Coursera (COUR) Cost of Revenue (2020 - 2026)
Coursera (COUR) reported Cost of Revenue of $87.1 million for Q1 2026, up 53.35% year-over-year from $56.8 million in Q1 2025, and down 3.33% quarter-over-quarter from $90.1 million in Q4 2025.
Coursera (COUR) Cost of Revenue (2020 - 2026) Analysis & Trends
Coursera (COUR) has 7 years of Cost of Revenue data on file, last reported at $87.1 million in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $87.1 million, up 53.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $349.8 million (up 25.6% YoY), and the FY2025 annual result was $344.1 million, up 6.43% from the prior year.
- Cost of Revenue retreated to $87.1 million in Q1 2026 per COUR's latest filing, from $90.1 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $90.1 million in Q4 2025 and troughed at $42.8 million in Q1 2022.
- A 5-year average of $67.4 million and a median of $58.5 million in 2022 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue surged 55.75% in 2022, then plunged 35.19% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $89.7 million in 2022, then sank by 35.19% to $58.1 million in 2023, then soared by 43.98% to $83.7 million in 2024, then rose by 7.65% to $90.1 million in 2025, then dropped by 3.33% to $87.1 million in 2026.
- Business Quant data shows COUR's Cost of Revenue at $87.1 million in Q1 2026, $90.1 million in Q4 2025, and $88.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | 20.41 Mn |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | 289.01 Mn |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 394.99 Mn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 210.72 Mn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 398.31 Mn |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 63.99 Mn |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 74.83 Mn |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 117.43 Mn |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 47.07 Mn |
| 10 | Coursera | 901.70 Mn | 111.90 Mn | 108.60 Mn | 87.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 87.10 Mn |
| Mar 31, 2026 | 87.10 Mn |
| Dec 31, 2025 | 90.10 Mn |
| Dec 31, 2025 | 90.10 Mn |
| Sep 30, 2025 | 88.20 Mn |
| Sep 30, 2025 | 88.20 Mn |
| Jun 30, 2025 | 84.40 Mn |
| Jun 30, 2025 | 84.40 Mn |
| Mar 31, 2025 | 56.80 Mn |
| Mar 31, 2025 | 56.80 Mn |
| Dec 31, 2024 | 83.70 Mn |
| Dec 31, 2024 | 83.70 Mn |
| Sep 30, 2024 | 79.90 Mn |
| Sep 30, 2024 | 79.90 Mn |
| Jun 30, 2024 | 58.10 Mn |
| Jun 30, 2024 | 58.10 Mn |
| Mar 31, 2024 | 57.60 Mn |
| Mar 31, 2024 | 57.60 Mn |
| Dec 31, 2023 | 58.14 Mn |
| Dec 31, 2023 | 58.14 Mn |