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 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.
Coursera, Inc. director Christopher D. McCarthy received an equity award in the form of restricted stock units. He was granted 34,260 RSUs of common stock at no cash cost on June 11, 2026, recorded as an acquisition rather than an open-market purchase.
The RSUs will fully vest and convert into common shares on the earlier of June 11, 2027 and Coursera’s 2027 annual meeting of stockholders, if he remains in continuous service through that date. Following this grant, McCarthy directly holds 120,206 shares of Coursera common stock.
Coursera director Andrew Y. Ng reported a new equity award. On June 11, 2026, he received 34,260 shares of Coursera common stock in the form of a grant or award with no cash price per share.
The award represents restricted stock units that will fully vest and convert into common shares on the earlier of June 11, 2027 or Coursera’s 2027 annual meeting of stockholders, if he continues serving the company through that date. After this grant, Ng directly holds 7,277,586 Coursera shares, making this a routine compensation-related increase rather than an open-market purchase or sale.
Coursera, Inc. director Lydia Paterson reported an equity compensation grant in the form of 34,260 restricted stock units (RSUs) of common stock, awarded at no cash cost to her. These RSUs were automatically granted the day after Coursera’s 2026 Annual Meeting of Stockholders.
The RSUs will fully vest and convert into shares of Coursera common stock on the earlier of June 11, 2027 and the company’s 2027 annual meeting of stockholders, as long as she continues serving the company through that date. Following this grant, Paterson directly holds 110,398 shares of Coursera common stock.
Coursera, Inc. director Marylou Maco received a grant of 34,260 shares of common stock in the form of restricted stock units. These RSUs were automatically granted the day after the company’s 2026 annual shareholder meeting and carry no purchase price.
The RSUs will fully vest and convert into Coursera common shares on the earlier of June 11, 2027 or the company’s 2027 annual meeting, as long as Maco continues serving the company through that vesting date. After this grant, she directly holds 82,646 common shares.
Coursera director Sohaib Abbasi reported an equity award of 34,260 shares of common stock in the form of restricted stock units (RSUs). The grant was automatically made the day after Coursera’s 2026 Annual Meeting of Stockholders and carries no purchase price.
The RSUs will fully vest and convert into Coursera common shares on the earlier of June 11, 2027 or the company’s 2027 annual meeting, as long as Abbasi continues serving with the company through that date. After this award, he holds 125,597 Coursera shares directly.