Coursera (COUR) Operating Expenses (2020 - 2026)
Coursera (COUR) posted quarterly 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 reported Operating Expenses for 7 consecutive years, with $133.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 19.23% year-over-year to $133.9 million; the TTM figure through Mar 2026 stood at $512.4 million (up 7.29% YoY), while the FY2025 annual figure was $490.8 million, up 1.28% from the prior year.
- Operating Expenses fell to $133.9 million in Q1 2026 per COUR's latest filing, from $139.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $143.9 million in Q4 2022 and bottomed at $112.3 million in Q1 2025.
- Historically, Operating Expenses has averaged $123.2 million across 5 years, with a median of $121.4 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 69.08% — and 2023, when it fell 18.05%.
- Coursera's Operating Expenses stood at $143.9 million in 2022, then slipped by 18.05% to $117.9 million in 2023, then rose by 6.85% to $126.0 million in 2024, then gained by 10.4% to $139.1 million in 2025, then fell 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 1.44 Bn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | -24.40 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 14.24 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 1.22 Bn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 405.94 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 205.89 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 111.43 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 395.25 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 243.19 Mn |
| 10 | Coursera | 1.32 Bn | 341.18 Mn | 173.40 Mn | 258.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 258.10 Mn |
| 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 |