Coursera, Inc. (COUR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 195.7M | 196.9M | 194.2M | 187.1M | 179.3M | 179.18M | 176.09M | 170.34M | 169.1M | 168.88M | 165.54M | 153.7M | 147.64M | 142.18M | 136.39M | 124.75M | 120.43M | 114.96M | 109.88M | 102.09M |
| Revenue Growth % | 9.15% | 9.89% | 10.29% | 9.84% | 6.03% | 6.1% | 6.37% | 10.82% | 14.53% | 18.78% | 21.37% | 23.2% | 22.59% | 23.68% | 24.13% | 22.2% | 36.3% | 38.07% | - | - |
| Cost of Goods Sold | 87.1M | 90.1M | 88.2M | 84.4M | 81.4M | 83.67M | 79.86M | 80.16M | 79.6M | 79.55M | 82.27M | 74M | 70.17M | 54.3M | 48.82M | 46.34M | 42.8M | 43.67M | 42.16M | 41.16M |
| COGS % of Revenue | 44.51% | 45.76% | 45.42% | 45.11% | 45.4% | 46.7% | 45.35% | 47.06% | 47.07% | 47.11% | 49.7% | 48.15% | 47.53% | 38.19% | 35.79% | 37.15% | 35.54% | 37.99% | 38.37% | 40.32% |
| Gross Profit | 108.6M | 106.8M | 106M | 102.7M | 97.9M | 95.51M | 96.23M | 90.17M | 89.5M | 89.33M | 83.27M | 79.7M | 77.47M | 87.88M | 87.57M | 78.41M | 77.63M | 71.29M | 67.72M | 60.93M |
| Gross Margin % | 55.49% | 54.24% | 54.58% | 54.89% | 54.6% | 53.3% | 54.65% | 52.94% | 52.93% | 52.9% | 50.3% | 51.85% | 52.47% | 61.81% | 64.21% | 62.85% | 64.46% | 62.01% | 61.63% | 59.68% |
| Gross Profit Growth % | 10.93% | 11.82% | 10.15% | 13.89% | 9.39% | 6.92% | 15.56% | 13.14% | 15.53% | 1.65% | -4.91% | 1.65% | -0.21% | 23.27% | 29.32% | 28.69% | 56.71% | 63.89% | - | - |
| Operating Expenses | 133.9M | 139.1M | 121.6M | 117.8M | 112.3M | 126.01M | 118M | 121.34M | 119.3M | 117.89M | 122.86M | 118.22M | 116.55M | 143.9M | 123.92M | 126.24M | 114.8M | 118.78M | 99.14M | 106.71M |
| OpEx % of Revenue | 68.42% | 70.64% | 62.62% | 62.96% | 62.63% | 70.32% | 67.01% | 71.24% | 70.55% | 69.81% | 74.22% | 76.92% | 78.94% | 101.21% | 90.86% | 101.19% | 95.32% | 103.32% | 90.23% | 104.53% |
| Selling, General & Admin | 102.6M | 106.3M | 91.6M | 88.5M | 83.7M | 87.09M | 86.39M | 87.64M | 82.6M | 80.52M | 85.24M | 76.94M | 78.39M | 90.92M | 81.8M | 77.11M | 76.84M | 80.45M | 65.21M | 65.71M |
| SG&A % of Revenue | 52.43% | 53.99% | 47.17% | 47.3% | 46.68% | 48.6% | 49.06% | 51.45% | 48.85% | 47.68% | 51.49% | 50.06% | 53.1% | 63.94% | 59.98% | 61.81% | 63.81% | 69.98% | 59.35% | 64.36% |
| Research & Development | 31.3M | 32.8M | 30M | 29.3M | 29.5M | 32.12M | 31.61M | 33.7M | 34.6M | 37.37M | 37.62M | 41.29M | 43.81M | 42.84M | 39.41M | 44.93M | 37.95M | 38.33M | 33.94M | 41M |
| R&D % of Revenue | 15.99% | 16.66% | 15.45% | 15.66% | 16.45% | 17.93% | 17.95% | 19.78% | 20.46% | 22.13% | 22.72% | 26.86% | 29.67% | 30.13% | 28.9% | 36.01% | 31.52% | 33.34% | 30.88% | 40.16% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | -900K | 1000K | 0 | -21K | 1000K | 231K | -325K | -8K | -1000K | 1000K | 1000K | 1000K | -425K | -95K | -286K | 42K |
| Operating Income | -25.3M | -32.3M | -15.6M | -15.1M | -14.4M | -30.5M | -21.77M | -31.16M | -29.8M | -28.56M | -39.58M | -38.38M | -39.08M | -56.03M | -36.35M | -47.84M | -37.17M | -47.49M | -31.43M | -45.78M |
| Operating Margin % | -12.93% | -16.4% | -8.03% | -8.07% | -8.03% | -17.02% | -12.36% | -18.3% | -17.62% | -16.91% | -23.91% | -24.97% | -26.47% | -39.41% | -26.65% | -38.34% | -30.86% | -41.31% | -28.6% | -44.85% |
| Operating Income Growth % | -75.69% | -5.91% | 28.34% | 51.55% | 51.68% | -6.79% | 45% | 18.79% | 23.74% | 49.03% | -8.9% | 19.77% | -5.13% | -17.97% | -15.66% | -4.48% | -102.44% | -81.33% | - | - |
| EBITDA | -25.3M | -25.3M | -8.3M | -7.7M | -7.3M | -24.15M | -15.66M | -24.9M | -23.4M | -22.79M | -33.92M | -33.05M | -33.57M | -51.03M | -35.01M | -46.47M | -32.99M | -43.24M | -27.29M | -42.34M |
| EBITDA Margin % | -12.93% | -12.85% | -4.27% | -4.12% | -4.07% | -13.48% | -8.89% | -14.62% | -13.84% | -13.5% | -20.49% | -21.5% | -22.73% | -35.89% | -25.67% | -37.25% | -27.39% | -37.62% | -24.84% | -41.48% |
| EBITDA Growth % | -246.58% | -4.77% | 47.01% | 69.07% | 68.8% | -5.95% | 53.83% | 24.66% | 30.29% | 55.34% | 3.12% | 28.89% | -1.75% | -18.01% | -28.31% | -9.74% | -113.79% | -84.18% | - | - |
| D&A (Non-Cash Add-back) | 0 | 7M | 7.3M | 7.4M | 7.1M | 6.35M | 6.11M | 6.27M | 6.4M | 5.77M | 5.66M | 5.33M | 5.51M | 5M | 1.33M | 1.36M | 4.18M | 4.25M | 4.14M | 3.44M |
| EBIT | 0 | -24.8M | -7.8M | -7M | -15.3M | -23.7M | -21.77M | -31.16M | -27.7M | -28.56M | -39.58M | -38.52M | -44.74M | -45.88M | -33.65M | -42.13M | -37.26M | -47.49M | -31.43M | -45.78M |
| Net Interest Income | 0 | 7.9M | 8.3M | 8M | 7.8M | 8.49M | 9.37M | 9.29M | 9.58M | 9.3M | 8.86M | 8.24M | 8.04M | 5.67M | 2.3M | 837K | 335K | 93K | 62K | 85K |
| Interest Income | 0 | 7.9M | 8.3M | 8M | 7.8M | 8.49M | 9.37M | 9.29M | 9.58M | 9.3M | 8.86M | 8.24M | 8.04M | 5.67M | 2.3M | 837K | 335K | 93K | 62K | 85K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 6.2M | 7.5M | 7.8M | 8.1M | 8.1M | 6.57M | 9.59M | 9.27M | 9.3M | 9.51M | 8.53M | 8.23M | 8.14M | 5.84M | 1.32M | -336K | -90K | -2K | -224K | 127K |
| Pretax Income | -19.1M | -24.8M | -7.8M | -7M | -6.3M | -23.93M | -12.18M | -21.94M | -20.5M | -19.05M | -31.05M | -30.14M | -30.94M | -50.18M | -35.02M | -48.17M | -37.26M | -47.49M | -31.65M | -45.66M |
| Pretax Margin % | -9.76% | -12.6% | -4.02% | -3.74% | -3.51% | -13.36% | -6.92% | -12.88% | -12.12% | -11.28% | -18.76% | -19.61% | -20.95% | -35.29% | -25.68% | -38.61% | -30.94% | -41.31% | -28.81% | -44.72% |
| Income Tax | 1.4M | 2M | 800K | 800K | 1.5M | -2.32M | 1.51M | 1.03M | 800K | 1.31M | 1.04M | 1.6M | 1.43M | 1.53M | 1.01M | 1.16M | 1.01M | 246K | 800K | 705K |
| Effective Tax Rate % | -7.33% | -8.06% | -10.26% | -11.43% | -23.81% | 9.69% | -12.36% | -4.69% | -3.9% | -6.87% | -3.34% | -5.3% | -4.61% | -3.06% | -2.9% | -2.41% | -2.71% | -0.52% | -2.53% | -1.54% |
| Net Income | -20.5M | -26.8M | -8.6M | -7.8M | -7.8M | -21.61M | -13.69M | -22.97M | -21.3M | -20.36M | -32.09M | -31.74M | -32.36M | -51.72M | -36.04M | -49.33M | -38.27M | -47.74M | -32.45M | -46.36M |
| Net Margin % | -10.48% | -13.61% | -4.43% | -4.17% | -4.35% | -12.06% | -7.77% | -13.49% | -12.6% | -12.05% | -19.38% | -20.65% | -21.92% | -36.37% | -26.42% | -39.55% | -31.78% | -41.53% | -29.53% | -45.41% |
| Net Income Growth % | -162.82% | -24.01% | 37.18% | 66.05% | 63.38% | -6.16% | 57.34% | 27.63% | 34.19% | 60.64% | 10.96% | 35.66% | 15.43% | -8.34% | -11.05% | -6.41% | -105.05% | -78.67% | - | - |
| Net Income (Continuing) | -20.5M | -26.8M | -8.6M | -7.8M | -7.8M | -21.61M | -13.69M | -22.97M | -21.3M | -20.36M | -32.09M | -31.74M | -32.36M | -51.72M | -36.04M | -49.33M | -38.27M | -47.74M | -32.45M | -46.36M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.12 | -0.16 | -0.05 | -0.05 | -0.05 | -0.14 | -0.09 | -0.15 | -0.14 | -0.13 | -0.21 | -0.21 | -0.22 | -0.35 | -0.25 | -0.34 | -0.27 | -0.34 | -0.23 | -0.35 |
| EPS Growth % | -140% | -14.29% | 39.93% | 68% | 64.29% | -7.69% | 58.62% | 28.57% | 36.36% | 62.86% | 16% | 38.24% | 18.52% | -2.94% | -8.7% | 2.86% | -92.86% | -70% | - | - |
| EPS (Basic) | -0.12 | -0.16 | -0.05 | -0.05 | -0.05 | -0.14 | -0.09 | -0.15 | -0.14 | -0.13 | -0.21 | -0.21 | -0.22 | -0.35 | -0.25 | -0.34 | -0.27 | -0.34 | -0.24 | -0.35 |
| Diluted Shares Outstanding | 168.7M | 167.2M | 164.6M | 162.5M | 160.7M | 159.18M | 157.61M | 156.29M | 156.38M | 153.69M | 150.85M | 150.26M | 148.97M | 147.18M | 146.02M | 144.78M | 143.03M | 141.12M | 138.85M | 131.8M |
| Basic Shares Outstanding | 168.7M | 167.2M | 164.6M | 162.5M | 160.7M | 159.18M | 157.61M | 156.29M | 156.38M | 153.69M | 150.85M | 150.26M | 148.97M | 147.18M | 146.02M | 144.78M | 143.03M | 141.12M | 137.59M | 131.8M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |