Coursera, Inc. (COUR)
Coursera, Inc. operates an online learning platform that provides education and skills training in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through Consumer and Enterprise segments. The company offers guided projects, courses, and specializations; online bachelor’s and master’s degrees; postgraduate diplomas; and certificates for entry-level professional, non-entry level professional, university, and MasterTrack programs in the domains of business, computer science, technology, and data science through Coursera.org for Individuals, Coursera Plus, Coursera for Enterprise, Coursera for Business, Coursera for Campus, and Coursera for Government. It offers its products to individuals, businesses, institutions, employers, colleges and universities, organizations, and governments. The company was formerly known as Dkandu, Inc. and changed its name to Coursera, Inc. in April 2012. Coursera, Inc. was incorporated in 2011 and is headquartered in Mountain View, California.
Sector: Services-Prepackaged Software
Industry: Education & Training Services
Coursera, Inc.
NYSE:COURConsumer Defensive · Education & Training Services
+4.81%$3.92
Prev close$3.74+4.28%Open$3.90+0.51%Now$3.92
Mkt Cap$1.04B
Float229.84M
O/S264.4M
VOL440K sh
$ Vol$1.72M
RVOL0.05×
Inst Own83.8%
SI10.3%
Dilution
Financials Summary
Revenue$757.5M
Net Income-$51M
Total Assets$1B
Free Cash Flow$107.2M
Debt & Equity
Debt 1%
Equity 99%
Total Debt$5M
Total Equity$635.7M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in COUR's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1B
Liabilities$364.3M
Accounts Receivable$65.4M
Accounts Payable$129.8M
Inventory$0
PP&E (Net)$43.4M
Goodwill$0
Intangible Assets$27.1M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Revenue | $757.5M | $694.67M | $635.76M | $523.76M | $415.29M | $293.51M | $184.41M |
| YoY Growth | 9.0% | 9.3% | 21.4% | 26.1% | 41.5% | 59.2% | - |
| Cost of Revenue | $344.1M | $323.26M | $305.99M | $192.28M | $165.82M | $138.85M | $89.59M |
| Gross Profit | $413.4M | $371.41M | $329.77M | $331.48M | $249.47M | $154.66M | $94.82M |
| Gross Margin | 54.6% | 53.5% | 51.9% | 63.3% | 60.1% | 52.7% | 51.4% |
| Research and Development | $121.6M | $132.05M | $160.08M | $165.13M | $135.41M | $76.78M | $56.36M |
| Selling, General, and Administrative | $370.1M | $343.64M | $321.1M | $333.58M | $257.12M | $144.46M | $86.85M |
| Other | $0 | $8.94M | -$5.81M | $10.15M | -$346K | $120K | -$264K |
| Total Operating Expenses | $491.7M | $484.63M | $475.37M | $508.86M | $392.53M | $221.25M | $143.22M |
| Operating Income (EBIT) | -$78.3M | -$113.22M | -$145.6M | -$177.38M | -$143.06M | -$66.58M | -$48.39M |
| Operating Margin | -10.3% | -16.3% | -22.9% | -33.9% | -34.4% | -22.7% | -26.2% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $12K | $625K |
| Interest Income | $32M | $36.73M | $34.43M | $9.14M | $320K | $1.18M | $3.28M |
| Other Income (Expense) | $32.4M | $34.72M | $34.41M | $6.74M | -$26K | $1.28M | $2.39M |
| Income Before Tax (EBT) | -$45.9M | -$78.5M | -$111.18M | -$170.64M | -$143.09M | -$65.3M | -$46M |
| Income Tax Expense | $5.1M | $1.03M | $5.37M | $4.72M | $2.13M | $1.51M | $718K |
| Net Income | -$51M | -$79.53M | -$116.55M | -$175.36M | -$145.22M | -$66.81M | -$46.72M |
| Net Income Margin | -6.7% | -11.4% | -18.3% | -33.5% | -35.0% | -22.8% | -25.3% |
| Supplementary Data | |||||||
| EPS | -0.31 | -0.51 | -0.77 | -1.21 | -1.28 | -0.50 | -1.13 |
| Diluted EPS | -0.31 | -0.51 | -0.77 | -1.21 | -1.28 | -0.50 | -1.13 |
| Weighted Average OS | 163.80M | 157.37M | 150.96M | 145.26M | 113.59M | 132.63M | 41.22M |
| EBITDA | -$17.1M | -$79.19M | -$129.13M | -$148.73M | -$128.33M | -$55.7M | -$40.09M |
| EBITDA Margin | -2.3% | -11.4% | -20.3% | -28.4% | -30.9% | -19.0% | -21.7% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $792.6M | $727.7M | $656.32M | $321.3M | $580.66M | $79.88M | $56.76M |
| Short-Term Investments | $0 | $0 | $65.75M | $459.65M | $241.12M | $205.4M | $116.83M |
| Cash and Short-Term Investments | $792.6M | $727.7M | $722.07M | $780.96M | $821.77M | $285.28M | $173.58M |
| Accounts Receivable | $65.4M | $59.69M | $67.42M | $53.73M | $34.4M | $40.72M | $16.66M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $19.6M | $18.6M | $16.61M | $17.15M | $16.49M | $14.99M | $8.61M |
| Total Current Assets | $898.1M | $805.99M | $806.1M | $851.84M | $872.66M | $340.99M | $198.85M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $43.4M | $39.87M | $35.15M | $36.7M | $41.05M | $40.27M | $14.04M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $27.1M | $24.52M | $11.72M | $8.55M | $10.09M | $10.57M | $8.09M |
| Long-Term Investments | $1.7M | $2.41M | $1.76M | $1.57M | $2.06M | $3.55M | $3.09M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $29.7M | $57.49M | $65.8M | $48.93M | $33.05M | $22.25M | $12.2M |
| Total Long-Term Assets | $101.9M | $124.29M | $114.43M | $95.76M | $86.25M | $76.63M | $37.42M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1B | $930.27M | $920.53M | $947.6M | $958.91M | $417.62M | $236.26M |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $129.8M | $123.24M | $124.5M | $89.72M | $72.46M | $51.9M | $26.41M |
| Short-Term Debt | $0 | $43K | $6.56M | $8.66M | $8.03M | $7.93M | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $3.89M | $7.45M |
| Current Unearned Revenue | $180.9M | $159.74M | $137.23M | $115.7M | $94.64M | $76.08M | $39.2M |
| Other Current Liabilities | $10.5M | $12.82M | $7.7M | $7.2M | $7.64M | $4.74M | $9.3M |
| Total Current Liabilities | $357.9M | $327.47M | $298.26M | $242.44M | $201.12M | $153.64M | $82.99M |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $1.55M | $2.86M | $3.08M | $3.85M | $0 | $2.4M |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $1.4M | $805K | $3.18M | $1.71M | $559K | $5.21M | $337.87M |
| Total Long-Term Liabilities | $6.4M | $5.38M | $6.08M | $10.58M | $16.27M | $23.51M | $340.27M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $364.3M | $332.85M | $304.34M | $253.02M | $217.4M | $177.16M | $423.26M |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $462.29M | $0 |
| Common Stock | $0 | $2K | $2K | $1K | $1K | $1K | $0 |
| Retained Earnings | -$911.2M | -$860.21M | -$780.68M | -$664.12M | -$488.77M | -$343.55M | -$276.74M |
| Comprehensive Income & Other | $0 | $0 | $59K | -$718K | -$252K | $20K | $74K |
| Other Stockholders' Equity | $1.55B | $1.46B | $1.4B | $1.36B | $1.23B | $584.02M | $89.74M |
| Total Equity | $635.7M | $597.42M | $616.19M | $694.58M | $741.51M | $240.47M | -$187M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1B | $930.27M | $920.53M | $947.6M | $958.91M | $417.62M | $236.26M |
| Supplementary Data | |||||||
| Total Debt | $5M | $3.06M | $6.6M | $14.45M | $19.89M | $26.23M | $0 |
| Net Debt | -$787.6M | -$724.63M | -$649.73M | -$306.86M | -$560.76M | -$53.65M | -$55.99M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | |||||||
| Net Income | -$51M | -$79.53M | -$116.55M | -$175.36M | -$145.22M | -$66.81M | -$46.72M |
| Depreciation & Amortization | $28.8M | $25.08M | $22.27M | $18.5M | $14.76M | $9.59M | $5.28M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $501K | -$1K | -$1.12M |
| Stock-Based Compensation | $95.1M | $108.08M | $109.57M | $110.78M | $91.18M | $16.81M | $16.32M |
| Changes in Working Capital: | |||||||
| Accounts Receivable | -$5.7M | $7.21M | -$14.76M | -$20.6M | $5.86M | -$24.14M | -$6.16M |
| Inventory | $0 | $0 | $0 | $0 | -$6.73M | -$15.2M | -$7.44M |
| Accounts Payable | $8M | -$2.32M | $33.97M | $17.89M | $16.32M | $25.65M | $6.62M |
| Other Working Capital | $30.1M | $34.06M | $4.4M | $4.41M | $25.52M | $39.03M | $11.84M |
| Total Working Capital Change | $32.4M | $38.95M | $23.61M | $1.7M | $40.97M | $25.35M | $4.87M |
| Other Non-Cash Items | $3.4M | $2.78M | -$9.25M | $6.32M | -$448K | $86K | $38K |
| Net Cash from Operating | $108.7M | $95.36M | $29.64M | -$38.05M | $1.75M | -$14.99M | -$21.33M |
| Investing Activities | |||||||
| Capital Expenditures | -$1.5M | -$1.58M | -$1.15M | -$13.88M | -$13.64M | -$11.92M | -$9.93M |
| Acquisitions | $0 | $0 | -$1.7M | $0 | -$12.09M | $8.82M | -$3.35M |
| Purchases of Investments | $0 | $0 | -$123.46M | -$593.77M | -$241.76M | -$219.46M | -$166.93M |
| Sales of Investments | $0 | $66M | $530M | $375M | $204.98M | $129.93M | $115.32M |
| Other Investing Activities | -$28.7M | -$34.51M | -$18.9M | -$1.38M | $10.9M | -$8.82M | -$57.13M |
| Net Cash from Investing | -$30.2M | $29.9M | $384.8M | -$234.02M | -$51.61M | -$101.44M | -$64.89M |
| Financing Activities | |||||||
| Debt Repaid | - | - | - | - | - | - | $231K |
| Common Stock Issuance | $14.1M | $15.02M | $27.32M | $17.29M | $525.28M | $139.78M | $113.61M |
| Common Stock Repurchases | $0 | -$36.7M | -$58.45M | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$27.6M | -$33.26M | -$48.09M | -$5.06M | $24.87M | -$769K | $113.38M |
| Net Cash from Financing | -$13.5M | -$54.94M | -$79.23M | $12.23M | $550.16M | $139.01M | $113.38M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $65M | $70.32M | $335.21M | -$259.84M | $500.29M | $22.58M | $27.16M |
| Supplementary Data | |||||||
| Operating Cash Flow | $108.7M | $95.36M | $29.64M | -$38.05M | $1.75M | -$14.99M | -$21.33M |
| Capital Expenditure | -$1.5M | -$1.58M | -$16.4M | -$13.88M | -$13.64M | -$11.92M | -$9.93M |
| Free Cash Flow | $107.2M | $93.78M | $13.24M | -$51.93M | -$11.9M | -$26.91M | -$31.27M |
| Cash at Beginning | $728.4M | $658.09M | $322.88M | $582.72M | $82.43M | $59.84M | $32.68M |
| Cash at End | $793.4M | $728.4M | $658.09M | $322.88M | $582.72M | $82.43M | $59.84M |