NYSE$COUR

Coursera Inc. · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Coursera's Q4 2021 financial performance reflected growth in revenue and gross profit, but also an increase in net loss.

Coursera's Q4 2021 earnings showed a 38% increase in total revenue to $115.0 million, and a 64% increase in gross profit to $71.3 million. However, the company's net loss also increased to $(47.7) million, compared to $(26.7) million in the same quarter of the previous year.

  • Total revenue increased by 38% year-over-year, reaching $115.0 million.
  • Gross profit grew by 64% year-over-year, amounting to $71.3 million.
  • Net loss widened to $(47.7) million, compared to $(26.7) million in the prior year.
  • The company added 5 million new registered learners, bringing the total to 97 million.

Headline financials

Total Revenue

$115M

Previous: $83.3M+38.1%
EPS (adj)

-$0.17

Previous: -$1.80+90.6%
Paid Enterprise Customers

803

Previous: 388+107.0%
Net Income

-$47.7M

Previous: -$26.7M-78.7%
Operating Income

-$47.5M

Previous: -$26.2M-81.3%
Gross Profit

$71.3M

Previous: $43.5M+63.9%
Cash & Equivalents

$581M

Previous: $79.9M+626.9%
Total Assets

$959M

Previous: $418M+129.6%
Stock-Based Comp

$23.3M

Previous: $5.53M+321.6%

Revenue & EPS history

Coursera · Revenue · Quarterly

$115M

Q4 2021+38.1%vs Q4 2020
Beat estimate in 11 of 13 quarters(85%)
ActualEstimate

Revenue by segment

Coursera · $102M total across 2 segments · Q4 2021

  • Consumer
    $65.8M+23.7%
  • Enterprise
    $35.9M+71.8%

Forward guidance

Coursera provided financial outlook for Q1 2022 and full year 2022.

Tailwinds

  • Q1 2022 revenue is expected to be in the range of $114 to $118 million
  • Full year 2022 revenue is projected to be in the range of $536 to $544 million

Headwinds

  • Q1 2022 Adjusted EBITDA is expected to be in the range of $(15.5) to $(18.5) million
  • Full year 2022 Adjusted EBITDA is projected to be in the range of $(45.5) to $(51.5) million

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 Q4 2021

Historical avgQ4 2021

+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

Earnings price reactions
QuarterReport dateReaction (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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