NYSE$COUR

Coursera Inc. · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Coursera reported Q4 2025, revenue of $196.9M, net loss of $26.8M, diluted EPS of $-0.16.

For Q4 2025, Coursera reported revenue of $196.9M, a net loss of $26.8M, diluted EPS was $-0.16. Management discusses segment performance, capital allocation, and outlook in the earnings release.

  • Revenue $196.9M.
  • Net loss $26.8M.
  • Diluted EPS $-0.16.

Headline financials

Total Revenue

$197M

Previous: $179M+9.9%
EPS (adj)

-$0.16

Previous: $0.08-300.0%
New Registered Learners

6.8

Previous: 6.1+11.5%
Net Retention Rate

93.0%

Previous: 87.0%+6.9%
Total Registered Learners

197

Previous: 168+17.3%
Paid Enterprise Customers

1.7K

Previous: 1.6K+7.3%
Net Income

-$26.8M

Previous: -$21.6M-24.0%
Operating Income

-$32.3M

Previous: -$30.5M-5.9%
Gross Profit

$107M

Previous: $95.5M+11.8%

Revenue & EPS history

Coursera · Revenue · Quarterly

$197M

Q4 2025+9.9%vs Q4 2024
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

Coursera · $154M total across 2 segments · Q3 2023

  • Consumer
    $99M+26.9%
  • Enterprise
    $54.9M+14.4%

Forward guidance

The release discusses Coursera's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • Coursera cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • GAAP profitability remained under pressure in Q4 2025.
  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

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 2025

Historical avgQ4 2025

+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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