Coursera (COUR) Financial Statements & Analysis

Coursera (COUR) Income Statement

Coursera reported revenue of $757.50M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 9.0% from $694.70M a year earlier. Coursera posted a net loss of $51.00M, compared with a net loss of $79.50M a year earlier. Gross margin was 54.6% and operating margin -10.2%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $298.60M, up 59.6% from the same quarter a year earlier.

Coursera Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Coursera, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Revenue & Gross Profit
Revenue	757.50	694.70	635.80	523.76	415.29	293.51	184.41
Cost of Revenue	344.10	323.30	306.00	192.28	165.82	138.85	89.59
Gross Profit	413.40	371.40	329.80	331.48	249.47	154.67	94.82
Operating Expenses
Research & Development	121.60	132.10	160.10	165.13	135.41	76.78	56.36
Selling, General & Administrative	358.20	343.60	321.10	333.58	257.12	144.46	86.85
Operating Expenses	490.80	475.70	481.20	508.86	392.53	221.25	143.22
Operating Income	-77.40	-104.30	-151.40	-177.38	-143.06	-66.58	-48.39
Other Income/Expense
Interest Income	32.00	36.70	34.40	9.14	0.32	1.18	3.28
Interest Expense	0.00	0.00	0.00	0.00	0.00	0.01	0.63
Other Income/Expense	31.50	-10.90	5.80	6.74	-0.03	1.28	2.39
Income
Income Before Tax	-45.90	-78.50	-111.20	-170.64	-143.09	-65.30	-46.00
Income Tax Expense	5.10	1.00	5.40	4.72	2.13	1.52	0.72
Net Income	-51.00	-79.50	-116.60	-175.36	-145.22	-66.82	-46.72
Net Income - Continuous Operations	-51.00	-79.50	-116.60	-175.36	-145.22	-66.82	-46.72
Net Income - Discontinued Operations	-	-	-	-	-	-	-
EBITDA	-56.10	-79.20	-129.10	-148.73	-128.33	-55.70	-40.09
EBIT	-66.40	-104.30	-151.40	-167.23	-143.06	-	-
Depreciation & Amortization	28.80	25.10	22.30	18.50	14.76	9.59	5.28
Earnings Per Share
Basic EPS	-	-1.00	-1.00	-1.00	-1.00	-	-1.00
Diluted EPS	-	-1.00	-1.00	-1.00	-1.00	-	-1.00
Basic Shares Outstanding	163.80	157.40	151.00	145.26	113.59	132.63	41.22
Diluted Shares Outstanding	163.80	157.40	151.00	145.26	113.59	132.63	41.22

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Coursera Financial Statements

What was Coursera's revenue in fiscal 2025?

Coursera reported revenue of $757.50M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 9.0% from $694.70M a year earlier.

Is Coursera profitable?

No. Coursera reported a net loss of $51.00M in fiscal 2025. In fiscal 2024 it lost $79.50M.

What is Coursera's operating margin?

Coursera's operating income was −$77.40M on revenue of $757.50M in fiscal 2025, an operating margin of -10.2%, compared with -15.0% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition