Coursera, Inc. (COUR) stock

COURNYSEServices-Prepackaged SoftwareFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 13/3068% below fair value

$3.51−0.05 (-1.40%)

Close on Nov 13, 2026Market cap $928.04MP/E –Yield –

Coursera r&d expenses

Research and development expenses are spending on new products and technology.

Coursera's R&D Expenses for the twelve months ending Sep 30, 2026 was $159.90M, up 32.1% year over year. For fiscal 2025 it was $121.60M, down 7.9% from the year before. The highest annual figure on record is $165.13M in fiscal 2022.

Annual r&d expenses

Period	Period end	Value	Change
FY2025	Dec 31, 2025	$121.60M	-7.9%
FY2024	Dec 31, 2024	$132.10M	-17.5%
FY2023	Dec 31, 2023	$160.10M	-3.0%
FY2022	Dec 31, 2022	$165.13M	+22.0%
FY2021	Dec 31, 2021	$135.41M	+76.4%
FY2020	Dec 31, 2020	$76.78M	+36.2%
FY2019	Dec 31, 2019	$56.36M	–

Quarterly r&d expenses

Change is against the same quarter a year earlier.

Period	Period end	Value	Change
Q3 FY2026	Sep 30, 2026	$52.10M	+73.7%
Q2 FY2026	Jun 30, 2026	$43.70M	+49.1%
Q1 FY2026	Mar 31, 2026	$31.30M	+6.1%
Q4 FY2025	Dec 31, 2025	$32.80M	+1.9%
Q3 FY2025	Sep 30, 2025	$30.00M	-5.1%
Q2 FY2025	Jun 30, 2025	$29.30M	-13.1%
Q1 FY2025	Mar 31, 2025	$29.50M	-14.7%
Q4 FY2024	Dec 31, 2024	$32.20M	-13.9%
Q3 FY2024	Sep 30, 2024	$31.60M	-16.0%
Q2 FY2024	Jun 30, 2024	$33.70M	-18.4%
Q1 FY2024	Mar 31, 2024	$34.60M	-21.0%
Q4 FY2023	Dec 31, 2023	$37.39M	-12.7%
Q3 FY2023	Sep 30, 2023	$37.62M	-4.6%
Q2 FY2023	Jun 30, 2023	$41.29M	-8.1%
Q1 FY2023	Mar 31, 2023	$43.81M	+15.4%
Q4 FY2022	Dec 31, 2022	$42.84M	+11.8%
Q3 FY2022	Sep 30, 2022	$39.42M	+16.1%
Q2 FY2022	Jun 30, 2022	$44.93M	+9.6%
Q1 FY2022	Mar 31, 2022	$37.96M	+71.4%
Q4 FY2021	Dec 31, 2021	$38.33M	+64.3%
Q3 FY2021	Sep 30, 2021	$33.94M	+73.0%
Q2 FY2021	Jun 30, 2021	$41.00M	+127.2%
Q1 FY2021	Mar 31, 2021	$22.14M	+40.3%
Q4 FY2020	Dec 31, 2020	$23.34M	–
Q3 FY2020	Sep 30, 2020	$19.62M	–
Q2 FY2020	Jun 30, 2020	$18.05M	–
Q1 FY2020	Mar 31, 2020	$15.78M	–