Coursera, Inc.
For the period ended Dec 31, 2025. Filed Feb 23, 2026.
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FY2025 · Filed Feb 23, 2026
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
Consolidated Statements of Operations
(In millions, except per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenue | $757.5 | $694.7 | $635.8 |
| Cost of revenue | 344.1 | 323.3 | 306.0 |
| Gross profit | 413.4 | 371.4 | 329.8 |
| Operating expenses: | |||
| Research and development | 121.6 | 132.1 | 160.1 |
| Sales and marketing | 255.7 | 234.9 | 222.8 |
| General and administrative | 114.4 | 108.7 | 98.3 |
| Restructuring related charges | (0.9) | 8.9 | (5.8) |
| Total operating expenses | 490.8 | 484.6 | 475.4 |
| Loss from operations | (77.4) | (113.2) | (145.6) |
| Interest income, net | 32.0 | 36.7 | 34.4 |
| Other income (expense), net | (0.5) | (2.0) | — |
| Loss before income taxes | (45.9) | (78.5) | (111.2) |
| Income tax expense | 5.1 | 1.0 | 5.4 |
| Net loss | $(51.0) | $(79.5) | $(116.6) |
| Net loss per share—basic and diluted | $(0.31) | $(0.51) | $(0.77) |
| Weighted average shares used in computing net loss per share—basic and diluted | 163.8 | 157.4 | 151.0 |
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