Growth Metrics

Coursera (COUR) Operating Margin (2020 - 2025)

Coursera (COUR) has disclosed Operating Margin for 6 consecutive years, with 16.4% as the latest value for Q4 2025.

  • On a quarterly basis, Operating Margin rose 62.0% to 16.4% in Q4 2025 year-over-year; TTM through Dec 2025 was 10.22%, a 609.0% increase, with the full-year FY2025 number at 10.22%, up 608.0% from a year prior.
  • Operating Margin was 16.4% for Q4 2025 at Coursera, down from 8.03% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 8.03% in Q1 2025 to a low of 44.85% in Q2 2021.
  • A 5-year average of 23.45% and a median of 22.35% in 2021 define the central range for Operating Margin.
  • Peak YoY movement for Operating Margin: plummeted -1008bps in 2022, then skyrocketed 2249bps in 2023.
  • Coursera's Operating Margin stood at 41.31% in 2021, then grew by 5bps to 39.4% in 2022, then soared by 57bps to 16.91% in 2023, then dropped by -1bps to 17.02% in 2024, then rose by 4bps to 16.4% in 2025.
  • Per Business Quant, the three most recent readings for COUR's Operating Margin are 16.4% (Q4 2025), 8.03% (Q3 2025), and 8.07% (Q2 2025).