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. director Marylou Maco filed an initial statement of beneficial ownership on common stock. The filing reports direct ownership of 48,386 shares of Coursera common stock.
The footnotes explain that this position stems from Udemy, Inc. restricted stock units that fully vested and were converted into Coursera shares under an Agreement and Plan of Merger, using a 0.800 exchange ratio at the merger’s effective time.
Coursera, Inc. director Lydia Paterson reported her initial ownership of Coursera common stock on a Form 3. She holds 76,138 shares of common stock directly following the Merger of Chess Merger Sub, Inc. with Udemy, Inc., with Udemy becoming a wholly owned subsidiary of Coursera.
At the Merger’s effective time, each of Ms. Paterson’s outstanding restricted stock units in Udemy became fully vested and converted into Coursera common stock at a 0.800 exchange ratio. Her Udemy stock options were canceled because their exercise prices were higher than the value determined by the average Coursera trading price, multiplied by 0.800.
Coursera, Inc. director Sohaib Abbasi filed an initial ownership statement showing his holdings of Coursera common stock following Coursera’s merger with Udemy, Inc. At the effective time of the merger, each Udemy restricted stock unit held by Mr. Abbasi became fully vested and converted into Coursera shares at a 0.800-for-1 exchange ratio.
The filing reports that Mr. Abbasi holds 91,337 shares of Coursera common stock directly after this conversion, reflecting equity received in the merger rather than an open-market trade.
Coursera, Inc. is asking stockholders to elect three Class II directors, approve an advisory vote on executive pay, and ratify Deloitte & Touche LLP as independent auditor at its June 10, 2026 virtual annual meeting. Holders of common stock as of April 23, 2026 may vote.
The proxy highlights a transformative 2025. Revenue rose to about $757.5 million, up 9% year over year, with stronger Consumer and steady Enterprise performance, and Adjusted EBITDA margin reached 8.4%. Net cash from operating activities was $108.7 million and Free Cash Flow was a record $78.5 million, showing improved profitability and cash generation.
On May 11, 2026 Coursera closed its stock-for-stock merger with Udemy, making Udemy a wholly owned subsidiary. Based on 2025 results, the combined company generated over $1.5 billion in annual revenue and is positioned to invest more aggressively in AI-driven learning experiences and global skills development. The filing also describes refreshed board composition post‑merger, director skills, non‑employee director pay (including 2025 RSU grants with a target value of $185,000), stock ownership guidelines, and extensive shareholder engagement after a 60.5% say‑on‑pay vote.
Coursera, Inc. completed its previously announced all-stock merger with Udemy, Inc., making Udemy a wholly owned subsidiary. Each Udemy share was exchanged for 0.800 shares of Coursera common stock, with cash paid in lieu of fractional shares.
The company expects the combined business to generate more than $1.5 billion of annual revenue in 2025 and achieve run-rate annual cost synergies of $115 million within 24 months. Former Coursera stockholders now own about 59% of the combined company and former Udemy stockholders about 41%. Coursera also doubled its authorized common shares from 300 million to 600 million and restructured its board, adding three former Udemy directors, including a new audit committee chair designated as an audit committee financial expert.
Coursera reported first-quarter 2026 results showing solid revenue growth but lower profitability as it advances a planned merger with Udemy. Revenue rose 9% year over year to $195.7 million, driven by Consumer revenue of $129.5 million and Enterprise revenue of $66.2 million.
Gross profit increased to $108.6 million and gross margin edged up to 55.5%, helped by lower content cost rates. However, net loss widened to $20.5 million, mainly due to higher operating expenses, including $10.0 million of M&A transaction and integration costs related to the Udemy deal.
Coursera ended the quarter with $789.8 million in cash and cash equivalents and generated $14.6 million of operating cash flow and $3.0 million of free cash flow. Non‑GAAP net income was $12.4 million and Adjusted EBITDA was $13.5 million, both below the prior-year quarter.
Coursera, Inc. filed an amended annual report to update Part III with detailed information on directors, executive officers, governance, and executive compensation for 2025, plus refreshed cover-page data, including 169.3 million shares outstanding and a non-affiliate market value of about $1.2 billion.
The company highlights a strategy shift under new CEO Gregory Hart, including reorganizing into Consumer and Enterprise segments and agreeing to acquire Udemy via a merger. For 2025, Coursera reports revenue of $757 million, Consumer revenue of $502 million, Adjusted EBITDA of $63 million (8.4% margin), and a net loss of $51.0 million.
Operating cash flow reached $108 million and free cash flow $78 million, both growing double digits year over year. Executive pay programs were redesigned to emphasize pay-for-performance, with 2025 bonuses paying out at 106.3% of target and performance stock units paying out at 110.66% of target based on revenue. Beginning in 2026, performance-based equity rises to 50% of executive awards, and the new CEO’s package is 99% variable, heavily weighted to options and performance-based stock options tied to ambitious stock-price thresholds.
Coursera reported Q1 2026 revenue of $195.7 million, up 9% year over year, led by 10% growth in its Consumer segment. Consumer revenue reached $129.5 million, while Enterprise revenue rose 7% to $66.2 million.
GAAP net loss widened to $20.5 million, or a net loss margin of 10.5%, compared with a $7.8 million loss a year earlier. On a non-GAAP basis, Coursera generated net income of $12.4 million and Adjusted EBITDA of $13.5 million, a 6.9% margin, both down versus Q1 2025. Free Cash Flow declined to $3.0 million.
Gross profit improved 11% to $108.6 million, with gross margin expanding to 55.5%, helped by a new platform fee and greater use of Coursera-produced content. The company ended the quarter with about $790 million in cash and no debt, and 205 million total registered learners.
Coursera reaffirmed full-year 2026 guidance for revenue between $805 million and $815 million and Adjusted EBITDA between $70 million and $76 million, targeting an annual Adjusted EBITDA margin of roughly 9%. It also highlighted progress toward its planned all-stock merger with Udemy, which has shareholder approval and is expected to deliver about $115 million in annual run-rate cost synergies within 24 months of closing.
Coursera, Inc. reported that its stockholders approved key items needed to complete its planned acquisition of Udemy, Inc. At a special meeting, holders of 112,952,116 shares of Coursera common stock were represented out of 169,313,599 shares outstanding as of the record date, constituting a quorum.
Stockholders approved issuing Coursera common shares under the Merger Agreement, with 112,318,586 votes in favor, 273,944 against and 359,586 abstentions. They also adopted an amendment to Coursera’s charter to increase authorized common shares from 300,000,000 to 600,000,000, with 111,016,381 votes for, 1,581,645 against and 354,090 abstentions.
The proposal to adjourn the meeting was not needed because the main proposals passed. The Udemy merger remains subject to satisfaction of remaining closing conditions, including required approvals and other conditions described in the Merger Agreement and related disclosures.