Coursera annual r&d spending
2019
2020
2021
2022
2023
2024
2025
Coursera R&D Spending Growth & History (COUR)
Coursera's r&d spending was $121.6M for fiscal 2025.
View full Coursera company overviewCoursera annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $121.6M | −$10.5M | −7.95% |
| 2024 | 2024-12-31 | $132.1M | −$28.0M | −17.49% |
| 2023 | 2023-12-31 | $160.1M | −$5.0M | −3.05% |
| 2022 | 2022-12-31 | $165.1M | $29.7M | +21.95% |
| 2021 | 2021-12-31 | $135.4M | $58.6M | +76.35% |
| 2020 | 2020-12-31 | $76.8M | $20.4M | +36.23% |
| 2019 | 2019-12-31 | $56.4M | — | — |
Coursera quarterly r&d spending
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 | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $43.7M | $14.4M | +49.15% |
| Q1 2026 | 2026-03-31 | $31.3M | $1.8M | +6.10% |
| Q4 2025 | 2025-12-31 | $32.8M | $600,000 | +1.86% |
| Q3 2025 | 2025-09-30 | $30.0M | −$1.6M | −5.06% |
| Q2 2025 | 2025-06-30 | $29.3M | −$4.4M | −13.06% |
| Q1 2025 | 2025-03-31 | $29.5M | −$5.1M | −14.74% |
| Q4 2024 | 2024-12-31 | $32.2M | −$5.2M | −13.88% |
| Q3 2024 | 2024-09-30 | $31.6M | −$6.0M | −15.99% |
| Q2 2024 | 2024-06-30 | $33.7M | −$7.6M | −18.37% |
| Q1 2024 | 2024-03-31 | $34.6M | −$9.2M | −21.02% |
| Q4 2023 | 2023-12-31 | $37.4M | −$5.4M | −12.71% |
| Q3 2023 | 2023-09-30 | $37.6M | −$1.8M | −4.56% |
| Q2 2023 | 2023-06-30 | $41.3M | −$3.6M | −8.11% |
| Q1 2023 | 2023-03-31 | $43.8M | $5.9M | +15.42% |
| Q4 2022 | 2022-12-31 | $42.8M | $4.5M | +11.75% |
| Q3 2022 | 2022-09-30 | $39.4M | $5.5M | +16.15% |
| Q2 2022 | 2022-06-30 | $44.9M | $3.9M | +9.57% |
| Q1 2022 | 2022-03-31 | $38.0M | $15.8M | +71.43% |
| Q4 2021 | 2021-12-31 | $38.3M | $15.0M | +64.26% |
| Q3 2021 | 2021-09-30 | $33.9M | $14.3M | +72.96% |
| Q2 2021 | 2021-06-30 | $41.0M | $23.0M | +127.22% |
| Q1 2021 | 2021-03-31 | $22.1M | $6.4M | +40.28% |
| Q4 2020 | 2020-12-31 | $23.3M | — | — |
| Q3 2020 | 2020-09-30 | $19.6M | — | — |
| Q2 2020 | 2020-06-30 | $18.0M | — | — |
| Q1 2020 | 2020-03-31 | $15.8M | — | — |
Coursera r&d spending trends
Over the last five fiscal years, Coursera's r&d spending increased from $76.8M to $121.6M, a change of $44.8M. The latest reported quarter, Q2 2026, shows $43.7M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Coursera source filings ↗