Recent Updates — COUR
Coursera reported third-quarter revenue of $376.7 million, a 94% increase year over year driven by the inclusion of Udemy’s operating results following its May acquisition. The company narrowed its full-year 2026 revenue outlook to $1.229 billion–$1.237 billion and raised its Q4 Adjusted EBITDA margin target to approximately 16%. GAAP net loss was $25.6 million, while non-GAAP net income reached $57.1 million with an Adjusted EBITDA of $61.5 million. Coursera also announced accelerated integration progress, targeting full synergy realization by year-end, and previewed Project Helix, an AI-native skills platform expected in early 2027. The company operates a global online learning platform providing courses, credentials, and degrees through partnerships with universities and industry leaders.
Coursera appointed Tom Savage as Senior Vice President, Chief Legal Officer and Corporate Secretary, effective September 21, 2026. He succeeds Alan Cardenas, who will remain as General Counsel through the end of 2026 to support the transition before stepping down from officer status. Savage receives a $425,000 annual base salary, a target bonus equal to 60% of base, and a one-time equity award valued at $2,450,000 in restricted stock units vesting over three years. Cardenas previously served as General Counsel for five years, overseeing the company's public listing and combination with Udemy. Coursera operates in the online education industry, providing digital learning platforms and credentials.
Coursera reported Q2 2026 revenue of $298.6 million, up 60% year-over-year, driven by the May 11 acquisition of Udemy. The company raised its full-year 2026 revenue guidance to a range of $1.220 billion to $1.245 billion and increased its Adjusted EBITDA margin target to approximately 14%. Coursera expects to achieve at least $85 million in annual run-rate net synergies by year-end, accelerating the timeline for its full $115 million synergy target. Additionally, Coursera announced a $100 million strategic investment in LearnVector, an AI-native learning company founded by Andrew Ng, acquiring a 33.33% ownership interest. The company repurchased $90 million of shares in Q2 and has bought back over $140 million under its $500 million authorization. Coursera operates as a leading global online learning platform providing skills development solutions.
Coursera, Inc. announced a workforce reduction plan on July 6, 2026, following its merger with Udemy, Inc. The company expects to incur costs between $8 million and $11 million, primarily for severance and healthcare benefits, mostly in the third and fourth quarters of 2026. Coursera, Inc. operates in the online education industry and provides online learning platforms.
Coursera, Inc. released supplemental materials following its May 11, 2026, merger with Udemy, Inc. to provide combined 2026 financial outlook and pro forma historical revenue data for both entities. The supplemental data includes unaudited historical revenue disaggregated by product and segment for fiscal 2025 and the quarter ended March 31, 2026. Coursera, Inc. operates in the online education industry, providing digital learning platforms and courses.
On May 11, 2026, Coursera, Inc. completed its combination with Udemy, Inc. pursuant to a Merger Agreement dated December 17, 2025. Udemy became a wholly owned subsidiary of Coursera. This filing is an amendment to the original 8-K to provide required historical and pro forma financial statements of the acquired business. Coursera operates in the online education industry, providing a platform for courses, certificates, and degrees.