M
Cost of revenue$344.10M$323.30M$306.00M$192.28M$165.82M$138.85M$89.59M
Gross profit$413.40M$371.40M$329.80M$331.48M$249.47M$154.66M$94.82M
Operating income-$77.40M-$113.20M-$145.60M-$177.38M-$143.06M-$66.58M-$48.39M
Net income-$51.00M-$79.50M-$116.60M-$175.36M-$145.22M-$66.82M-$46.72M
Research & development$121.60M$132.10M$160.10M$165.13M$135.41M$76.78M$56.36M
Weighted-average diluted sharesshares 163.80Mshares 157.40Mshares 151.00Mshares 145.26Mshares 113.59Mshares 37.21MUnavailable
Pretax income-$45.90M-$78.50M-$111.20M-$170.64M-$143.09M-$65.30M-$46.00M
Income tax expense$5.10M$1.00M$5.40M$4.72M$2.13M$1.52M$718.00K
Diluted EPS$-0.31$-0.51$-0.77$-1.21$-1.28$-1.80Unavailable
Selling, general & administrative$370.10M$343.60M$321.10M$333.58M$257.12M$144.46M$86.85M
General & administrative$114.40M$108.70M$98.30M$105.90M$77.78M$37.22M$29.81M
Selling & marketing$255.70M$234.90M$222.80M$227.68M$179.34M$107.25M$57.04M

Balance

Coursera, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Cash & equivalents$792.60M$726.10M$656.30M$320.82M$580.66M$79.88M$55.99M
Total assets$1.00B$930.30M$920.53M$947.60M$958.91M$417.62MUnavailable
Current assets$898.10M$830.70M$832.49M$875.99M$892.33M$355.07MUnavailable
Total liabilities$364.30M$332.90M$304.34M$253.02M$217.40M$177.16MUnavailable
Current liabilities$357.90M$327.50M$298.26M$242.44M$201.12M$153.64MUnavailable
Total equity incl. NCI$635.70M$597.40M$616.20M$694.60M$741.51M-$221.82M-$187.00M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailable$0$462.29MUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$65.40M$59.70M$67.42M$53.73M$34.40M$40.72MUnavailable
Goodwill$0UnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

Coursera, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Operating cash flow$108.70M$95.40M$29.70M-$38.05M$1.75M-$14.99M-$21.33M
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flow-$30.20M$29.90M$384.80M-$234.02M-$51.61M-$101.44M-$64.89M
Financing cash flow-$13.50M-$55.00M-$79.30M$12.23M$550.16M$139.01M$113.38M
Net change in cash$65.00M$70.30M$335.20M-$259.84M$500.29M$22.58M$27.16M
Stock-based compensation$95.10M$108.10M$109.60M$110.78M$91.18M$16.81M$16.32M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchases$0$36.70M$58.50M$0$0UnavailableUnavailable
Depreciation & amortization$28.80M$25.10M$22.30M$18.50M$14.76M$9.58M$5.28M

Derived

Coursera, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross margin54.6%53.5%51.9%63.3%60.1%52.7%51.4%
Operating margin-10.2%-16.3%-22.9%-33.9%-34.4%-22.7%-26.2%
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenue12.6%15.6%17.2%21.2%22.0%5.7%8.8%
Current ratio2.51x2.54x2.79x3.61x4.44x2.31xUnavailable
Revenue YoY growth9.0%9.3%21.4%26.1%41.5%59.2%Unavailable
Net margin-6.7%-11.4%-18.3%-33.5%-35.0%-22.8%-25.3%
R&D / revenue16.1%19.0%25.2%31.5%32.6%26.2%30.6%
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open COUR in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-05View SEC filing
10-Q · Filed 2026-04-30View SEC filing
10-K · Filed 2026-02-23View SEC filing
10-Q · Filed 2025-10-31View SEC filing
10-Q · Filed 2025-07-31View SEC filing
10-Q · Filed 2025-05-01View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.