Coursera (COUR) Research & Development (2020 - 2026)
Coursera (COUR) posted quarterly Research & Development of $31.3 million for Q1 2026, down 44.89% year-over-year from $56.8 million in Q1 2025, and down 81.25% quarter-over-quarter from $166.9 million in Q4 2025.
Coursera (COUR) Research & Development (2020 - 2026) Analysis & Trends
Coursera (COUR) has reported Research & Development for 7 consecutive years, with $31.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 44.89% year-over-year to $31.3 million; the TTM figure through Mar 2026 stood at $329.2 million (up 113.35% YoY), while the FY2025 annual figure was $255.7 million, up 93.57% from the prior year.
- Research & Development eased to $31.3 million in Q1 2026 per COUR's latest filing, from $166.9 million in the prior quarter.
- Across five years, Research & Development topped out at $166.9 million in Q4 2025 and bottomed at -$623000.0 in Q4 2022.
- Historically, Research & Development has averaged $50.7 million across 5 years, with a median of $41.3 million in 2023.
- Annual changes were most pronounced in 2022 — Research & Development slumped 100.76% — and 2023, when it surged 9431.46%.
- Coursera's Research & Development stood at -$623000.0 in 2022, then soared by 9431.46% to $58.1 million in 2023, then plunged by 44.61% to $32.2 million in 2024, then soared by 418.32% to $166.9 million in 2025, then plunged by 81.25% to $31.3 million in 2026.
- Business Quant data shows COUR's Research & Development at $31.3 million in Q1 2026, $166.9 million in Q4 2025, and $67.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 262.52 Mn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | -1.93 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | - |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | - |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | - |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | - |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | - |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | - |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 125.95 Mn |
| 10 | Coursera | 1.32 Bn | 341.18 Mn | 173.40 Mn | 104.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 104.00 Mn |
| Mar 31, 2026 | 31.30 Mn |
| Dec 31, 2025 | 166.90 Mn |
| Sep 30, 2025 | 67.40 Mn |
| Jun 30, 2025 | 63.60 Mn |
| Mar 31, 2025 | 56.80 Mn |
| Dec 31, 2024 | 32.20 Mn |
| Sep 30, 2024 | 31.60 Mn |
| Jun 30, 2024 | 33.70 Mn |
| Mar 31, 2024 | 34.60 Mn |
| Dec 31, 2023 | 58.14 Mn |
| Sep 30, 2023 | 59.79 Mn |
| Jun 30, 2023 | 41.29 Mn |
| Mar 31, 2023 | 52.87 Mn |
| Dec 31, 2022 | -623,000.00 |
| Sep 30, 2022 | 39.42 Mn |
| Jun 30, 2022 | 55.59 Mn |
| Mar 31, 2022 | 37.96 Mn |
| Dec 31, 2021 | 82.26 Mn |
| Sep 30, 2021 | 45.27 Mn |