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COUR · Coursera, Inc.

Coursera, Inc. operates an online learning platform that provides education and skills training in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through Consumer and Enterprise segments. The company offers guided projects, courses, and specializations; online bachelor's and master's degrees; postgraduate diplomas; and certificates for entry-level professional, non-entry level professional, university, and MasterTrack programs in the domains of business, computer science, technology, and data science through Coursera.org for Individuals, Coursera Plus, Coursera for Enterprise, Coursera for Business, Coursera for Campus, and Coursera for Government. It offers its products to individuals, businesses, institutions, employers, colleges and universities, organizations, and governments. The company was formerly known as Dkandu, Inc. and changed its name to Coursera, Inc. in April 2012. Coursera, Inc. was incorporated in 2011 and is headquartered in Mountain View, California.

Cap structure and valuation

Cap structure
SP$5.03
SO264.4M
Options10.8M
Warrants0.0M
FD SO275.2M
MC$1.39B
Cash$871.7M
Total debt—
EV$513.9M
TTM Multiples
EV / Revenue0.6x
EV / EBITDA—
MC / Net Income—
EV / FCF15.4x
MC / FCF41.5x
Ownership & coverage
Institutional92.6%
Insiders3.3%
# Institutions336
Analysts9
Consensus—
Avg target$8.17
Short % float10.0%
Days to cover5.48

MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-07-29. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-09-30 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-09-15; the float denominator can be unreliable on tiny floats.

Financial statements

LTM12/31/2512/31/2412/31/2312/31/22
Total Revenue 885.40757.50694.70635.80523.76
Revenue YoY % 16.9%9.0%9.3%21.4%—
Cost of Revenue 390.60344.10323.30306.00192.28
Gross Profit 494.80413.40371.40329.80331.48
Gross Profit YoY % 19.7%11.3%12.6%(0.5%)—
Gross Margin % 55.9%54.6%53.5%51.9%63.3%
SG&A 435.10370.10343.60321.10333.58
R&D 137.80121.60132.10160.10165.13
Operating Expense 652.70490.80484.60475.40508.86
Operating Income (157.90)(77.40)(113.20)(145.60)(177.38)
Operating Income YoY % (104.0%)31.6%22.3%17.9%—
Operating Margin % (17.8%)(10.2%)(16.3%)(22.9%)(33.9%)
EBITDA (113.60)(48.60)(88.10)(123.30)(158.88)
EBITDA Margin % (12.8%)(6.4%)(12.7%)(19.4%)(30.3%)
Other Income / (Expense) 27.9031.5034.6734.456.74
Pretax Income (130.00)(45.90)(78.53)(111.15)(170.64)
Tax Provision 6.305.101.005.404.72
Net Income (136.30)(51.00)(79.53)(116.55)(175.36)
Net Income to Common (136.30)(51.00)(79.50)(116.60)(175.36)
Net Margin % (15.4%)(6.7%)(11.4%)(18.3%)(33.5%)
Diluted EPS -$0.67-$0.31-$0.51-$0.77-$1.21
Basic EPS -$0.67-$0.31-$0.51-$0.77-$1.21
Diluted Avg Shares 233.4163.8157.4151.0145.3
Basic Avg Shares 233.4163.8157.4151.0145.3

Insider activity (last 2 years)

Date Filed Reporter Relationship Trans. Date Code Shares Price Total Value
2026-09-29 Pale Fire Capital SE 10% Owner 2026-09-29 P 1,000,000 $4.61 $4,606,200
2026-09-29 Pale Fire Capital SE 10% Owner 2026-09-25 P 1,332,742 $5.06 $6,748,872
2026-08-18 Cardenas Alan B Officer (SVP, General Counsel) 2026-08-17 S (9,139) $5.71 -$52,184
2026-08-18 Modica Marcelo Officer (SVP, Chief People Officer) 2026-08-15 F (11,241) $5.78 -$64,973
2026-08-18 Modica Marcelo Officer (SVP, Chief People Officer) 2026-08-15 F (936) $5.78 -$5,410
2026-08-18 Hart Gregory M. Director, Officer (President & CEO) 2026-08-15 F (46,069) $5.78 -$266,279
2026-08-18 Cardenas Alan B Officer (SVP, General Counsel) 2026-08-15 F (9,203) $5.78 -$53,193
2026-08-18 Cardenas Alan B Officer (SVP, General Counsel) 2026-08-15 F (1,355) $5.78 -$7,832
2026-06-15 SANDELL SCOTT D Director 2026-06-11 A 34,260 — $0
2026-06-15 Chang Carmen Director 2026-06-11 A 34,260 — $0
2026-06-15 MITCHELL THEODORE Director 2026-06-11 A 34,260 — $0
2026-06-15 McCarthy Christopher D. Director 2026-06-11 A 34,260 — $0
2026-06-15 Ng Andrew Y. Director 2026-06-11 A 34,260 — $0
2026-06-15 Paterson Lydia Director 2026-06-11 A 34,260 — $0
2026-06-15 Maco Marylou Director 2026-06-11 A 34,260 — $0
2026-06-15 ABBASI SOHAIB Director 2026-06-11 A 34,260 — $0
2026-05-20 Insight Holdings Group, LLC 10% Owner 2026-05-20 S (935,596) $5.24 -$4,906,359
2026-05-20 Insight Holdings Group, LLC 10% Owner 2026-05-20 S (21,655) $5.24 -$113,561
2026-05-20 Insight Holdings Group, LLC 10% Owner 2026-05-20 S (59,179) $5.24 -$310,341
2026-05-20 Insight Holdings Group, LLC 10% Owner 2026-05-20 S (411,869) $5.24 -$2,159,882
2026-05-20 Insight Holdings Group, LLC 10% Owner 2026-05-20 S (38,073) $5.24 -$199,659
2026-05-20 Insight Holdings Group, LLC 10% Owner 2026-05-19 S (290,305) $5.41 -$1,570,463
2026-05-20 Insight Holdings Group, LLC 10% Owner 2026-05-19 S (6,719) $5.41 -$36,348
2026-05-20 Insight Holdings Group, LLC 10% Owner 2026-05-19 S (18,363) $5.41 -$99,338
2026-05-20 Insight Holdings Group, LLC 10% Owner 2026-05-19 S (127,799) $5.41 -$691,354
2026-05-20 Insight Holdings Group, LLC 10% Owner 2026-05-19 S (11,814) $5.41 -$63,910
2026-05-20 Insight Holdings Group, LLC 10% Owner 2026-05-18 S (78,628) $5.69 -$447,307
2026-05-19 Cardenas Alan B Officer (SVP, General Counsel) 2026-05-18 S (9,139) $5.52 -$50,447
2026-05-19 Hart Gregory M. Director, Officer (President & CEO) 2026-05-15 F (46,069) $5.28 -$243,244
2026-05-19 Cardenas Alan B Officer (SVP, General Counsel) 2026-05-15 F (9,201) $5.28 -$48,581
2026-05-19 Cardenas Alan B Officer (SVP, General Counsel) 2026-05-15 F (1,355) $5.28 -$7,154
2026-05-19 Modica Marcelo Officer (SVP, Chief People Officer) 2026-05-15 F (11,241) $5.28 -$59,352
2026-05-19 Modica Marcelo Officer (SVP, Chief People Officer) 2026-05-15 F (935) $5.28 -$4,937
2026-03-31 Cardenas Alan B Officer (SVP, General Counsel) 2026-03-25 A 20,000 — $0
2026-03-31 Modica Marcelo Officer (SVP, Chief People Officer) 2026-03-25 A 20,000 — $0
2026-03-17 Foley Michael D. Officer (SVP, Chief Financial Officer) 2026-03-16 A 350,000 — $0
2026-02-25 Cardenas Alan B Officer (SVP, General Counsel) 2026-02-23 A 41,498 — $0
2026-02-25 Cardenas Alan B Officer (SVP, General Counsel) 2026-02-23 F (3,745) $6.01 -$22,507
2026-02-25 Modica Marcelo Officer (SVP, Chief People Officer) 2026-02-23 A 41,498 — $0
2026-02-25 Modica Marcelo Officer (SVP, Chief People Officer) 2026-02-23 F (3,741) $6.01 -$22,483
2026-02-18 Cardenas Alan B Officer (SVP, General Counsel) 2026-02-17 S (9,710) $5.92 -$57,483
2026-02-18 Hart Gregory M. Director, Officer (President & CEO) 2026-02-15 F (46,069) $5.92 -$272,728
2026-02-18 Modica Marcelo Officer (SVP, Chief People Officer) 2026-02-15 F (10,657) $5.92 -$63,089
2026-02-18 Cardenas Alan B Officer (SVP, General Counsel) 2026-02-15 F (9,759) $5.92 -$57,773
2026-02-18 Cardenas Alan B Officer (SVP, General Counsel) 2026-02-15 F (483) $5.92 -$2,859
2026-02-04 Hart Gregory M. Director, Officer (President & CEO) 2026-02-03 F (185,653) $5.86 -$1,087,927
2025-12-17 Cardenas Alan B Officer (SVP, General Counsel) 2025-12-15 S (8,078) $8.17 -$65,997
2025-11-18 Meyers Michele M Officer (VP, Accounting, and CAO) 2025-11-15 F (9,555) $8.48 -$81,026
2025-11-18 Cardenas Alan B Officer (SVP, General Counsel) 2025-11-15 F (12,089) $8.48 -$102,515
2025-11-18 Cardenas Alan B Officer (SVP, General Counsel) 2025-11-15 F (531) $8.48 -$4,503
2025-11-18 Modica Marcelo Officer (SVP, Chief People Officer) 2025-11-15 F (13,366) $8.48 -$113,344
2025-10-20 Meyers Michele M Officer (VP, Accounting, and CAO) 2025-10-16 S (3,500) $10.27 -$35,945
2025-09-22 Meyers Michele M Officer (VP, Accounting, and CAO) 2025-09-18 S (3,500) $11.31 -$39,585
2025-09-10 HAHN KENNETH R Officer (SVP, Chief Financial Officer) 2025-09-09 S (29,636) $11.97 -$354,743
2025-09-10 HAHN KENNETH R Officer (SVP, Chief Financial Officer) 2025-09-08 S (20,364) $11.46 -$233,371
2025-09-05 Cardenas Alan B Officer (SVP, General Counsel) 2025-09-03 S (24,631) $11.14 -$274,389
2025-08-19 Cardenas Alan B Officer (SVP, General Counsel) 2025-08-15 F (9,794) $11.91 -$116,647
2025-08-19 Cardenas Alan B Officer (SVP, General Counsel) 2025-08-15 F (417) $11.91 -$4,966
2025-08-19 Modica Marcelo Officer (SVP, Chief People Officer) 2025-08-15 F (31,755) $11.91 -$378,202
2025-08-19 Meyers Michele M Officer (VP, Accounting, and CAO) 2025-08-15 F (9,556) $11.91 -$113,812
2025-08-19 Meyers Michele M Officer (VP, Accounting, and CAO) 2025-08-15 S (2,500) $11.94 -$29,850
2025-08-18 HAHN KENNETH R Officer (SVP, Chief Financial Officer) 2025-08-15 S (25,000) $11.92 -$298,000
2025-08-18 HAHN KENNETH R Officer (SVP, Chief Financial Officer) 2025-08-15 F (42,906) $11.91 -$511,010
2025-08-18 HAHN KENNETH R Officer (SVP, Chief Financial Officer) 2025-08-15 F (3,900) $11.91 -$46,449
2025-08-18 HAHN KENNETH R Officer (SVP, Chief Financial Officer) 2025-08-14 M 49,503 $6.06 $299,988
2025-08-18 HAHN KENNETH R Officer (SVP, Chief Financial Officer) 2025-08-14 S (75,000) $11.87 -$890,250
2025-08-18 HAHN KENNETH R Officer (SVP, Chief Financial Officer) 2025-08-14 M (49,503) — $-0
2025-07-29 Meyers Michele M Officer (VP, Accounting, and CAO) 2025-07-25 S (12,500) $11.60 -$145,000
2025-05-23 SIMMONS SABRINA Director 2025-05-22 S (9,335) $8.48 -$79,161
2025-05-23 Clark Amanda Director 2025-05-22 S (9,334) $8.48 -$79,152
2025-05-23 Muigai Susan W. Director 2025-05-21 A 21,765 — $0
2025-05-23 Ng Andrew Y. Director 2025-05-21 A 21,765 — $0
2025-05-23 McCarthy Christopher D. Director 2025-05-21 A 21,765 — $0
2025-05-23 SANDELL SCOTT D Director 2025-05-21 A 21,765 — $0
2025-05-23 Chang Carmen Director 2025-05-21 A 21,765 — $0
2025-05-23 MITCHELL THEODORE Director 2025-05-21 A 21,765 — $0
2025-05-23 SIMMONS SABRINA Director 2025-05-21 A 21,765 — $0
2025-05-23 Clark Amanda Director 2025-05-21 A 21,765 — $0
2025-05-22 Cardenas Alan B Officer (SVP, General Counsel) 2025-05-20 S (6,101) $8.65 -$52,774
2025-05-19 Modica Marcelo Officer (SVP, Chief People Officer) 2025-05-15 F (2,535) $8.94 -$22,663
2025-05-19 Meyers Michele M Officer (VP, Accounting, and CAO) 2025-05-15 F (9,555) $8.94 -$85,422
2025-05-19 HAHN KENNETH R Officer (SVP, Chief Financial Officer) 2025-05-15 F (46,714) $8.94 -$417,623
2025-05-19 HAHN KENNETH R Officer (SVP, Chief Financial Officer) 2025-05-15 F (3,900) $8.94 -$34,866
2025-05-19 Cardenas Alan B Officer (SVP, General Counsel) 2025-05-15 F (9,792) $8.94 -$87,540
2025-05-19 Cardenas Alan B Officer (SVP, General Counsel) 2025-05-15 F (417) $8.94 -$3,728
2025-03-24 HAHN KENNETH R Officer (SVP, Chief Financial Officer) 2025-03-20 A 247,500 — $0
2025-03-24 Modica Marcelo Officer (SVP, Chief People Officer) 2025-03-20 A 112,500 — $0
2025-03-24 Meyers Michele M Officer (VP, Accounting, and CAO) 2025-03-20 A 62,500 — $0
2025-03-24 Cardenas Alan B Officer (SVP, General Counsel) 2025-03-20 A 112,500 — $0
2025-02-26 Cardenas Alan B Officer (SVP, General Counsel) 2025-02-24 A 18,431 — $0
2025-02-26 Cardenas Alan B Officer (SVP, General Counsel) 2025-02-24 F (1,666) $8.08 -$13,461
2025-02-26 HAHN KENNETH R Officer (SVP, Chief Financial Officer) 2025-02-24 A 122,875 — $0
2025-02-26 HAHN KENNETH R Officer (SVP, Chief Financial Officer) 2025-02-24 F (15,599) $8.08 -$126,040
2025-02-19 Ng Andrew Y. Director 2025-02-19 S (25,000) $8.26 -$206,568
2025-02-19 Cardenas Alan B Officer (SVP, General Counsel) 2025-02-19 S (5,613) $8.26 -$46,343
2025-02-19 Ng Andrew Y. Director 2025-02-18 S (110) $8.65 -$952
2025-02-19 Cardenas Alan B Officer (SVP, General Counsel) 2025-02-15 F (8,056) $8.85 -$71,296
2025-02-19 HAHN KENNETH R Officer (SVP, Chief Financial Officer) 2025-02-15 F (39,554) $8.85 -$350,053
2025-02-19 Meyers Michele M Officer (VP, Accounting, and CAO) 2025-02-15 F (8,789) $8.85 -$77,783
2025-02-05 Hart Gregory M. Director, Officer (President & CEO) 2025-02-03 A 1,873,171 — $0
2025-02-05 Hart Gregory M. Director, Officer (President & CEO) 2025-02-03 A 3,746,342 — $0
2025-02-05 Hart Gregory M. Director, Officer (President & CEO) 2025-02-03 A 1,404,879 — $0
2025-01-17 Ng Andrew Y. Director 2025-01-15 S (25,000) $8.67 -$216,660
2024-12-19 Ng Andrew Y. Director 2024-12-18 S (25,000) $8.75 -$218,655
2024-12-19 Ng Andrew Y. Director 2024-12-17 S (1,000) $8.78 -$8,781
2024-11-19 Cardenas Alan B Officer (SVP, General Counsel) 2024-11-18 S (6,102) $6.83 -$41,651
2024-11-19 Meyers Michele M Officer (VP, Accounting, and CAO) 2024-11-15 F (8,017) $6.93 -$55,558
2024-11-19 Maggioncalda Jeffrey Nacey Director, Officer (President & CEO) 2024-11-15 F (97,030) $6.93 -$672,418
2024-11-19 HAHN KENNETH R Officer (SVP, Chief Financial Officer) 2024-11-15 F (38,781) $6.93 -$268,752
2024-11-19 Clark Amanda Director 2024-11-15 S (1,562) $7.16 -$11,184
2024-11-19 Cardenas Alan B Officer (SVP, General Counsel) 2024-11-15 F (7,250) $6.93 -$50,242