Coursera Q3 revenue nearly doubles, beating estimates on enterprise segment jump

Coursera

Thu 20:22

Overview
US online learning platform's Q3 revenue rose 94% yr/yr, beating analyst expectations
Non-GAAP net income for Q3 climbed 242% yr/yr
Company repurchased $102 mln in shares during Q3

Outlook
Coursera sees Q4 2026 revenue between $358 mln and $366 mln
Company expects Q4 2026 adjusted EBITDA of $55 mln to $59 mln
Coursera narrows 2026 revenue outlook to $1.229 bln-$1.237 bln

Result Drivers
ENTERPRISE SEGMENT - Co said enterprise revenue rose 214% yr/yr, with gross profit up 267% and margin expanding to 81.3%
CONSUMER SEGMENT - Consumer revenue grew 35% yr/yr, with gross profit up 45% and margin rising to 65.7%
SYNERGY EXECUTION - Co said it accelerated integration execution, achieving more than $150 mln in annualized gross cost savings within eight months of the Udemy merger

Company press release: ID:nBw9yHJHca

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$376.70 mln
$368.52 mln (11 Analysts)
Q3 Loss Per Share
 
$0.10
 
Q3 Net Loss
 
$25.60 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy"
Wall Street's median 12-month price target for Coursera, Inc. is $7.00, about 48.9% above its October 28 closing price of $4.70
The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 8 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)