NYSE$COUR
Coursera Inc. · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Coursera's Q3 2024 financial results were released, showing revenue growth and increased profitability.
Coursera reported a 6% increase in revenue to $176.1 million and a significant improvement in net income, moving from a net loss of $(32.1) million to a net loss of $(13.7) million. The company also demonstrated strong bottom-line performance, raising the midpoint of its full year 2024 EBITDA Margin outlook by 170 basis points to 5.4%.
- Total revenue increased by 6% year-over-year to $176.1 million.
- Net loss improved from $(32.1) million to $(13.7) million year-over-year.
- Non-GAAP net income was $16.6 million, compared to a non-GAAP net loss of $(2.1) million in the prior year.
- Free Cash Flow increased to $16.7 million, compared to $13.5 million a year ago.
Headline financials
Revenue & EPS history
Coursera · Revenue · Quarterly
$176M
Revenue by segment
Coursera · $154M total across 2 segments · Q3 2023
- Consumer$99M+26.9%64.3%
- Enterprise$54.9M+14.4%35.7%
Forward guidance
Coursera provided revenue and Adjusted EBITDA guidance for Q4 2024 and full year 2024.
Tailwinds
- Fourth quarter 2024 revenue is expected to be in the range of $174 to $178 million.
- Fourth quarter 2024 Adjusted EBITDA is expected to be in the range of $4.5 to $6.5 million.
- Full year 2024 revenue is expected to be in the range of $690 to $694 million.
- Full year 2024 Adjusted EBITDA is expected to be in the range of $36.5 to $38.5 million.
- Adjusted EBITDA Margin outlook raised by 170 basis points to 5.4%.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+0.9%
Avg return
Earnings day
-0.7%
Avg return
5 days after
-3.6%
Avg return
30 days after
39%
9 / 23 earnings
Positive
+48.5%
Q2 2024
Best reaction
-14.7%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -11.6% | +2.3% | -10.9% | |
| Q4 2025 | -1.2% | -4.0% | +3.0% | |
| Q3 2025 | -12.6% | -20.0% | -23.2% | |
| Q2 2025 | +0.2% | -4.5% | -7.7% | |
| Q1 2025 | +13.6% | +9.4% | +10.0% | |
| Q4 2024 | -8.9% | -9.2% | -6.4% | |
| Q3 2024 | -8.1% | -5.2% | -5.1% | |
| Q2 2024 | +48.5% | +32.1% | +15.8% | |
| Q1 2024 | -14.6% | -19.7% | -35.8% | |
| Q4 2023 | -4.9% | -7.3% | -16.8% | |
| Q3 2023 | -0.6% | +0.2% | +13.4% | |
| Q2 2023 | +15.0% | +18.4% | +26.9% | |
| Q1 2023 | +21.8% | +10.6% | +21.8% | |
| Q4 2022 | -14.7% | -4.8% | -28.0% | |
| Q3 2022 | +4.5% | +4.4% | +11.4% | |
| Q2 2022 | -12.2% | -8.8% | -23.1% | |
| Q1 2022 | -2.5% | -5.0% | -16.3% | |
| Q4 2021 | -11.3% | -6.1% | -20.8% | |
| Q3 2021 | -13.0% | -9.7% | -22.4% | |
| Q2 2021 | +19.9% | +10.9% | +8.8% | |
| Q2 2020 | +19.9% | +10.9% | +8.8% | |
| Q4 2020 | +1.2% | +9.5% | +26.9% | |
| Q1 2021 | -8.9% | -21.6% | -14.1% |
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