Coursera Inc
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 22, 2024
COUR$3.76+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
Table of Contents
(In thousands, except share and per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenue | $635,764 | $523,756 | $415,287 |
| Cost of revenue | 305,993 | 192,277 | 165,818 |
| Gross profit | 329,771 | 331,479 | 249,469 |
| Operating expenses: | |||
| Research and development | 160,077 | 165,134 | 135,410 |
| Sales and marketing | 222,771 | 227,676 | 179,337 |
| General and administrative | 98,325 | 105,900 | 77,785 |
| Restructuring related charges | (5,806) | 10,149 | — |
| Total operating expenses | 475,367 | 508,859 | 392,532 |
| Loss from operations | (145,596) | (177,380) | (143,063) |
| Interest income, net | 34,432 | 9,144 | 320 |
| Other expense, net | (19) | (2,401) | (346) |
| Loss before income taxes | (111,183) | (170,637) | (143,089) |
| Income tax expense | 5,371 | 4,720 | 2,126 |
| Net loss | $(116,554) | $(175,357) | $(145,215) |
| Net loss per share—basic and diluted | $(0.77) | $(1.21) | $(1.28) |
| Weighted average shares used in computing net loss per share—basic and diluted | 150,957,814 | 145,263,726 | 113,587,523 |
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