Coursera Q1 Loss Widens to $20.5M While Revenue Tops Estimates by 9%
Coursera posted a Q1 net loss of $20.5 million, or $0.12 per share, against an adjusted profit of $0.07 per share and missed analysts’ 9-cent estimate. Revenue climbed 9% to $195.7 million, topping forecasts, and management guided Q2 revenue of $196M–$200M and full-year $805M–$815M.
1. Q1 Financial Results
Coursera reported a GAAP net loss of $20.5 million, or $0.12 per share, for the quarter ended March 31, 2026, while adjusted net income amounted to $12.4 million, or $0.07 per share. The company fell short of the 9-cent per-share consensus and recorded a net loss margin of 10.5%.
2. Segment Performance
Total revenue increased 9% year-over-year to $195.7 million, with Consumer revenue at $129.5 million (up 10%) and Enterprise revenue at $66.2 million (up 7%). Consumer gross profit margin expanded by 160 basis points to 63.2%, and Enterprise margin improved by 80 basis points to 70.8%.
3. Financial Outlook
For the quarter ending June, Coursera forecasts revenue between $196 million and $200 million, and for full year 2026 anticipates $805 million to $815 million. The company reaffirmed Adjusted EBITDA guidance of $70 million to $76 million, implying a roughly 9% margin at the midpoint.
4. Merger with Udemy
Coursera and Udemy shareholders have approved their all-stock merger, and both companies are completing remaining regulatory reviews and customary closing conditions. The combined platform aims to deliver a more comprehensive AI-powered skills network.