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NYSE · Technology

Coursera, Inc. (COUR)

As-reported financials and SEC filings for Coursera, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Coursera, Inc.

Coursera, Inc. operates an online learning platform that connects learners, institutions, and content creators to provide affordable education and skills training. The company offers branded content and product capabilities through a customizable platform serving individual learners, businesses, organizations, and governments. Coursera partners with universities and industry experts to deliver high-quality adult education and training solutions globally.

Snapshot

Revenue
$757.5M
Revenue growth (YoY)
9.0%
Net income
$-51.0M
Diluted EPS
$-0.31
Gross margin
54.6%
Operating margin
-10.2%
Net margin
-6.7%
FCF margin
14.2%
ROE
-8.0%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$1.85B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Coursera

  • Revenue grew 9.0% to $758M in FY2025, in line with the 9.3% the year before.
  • Operating margin is -10.2% in FY2025, +24.2 pp against -34.4% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $299M, up 59.6% from Q2 FY2025.
  • Free cash flow was $107M in FY2025, 14.2% of revenue.
  • Net loss narrowed to $51M in FY2025, from $80M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Coursera’s fundamentals sit among the 332 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin54.6%
33rd percentile of 264
Operating margin-10.2%
26th percentile of 303
Net margin-6.7%
33rd percentile of 307
FCF margin14.2%
51st percentile of 285
Revenue growth (YoY)+9.0%
45th percentile of 325
ROE-8.0%
33rd percentile of 285
Short interest4.31d
61st percentile of 330

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $52,184. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+6 quant / multi-strat
Initiated / added
6
2 new, 4 added
Reduced / exited
2
2 trimmed, 0 exited
Combined position
$55.4M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$19.1M3.4MAdded
D. E. ShawquantQ2 2026$18.0M3.2MAdded
Renaissance TechnologiesquantQ2 2026$9.2M1.6MAdded
First Eagle Investment ManagementQ2 2026$6.0M1.1MNew
Millennium ManagementquantQ2 2026$2.3M405.3KNew
Two Sigma InvestmentsquantQ2 2026$545,23096.7KReduced
Citadel AdvisorsquantQ2 2026$153,29527.2KReduced
Bridgewater AssociatesQ2 2026$96,46717.1KAdded

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
1
$52K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-17
filed 2026-08-18
Cardenas Alan BSVP, General CounselSell9.1K$5.71$52K
2026-05-20
Insight Holdings Group, LLC10% ownerSell935.6K$5.24$4.9M
2026-05-20
Insight Holdings Group, LLC10% ownerSell411.9K$5.24$2.2M
2026-05-20
Insight Holdings Group, LLC10% ownerSell59.2K$5.24$310K
2026-05-20
Insight Holdings Group, LLC10% ownerSell38.1K$5.24$200K
2026-05-20
Insight Holdings Group, LLC10% ownerSell21.7K$5.24$114K
2026-05-19
filed 2026-05-20
Insight Holdings Group, LLC10% ownerSell290.3K$5.41$1.6M
2026-05-19
filed 2026-05-20
Insight Holdings Group, LLC10% ownerSell127.8K$5.41$691K
2026-05-19
filed 2026-05-20
Insight Holdings Group, LLC10% ownerSell18.4K$5.41$99K
2026-05-19
filed 2026-05-20
Insight Holdings Group, LLC10% ownerSell11.8K$5.41$64K
2026-05-19
filed 2026-05-20
Insight Holdings Group, LLC10% ownerSell6.7K$5.41$36K
2026-05-18
filed 2026-05-20
Insight Holdings Group, LLC10% ownerSell78.6K$5.69$447K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
23.3M
settled 2026-08-14
Change vs prior
-7.0%
vs previous settlement
Days to cover
4.31
at avg daily volume
Avg daily volume
5.4M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1423.3M-7.0%4.31
2026-07-3125.0M+15.7%3.14
2026-07-1521.6M-7.1%3.88
2026-06-3023.3M+0.9%2.41
2026-06-1523.1M+11.8%3.51
2026-05-2920.6M-21.8%2.69
2026-05-1526.4M+8.2%4.14
2026-04-3024.4M+6.0%3.51

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$757.5M$694.7M$635.8M$523.8M$415.3M
Gross profit$413.4M$371.4M$329.8M$331.5M$249.5M
Operating income$-77.4M$-113.2M$-145.6M$-177.4M$-143.1M
Net income$-51.0M$-79.5M$-116.6M$-175.4M$-145.2M
Diluted EPS$-0.31$-0.51$-0.77$-1.21$-1.28

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$792.6M$726.1M$656.3M$320.8M$580.7M
Current assets$898.1M$830.7M$832.5M$876.0M$892.3M
Total assets$1.00B$930.3M$920.5M$947.6M$958.9M
Current liabilities$357.9M$327.5M$298.3M$242.4M$201.1M
Long-term debt
Total liabilities$364.3M$332.9M$304.3M$253.0M$217.4M
Total equity$635.7M$597.4M$616.2M$694.6M$741.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$108.7M$95.4M$29.7M$-38.1M$1.7M
Capital expenditure$1.5M$1.6M$1.1M$1.6M$1.6M
Free cash flow$107.2M$93.8M$28.6M$-39.6M$192,000

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$298.6M59.6%$-80.4M$-0.34
Q1 FY2026$195.7M9.1%$-20.5M$-0.12
Q4 FY2025$196.9M9.9%$-26.8M$-0.16
Q3 FY2025$194.2M10.3%$-8.6M$-0.05
Q2 FY2025$187.1M9.9%$-7.8M$-0.05
Q1 FY2025$179.3M6.0%$-7.8M$-0.05
Q4 FY2024$179.2M6.1%$-21.6M$-0.14
Q3 FY2024$176.1M6.4%$-13.7M$-0.09

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorTechnology
SIC industryServices-Prepackaged Software
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2015
SEC CIK1651562

Selected SEC filings

10-K/A2026-04-30
View on EDGAR →
10-Q2026-08-05
View on EDGAR →
10-Q2026-04-30
View on EDGAR →
8-K2026-07-29
View on EDGAR →
8-K2026-07-06
View on EDGAR →
8-K2026-06-23
View on EDGAR →
8-K/A2026-06-23
View on EDGAR →

Largest software peers

All software stocksAll Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.