Coursera annual operating margin
2019
2020
2021
2022
2023
2024
2025
Coursera Operating Margin Growth & History (COUR)
Coursera's operating margin was −10.22% for fiscal 2025.
View full Coursera company overviewCoursera annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −10.22% | +6.08 pp |
| 2024 | 2024-12-31 | −16.29% | +6.61 pp |
| 2023 | 2023-12-31 | −22.90% | +10.97 pp |
| 2022 | 2022-12-31 | −33.87% | +0.58 pp |
| 2021 | 2021-12-31 | −34.45% | −11.76 pp |
| 2020 | 2020-12-31 | −22.69% | +3.56 pp |
| 2019 | 2019-12-31 | −26.24% | — |
Coursera quarterly operating margin
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −28.37% | −20.30 pp |
| Q1 2026 | 2026-03-31 | −12.93% | −4.90 pp |
| Q4 2025 | 2025-12-31 | −16.40% | +0.62 pp |
| Q3 2025 | 2025-09-30 | −8.03% | +4.29 pp |
| Q2 2025 | 2025-06-30 | −8.07% | +10.25 pp |
| Q1 2025 | 2025-03-31 | −8.03% | +9.59 pp |
| Q4 2024 | 2024-12-31 | −17.02% | −0.11 pp |
| Q3 2024 | 2024-09-30 | −12.32% | +11.59 pp |
| Q2 2024 | 2024-06-30 | −18.32% | +6.65 pp |
| Q1 2024 | 2024-03-31 | −17.62% | +8.84 pp |
| Q4 2023 | 2023-12-31 | −16.91% | +22.50 pp |
| Q3 2023 | 2023-09-30 | −23.91% | +2.74 pp |
| Q2 2023 | 2023-06-30 | −24.97% | +13.38 pp |
| Q1 2023 | 2023-03-31 | −26.47% | +4.40 pp |
| Q4 2022 | 2022-12-31 | −39.40% | +1.91 pp |
| Q3 2022 | 2022-09-30 | −26.65% | +1.95 pp |
| Q2 2022 | 2022-06-30 | −38.34% | +6.50 pp |
| Q1 2022 | 2022-03-31 | −30.86% | −10.08 pp |
| Q4 2021 | 2021-12-31 | −41.31% | −9.86 pp |
| Q3 2021 | 2021-09-30 | −28.60% | −14.22 pp |
| Q2 2021 | 2021-06-30 | −44.85% | −26.08 pp |
| Q1 2021 | 2021-03-31 | −20.78% | +6.46 pp |
| Q4 2020 | 2020-12-31 | −31.45% | — |
| Q3 2020 | 2020-09-30 | −14.38% | — |
| Q2 2020 | 2020-06-30 | −18.77% | — |
| Q1 2020 | 2020-03-31 | −27.24% | — |
Coursera operating margin trends
Over the last five reported fiscal years, Coursera's operating margin increased from −22.69% to −10.22%, a change of +12.47 percentage points. The latest reported quarter, Q2 2026, shows −28.37%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Coursera filings at SEC.gov ↗