COURCoursera, Inc.
Services-Prepackaged Software
- Revenue
- $758M
- 9.0% YoY
- Operating margin
- -10.2%
- 37% YoY
- EBITDA
- −$49M
- 45% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCFired13% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear9% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $415M | $524M | $636M | $695M | $758M | 9.0% |
| Operating income | −$143M | −$177M | −$146M | −$113M | −$77M | 32% |
| Net income | −$145M | −$175M | −$117M | −$80M | −$51M | 36% |
| Operating cash flow | $2M | −$38M | $30M | $95M | $109M | 14% |
| Capex | $2M | $2M | $1M | $2M | $2M | 6.3% |
| Stock-based comp | $91M | $111M | $110M | $108M | $95M | 12% |
| Buybacks | $0 | $0 | $59M | $37M | $0 | 100% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $11M · 2
- Open-market sells, 12 mo
- $53K · 1
- Net
- $11M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 16 | 161 |
| FY2024 | $660K | −$22M | 19 | 153 |
| FY2023 | $607K | $21M | 43 | 122 |
| FY2022 | $29M | $20M | 26 | 77 |
| FY2021 | $5M | $9M | 54 | 120 |