Coursera share price today
Coursera, Inc. · COUR · Consumer Staples · Education & Training Services · price as of the 6 November 2026 close, updated every trading day · results updated weekly · All US stock lists
Coursera share price: $3.74 at the close on 6 November 2026, −54.7% in a year.
Coursera, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.
Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.
The price has been between phases. Over the last four quarters, results have been improving. What will decide it: the next one or two quarters of results.
What is the Coursera share price today?
Coursera, Inc.'s share price was $3.74 at the close on 6 November 2026. That is 33.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between $3 and $8, and at that close it sat 5% of the way up from that low.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.
Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 9 weeks running.
Nov 2026: $3.74, 33.5% below its 200-day average.
- Price $3.74
- 50-day avg $5.04
- 200-day avg $5.62
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 11 Jul 2025 | $8.09 | – | – |
| 18 Jul 2025 | $8.74 | – | – |
| 25 Jul 2025 | $12.37 | – | – |
| 1 Aug 2025 | $12.17 | – | – |
| 8 Aug 2025 | $12.13 | – | – |
| 15 Aug 2025 | $11.91 | – | – |
| 22 Aug 2025 | $11.38 | – | – |
| 29 Aug 2025 | $11.50 | – | – |
| 5 Sep 2025 | $11.26 | – | – |
| 12 Sep 2025 | $10.97 | – | – |
| 19 Sep 2025 | $11.65 | $11.05 | – |
| 26 Sep 2025 | $11.72 | $11.38 | – |
| 3 Oct 2025 | $10.25 | $11.62 | – |
| 10 Oct 2025 | $9.96 | $11.40 | – |
| 17 Oct 2025 | $10.03 | $11.18 | – |
| 24 Oct 2025 | $9.20 | $11.02 | – |
| 31 Oct 2025 | $8.42 | $10.73 | – |
| 7 Nov 2025 | $8.25 | $10.41 | – |
| 14 Nov 2025 | $8.48 | $10.13 | – |
| 21 Nov 2025 | $8.11 | $9.82 | – |
| 28 Nov 2025 | $7.95 | $9.56 | – |
| 5 Dec 2025 | $8.44 | $9.21 | – |
| 12 Dec 2025 | $8.08 | $8.87 | – |
| 19 Dec 2025 | $7.57 | $8.64 | – |
| 26 Dec 2025 | $7.43 | $8.43 | – |
| 2 Jan 2026 | $7.08 | $8.19 | – |
| 9 Jan 2026 | $7.29 | $7.94 | – |
| 16 Jan 2026 | $6.29 | $7.78 | – |
| 23 Jan 2026 | $6.50 | $7.64 | – |
| 30 Jan 2026 | $6.06 | $7.42 | – |
| 6 Feb 2026 | $5.91 | $7.22 | – |
| 13 Feb 2026 | $5.92 | $7.00 | – |
| 20 Feb 2026 | $6.03 | $6.82 | – |
| 27 Feb 2026 | $6.41 | $6.65 | – |
| 6 Mar 2026 | $6.16 | $6.49 | – |
| 13 Mar 2026 | $6.04 | $6.36 | – |
| 20 Mar 2026 | $5.84 | $6.23 | – |
| 27 Mar 2026 | $5.51 | $6.11 | – |
| 2 Apr 2026 | $5.91 | $6.06 | – |
| 10 Apr 2026 | $5.36 | $6.00 | – |
| 17 Apr 2026 | $6.36 | $6.01 | – |
| 24 Apr 2026 | $5.28 | $6.02 | $8.41 |
| 1 May 2026 | $6.15 | $6.04 | $8.36 |
| 8 May 2026 | $5.78 | $6.00 | $8.29 |
| 15 May 2026 | $5.28 | $5.91 | $8.13 |
| 22 May 2026 | $5.32 | $5.84 | $7.96 |
| 29 May 2026 | $5.39 | $5.79 | $7.82 |
| 5 Jun 2026 | $5.47 | $5.75 | $7.67 |
| 12 Jun 2026 | $5.34 | $5.71 | $7.52 |
| 18 Jun 2026 | $5.35 | $5.66 | $7.40 |
| 26 Jun 2026 | $5.74 | $5.65 | $7.25 |
| 2 Jul 2026 | $5.90 | $5.60 | $7.15 |
| 10 Jul 2026 | $5.71 | $5.59 | $7.01 |
| 17 Jul 2026 | $5.56 | $5.55 | $6.85 |
| 24 Jul 2026 | $5.37 | $5.50 | $6.72 |
| 31 Jul 2026 | $5.31 | $5.53 | $6.61 |
| 7 Aug 2026 | $5.81 | $5.58 | $6.50 |
| 14 Aug 2026 | $5.78 | $5.61 | $6.39 |
| 21 Aug 2026 | $6.00 | $5.65 | $6.32 |
| 28 Aug 2026 | $6.47 | $5.74 | $6.27 |
| 4 Sep 2026 | $5.80 | $5.79 | $6.22 |
| 11 Sep 2026 | $5.22 | $5.76 | $6.16 |
| 18 Sep 2026 | $5.04 | $5.70 | $6.09 |
| 25 Sep 2026 | $5.05 | $5.64 | $6.01 |
| 2 Oct 2026 | $5.02 | $5.59 | $5.93 |
| 9 Oct 2026 | $5.16 | $5.54 | $5.87 |
| 16 Oct 2026 | $4.94 | $5.46 | $5.80 |
| 23 Oct 2026 | $5.08 | $5.39 | $5.75 |
| 30 Oct 2026 | $3.47 | $5.27 | $5.69 |
| 6 Nov 2026 | $3.74 | $5.04 | $5.62 |
Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Ahead in 6 of 57 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 11 Jul 2025 | no S&P 500 reading |
| 18 Jul 2025 | no S&P 500 reading |
| 25 Jul 2025 | no S&P 500 reading |
| 1 Aug 2025 | no S&P 500 reading |
| 8 Aug 2025 | no S&P 500 reading |
| 15 Aug 2025 | no S&P 500 reading |
| 22 Aug 2025 | no S&P 500 reading |
| 29 Aug 2025 | no S&P 500 reading |
| 5 Sep 2025 | no S&P 500 reading |
| 12 Sep 2025 | no S&P 500 reading |
| 19 Sep 2025 | no S&P 500 reading |
| 26 Sep 2025 | no S&P 500 reading |
| 3 Oct 2025 | no S&P 500 reading |
| 10 Oct 2025 | +18.4% |
| 17 Oct 2025 | +8.9% |
| 24 Oct 2025 | −31.9% |
| 31 Oct 2025 | −40.5% |
| 7 Nov 2025 | −37.3% |
| 14 Nov 2025 | −33.2% |
| 21 Nov 2025 | −30.9% |
| 28 Nov 2025 | −36.8% |
| 5 Dec 2025 | −31.0% |
| 12 Dec 2025 | −30.0% |
| 19 Dec 2025 | −37.6% |
| 26 Dec 2025 | −40.9% |
| 2 Jan 2026 | −33.0% |
| 9 Jan 2026 | −33.1% |
| 16 Jan 2026 | −41.4% |
| 23 Jan 2026 | −31.1% |
| 30 Jan 2026 | −29.5% |
| 6 Feb 2026 | −31.3% |
| 13 Feb 2026 | −31.7% |
| 20 Feb 2026 | −30.3% |
| 27 Feb 2026 | −19.8% |
| 6 Mar 2026 | −25.1% |
| 13 Mar 2026 | −22.4% |
| 20 Mar 2026 | −18.1% |
| 27 Mar 2026 | −17.7% |
| 2 Apr 2026 | −12.5% |
| 10 Apr 2026 | −24.4% |
| 17 Apr 2026 | −1.6% |
| 24 Apr 2026 | −22.4% |
| 1 May 2026 | −2.7% |
| 8 May 2026 | −9.0% |
| 15 May 2026 | −19.2% |
| 22 May 2026 | −19.9% |
| 29 May 2026 | −26.2% |
| 5 Jun 2026 | −20.9% |
| 12 Jun 2026 | −23.6% |
| 18 Jun 2026 | −23.5% |
| 26 Jun 2026 | −10.8% |
| 2 Jul 2026 | −13.7% |
| 10 Jul 2026 | −4.6% |
| 17 Jul 2026 | −17.2% |
| 24 Jul 2026 | −1.8% |
| 31 Jul 2026 | −17.3% |
| 7 Aug 2026 | −4.3% |
| 14 Aug 2026 | +4.4% |
| 21 Aug 2026 | +10.1% |
| 28 Aug 2026 | +18.3% |
| 4 Sep 2026 | +1.6% |
| 11 Sep 2026 | −5.3% |
| 18 Sep 2026 | −7.8% |
| 25 Sep 2026 | −17.8% |
| 2 Oct 2026 | −18.3% |
| 9 Oct 2026 | −12.8% |
| 16 Oct 2026 | −13.8% |
| 23 Oct 2026 | −8.2% |
| 30 Oct 2026 | −35.8% |
| 6 Nov 2026 | −30.7% |
Over the last 1 year the share price moved −54% while the S&P 500 moved +18%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 4 September 2026. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does Coursera pay?
Coursera, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.
Which stock lists is Coursera on?
Coursera is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.
Is Coursera profitable?
Coursera, Inc. posted a net loss of $25.6 M in the Sep 2026 quarter. The full FY25 year was a loss of $51.0 M. That loss is 6.8% of the quarter's revenue. The same quarter a year earlier lost $8.6 M. 12 of the last 12 reported quarters were loss-making.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
FY25 profit −$51.0 M
- Net profit −$51.0 M
| Quarter | Net profit |
|---|---|
| FY21 | −$145 M |
| FY22 | −$175 M |
| FY23 | −$117 M |
| FY24 | −$79.5 M |
| FY25 | −$51.0 M |
Sep 2026: −$25.6 M
- Net profit (quarterly) −$25.6 M
| Quarter | Net profit (quarterly) |
|---|---|
| Dec 2023 | −$20.4 M |
| Mar 2024 | −$21.3 M |
| Jun 2024 | −$22.9 M |
| Sep 2024 | −$13.7 M |
| Dec 2024 | −$21.6 M |
| Mar 2025 | −$7.8 M |
| Jun 2025 | −$7.8 M |
| Sep 2025 | −$8.6 M |
| Dec 2025 | −$26.8 M |
| Mar 2026 | −$20.5 M |
| Jun 2026 | −$80.4 M |
| Sep 2026 | −$25.6 M |
How much revenue does Coursera make, and is it growing?
Coursera, Inc. reported $377 M of revenue in the Sep 2026 quarter, +94.0% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 16.2% a year on average. The last full year, FY25, came in at $758 M.
Revenue is everything the company billed its customers in the period.
The last four reported quarters add to $1.1 B.
FY25 revenue was $758 M, +9.0% on the year before.
FY25 revenue $758 M (+9.0% on the year before), 16.2% a year over 4 years
- Revenue $758 M
| Quarter | Revenue |
|---|---|
| FY21 | $415 M |
| FY22 | $524 M |
| FY23 | $636 M |
| FY24 | $695 M |
| FY25 | $758 M |
Growth on a year earlier
- Growth on a year earlier 9%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 26.1% |
| FY23 | 21.4% |
| FY24 | 9.3% |
| FY25 | 9% |
Sep 2026: $377 M (+94.0% on a year earlier), the 12th quarter in a row of growth
- Revenue (quarterly) $377 M
| Quarter | Revenue (quarterly) |
|---|---|
| Dec 2023 | $169 M |
| Mar 2024 | $169 M |
| Jun 2024 | $170 M |
| Sep 2024 | $176 M |
| Dec 2024 | $179 M |
| Mar 2025 | $179 M |
| Jun 2025 | $187 M |
| Sep 2025 | $194 M |
| Dec 2025 | $197 M |
| Mar 2026 | $196 M |
| Jun 2026 | $299 M |
| Sep 2026 | $377 M |
Growth on a year earlier
- Growth on a year earlier 94%
| Quarter | Growth on a year earlier |
|---|---|
| Dec 2023 | 18.8% |
| Mar 2024 | 14.5% |
| Jun 2024 | 10.8% |
| Sep 2024 | 6.4% |
| Dec 2024 | 6.1% |
| Mar 2025 | 6% |
| Jun 2025 | 9.9% |
| Sep 2025 | 10.3% |
| Dec 2025 | 9.9% |
| Mar 2026 | 9.1% |
| Jun 2026 | 59.6% |
| Sep 2026 | 94% |
Recent pace: the last four quarters grew +43.1% on average, against 16.2% a year over the longer run, so this year is growing faster than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew +44.3%, against +24.9% a year over the last 8 quarters (accelerating).
How much of every $100 of sales does Coursera keep?
Coursera, Inc.'s operating margin was 0.5% in the Sep 2026 quarter, 8.5 percentage points higher than the same quarter a year ago. Across 5 years it has been between −34.4% and −8.8%. The latest quarter is above every full year in that period.
Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Why the margin moved: operating margin changed +8.5 percentage points on the year while gross margin changed +3.8 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.
FY25: −8.8%, within a range of −34.4% to −8.8% over 5 years
- Operating margin −8.8%
| Quarter | Operating margin |
|---|---|
| FY21 | −34.4% |
| FY22 | −30.8% |
| FY23 | −23.8% |
| FY24 | −14.5% |
| FY25 | −8.8% |
Change on the year before (points)
- Change on the year before (points) +5.7 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY21 | – |
| FY22 | +3.6 pts |
| FY23 | +7.0 pts |
| FY24 | +9.3 pts |
| FY25 | +5.7 pts |
Sep 2026: operating margin 0.5% (+8.5 points on a year earlier)
- Operating margin 0.5%
| Quarter | Operating margin |
|---|---|
| Dec 2023 | −15.1% |
| Mar 2024 | −16.4% |
| Jun 2024 | −18.3% |
| Sep 2024 | −12.3% |
| Dec 2024 | −11.3% |
| Mar 2025 | −8.5% |
| Jun 2025 | −8.1% |
| Sep 2025 | −8% |
| Dec 2025 | −10.4% |
| Mar 2026 | −12.9% |
| Jun 2026 | −1.6% |
| Sep 2026 | 0.5% |
Change on a year earlier (points)
- Change on a year earlier (points) +8.5 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Dec 2023 | +17.2 pts |
| Mar 2024 | +13.9 pts |
| Jun 2024 | +6.8 pts |
| Sep 2024 | +11.6 pts |
| Dec 2024 | +3.8 pts |
| Mar 2025 | +7.9 pts |
| Jun 2025 | +10.2 pts |
| Sep 2025 | +4.3 pts |
| Dec 2025 | +0.9 pts |
| Mar 2026 | −4.4 pts |
| Jun 2026 | +6.5 pts |
| Sep 2026 | +8.5 pts |
Is Coursera's profit turning into cash?
Coursera, Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $109 M of operating cash against −$51.0 M of profit. After $1.5 M of spending on assets, $107 M was left over as free cash.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY25: operating cash $109 M against profit −$51.0 M
- Operating cash $109 M
- Net profit −$51.0 M
- Free cash $107 M
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY21 | $1.7 M | −$145 M | $0.2 M |
| FY22 | −$38.1 M | −$175 M | −$39.6 M |
| FY23 | $29.7 M | −$117 M | $28.6 M |
| FY24 | $95.4 M | −$79.5 M | $93.8 M |
| FY25 | $109 M | −$51.0 M | $107 M |
Sep 2026: operating cash $15.5 M
- Operating cash (quarterly) $15.5 M
| Quarter | Operating cash (quarterly) |
|---|---|
| Dec 2023 | $11.6 M |
| Mar 2024 | $24.5 M |
| Jun 2024 | $23.8 M |
| Sep 2024 | $27.9 M |
| Dec 2024 | $19.2 M |
| Mar 2025 | $33.5 M |
| Jun 2025 | $35.5 M |
| Sep 2025 | $33.9 M |
| Dec 2025 | $5.8 M |
| Mar 2026 | $14.6 M |
| Jun 2026 | −$19.8 M |
| Sep 2026 | $15.5 M |
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
Where does Coursera's cash go?
Coursera, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $4.2 M on assets over the last 3 years. Averaged over those years that is 0.2% of FY25 revenue a year.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: $4.2 M over the last 3 years.
FY25: capex $1.5 M, steady spending
- Capex $1.5 M
| Quarter | Capex |
|---|---|
| FY21 | $1.6 M |
| FY22 | $1.6 M |
| FY23 | $1.1 M |
| FY24 | $1.6 M |
| FY25 | $1.5 M |
Sep 2026: capex $0.3 M in the quarter
- Capex (quarterly) $0.3 M
| Quarter | Capex (quarterly) |
|---|---|
| Dec 2023 | $0.1 M |
| Mar 2024 | $0.1 M |
| Jun 2024 | $0.2 M |
| Sep 2024 | $0.2 M |
| Dec 2024 | $1.1 M |
| Mar 2025 | $0.5 M |
| Jun 2025 | $0.4 M |
| Sep 2025 | $0.2 M |
| Dec 2025 | $0.4 M |
| Mar 2026 | $0.2 M |
| Jun 2026 | $0.3 M |
| Sep 2026 | $0.3 M |
Free cash
- Free cash $15.2 M
| Quarter | Free cash |
|---|---|
| Dec 2023 | $11.4 M |
| Mar 2024 | $24.4 M |
| Jun 2024 | $23.6 M |
| Sep 2024 | $27.7 M |
| Dec 2024 | $18.1 M |
| Mar 2025 | $33.0 M |
| Jun 2025 | $35.1 M |
| Sep 2025 | $33.7 M |
| Dec 2025 | $5.4 M |
| Mar 2026 | $14.4 M |
| Jun 2026 | −$20.1 M |
| Sep 2026 | $15.2 M |
In short: most of the cash goes on covering the loss, not on new assets; spending on assets is small next to it.
What is Coursera's P/E ratio, and how does it compare with its own history?
Coursera, Inc. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Coursera, Inc. at 1.3× its FY25 revenue of $758 M. The P/E comes back here once profit turns positive.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
PEG 0.13 at the Sep 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate
- PEG 0.13×
- PEG = 1.0 1.00×
| Quarter | PEG | PEG = 1.0 |
|---|---|---|
| Sep 2024 | 0.17× | 1.00× |
| Dec 2024 | 0.13× | 1.00× |
| Mar 2025 | 0.07× | 1.00× |
| Jun 2025 | 1.86× | 1.00× |
| Sep 2025 | 2.26× | 1.00× |
| Dec 2025 | 1.33× | 1.00× |
| Mar 2026 | 0.81× | 1.00× |
| Jun 2026 | 0.20× | 1.00× |
| Sep 2026 | 0.13× | 1.00× |
Is the Coursera business getting better or worse?
Coursera, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue +9.0% in FY25
- Revenue growth 9.0%
| Quarter | Revenue growth |
|---|---|
| FY21 | – |
| FY22 | 26.1% |
| FY23 | 21.4% |
| FY24 | 9.3% |
| FY25 | 9% |
Three growth lines over twelve quarters: revenue accelerating
- Revenue 44.3%
| Quarter | Revenue |
|---|---|
| Dec 2023 | 21.4% |
| Mar 2024 | 19.3% |
| Jun 2024 | 16.2% |
| Sep 2024 | 12.4% |
| Dec 2024 | 9.3% |
| Mar 2025 | 7.3% |
| Jun 2025 | 7.1% |
| Sep 2025 | 8.1% |
| Dec 2025 | 9% |
| Mar 2026 | 9.8% |
| Jun 2026 | 22.7% |
| Sep 2026 | 44.3% |
ROCE: the return line, worked out each quarter
- ROCE −5.7%
| Quarter | ROCE |
|---|---|
| Dec 2023 | −22.3% |
| Mar 2024 | −20.1% |
| Jun 2024 | −20.3% |
| Sep 2024 | −17.4% |
| Dec 2024 | −16.5% |
| Mar 2025 | −14.4% |
| Jun 2025 | −11.8% |
| Sep 2025 | −10.6% |
| Dec 2025 | −10.7% |
| Mar 2026 | −12.2% |
| Jun 2026 | −7.3% |
| Sep 2026 | −5.7% |
Why it matters: with too little history, we say so rather than guess a direction.
There are fewer than eight usable quarters, so this page does not guess a direction from so little history.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | +9.0% | +13.1% | — | — |
| Stock price | −54.7% | — | — | — |
How much does Coursera earn on its capital?
Coursera, Inc. earned a ROE of −8% in FY25. That is up from a low of −25% in FY22. Its return on capital used (ROIC) is 13.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
It comes from a −6.7% net margin and 0.76× asset turnover (sales divided by assets).
Why the return is what it is (FY25): a −6.7% net margin × 0.76× asset turnover × 1.57× leverage (assets divided by equity) ≈ −8.0% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.
The key test, return on capital used minus the cost of capital: −2.8% − 10.9% = −13.7 percentage points. The 10.9% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.
FY25: ROE −8%, the climb back from FY22's −25%
- ROE −8%
- Cost of capital 10.9%
| Quarter | ROE | Cost of capital |
|---|---|---|
| FY21 | −19.6% | 10.9% |
| FY22 | −25.2% | 10.9% |
| FY23 | −18.9% | 10.9% |
| FY24 | −13.3% | 10.9% |
| FY25 | −8% | 10.9% |
Sep 2026: ROE −18.1% (last 12 months)
- ROE (12 months) −18.1%
| Quarter | ROE (12 months) |
|---|---|
| Dec 2023 | −17.8% |
| Mar 2024 | −16.4% |
| Jun 2024 | −16% |
| Sep 2024 | −13% |
| Dec 2024 | −13.1% |
| Mar 2025 | −10.8% |
| Jun 2025 | −8.4% |
| Sep 2025 | −7.4% |
| Dec 2025 | −8.3% |
| Mar 2026 | −10.3% |
| Jun 2026 | −15.2% |
| Sep 2026 | −18.1% |
Does Coursera have too much debt?
Coursera, Inc. has total debt of $16.5 M against shareholder equity of $1.1 B as of Sep 2026, so its debt is 0.02× its equity, which is very little. Year by year, that ratio went from 0.03 in FY21 to 0.01 in FY25. So the returns on this page come from the business, not from borrowed money.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY25: debt $5.7 M, 0.01× equity
- Total debt $5.7 M
| Quarter | Total debt |
|---|---|
| FY21 | $19.9 M |
| FY22 | $14.4 M |
| FY23 | $6.6 M |
| FY25 | $5.7 M |
Debt-to-equity
- Debt-to-equity 0.01×
| Quarter | Debt-to-equity |
|---|---|
| FY21 | 0.03× |
| FY22 | 0.02× |
| FY23 | 0.01× |
| FY25 | 0.01× |
Sep 2026: debt $16.5 M, debt-to-equity 0.02
- Total debt (quarterly) $16.5 M
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2023 | $8.5 M |
| Dec 2023 | $6.6 M |
| Mar 2024 | $4.4 M |
| Jun 2024 | $2.4 M |
| Sep 2024 | $3.7 M |
| Mar 2025 | $3.1 M |
| Jun 2025 | $4.9 M |
| Sep 2025 | $4.7 M |
| Dec 2025 | $5.7 M |
| Mar 2026 | $4.8 M |
| Jun 2026 | $9.7 M |
| Sep 2026 | $16.5 M |
Debt-to-equity
- Debt-to-equity 0.02×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2023 | 0.01× |
| Dec 2023 | 0.01× |
| Mar 2024 | 0.01× |
| Jun 2024 | 0.00× |
| Sep 2024 | 0.01× |
| Mar 2025 | 0.01× |
| Jun 2025 | 0.01× |
| Sep 2025 | 0.01× |
| Dec 2025 | 0.01× |
| Mar 2026 | 0.01× |
| Jun 2026 | 0.01× |
| Sep 2026 | 0.02× |
What is the Coursera shareholding pattern?
10.8% of Coursera, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 3.3 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
It is a single reading at one point in time; we do not have its history.
Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.
How far is Coursera from balance-sheet trouble?
For Coursera, Inc., the Z-score is 0.97. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of 0.97 is inside the danger zone, so the balance sheet is a real risk.
How does Coursera rank in its industry?
42.4 out of 100, rank 13 of 20 in Education & Training Services, with 64% of the evidence available.
Coursera, Inc. scores 42.4 out of 100 against the 20 companies it is compared with in Education & Training Services, ranking 13. Earnings are strong; relative strength in its sector is -31.9% and the one-year return is -54.7%.
The four parts add up to the total exactly: 25.1 + 3.5 + 10 + 3.8 = 42.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here.
What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.
Which companies is Coursera compared with?
Coursera ranks 13 of 20 Education & Training Services companies on the 4-Factor Sector Score, with 42.4 out of 100.
- 1Laureate Education, Inc.LAUR · quiet · Most evidence points up · 85% evidence74.8out of 100
How the score adds up
Growth & earnings 26.8/35 · Revenue 21% · Profit 89.3% · Operating margin change 6.7 points · 95% evidenceCapital efficiency 18.1/25 · ROCE 24.9% · Operating margin 24.6% · 76% evidenceValuation 14.0/20 · P/E 13.5× · PEG 0.5 · 65% evidenceRelative strength 15.9/20 · Lead over its industry 6% · Lead over S&P 500 -5.7% · 1 year 10.5% · 100% evidence · 2 of 12 weeks aheadExact sum: 26.8 + 18.1 + 14 + 15.9 = 74.8 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. - 2New Oriental Education & Technology Group Inc.EDU · losing its lead · Most evidence points up · 85% evidence68.2out of 100
How the score adds up
Growth & earnings 22.6/35 · Revenue 20.5% · Profit 38.1% · Operating margin change -0.4 points · 95% evidenceCapital efficiency 13.7/25 · ROCE 13.6% · Operating margin 20% · 76% evidenceValuation 14.0/20 · P/E 18.1× · PEG 0.45 · 65% evidenceRelative strength 17.9/20 · Lead over its industry 11.1% · Lead over S&P 500 -1% · 1 year 1% · 100% evidence · 10 of 12 weeks aheadExact sum: 22.6 + 13.7 + 14 + 17.9 = 68.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 3TAL Education GroupTAL · quiet · Evidence leans up · 75% evidence64.8out of 100
How the score adds up
Growth & earnings 30.5/35 · Revenue 25.4% · Profit 100% · Operating margin change 12.5 points · 95% evidenceCapital efficiency 10.7/25 · ROCE 11.4% · Operating margin 23.7% · 76% evidenceValuation 11.1/20 · P/E 6.5× · PEG — · 15% evidenceRelative strength 12.5/20 · Lead over its industry 0.3% · Lead over S&P 500 -10.5% · 1 year -13.5% · 100% evidence · 9 of 12 weeks aheadExact sum: 30.5 + 10.7 + 11.1 + 12.5 = 64.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 4Stride, Inc.LRN · basing · Evidence leans up · 85% evidence64.5out of 100
How the score adds up
Growth & earnings 18.5/35 · Revenue 2.5% · Profit 6% · Operating margin change 2.1 points · 95% evidenceCapital efficiency 18.2/25 · ROCE 25.4% · Operating margin 13.6% · 76% evidenceValuation 13.2/20 · P/E 9.6× · PEG 0.81 · 65% evidenceRelative strength 14.6/20 · Lead over its industry 0.7% · Lead over S&P 500 -10.6% · 1 year 4.2% · 100% evidence · 0 of 12 weeks aheadExact sum: 18.5 + 18.2 + 13.2 + 14.6 = 64.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 5Perdoceo Education CorporationPRDO · quiet · Evidence leans up · 85% evidence60.4out of 100
How the score adds up
Growth & earnings 18.1/35 · Revenue 6.4% · Profit 16% · Operating margin change 1.4 points · 95% evidenceCapital efficiency 18.4/25 · ROCE 18.3% · Operating margin 25.5% · 76% evidenceValuation 14.9/20 · P/E 10.7× · PEG 0.48 · 65% evidenceRelative strength 9.0/20 · Lead over its industry -9.3% · Lead over S&P 500 -19.4% · 1 year -10.8% · 100% evidence · 1 of 12 weeks aheadExact sum: 18.1 + 18.4 + 14.9 + 9 = 60.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 6Grand Canyon Education, Inc.LOPE · quiet · Evidence leans up · 85% evidence60.2out of 100
How the score adds up
Growth & earnings 18.7/35 · Revenue 5.3% · Profit 18.4% · Operating margin change -1.9 points · 95% evidenceCapital efficiency 20.6/25 · ROCE 40.1% · Operating margin 19.3% · 76% evidenceValuation 12.7/20 · P/E 15.5× · PEG 0.6 · 65% evidenceRelative strength 8.2/20 · Lead over its industry -18.4% · Lead over S&P 500 -27.3% · 1 year -29.1% · 100% evidence · 2 of 12 weeks aheadExact sum: 18.7 + 20.6 + 12.7 + 8.2 = 60.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 7Graham Holdings CompanyGHC · turning · Evidence leans up · 85% evidence56.2out of 100
How the score adds up
Growth & earnings 11.5/35 · Revenue 4.3% · Profit -32.7% · Operating margin change 2.2 points · 95% evidenceCapital efficiency 9.2/25 · ROCE 8.5% · Operating margin 10.3% · 76% evidenceValuation 15.8/20 · P/E 9.8× · PEG 0.29 · 65% evidenceRelative strength 19.7/20 · Lead over its industry 17.5% · Lead over S&P 500 4.7% · 1 year 15.5% · 100% evidence · 1 of 12 weeks aheadExact sum: 11.5 + 9.2 + 15.8 + 19.7 = 56.2 · What this means: Relative strength against the index is 4.7%, and revenue and profit growth are weak. - 8Covista Inc.CVSA · quiet · Evidence leans up · 85% evidence55.5out of 100
How the score adds up
Growth & earnings 17.2/35 · Revenue 9.3% · Profit 1.6% · Operating margin change 0.6 points · 95% evidenceCapital efficiency 17.0/25 · ROCE 17.9% · Operating margin 19.2% · 76% evidenceValuation 7.5/20 · P/E 16.2× · PEG 1.78 · 65% evidenceRelative strength 13.8/20 · Lead over its industry 4.9% · Lead over S&P 500 -6.8% · 1 year 16.3% · 100% evidence · 2 of 12 weeks aheadExact sum: 17.2 + 17 + 7.5 + 13.8 = 55.5 · What this means: Relative strength against the index is -6.8%, and revenue and profit growth are weak. - 9Franklin Covey Co.FC · quiet · Evidence leans up · 85% evidence53.9out of 100
How the score adds up
Growth & earnings 23.3/35 · Revenue -1.9% · Profit 66.7% · Operating margin change 3.2 points · 95% evidenceCapital efficiency 16.4/25 · ROCE 23.1% · Operating margin 14.3% · 76% evidenceValuation 7.1/20 · P/E 46.7× · PEG 1.74 · 65% evidenceRelative strength 7.1/20 · Lead over its industry -6.2% · Lead over S&P 500 -16.8% · 1 year 8.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 23.3 + 16.4 + 7.1 + 7.1 = 53.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 10Legacy Education Inc.LGCY · quiet · Evidence leans up · 81% evidence51.2out of 100
How the score adds up
Growth & earnings 21.3/35 · Revenue 21.5% · Profit 28.6% · Operating margin change 1.9 points · 83% evidenceCapital efficiency 14.7/25 · ROCE 17.8% · Operating margin 13% · 76% evidenceValuation 9.2/20 · P/E 16.3× · PEG 1.4 · 65% evidenceRelative strength 6.0/20 · Lead over its industry -13.1% · Lead over S&P 500 -22.9% · 1 year 6% · 100% evidence · 0 of 12 weeks aheadExact sum: 21.3 + 14.7 + 9.2 + 6 = 51.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 11American Public Education, Inc.APEI · quiet · Evidence leans down · 64% evidence44.3out of 100
- 12Phoenix Education Partners, Inc.PXED · quiet · Evidence leans down · 69% evidence42.4out of 100
- 13Coursera, Inc. this pageCOUR · quiet · Evidence leans down · 64% evidence42.4out of 100
How the score adds up
Growth & earnings 25.1/35 · Revenue 44.6% · Profit — · Operating margin change 8.5 points · 71% evidenceCapital efficiency 3.5/25 · ROCE -4.5% · Operating margin 0.5% · 76% evidenceValuation 10.0/20 · P/E — · PEG — · 0% evidenceRelative strength 3.8/20 · Lead over its industry -31.9% · Lead over S&P 500 -39.2% · 1 year -54.7% · 100% evidence · 2 of 12 weeks aheadExact sum: 25.1 + 3.5 + 10 + 3.8 = 42.4 · What this means: Earnings are strong; relative strength in its sector is -31.9% and the one-year return is -54.7%. - 14Strategic Education, Inc.STRA · quiet · Evidence leans down · 85% evidence39.8out of 100
- 15Lincoln Educational Services CorporationLINC · basing · Evidence leans down · 81% evidence37.7out of 100
- 16McGraw Hill, Inc.MH · quiet · Evidence leans down · 67% evidence37.6out of 100
- 17KinderCare Learning Companies, Inc.KLC · basing · Too little evidence to rank firmly · 58% evidence31.1out of 100
- 18Universal Technical Institute, Inc.UTI · basing · Most evidence points down · 81% evidence29.6out of 100
- 19Neucleus Group LimitedNEUC · Too little evidence to rank firmly · 11% evidence57.2out of 100
- 20Chegg, Inc.CHGG · Too little evidence to rank firmly · 44% evidence43.2out of 100
Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.
The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.
Related companies: Education & Training Services, all 20 compared on one page.
Which companies are close to Coursera in size?
Coursera is the 13th largest of 20 Education & Training Services companies on Sector Alpha by market value (scores of 6 November 2026). Just above it: Perdoceo Education Corporation, Strategic Education, Inc. and Universal Technical Institute, Inc. Just below it: Afya, Phoenix Education Partners, Inc. and American Public Education, Inc.
Education & Training Services companies close in size
- Perdoceo Education Corporation $1.7 billion
- Strategic Education, Inc. $1.2 billion
- Universal Technical Institute, Inc. $1.1 billion
- Coursera, Inc. $947 million
- Afya Limited $929 million
- Phoenix Education Partners, Inc. $718 million
- American Public Education, Inc. $682 million
All 20 Education & Training Services companies, largest first
Companies close in size in other industries
- McEwen Inc. $950 million · Other Precious Metals & Mining
- Newsmax Inc. $948 million · Broadcasting
- Coursera, Inc. $947 million
- TrustCo Bank Corp NY $947 million · Banks - Regional
- Winmark Corporation $944 million · Specialty Retail
What else do people ask about Coursera?
What were Coursera's latest quarterly results?
Coursera, Inc. reported revenue of $377 M and a net loss of $25.6 M for the Sep 2026 quarter. Earnings per share were −$0.10. The operating margin was 0.5%, 8.5 percentage points higher than a year earlier (as of 6 November 2026).
What is Coursera's market cap?
Coursera, Inc.'s market capitalisation is $947 M at a stock price of $3.74. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 6 November 2026).
How is Coursera performing?
Coursera, Inc.'s latest readings are below. Over the past 13 weeks it has done worse than the S&P 500, for 9 weeks running. This describes what the data did, not a rating (as of 6 November 2026).
Will Coursera's stock price go up?
This page does not forecast Coursera, Inc.'s stock price. What it shows instead: the stock price is $3.74. Nobody can reliably say which way a price will move, and this site does not try (as of 6 November 2026).
Where is Coursera in its business cycle?
Coursera, Inc.'s FY25 operating margin was −8.8%, against a 5-year range of −34.4% to −8.8%: the middle of its own range, neither a peak nor a low. The latest quarter was 0.5%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 6 November 2026).
What could break the Coursera story?
Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 6 November 2026).
Is Coursera a stock worth studying right now?
What the numbers show: Coursera, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results.
Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 6 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 6 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
See the plain-text version of this page.
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