Filing Flows › Coursera (COUR) › Q2 2026
Coursera (COUR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Coursera (COUR) reported revenue of $299M for the second quarter 2026 (Q2 2026), +60% from a year earlier and +53% from the quarter before. Operating margin was -28.4%, net loss $80.4M (26.9% of revenue).
Coursera, Q2 2026: revenue $299M (+60% year over year), operating margin -28.4%, net loss $80.4M, operating cash flow −$19.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $299M | +53% | +60% |
| Operating profit | −$84.7M | — | — |
| Net earnings | −$80.4M | — | — |
| Operating cash flow | −$19.8M | -236% | -156% |
What changed
Revenue was $298.6M in Q2 2026, up 60% year over year and up 53% from the previous quarter. Consumer was the largest line at 53% of revenue. Enterprise added $75.7M year over year (up 118%), 68% of the total change.
Gross margin was 58.1%, up 3.2 points from Q2 2025. Operating costs exceeded revenue by $84.7M, an operating margin of -28.4%. Operating expenses grew 119% against revenue growth of 60%. The fastest-growing cost line was Sales & marketing (+64%). The quarter ended with a net loss of $80.4M, wider than the previous quarter's $20.5M loss.
Operating cash flow was −$19.8M. Non-cash charges added back $22.5M of depreciation and amortization and $39.6M of share-based compensation. Working capital and other items used $1.5M. Capital expenditures of $300K exceeded it, leaving free cash flow of −$20.1M.
Questions
What was Coursera's revenue in the second quarter 2026?
Coursera (COUR) reported revenue of $299M for the second quarter 2026 (Q2 2026), +60% from a year earlier and +53% from the quarter before.
Was Coursera profitable in the second quarter 2026?
Operating loss was $84.7M (-28.4% of revenue) and net loss $80.4M.
Source: Coursera 10-Q on SEC EDGAR.