COUR earnings analysis
What we found in COUR's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Coursera, Inc. reported strong year-over-year revenue growth of 9%, reaching $195.7 million, with notable increases in the Consumer and Enterprise segments. However, the company also saw a wider net loss of $20.5 million compared to $7.8 million a year ago, with plans to focus on integrating its recent merger with Udemy. The management highlighted ongoing investments in innovation and platform improvements as key strategies moving forward.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Up 9% Year-over-Year
- Total revenue reached $195.7 million, up from $179.3 million in Q1 2025.
- Gross Margin Improved
- Gross margin increased to 55.5%, compared to 54.6% in the same quarter last year.
- Positive EPS Surprise
- Reported EPS was $0.07, exceeding the estimated EPS of $0.05.
- Consumer Segment Growth
- Consumer revenue rose by 10% to $129.5 million, largely from Coursera Plus subscriptions.
- Enterprise Revenue Growth
- Enterprise revenue increased 7% to $66.2 million due to new customer acquisition.
- Strategic Merger with Udemy
- Merger with Udemy is expected to enhance growth profiles and unlock synergies.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Wider Net Loss
- Net loss for the quarter increased to $(20.5) million from $(7.8) million YoY.
- Decreased Operating Cash Flow
- Operating cash flow decreased to $14.6 million from $33.5 million a year ago.
- Integration Costs from Merger with Udemy
- Expect significant expenses associated with the merger, including $11.1 million in transaction costs.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.07
- Gross margin
- 55.5%
- Segment
- Consumer
- Segment
- Enterprise
What they said about what is next.
Outlook deferred to earnings press release / call.
The filing reads about the same as the one before it.
What came before.
- 10-K · April 30, 2026
- Coursera, Inc.'s 10-K filing for 2025 shows a strategic shift towards a simplified operating model, resulting in 2025 revenue of $757.5 million, driven primarily by the Consumer segment's 10% year-on-year growth. While…
- 10-K · February 23, 2026
- Coursera reported continued top-line growth and engagement in 2025 (approximately $757M in quarterly revenue sum and ~197 million registered learners as of December 31, 2025) while investing in AI-enabled products…
- 10-Q · July 31, 2025
- Coursera reported quarter revenue of $187.1 million (up from $170.3M a year ago) with gross profit of $102.7 million and a material improvement in operating loss. Cash and deferred revenue balances strengthened, and…
- 10-Q · May 1, 2025
- Coursera posted revenue of $179.3M for Q1 2025, up from $169.1M in Q1 2024, with gross margin expanding to 54.6% and operating loss narrowing to $14.4M (‑8.0% of revenue). Net loss per share improved to $(0.05) from…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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