Coursera, Inc.
Rank #333StartupCOUR · NYSE · Consumer Defensive
Coursera, Inc. (COUR) — Rank #333 by gross profitability (GP/assets 0.21) · ROE -4.4% · Piotroski F-Score 5 / 9.
As-of 2026-09-15 · CIK 0001651562 · all metrics point-in-time as of the filing date.
About
Coursera, Inc. operates an online learning platform that provides education and skills training in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.
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It operates through Consumer and Enterprise segments. The company offers guided projects, courses, and specializations; online bachelor's and master's degrees; postgraduate diplomas; and certificates for entry-level professional, non-entry level professional, university, and MasterTrack programs in the domains of business, computer science, technology, and data science through Coursera.org for Individuals, Coursera Plus, Coursera for Enterprise, Coursera for Business, Coursera for Campus, and Coursera for Government. It offers its products to individuals, businesses, institutions, employers, colleges and universities, organizations, and governments. The company was formerly known as Dkandu, Inc. and changed its name to Coursera, Inc. in April 2012. Coursera, Inc.
was incorporated in 2011 and is headquartered in Mountain View, California.
- Industry
- Education & Training Services
- Sector
- Consumer Defensive
- State
- DE
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- coursera.org
Price History
Company Snapshot
P/S is the primary valuation lens for pre-profit companies.
Market Cap
$1.43B
P/E (annual)
—
P/S (annual)
1.9
P/B
1.2
P/OCF (annual)
13.2
Shareholder Yield
-4.1%
Employees
1,307
Industry
Education & Training Services
Exchange
NYSE
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
1/2 passTerry Smith quality gate
Passes 1/5 Terry Smith thresholds2 of 5 thresholds not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
-4.5%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Dilution drag: 4.1% — per-share value needs a total required return of -0.5% once share-count change is priced in.
vs. own 6-year median revenue growth: 23.8%
within its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
-8.1%
r = 10% (base)
-4.5%
r = 12%
-1.5%
Net debt / market cap: -110.5%
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Earnings bubble check
Current margins may be above sustainable levels — a P/E based on peak earnings can overstate cheapness.
Burn rate (cash flow) is the primary read at this stage — TAM and product-market fit aren't metrics this dashboard tracks.
Profitability
Gross profitability (GP / assets)
0.21
Primary signal (Novy-Marx).
16th pctl of 38 SIC 7372 peers
Return on equity
-4.4%
Gross margin
54.6%
16th pctl of 38 SIC 7372 peers
Revenue growth (YoY)
9.0%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
13.1%
Revenue CAGR (5Y)
20.9%
Earnings CAGR (3Y)
—
FCF CAGR (3Y)
—
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.67
50th pctl of 33 SIC 7372 peers (best = lowest)
Current ratio
1.59×
32nd pctl of 38 SIC 7372 peers
Quick ratio
1.49×
Net cash
$982.20M
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$107.20M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
3.10
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
12.6%
Stock-based comp intensity.
Piotroski F-Score
F-Score
5 / 9
Fundamental-strength score (0-9).
Lifecycle Phase History
Lynch sell alert: Turnaround stalled
Classified startup for 2 consecutive fiscal years (2024-12-31, 2025-12-31) with no recovery to a healthier phase -- Lynch's turnaround rule: if it hasn't turned around by now, assume it isn't going to.