Coursera, Inc.
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
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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.
Sep 30, 2026 · Filed Nov 5, 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
Condensed Consolidated Statements of Operations
Table of Contents
Condensed Consolidated Statements of Operations
(In millions, except per share amounts)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue | $376.7 | $194.2 | $871.0 | $560.6 |
| Cost of revenue | 156.6 | 88.2 | 368.9 | 254.0 |
| Gross profit | 220.1 | 106.0 | 502.1 | 306.6 |
| Operating expenses: | ||||
| Research and development | 52.1 | 30.0 | 127.1 | 88.8 |
| Sales and marketing | 129.5 | 67.4 | 302.8 | 187.8 |
| General and administrative | 36.6 | 24.2 | 90.5 | 76.0 |
| Merger, integration, and restructuring related costs | 30.8 | — | 120.6 | (0.9) |
| Total operating expenses | 249.0 | 121.6 | 641.0 | 351.7 |
| Loss from operations | (28.9) | (15.6) | (138.9) | (45.1) |
| Interest income, net | 6.8 | 8.3 | 21.6 | 24.1 |
| Other expense, net | (0.9) | (0.5) | (3.1) | (0.1) |
| Loss before income taxes | (23.0) | (7.8) | (120.4) | (21.1) |
| Income tax expense | 2.6 | 0.8 | 6.1 | 3.1 |
| Net loss | $(25.6) | $(8.6) | $(126.5) | $(24.2) |
| Net loss per share—basic and diluted | $(0.10) | $(0.05) | $(0.57) | $(0.15) |
| Weighted average shares used in computing net loss per share—basic and diluted | 264.7 | 164.6 | 222.6 | 162.6 |
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