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Coursera COUR Subscription — Revenue

Other product segments

Transactional and other
$23.5M+390%

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Other financials

Income statement

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Revenue$298.6M+59.6%
Gross profit$173.4M+68.8%
Operating income-$84.7M-461%
Net income-$80.4M-931%
EPS (diluted)-$0.34-580%

Balance sheet

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Cash & equivalents$874.0M+12.7%
Total debt$5.7M+86.0%
Total equity$1.2B+86.1%
Total assets$1.9B+98.8%

Cash flow

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Operating cash flow-$19.8M-156%
CapEx$300.0K-25.0%
Free cash flow-$20.1M-157%

Valuation

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Market cap$1.47B-29.3%
P/S1.7×-1.2×

Profitability

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Gross margin55.9%+1.5pp
Operating margin-17.8%+24.2pp
Net margin-15.4%-99.7pp
FCF margin3.8%-12.0pp

Returns & leverage

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Return on equity-15.2%+64.5pp
Debt / equity0.0×
Current ratio1.6×-1.0×

Where this comes from

Reported directly by Coursera in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Coursera’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:29 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001651562-26-000063
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenue$298.6$187.1$494.3$366.4
Cost of revenue125.284.4212.3165.8
Gross profit173.4102.7282.0200.6
Operating expenses:
Research and development43.729.375.058.8
Sales and marketing104.063.6173.3120.4
General and administrative30.624.953.951.8
Merger, integration, and restructuring related costs79.889.8(0.9)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Coursera's subscription — revenue?
Coursera (COUR) reported subscription — revenue of $261.1M in Q2 2026.
What does subscription — revenue mean?
This metric represents the total revenue generated from recurring subscription-based access to the platform's educational content and services. It reflects the company's ability to convert learners and institutional partners into long-term, predictable revenue streams through ongoing platform engagement. This figure is a key indicator of the stability and scalability of the business model as it shifts toward recurring service delivery.

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