AI Earnings Predictions for Coursera Inc. (COUR)

EX-99.1

2 cour-20260630xexx991.htm

EX-99.1

Document

Earnings Release

Q2 2026

Exhibit 99.1

Coursera Reports Second Quarter 2026 Financial Results

•Delivered second quarter revenue of $299 million and increased full year 2026 revenue outlook to range of $1.220 billion to $1.245 billion

•Now expects to achieve at least $85 million of annual run-rate net synergies by the end of 2026, reflecting accelerated integration execution

•Announced a $100 million strategic investment in LearnVector, a newly formed AI-native learning company founded by Andrew Ng, designed to accelerate Coursera's AI strategy and product innovation

•Repurchased $90 million of shares in the second quarter and more than $140 million to date under the $500 million share repurchase authorization

MOUNTAIN VIEW, Calif. (BUSINESS WIRE) – Coursera, Inc. (NYSE: COUR), a leading global online learning platform, today announced financial results for its second quarter ended June 30, 2026. A shareholder letter with additional discussion of the Company’s performance and outlook has been posted to the Investor Relations website at investor.coursera.com.

“Q2 marked an important milestone in Coursera’s next chapter of value creation. We closed the Udemy transaction, began operating as a combined company, and now expect to achieve at least $85 million of annual run-rate net synergies by the end of 2026, positioning us to finish the year with a meaningfully stronger financial profile,” said Greg Hart, Coursera CEO. “Together, the scale, skills intelligence, and innovation capacity of Coursera and Udemy give us the foundation to build a unified, next-generation platform, while our strategic investment in LearnVector accelerates the creation of more personalized, adaptive, and measurable AI-native learning experiences. By putting AI in service of human development, we are positioning Coursera to help learners and organizations achieve the trusted skills outcomes needed to meet one of the defining workforce challenges of our time.”

Key Financial Results

($ millions, except per share data, unaudited)Three Months Ended June 30,

20262025YoY Change

GAAP Financial Measures

Revenue$298.6 $187.1 60 %

Gross profit$173.4 $102.7 69 %

Gross profit margin58.1 %54.9 %320 bps

Net loss$(80.4)$(7.8)(931)%

Net loss per share$(0.34)$(0.05)(580)%

Net loss margin(26.9)%(4.2)% (2270) bps

Net cash (used in) provided by operating activities(1) $(19.8)$35.5 (156)%

Non-GAAP Financial Measures

Gross profit$185.8 $104.7 77 %

Gross profit margin62.2 %56.0 %620 bps

Net income$40.4 $19.3 109 %

Net income per share$0.17 $0.12 42 %

Adjusted EBITDA$42.7 $18.0 137 %

Adjusted EBITDA Margin14.3 %9.6 %470 bps

Free Cash Flow(1) $(32.6)$28.6 (214)%

(1) Net cash (used in) provided by operating activities includes cash payments of merger and integration related costs of $39.1 million and cash payments of merger-related personnel and severance costs of $18.1 million made during the three months ended June 30, 2026. There were no related cash payments made in the three months ended June 30, 2025.

1

Earnings Release

Q2 2026

For more information regarding the non-GAAP financial measures discussed in this press release, please see “Non-GAAP Financial Measures” and “Reconciliation of GAAP to Non-GAAP Financial Measures” below.

Segment Results

($ millions, unaudited)Three Months Ended June 30,

20262025YoY Change

Enterprise revenue$140.0 $64.3 118 %

Enterprise gross profit$111.0 $44.8 148 %

Enterprise gross profit margin79.3 %69.7 %960 bps

Consumer revenue$158.6 $122.8 29 %

Consumer gross profit$103.2 $75.3 37 %

Consumer gross profit margin65.1 %61.3 %380 bps

Key Business Metrics(1)

Three Months Ended June 30,

20262025YoY Change

Net Retention Rate for Enterprise Customers(2) 91 %95 %(4)%

June 30,

20262025YoY Change

Enterprise Customers(3) 12,10712,325(2)%

Paid Subscribers (in thousands) 1,6551,15244 %

(1) Key Business Metrics presented above represent the combined metrics of Coursera and Udemy, reflecting a unified reporting methodology. Historical combined metrics have been conformed to this unified reporting methodology for comparability purposes, and, therefore, may not equal the sum of each company’s previously reported metrics or be comparable to the financial information presented in this press release, which reflects the completion of the Udemy transaction on May 11, 2026 and incorporates Udemy’s operating results from the date of acquisition. For more information regarding the metrics discussed in this press release, please see “Key Business Metrics Definitions” below.

(2) On a standalone basis for the three months ended June 30, 2025, Coursera reported Net Retention Rate of 93% and Udemy reported Net Dollar Retention Rate of 95%. These legacy as-reported figures were calculated using each respective company’s pre-merger defined reporting methodology and are provided solely for historical reference.

(3) On a standalone basis Coursera reported 1,68

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cour-202602050001651562FALSE00016515622026-02-052026-02-05

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 5, 2026

COURSERA, INC.

(Exact name of Registrant as Specified in Its Charter)

Delaware001-4027545-3560292 (State or Other Jurisdiction of Incorporation)(Commission File Number)(IRS Employer Identification No.)

2440 West El Camino Real, Suite 500 Mountain View, California 94040 (Address of Principal Executive Offices)(Zip Code)

Registrant’s Telephone Number, Including Area Code: (650) 963-9884 Not Applicable (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered Common Stock, $0.00001 par value per shareCOURNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 2.02    Results of Operations and Financial Condition. On February 5, 2026, Coursera, Inc. (the “Company,” “we,” “us,” or “our”) issued a press release and shareholder letter announcing its financial results for the quarter and year ended December 31, 2025. The press release and shareholder letter are furnished as Exhibit 99.1 and 99.2, respectively, to this Current Report on Form 8-K. The information under Item 2.02 of this Current Report on Form 8-K, including Exhibits 99.1 and 99.2 hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information contained herein and in Exhibits 99.1 and 99.2 shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.

Item 9.01    Financial Statements and Exhibits. (d)Exhibits.

Exhibit No. Description 99.1Press release, dated February 5, 2026, announcing Coursera’s fourth quarter and year ended 2025 financial results

99.2Shareholder letter, dated February 5, 2026

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

COURSERA, INC.

Date: February 5, 2026By:/s/ Michael Foley

Michael Foley Senior Vice President, Chief Financial Officer, and Treasurer