Coursera, Inc. (COUR) Q3 2025 10-Q Quarterly Report

Filed: Oct 31, 2025Period ending Sep 30, 2025
Information Technology
Services-Prepackaged SoftwareSEC EDGAR

Coursera, Inc. (COUR) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Oct 31, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Coursera, Inc. Q3 2025 10-Q Analysis

Risk Factors

  • New risk: Opposition to 2025 revenue share updates with content creators based on learner engagement replacing enrollment rates
  • Most materially updated risk: 23% of revenue from top five content creators exposes business to significant content concentration risk
  • Regulatory risk: Potential changes to U.S. Department of Education "Dear Colleague" Letter affecting degree programs' validity
  • Operational risk: Rising marketing costs and search engine algorithm changes increasing learner acquisition expenses, affecting near-term growth
  • Financial risk: Macroeconomic uncertainty and inflation impacting discretionary spending, payment cycles, and accounts receivable collection

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