Coursera Q3 revenue nearly doubles, beating estimates on enterprise segment jump
COUR•Coursera’s Q3 revenue rose 94% year over year to $376.7 million, beating the $368.52 million estimate. The company forecast Q4 revenue of $358 million to $366 million and narrowed its 2026 revenue outlook to $1.229 billion-$1.237 billion.
1. Revenue and outlook
Coursera reported Q3 revenue of $376.7 million, up 94% year over year and above the $368.52 million analyst estimate. Non-GAAP net income climbed 242% year over year, and the company repurchased $102 million in shares during the quarter. For Q4 2026, it expects revenue of $358 million to $366 million and adjusted EBITDA of $55 million to $59 million; it narrowed its 2026 revenue outlook to $1.229 billion-$1.237 billion.
2. Segment performance
Enterprise revenue rose 214% year over year, with gross profit up 267% and gross margin at 81.3%. Consumer revenue grew 35%, with gross profit up 45% and gross margin rising to 65.7%. Coursera said it achieved more than $150 million in annualized gross cost savings within eight months of the Udemy merger.
