Welcome to our dedicated page for Coursera SEC filings (Ticker: COUR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Coursera, Inc. filings document material events, operating and financial results, shareholder letters, governance matters and capital-structure disclosures for the online learning platform. Recent Form 8-K disclosures include quarterly and annual results, material agreements, shareholder voting matters, risk-factor categories and other public-company reporting items.
The company’s filings also record board and executive-officer matters, including chief financial officer and treasurer appointments, principal financial and accounting officer designations, and related compensation arrangements. These disclosures sit alongside information about Coursera’s Consumer and Enterprise business, credential catalog, institutional learning relationships and Delaware public benefit corporation status.
Coursera, Inc. received an amended Schedule 13G from multiple Insight-related investment entities reporting their ownership of Coursera common stock. The filing is a passive ownership report, with the reporting persons certifying that the securities are not held for the purpose of changing or influencing control.
The group headed by Insight Holdings Group, LLC reports 8,942,502 shares of Coursera common stock with shared voting and dispositive power, representing 3.4% of the class, based on 264,400,000 shares outstanding as of July 29, 2026
The reporting persons state they may be deemed a “group” under Section 13(d)(3) but expressly disclaim group status and membership for all purposes. They also reaffirm that the holdings are reported on a joint, passive basis under the Schedule 13G framework.
Coursera completed an all-stock merger with Udemy on May 11, 2026, issuing 116.6 million shares for total consideration of $673.6 million and recording $182.7 million of goodwill. Q2 revenue rose to $298.6 million, up 60% year over year, with Enterprise at $140.0 million and Consumer at $158.6 million.
Gross profit increased to $173.4 million, but large merger, integration, and severance costs of $79.8 million and higher operating expenses drove a GAAP net loss of $(80.4) million, while non-GAAP net income was $40.4 million and adjusted EBITDA was $42.7 million.
Cash, cash equivalents, and restricted cash reached $874.0 million, aided by $213.6 million acquired from Udemy, and deferred revenue rose to $501.4 million, supporting $919.8 million of remaining performance obligations. Coursera also began a $500 million share repurchase program and agreed to invest $100 million for a 33.33% stake in AI learning company LearnVector.
Baillie Gifford & Co reports beneficial ownership of Coursera, Inc. common stock on a passive Schedule 13G/A basis. The firm reports 15,409,837 shares beneficially owned, representing 5.38% of Coursera’s outstanding common stock as of June 30, 2026.
Baillie Gifford has sole voting power over 8,874,005 shares and sole dispositive power over all 15,409,837 shares, with no shared voting or dispositive power. The shares are held by Baillie Gifford & Co and/or its investment adviser subsidiaries on behalf of various investment advisory clients.
Coursera reported strong top-line growth for the quarter ended June 30, 2026, with revenue of $298.6 million, up 60% year over year, largely reflecting the inclusion of Udemy following the May 11 all-stock combination. More than 85% of revenue now comes from recurring subscription streams across its Enterprise and Consumer segments.
GAAP results were pressured by integration activity, with a net loss of $80.4 million and $79.8 million of merger, integration, and restructuring costs, while non-GAAP net income rose to $40.4 million. Adjusted EBITDA reached $42.7 million, a 14.3% margin, and management raised full-year 2026 revenue guidance to $1.220–$1.245 billion and increased the Adjusted EBITDA margin target to approximately 14%.
Enterprise revenue doubled to $140.0 million with a 79.3% gross margin, and Consumer revenue grew to $158.6 million with a 65.1% margin, though Enterprise Net Retention Rate eased to 91%. Coursera closed a $100 million strategic investment for a 33.33% stake in AI-native LearnVector and repurchased $90.3 million of stock in Q2, $140 million to date under its $500 million authorization, while ending the quarter with $982 million in cash, cash equivalents, and marketable securities and no debt.
Coursera, Inc. has approved a workforce reduction plan tied to its recent merger with Udemy. The plan is meant to better align its cost structure and staffing with post-merger business objectives and operational priorities.
The company expects to record approximately $8 million to $11 million of expenses, mainly for termination benefits such as severance and healthcare coverage for impacted employees. Most of these cash charges are expected to occur in the third and fourth quarters of 2026. Stock-based compensation from this action is not expected to be material. Coursera notes that local laws and consultation requirements could extend some position eliminations beyond 2026 and that actual charges may differ materially from current estimates. Management also highlights broader efficiency and synergy efforts related to the Udemy merger, with any additional associated costs and benefits to be disclosed in future periodic reports.
Coursera discusses its post‑merger profile after combining with Udemy and shares a detailed 2026 outlook. On a pro forma basis, the combined company generated more than $1.5 billion of revenue in 2025, split between Enterprise and Consumer segments.
For 2026, Coursera guides to reported revenue of $1.21–$1.24 billion, up 60–64% due to including Udemy only from mid‑May. On a normalized combined basis that assumes Udemy for the full year, revenue is expected at $1.49–$1.52 billion, a 4–2% decline as Enterprise grows modestly and Consumer faces transactional headwinds despite double‑digit subscription growth.
More than 80% of Q1 2026 revenue came from recurring Enterprise and Consumer subscription streams, and Q1 combined Consumer subscription revenue rose 17% year over year while non‑subscription revenue fell 24%. Coursera targets $115 million+ of annual run‑rate net synergies by the end of 2027, including at least $80 million by the end of 2026, supporting an expected 2026 gross margin of about 61.5% and Adjusted EBITDA margin of 13%, rising to roughly 16% in Q4.
Pro forma cash was $1.15 billion with no debt as of March 31, 2026, and Coursera has a $500 million share repurchase authorization, under which it has already bought back about $70 million of stock.
Coursera, Inc. filed an amendment to its prior merger report to provide detailed historical and unaudited pro forma financial information for its combination with Udemy, Inc. The filing applies acquisition accounting and shows how the two businesses would look as a single company.
The estimated merger consideration is $673.5 million, including 116.6 million Coursera shares valued at $5.66 per share. For the year ended December 31, 2025, pro forma combined revenue is $1,547.3 million with a net loss of $197.6 million, and goodwill is preliminarily estimated at $161.6 million on $418.5 million of acquired intangible assets. For the three months ended March 31, 2026, pro forma combined revenue is $387.1 million with a net loss of $52.7 million.
Coursera, Inc. director Scott D. Sandell received a grant of 34,260 restricted stock units of common stock at no cost. These RSUs will fully vest and convert into shares on the earlier of June 11, 2027 or Coursera’s 2027 annual meeting of stockholders, subject to his continuous service.
Following the grant, Sandell holds 106,230 shares directly. Entities associated with New Enterprise Associates hold additional Coursera shares indirectly, and Sandell disclaims beneficial ownership of portions in which he has no pecuniary interest.
Coursera, Inc. director Carmen Chang reported a compensation-related equity grant and updated her share holdings. On June 11, 2026, she received 34,260 restricted stock units (RSUs) of common stock at a grant price of $0.00. These RSUs will fully vest and convert into shares on the earlier of June 11, 2027 or Coursera’s 2027 annual meeting of stockholders, subject to her continuous service. Following this award, she holds 122,520 shares of Coursera common stock directly. An additional 2,205,883 shares are held indirectly through New Enterprise Associates 17, L.P.; she is affiliated with that entity but disclaims beneficial ownership of any portion in which she has no pecuniary interest.
MITCHELL THEODORE reported acquisition or exercise transactions in this Form 4 filing.
Coursera, Inc. director Theodore Mitchell received a grant of 34,260 shares of common stock in the form of restricted stock units. These RSUs were automatically granted following the 2026 Annual Meeting of Stockholders and will fully vest on the earlier of June 11, 2027 or the 2027 annual meeting, subject to continuous service. Following this award, Mitchell directly holds 106,230 shares.