Superworth

Coursera profit margin COUR

Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.

Net margin, 12 months
−15.4%
Operating margin, 12 months
−17.8%
Net margin on a year earlier
−8.3 pts
Peer median
5.1%

Over the twelve months to Jun 30, 2026, Coursera kept −15.4% of its revenue as net profit, with an operating margin of −17.8% and a gross margin of 55.9%.

Five years earlier its net margin was −29.1%.

The median for 10 infrastructure software stocks of a similar size is 5.1%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−6.7%−10.2%54.6%
FY2024−11.4%−16.3%53.5%
FY2023−18.3%−22.9%51.9%
FY2022−33.5%−33.9%63.3%
FY2021−35.0%−34.4%60.1%
FY2020−22.8%−22.7%52.7%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−15.4%−8.3 pts−17.8%
Q1 FY26−8.2%+1.1 pts−11.4%
Q4 FY25−6.7%+4.7 pts−10.2%
Q3 FY25−6.2%+5.2 pts−10.2%
Q2 FY25−7.0%+7.3 pts−11.3%
Q1 FY25−9.4%+6.7 pts−13.9%
Q4 FY24−11.4%+6.9 pts−16.3%
Q3 FY24−11.4%+12.9 pts−16.3%
Q2 FY24−14.3%+11.9 pts−19.2%
Q1 FY24−16.0%+14.7 pts−20.7%
Q4 FY23−18.3%+15.1 pts−22.9%
Q3 FY23−24.3%+10.2 pts−28.4%

Against its peers

Companies in Software - Infrastructure nearest Coursera's size, closest first, today.

CompanyProfit margin
COURCoursera−15.4%
RDVTRed Violet16.5%
XZOExzeo39.1%
CXMSprinklr2.7%
EVCMEverCommerce5.7%
PDFSPDF Solutions4.3%
RPDRapid72.4%
MQMarqeta1.5%
BLBlackline4.7%
OSPNOneSpan27.8%
NCNOnCino5.4%
Peer median5.1%

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Coursera

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.