Coursera (COUR) FCF Margin (2020 - 2026)
Coursera (COUR) recorded FCF Margin of -6.73% in Q2 2026, down 25.49 percentage points from 18.76% a year earlier and down 14.09 percentage points from the prior quarter.
Coursera (COUR) FCF Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Coursera's FCF Margin came in at 3.77% as of Jun 30, 2026, down 12.01 percentage points year-over-year; for FY2025, it came in at 14.15%, up 0.65 percentage points from FY2024.
- Annual FCF Margin has increased for three straight years, with a five-year change of +20.32 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 13.50% in FY2024 (+9.00 pp), 4.50% in FY2023 (+12.06 pp), -7.57% in FY2022 (-7.61 pp) and 0.05% in FY2021 (+6.21 pp).
- The Q2 2026 figure is the lowest quarterly FCF Margin since Q1 2022.
- On a year-over-year basis, FCF Margin has declined for three consecutive quarters, with an average year-over-year change of -3.27 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 35.07 percentage points in Q1 2023, against a drop of 26.83 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.36% (Q1 2026), 2.74% (Q4 2025) and 17.35% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 25.72% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 12.73% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 6.81% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 41.55% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 23.99% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 27.26% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 30.11% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 8.32% |
| 10 | Coursera | 1.27 Bn | -2.09 Bn | 173.40 Mn | -6.73% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.73% |
| Mar 31, 2026 | 7.36% |
| Dec 31, 2025 | 2.74% |
| Sep 30, 2025 | 17.35% |
| Jun 30, 2025 | 18.76% |
| Mar 31, 2025 | 18.40% |
| Dec 31, 2024 | 10.10% |
| Sep 30, 2024 | 15.73% |
| Jun 30, 2024 | 13.86% |
| Mar 31, 2024 | 14.43% |
| Dec 31, 2023 | 6.84% |
| Sep 30, 2023 | 11.75% |
| Jun 30, 2023 | -4.42% |
| Mar 31, 2023 | 2.98% |
| Dec 31, 2022 | -3.96% |
| Sep 30, 2022 | 3.02% |
| Jun 30, 2022 | 0.43% |
| Mar 31, 2022 | -32.10% |
| Dec 31, 2021 | 0.42% |
| Sep 30, 2021 | 9.33% |
Coursera FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=COUR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "COUR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=COUR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();