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Coursera, Inc.

Rank #318StartupWatchlistCompare with other stocks

COUR · NYSE · Consumer Defensive

Coursera, Inc. (COUR) — Rank #318 by gross profitability (GP/assets 0.21) · ROE -4.4% · Piotroski F-Score 5 / 9.

As-of 2026-10-30 · 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; Helix, AI-native platform connecting skills discovery and personalized learning to verified capability and business outcomes. 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

Company Snapshot

P/S is the primary valuation lens for pre-profit companies.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

1,307

Industry

Education & Training Services

Exchange

NYSE

11/12

Flags passed

COUR passes 11/12 quality flags

1 caution to review

  • CAUTION
    Dilution above 2%

    Annual share count increase exceeds 2%. May be acceptable for high-growth companies funding talent via stock compensation

  • PASS
    Gross margin holding
  • PASS
    FCF not negative from investment
  • PASS
    Disclosure consistent
  • PASS
    Revenue not declining
  • PASS
    Operating margin holding
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    Balance sheet stable
  • PASS
    No competitive retreat
  • PASS
    SBC not compressing margin
  • PASS
    No valuation convergence

Strengths Deferred revenue growing

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.21
Return on equity
-4.4%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.67
Current ratio
1.59×
Net cash
$982.20M

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
12.6%

Growth

1/2 pass
Revenue growth
9.0%
Piotroski F-Score
5 / 9
Share dilution
4.1%

Burn rate (cash flow) is the primary read at this stage — TAM and product-market fit aren't metrics this dashboard tracks.

Profitability

Does it make money well?

No warning flags · GP/assets 17th percentile of 36 SIC 7372 peers

Gross profitability (GP / assets)

0.21

Primary signal (Novy-Marx).

17th pctl of 36 SIC 7372 peers

Return on equity

-4.4%

Gross margin

54.6%

14th pctl of 36 SIC 7372 peers

Revenue growth (YoY)

9.0%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
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)

—

Cash Flow Health

Is the cash real?

No warning flags · FCF 310% above net income

Free cash flow

$107.20M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

310.2%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

12.6%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

Caution: Dilution above 2% · net cash $982.20M, F-Score 5/9

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.67

45th pctl of 32 SIC 7372 peers (best = lowest)

Current ratio

1.59×

31st pctl of 36 SIC 7372 peers

Quick ratio

1.49×

Net cash

$982.20M

Cash & equivalents minus total debt.

Piotroski F-Score

5 / 9

Fundamental-strength score (0-9).

Valuation

Is the price reasonable?

No warning flags

Capital allocation quality

Composite score

3.0 / 5

Good
Share count trend
4.1%1/5 Weak
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory(deleveraging)
6.6%5/5 Strong

Lifecycle Phase History

20202025
Hypergrowth
Startup

Price History

COUR-86.5% · -33.0% CAGRSPY+82.9% · +12.8% CAGR

View full financial statements →

Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports