Inferra AIResearch Tools

Inferra AI / Company / COUR

Coursera, Inc.

COUR · Consumer Discretionary

Last earnings Oct 29, 2026

Key results

Revenuequarter

$194 million

revenue of $194 million, up 10% year-over-year and driven by 13% year-over-year Consumer segment revenue growth Reported net cash provided by operating activities of $34 million

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Free cash flowquarter

$27 million

Free Cash Flow of $27 million MOUNTAIN VIEW, Calif.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Conflicting figures recorded for this item — see “Conflicting figures” below.

We delivered a strong third quarter, driven by 13% year-over-year revenue growth in our Consumer segment.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Q3 2025 Shareholder Letter 2 Key Financial Measures Q3 2025 Revenue Revenue of $194.2 million increased by 10% from the prior year on growth in both our Consumer and Enterprise segments.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Y net incomequarter

$194.2M

$194.2M 10% Y/Y Net income (loss) Net loss was $(8.6)M, or (4.4)% of revenue.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Non-GAAP net incomequarter

$16.7 million

Non-GAAP net income was $16.7 million, or 8.6% of revenue.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Y free cash flowquarter

$33.9M

$33.9M 22% Y/Y Free Cash Flow ( FCF ) Generated $26.6 million of FCF, up 59% from the prior year period.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Growthquarter

up 59%

$33.9M 22% Y/Y Free Cash Flow ( FCF ) Generated $26.6 million of FCF, up 59% from the prior year period.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Segment Performance Consumer revenuequarter

$26.6M

$26.6M 59% Y/Y Operating Segment Performance Consumer revenue Consumer revenue of $130.3 million increased by 13% from the prior year, driven by growth in new registered learners and Coursera Plus subscriptions.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Consumer revenuequarter

$130.3 million

$26.6M 59% Y/Y Operating Segment Performance Consumer revenue Consumer revenue of $130.3 million increased by 13% from the prior year, driven by growth in new registered learners and Coursera Plus subscriptions.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

AI analysis

Q3 2025 · reported Oct 23, 2025

Based on: Earnings release + parent 8-K — transcript not held

Revenue · Q3 2025
$194M
EX-99 · Oct 23, 2025
Free cash flow · Q3 2025
$27M
EX-99 · Oct 23, 2025
Y net income · Q3 2025
$194.2M
EX-99 · Oct 23, 2025
Non-GAAP net income · Q3 2025
$16.7M
EX-99 · Oct 23, 2025

The quarter in charts

Guidance ladder — revenue

Delivered vs the company's guided range

EX-99 · Oct 23, 2025 Guide as stated by the company; range and midpoint computed from the stated figure.

Segment mix

Business-unit revenue, as stated

050100150$130.3MConsumer$26.6MSegment Performance Consumer

Segment revenue figures as stated in the event record.

Headline figures

MetricQ3 2025Prior qtrYear ago
Revenue$194 million$187 million—
Free cash flow$27 million$29 million—
Y net income$194.2M$187.1M—
Non-GAAP net income$16.7 million$19.3 million—
Y free cash flow$33.9M$29 million—
Growthup 59%up 68%—
Segment Performance Consumer revenue$26.6M——
Consumer revenue$130.3 million——

EX-99 · Oct 23, 2025

Guidance · company-stated

Direction: Raised

Revenue$10 million

“htm EX-99.1 Document Earnings Release Q3 2025 Exhibit 99.1 Coursera Reports Third Quarter 2025 Financial Results Raised full year 2025 revenue outlook by $10 million to range of $750 to $754 million Delivered third quarter revenue of $194 million, up 10% year-over-year and driven by 13% year-over-year Consumer segment revenue growth Reported net cash provided by operating activities of $34 million Free Cash Flow of $27 million MOUNTAIN VIEW, Calif.”

Revenue

“As we demonstrate early progress in our growth initiatives, I am pleased to share that we are raising our full year revenue outlook, now expecting to deliver more than $750 million in 2025.”

Midpoint vs latest-quarter revenue-94.8%computed from stated figures

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Cash flow & capex

Free cash flow$27M
Y free cash flow$33.9M

Capital allocation

Free cash flow$2M

Free Cash Flow We define Free Cash Flow as net cash provided by operating activities, less capitalized internal-use software costs, purchases of content assets, and purchases of property, equipment, and software as we consider these capital expenditures necessary to support our ongoing operations.

What changed vs last quarter

  • Guide midpoint vs latest-quarter revenue -94.8% computed from stated figures
General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Coursera, Inc. Q3 2025 — revenue of $194 million, up 10% year-over-year and driven by 13% year-over-year Consumer segment revenue growth Reported net cash provided by operating activities of $34 million

Based on: Earnings release + parent 8-K — transcript not held

Guidance & outlook

Direction: Raised

Revenue: “htm EX-99.1 Document Earnings Release Q3 2025 Exhibit 99.1 Coursera Reports Third Quarter 2025 Financial Results Raised full year 2025 revenue outlook by $10 million to range of $750 to $754 million Delivered third quarter revenue of $194 million, up 10% year-over-year and driven by 13% year-over-year Consumer segment revenue growth Reported net cash provided by operating activities of $34 million Free Cash Flow of $27 million MOUNTAIN VIEW, Calif.”

Revenue: “As we demonstrate early progress in our growth initiatives, I am pleased to share that we are raising our full year revenue outlook, now expecting to deliver more than $750 million in 2025.”

Revenue — Raised (“Raised”)
“htm EX-99.1 Document Earnings Release Q3 2025 Exhibit 99.1 Coursera Reports Third Quarter 2025 Financial Results Raised full year 2025 revenue outlook by $10 million to range of $750 to $754 million Delivered third quarter revenue of $194 million, up 10% year-over-year and driven by 13% year-over-year Consumer segment revenue growth Reported net cash provided by operating activities of $34 million Free Cash Flow of $27 million MOUNTAIN VIEW, Calif.”

Revenue — Raised (“raising”)
“As we demonstrate early progress in our growth initiatives, I am pleased to share that we are raising our full year revenue outlook, now expecting to deliver more than $750 million in 2025.”

Classified from the release's primary full-year outlook statement.

Capital allocation

Free Cash Flow We define Free Cash Flow as net cash provided by operating activities, less capitalized internal-use software costs, purchases of content assets, and purchases of property, equipment, and software as we consider these capital expenditures necessary to support our ongoing operations.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

For the third quarter, our Free Cash Flow result includes approximately $2 million in purchases of content assets, treated similarly to other categories of capital expenditures.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Conflicting figures recorded for this item — see “Conflicting figures” below.

As of September 30, 2025, we had approximately $798 million of unrestricted cash and cash equivalents, with no debt.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Strategy & priorities

As we demonstrate early progress in our growth initiatives, I am pleased to share that we are raising our full year revenue outlook, now expecting to deliver more than $750 million in 2025.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Current Period ARR includes expansion within Paid Enterprise Customers and is net of contraction or attrition over the trailing 12 months but excludes revenue from new Paid Enterprise Customers in the current period.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

These are key measures used by our management to help us analyze our financial results, establish budgets and operational goals for managing our business, evaluate our performance, and make strategic decisions.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Earlier this year, we set clear priorities focused on improving our execution, building durable capabilities across our platform, and investing in product-led innovation.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Given our Q3 results and early progress advancing our growth initiatives, we are raising our 2025 revenue outlook to a range of $750 million to $754 million.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Risks & headwinds

A reconciliation of our non-GAAP guidance measure (Adjusted EBITDA) to the corresponding GAAP guidance measure is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, expenses that may be incurred in the future.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

4 Earnings Release Q3 2025 Exhibit 99.1 Special Note on Forward-Looking Statements This press release contains forward-looking statements that involve substantial risks and uncertainties.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Reconciliations are not available on a forward- looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, expenses that may be incurred in the future.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Q3 2025 Shareholder Letter 8 Skills Tracks Skills Tracks are our newest product offering, designed to address the challenges organizations face in measuring training impact and identifying skill gaps, while also helping individual learners build essential skills for their careers.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Reconciliations are not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, expenses that may be incurred in the future.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

What changed vs prior quarter

Guidance direction — prior quarter: Raised; this quarter: Raised

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Revenue — prior quarter passage and this quarter's passage are both cited.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Free cash flow — prior quarter passage and this quarter's passage are both cited.

SEC original ↗Coursera, Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Conflicting figures

Free cash flow

$27 million

“Free Cash Flow of $27 million MOUNTAIN VIEW, Calif.”

$2 million

“For the third quarter, our Free Cash Flow result includes approximately $2 million in purchases of content assets, treated similarly to other categories of capital expenditures.”

Documents

Earnings deck slides

0 decks with slide view

Coursera, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Coursera, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Amazon (AMZN) Consumer DiscretionaryTesla, Inc. (TSLA) Consumer DiscretionaryAlibaba Group (BABA) Consumer DiscretionaryeBay Inc. (EBAY) Consumer DiscretionaryToyota Motor (TM) Consumer DiscretionaryO'Reilly Automotive (ORLY) Consumer DiscretionaryLi Auto Inc. (LI) Consumer DiscretionaryV F Corp (VFC) Consumer Discretionary

Filings

37 documents

Earnings releases

17 documents

Presentations

2 documents

Transcripts

0 documents

No transcripts for Coursera, Inc. are held in this edition of the library.

See also the earnings calendar for every tracked company’s next earnings date.