Flagship explainer

How COURSERA, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$758M · 100%Cost of revenue$344M · 45%Gross profit$413M · 55%Operating income−$77.4M · −10%Income before tax−$45.9M · −6%Income tax$5.1M · 1%Net income−$51M · −7%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$758M100%
Cost of revenue$344M45%
$413M55%
−$77.4M−10%
Income before tax−$45.9M−6%
Income tax$5.1M1%
−$51M−7%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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