COUR at a glance
Coursera, Inc. (COUR, SEC CIK 1651562) filed its latest 10-K annual report on February 23, 2026, a 10-Q quarterly report on August 5, 2026, an 8-K current report on September 21, 2026 and Form 4 insider filings as recently as October 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Coursera, Inc. (COUR) reported revenue of $757.5 million (up 9.0% from FY2024) and a net loss of $51.0 million. Diluted EPS was -$0.31.
- As of June 30, 2026, 32 institutional investment managers tracked by SignalX reported holding Coursera, Inc. (COUR) shares worth $489.8 million in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Hart Gregory M. on October 1, 2026 of 10,308 shares at $5.11 per share.
- In the last 90 days, COUR insiders reported 2 open-market purchases ($11.4M) and 2 open-market sales ($105K) on Form 4, a net purchase of $11.3M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $757.5M
- +9.0% vs prior year
- Insiders · 90 days
- 2 buys · 2 sells
- Net +$11.3M
- 13F holders
- 32 funds
- $489.8M · +2 vs prior quarter
- Latest 8-K
- Sep 21, 2026
- Item 5.02 · Item 7.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: Online learning platform connecting learners, institutions, and content creators with global, customizable educational content for individuals and enterprises
- New strategic segment reporting structure introduced in 2025 dividing operations into Consumer and Enterprise segments
- CEO transition in February 2025 with Gregory Hart appointed, coinciding with business model simplification and reporting shift
- Revenue grew to $757.5M in 2025 from $694.7M in 2024; operating loss narrowed to $77.4M from $113.2M
- Planned merger agreement with Udemy announced December 2025, valued by stock exchange ratio, pending 2026 closing and approvals
Risk Factors
- Regulatory risk: potential impact from changes to U.S. Department of Education “Dear Colleague” Letter affecting degree programs
- Macroeconomic/geopolitical risk: 23% revenue exposure from top 5 content creators amid inflation, trade disputes, and anti-U.S. sentiment risks
- Operational vulnerability: reliance on content creators for education content and credentialing programs with revenue share change in 2025/2026
- Competitive risk: pressure from emerging generative AI and AI-driven advancements potentially disrupting online learning solutions and platform adoption
- Financial risk: concentration risk with 23% of total revenue from top five content creators, risking material adverse effects if partnerships weaken
Management Discussion & Analysis
- Revenue $757.5M, up 9% YoY from $694.7M
- Gross profit $413.4M vs $371.4M, non-GAAP gross profit $421.6M vs $379.6M
- Net loss $(51.0)M vs $(79.5)M; adjusted EBITDA $63.5M vs $41.5M
- Consumer and Enterprise segments; no specific segment revenue disclosed
- Operating cash flow $108.7M vs $95.4M; free cash flow $78.5M vs $59.3M; $40.5M termination fee potential linked to Udemy merger
- Merger with Udemy pending regulatory approval, expected H2 2026; CEO and CFO leadership transitions in 2025-2026
AI summary of the COUR 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Limited MD&A excerpt provided; no quarterly revenue, profitability, segment, cash-flow, or outlook figures disclosed
Risk Factors
- Newly added merger-integration risk triggered by Udemy transaction completed May 11, 2026
- Most materially updated risk: Udemy integration complexity across operating models, technology platforms, and content partners
- Regulatory risk: compliance with international, federal, and state education laws, including applicable state authorizations
- Near-term market risk: inflation and macroeconomic uncertainty potentially reducing learner and customer discretionary spending
- Financial risk: longer payment cycles and collection difficulties from worsening macroeconomic conditions
AI summary of the COUR 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 5.02: Departure/Appointment of Directors or Principal Officers
- No substantive Item 5.02 departure, election, or compensation information provided in the submitted excerpt
- Excerpt contains only an incorporation-by-reference disclaimer linkedin to the filing's disclosure status
Item EX-99.1: Item EX-99.1
- Tom Savage appointed Chief Legal Officer and Secretary effective September 21, 2026
- Alan Cardenas transitioning after five years, remaining General Counsel through end-2026 for handoff
Item 7.01: Regulation FD Disclosure
- Coursera appointed Mr. Savage, making leadership change the central investor-relevant disclosure
- Appointment details and effective timing are contained in the referenced September 21, 2026 press release
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 results for quarter ended June 30, 2026
- Press release and shareholder letter furnished as Exhibits 99.1 and 99.2
Item 8.01: Other Events
- $100.0M equity investment in LearnVector for 33.33% fully diluted ownership
- LearnVector founded by Andrew Ng, Coursera board chairman, creating related-party governance sensitivity
Item 2.05: Costs Associated with Exit or Disposal Activities
- Workforce reduction follows Coursera’s May 11, 2026 Udemy combination and integration planning
- Estimated restructuring costs of $8 million to $11 million, primarily employee severance and healthcare benefits
AI summaries of COUR 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for COUR
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- Fund moves. Which tracked funds opened, added or cut COUR, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Hart Gregory M. | Sell | Oct 1, 2026 | 10,308 | $5.11 |
| Savage Thomas I. | A | Sep 30, 2026 | 245,000 | - |
| Pale Fire Capital SE | Buy | Sep 29, 2026 | 1,000,000 | $4.61 |
| Pale Fire Capital SE | Buy | Sep 25, 2026 | 1,332,742 | $5.06 |
| Cardenas Alan B | Sell | Aug 17, 2026 | 9,139 | $5.71 |
| Hart Gregory M. | F | Aug 15, 2026 | 46,069 | $5.78 |
| Cardenas Alan B | F | Aug 15, 2026 | 9,203 | $5.78 |
| Modica Marcelo | F | Aug 15, 2026 | 11,241 | $5.78 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $635.8M | $694.7M | $757.5M |
| Gross Profit | $329.8M | $371.4M | $413.4M |
| Operating Income | - | -$113.2M | -$77.4M |
| Net Income | -$116.6M | -$79.5M | -$51.0M |
| Gross Margin | 51.9% | 53.5% | 54.6% |
| Op. Margin | - | -16.3% | -10.2% |
| Net Margin | -18.3% | -11.4% | -6.7% |
| Balance Sheet | |||
| Total Assets | - | $930.3M | $1.0B |
| Equity | - | $597.4M | $635.7M |
| ROE | - | -13.3% | -8.0% |
| Per Share | |||
| EPS | $-0.77 | $-0.51 | $-0.31 |
| Cash Flow | |||
| Operating CF | - | $95.4M | $108.7M |
Source: XBRL data in Coursera, Inc. (COUR)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate COUR share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 32 | $489.8M |
| Q1 2026 | 30 | $320.3M |
| Q4 2025 | 27 | $395.4M |
| Q3 2025 | 29 | $632.0M |
| Q2 2025 | 27 | $501.9M |
| Q1 2025 | 24 | $277.6M |
| Q4 2024 | 21 | $221.1M |
| Q3 2024 | 17 | $95.5M |
- BlackRock+6.81M (+49%)
- Ameriprise Financial+6.79M (+149%)
- Vanguard Capital Management LLC+4.64M (+73%)
- Vanguard Portfolio Management LLC+4.52M (+62%)
- D.E. Shaw & Co+2.85M (+812%)
- Goldman Sachs Group−1.57M (-62%)
- Citadel Advisors LLC−976.7K (-97%)
- FMR LLC (Fidelity)−30.3K (-4%)
- Two Sigma Investments−28.1K (-23%)
- Raymond James Financial−3.9K (-12%)
- Millennium Management+405.3K
- Allstate+69.2K
- Fifth Third Bancorp+4.8K
- M&T Bank−16.5K
Source: 13F-HR filings on SEC EDGAR (aggregated from 207 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
COUR filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Sep 29, 2026 | - | - | - |
| 8-K | Sep 21, 2026 | - | Analysis | - |
| 4 | Aug 18, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 10-Q | Aug 5, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 29, 2026 | - | Analysis | - |
| 8-K | Jul 6, 2026 | - | Analysis | - |
| 8-K | Jun 23, 2026 | - | - | - |
| 8-K | Jun 23, 2026 | - | Analysis | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 15, 2026 | - | - | - |
| 4 | Jun 15, 2026 | - | - | - |
| 8-K | Jun 11, 2026 | - | Analysis | - |
| 4 | May 20, 2026 | - | - | |
| 4 | May 20, 2026 | - | - | |
| 8-K | May 18, 2026 | - | Analysis | |
| SC 13G | May 15, 2026 | - | - |
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COUR SEC filings: frequently asked questions
Are COUR insiders buying or selling?
In the last 90 days, Coursera, Inc. (COUR) officers, directors and 10% owners reported 2 open-market purchases worth $11.4 million by 1 insider and 2 open-market sales worth $104,828 by 2 insiders on Form 4, a net purchase of $11.3 million. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold COUR stock?
As of June 30, 2026, the largest Coursera, Inc. (COUR) holders among the 13F filers tracked by SignalX were BlackRock ($116.2 million), Vanguard Portfolio Management LLC ($66.5 million), Ameriprise Financial ($64.0 million), Vanguard Capital Management LLC ($61.9 million), State Street Corp ($29.0 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was COUR's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Coursera, Inc. (COUR) reported revenue of $757.5 million (up 9.0% from FY2024) and a net loss of $51.0 million. Diluted EPS was -$0.31. The figures come from the XBRL data in the 10-K.
What are the main risks in COUR's latest 10-K?
In the 10-K filed February 23, 2026, Coursera, Inc. (COUR) flagged: Regulatory risk: potential impact from changes to U.S. Department of Education “Dear Colleague” Letter affecting degree programs. Macroeconomic/geopolitical risk: 23% revenue exposure from top 5 content creators amid inflation, trade disputes, and anti-U.S. sentiment risks. (AI summary of the Risk Factors section.)
What did COUR report in its latest 8-K?
Coursera, Inc. (COUR) filed an 8-K on September 21, 2026 reporting Item 5.02 (Departure/Appointment of Directors or Principal Officers) and Item 7.01 (Regulation FD Disclosure). No substantive Item 5.02 departure, election, or compensation information provided in the submitted excerpt.
What are the latest COUR SEC filings?
Coursera, Inc. (COUR) filed its latest 10-K annual report on February 23, 2026, a 10-Q quarterly report on August 5, 2026, an 8-K current report on September 21, 2026 and a Form 4 insider filing on October 2, 2026.
What is COUR's SEC CIK number?
Coursera, Inc. (COUR)'s SEC Central Index Key (CIK) is 1651562. EDGAR lists every COUR filing under that number.
Ask anything about COUR
The research agent reads COUR's filings, financials, insider trades and 13F holders, then answers with sources.