Coursera Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019
Revenue	721.67	694.67	635.76	523.76	415.29	293.51	Upgrade
Revenue Growth (YoY)	7.10%	9.27%	21.39%	26.12%	41.49%	59.16%	Upgrade
Cost of Revenue	330.07	323.17	305.88	192.25	165.75	138.85	Upgrade
Gross Profit	391.6	371.5	329.89	331.51	249.53	154.67	Upgrade
Selling, General & Admin	343.32	341.42	318.03	327.45	257.12	144.46	Upgrade
Research & Development	122.55	132.05	160.08	165.13	135.41	76.78	Upgrade
Other Operating Expenses	-0.71	0.09	0.12	0.03	0.06	-	Upgrade
Operating Expenses	465.15	473.55	478.23	492.61	392.6	221.25	Upgrade
Operating Income	-73.55	-102.05	-148.34	-161.11	-143.06	-66.58	Upgrade
Interest & Investment Income	33.63	36.73	34.43	9.14	0.32	1.16	Upgrade
Currency Exchange Gain (Loss)	-0.31	-1.01	-0.02	-2.4	-0.35	0.12	Upgrade
EBT Excluding Unusual Items	-40.23	-66.33	-113.93	-154.36	-143.09	-65.3	Upgrade
Merger & Restructuring Charges	-5.94	-8.94	5.81	-10.15	-	-	Upgrade
Gain (Loss) on Sale of Investments	-1	-1	-	-	-	-	Upgrade
Asset Writedown	-2.23	-2.23	-3.06	-6.12	-	-	Upgrade
Pretax Income	-49.4	-78.5	-111.18	-170.64	-143.09	-65.3	Upgrade
Income Tax Expense	1.53	1.03	5.37	4.72	2.13	1.52	Upgrade
Net Income	-50.93	-79.53	-116.55	-175.36	-145.22	-66.82	Upgrade
Net Income to Common	-50.93	-79.53	-116.55	-175.36	-145.22	-66.82	Upgrade
Shares Outstanding (Basic)	160	157	151	145	114	37	Upgrade
Shares Outstanding (Diluted)	160	157	151	145	114	37	Upgrade
Shares Change (YoY)	3.71%	4.25%	3.92%	27.89%	205.28%	15.28%	Upgrade
EPS (Basic)	-0.32	-0.51	-0.77	-1.21	-1.28	-1.80	Upgrade
EPS (Diluted)	-0.32	-0.51	-0.77	-1.21	-1.28	-1.80	Upgrade
Free Cash Flow	113.88	93.78	28.49	-39.63	0.19	-18.09	Upgrade
Free Cash Flow Per Share	0.71	0.60	0.19	-0.27	0.00	-0.49	Upgrade
Gross Margin	54.26%	53.48%	51.89%	63.29%	60.09%	52.70%	Upgrade
Operating Margin	-10.19%	-14.69%	-23.33%	-30.76%	-34.45%	-22.68%	Upgrade
Profit Margin	-7.06%	-11.45%	-18.33%	-33.48%	-34.97%	-22.76%	Upgrade
Free Cash Flow Margin	15.78%	13.50%	4.48%	-7.57%	0.05%	-6.16%	Upgrade
EBITDA	-64.41	-94.71	-142.96	-155.73	-138.04	-64.34	Upgrade
EBITDA Margin	-8.93%	-13.63%	-22.49%	-29.73%	-33.24%	-21.92%	Upgrade
D&A For EBITDA	9.14	7.34	5.38	5.38	5.02	2.24	Upgrade
EBIT	-73.55	-102.05	-148.34	-161.11	-143.06	-66.58	Upgrade
EBIT Margin	-10.19%	-14.69%	-23.33%	-30.76%	-34.45%	-22.68%	Upgrade
Advertising Expenses	-	62.39	44.82	39.94	28.74	21.01	Upgrade

Updated Jul 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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