Filing Flows › Coursera (COUR) › How it makes money
How Coursera (COUR) makes money
Coursera (COUR) made $377M of revenue in the third quarter 2026 (Q3 2026), +94% from a year earlier. Enterprise brought in $201M (53%); Consumer brought in $176M (47%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Enterprise | $201M | 53.3% | +44% | +214% |
| Consumer | $176M | 46.7% | +11% | +35% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $377M | 100.0% |
| Income tax | $2.6M | 0.7% |
| Operating cash flow | $15.5M | 4.1% |
| Free cash flow | $4.6M | 1.2% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $377M | +94% |
| Q2 2026 | $299M | +60% |
| Q1 2026 | $196M | +9% |
| Q4 2025 | $197M | +10% |
| Q3 2025 | $194M | +10% |
| Q2 2025 | $187M | +10% |
| Q1 2025 | $179M | +6% |
From Coursera's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Coursera make money?
Coursera (COUR) made $377M of revenue in the third quarter 2026 (Q3 2026), +94% from a year earlier. Enterprise brought in $201M (53%); Consumer brought in $176M (47%).
What is Coursera's biggest business?
Enterprise: $201M in the third quarter 2026, 53% of revenue, +214% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.