Coursera, Inc.
For the period ended Mar 31, 2025. Filed May 1, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 1, 2025
COUR$3.76+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In millions, except par value amounts)
| March 31, 2025 | December 31, 2024 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $748.0 | $726.1 |
| Accounts receivable, net | 59.9 | 59.7 |
| Deferred costs, net | 24.2 | 24.7 |
| Prepaid expenses and other current assets | 21.9 | 20.2 |
| Total current assets | 854.0 | 830.7 |
| Property, equipment, and software, net | 37.9 | 36.9 |
| Operating lease right-of-use assets | 2.8 | 3.0 |
| Intangible assets, net | 24.9 | 24.5 |
| Other assets | 31.6 | 35.2 |
| Total assets | $951.2 | $930.3 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Educator partners payable | $100.5 | $101.9 |
| Other accounts payable and accrued expenses | 17.4 | 21.4 |
| Accrued compensation and benefits | 17.8 | 31.6 |
| Deferred revenue, current | 184.7 | 159.7 |
| Other current liabilities | 14.1 | 12.9 |
| Total current liabilities | 334.5 | 327.5 |
| Operating lease liabilities, non-current | 3.1 | 3.0 |
| Deferred revenue, non-current | 2.2 | 1.6 |
| Other liabilities | 0.9 | 0.8 |
| Total liabilities | 340.7 | 332.9 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.00001 par value—10.0 shares authorized and no shares issued and outstanding as of March 31, 2025 and December 31, 2024 | — | — |
| Common stock, $0.00001 par value—300.0 shares authorized as of March 31, 2025 and December 31, 2024; 165.3 shares issued and 161.3 shares outstanding as of March 31, 2025, and 165.3 shares issued and 160.1 shares outstanding as of December 31, 2024 | — | — |
| Additional paid-in capital | 1,516.3 | 1,506.7 |
| Treasury stock, at cost— 4.0 and 5.2 shares as of March 31, 2025 andDecember 31, 2024 | (37.8) | (49.1) |
| Accumulated deficit | (868.0) | (860.2) |
| Total stockholders’ equity | 610.5 | 597.4 |
| Total liabilities and stockholders’ equity | $951.2 | $930.3 |
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