Coursera (COUR) Operating Expenses (2020 - 2026)

Coursera (COUR) reported Operating Expenses of $133.9 million for Q1 2026, up 19.23% year-over-year from $112.3 million in Q1 2025, and down 3.74% quarter-over-quarter from $139.1 million in Q4 2025.

Coursera (COUR) Operating Expenses (2020 - 2026) Analysis & Trends

Coursera (COUR) has 7 years of Operating Expenses data on file, last reported at $133.9 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $133.9 million, up 19.23% year-over-year; the trailing twelve-month figure through Mar 2026 was $512.4 million (up 7.29% YoY), and the FY2025 annual result was $490.8 million, up 1.28% from the prior year.
  • Operating Expenses slipped to $133.9 million in Q1 2026 per COUR's latest filing, from $139.1 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $143.9 million in Q4 2022 and troughed at $112.3 million in Q1 2025.
  • A 5-year average of $123.2 million and a median of $121.4 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 69.08% in 2022, then fell 18.05% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $143.9 million in 2022, then decreased by 18.05% to $117.9 million in 2023, then increased by 6.85% to $126.0 million in 2024, then rose by 10.4% to $139.1 million in 2025, then declined by 3.74% to $133.9 million in 2026.
  • Business Quant data shows COUR's Operating Expenses at $133.9 million in Q1 2026, $139.1 million in Q4 2025, and $121.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn -27.37 Mn
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn 11.13 Mn
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn 1.18 Bn
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn 395.69 Mn
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn 102.49 Mn
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn 213.30 Mn
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn 395.25 Mn
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn 221.06 Mn
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn 158.62 Mn
10 Coursera 901.70 Mn 111.90 Mn 108.60 Mn 133.90 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 133.90 Mn
Dec 31, 2025 139.10 Mn
Sep 30, 2025 121.60 Mn
Jun 30, 2025 117.80 Mn
Mar 31, 2025 112.30 Mn
Dec 31, 2024 126.00 Mn
Sep 30, 2024 117.90 Mn
Jun 30, 2024 121.40 Mn
Mar 31, 2024 119.30 Mn
Dec 31, 2023 117.92 Mn
Sep 30, 2023 122.86 Mn
Jun 30, 2023 118.08 Mn
Mar 31, 2023 116.55 Mn
Dec 31, 2022 143.90 Mn
Sep 30, 2022 123.92 Mn
Jun 30, 2022 126.24 Mn
Mar 31, 2022 114.80 Mn
Dec 31, 2021 118.78 Mn
Sep 30, 2021 99.15 Mn
Jun 30, 2021 106.71 Mn