Online learning platform offering courses, certificates and degrees from universities and companies to individual and enterprise learners.
Online learning platform offering courses, certificates and degrees from universities and companies to individual and enterprise learners.
Earns from three payers: individuals who subscribe or buy certificates, the largest line; employers and governments that buy seats for staff; and universities whose degree programmes it hosts in return for a share of tuition. Partners who provide the content share in what learners pay.
Moat: narrow (network effects, brand, scale). Large content library from top university/company partners and brand recognition create a two-sided platform effect.
Headquarters: Mountain View, California · Founded: 2012 · Employees: 1,307
Size Coursera (COUR) is a United States Consumer Discretionary company (Miscellaneous Commercial Services) with a market value of $989M, the 2255th largest of 3,117 United States companies the cockpit tracks. Shares closed at $3.74 on 6 Nov 2026.
Performance Over six months the shares fell 35.3%, against -15.9% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd lowest of 7 in its peer set.
Growth Revenue grew 44.4% over the last twelve months (peer median +8.1%); the operating margin is -3.5% (peer median 8.1%).
Valuation It trades at 6.4× forward earnings against a peer median of 14.9× (2nd cheapest of 7).
Capital Return on invested capital runs 21.7 points below its cost of capital (11.1% WACC).
Short interest Short interest is 9.0% of the free float (15 Oct 2026).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.07B | $758M | $695M | $636M | $524M |
| Revenue growth | — | +9% | +9% | +21% | — |
| Gross profit | $609M | $415M | $371M | $330M | $331M |
| EBITDA | $33.9M | -$33.8M | -$68.8M | -$129M | -$149M |
| Net income | -$153M | -$51.0M | -$79.5M | -$117M | -$175M |
| Free cash flow | -$10.7M | $89.1M | $76.6M | $13.2M | -$51.9M |
| Capital expenditure | $26.8M | $30.2M | $36.1M | $21.7M | $15.3M |
| Total debt | n/a | $5.70M | $3.06M | $6.60M | $14.4M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Coursera COUR | $989M | -35% | +44% | -4% | 6.4× | n/a |
| Microsoft MSFT | $3.94T | +28% | +18% | 47% | 25.5× | 17.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | COUR | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -29.0% | -20.5% | lowest of 7 |
| 6-month return | -35.3% | -15.9% | 2nd lowest of 7 |
| Distance from 52-week high | -57.9% | -37.5% | 2nd lowest of 7 |
| Revenue growth (TTM) | +44.4% | +8.1% | highest of 7 |
| Operating margin | -3.5% | 8.1% | 2nd lowest of 7 |
| Forward P/E | 6.4× | 14.9× | 2nd cheapest of 7 |
| ROIC minus cost of capital | -21.7 pp | +1.4 pp | lowest of 6 |
| Net debt / EBITDA | -23.2× | 3.0× | least indebted of 6 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Coursera COUR | United States | $989M | -35% | +44% | -4% | 6.4× | n/a | n/a |
| Universal Technical Institute UTI | United States | $1.10B | +49% | +9% | 5% | 30.1× | n/a | n/a |
| Lincoln Educational Services LINC | United States | $560M | -61% | +22% | 6% | 18.7× | 13.1% | +12.1% |
| Gaotu Techedu, Inc. Sponsored ADR GOTU | United States | $552M | +18% | +25% | -7% | 386.9× | -11.9% | -3.7% |
| McGraw Hill MH | United States | $2.08B | -8% | 0% | 16% | 5.6× | -5.6% | +2.6% |
| Bright Horizons Family Solutions BFAM | United States | $2.57B | -24% | +7% | 10% | 9.8× | 5.0% | +14.1% |
| Grand Canyon Education LOPE | United States | $3.07B | -29% | +7% | 28% | 11.1× | -7.3% | +5.6% |