Coursera Inc
NYSE:COUR
Income Statement
Earnings Waterfall
Coursera Inc
Revenue
|
684.4m
USD
|
Cost of Revenue
|
-319.1m
USD
|
Gross Profit
|
365.2m
USD
|
Operating Expenses
|
-470.1m
USD
|
Operating Income
|
-104.8m
USD
|
Other Expenses
|
26.5m
USD
|
Net Income
|
-78.3m
USD
|
Income Statement
Coursera Inc
Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||
Revenue |
184
N/A
|
198
+7%
|
226
+14%
|
260
+15%
|
294
+13%
|
328
+12%
|
357
+9%
|
384
+8%
|
415
+8%
|
447
+8%
|
470
+5%
|
497
+6%
|
524
+5%
|
551
+5%
|
580
+5%
|
609
+5%
|
636
+4%
|
657
+3%
|
674
+3%
|
684
+2%
|
|
Gross Profit | |||||||||||||||||||||
Cost of Revenue |
(90)
|
(95)
|
(108)
|
(123)
|
(139)
|
(153)
|
(159)
|
(162)
|
(166)
|
(170)
|
(175)
|
(182)
|
(192)
|
(220)
|
(247)
|
(281)
|
(306)
|
(315)
|
(322)
|
(319)
|
|
Gross Profit |
95
N/A
|
104
+9%
|
118
+14%
|
137
+16%
|
155
+13%
|
175
+13%
|
198
+13%
|
222
+12%
|
250
+13%
|
278
+11%
|
295
+6%
|
315
+7%
|
332
+5%
|
331
0%
|
333
+0%
|
328
-1%
|
330
+0%
|
342
+4%
|
352
+3%
|
365
+4%
|
|
Operating Income | |||||||||||||||||||||
Operating Expenses |
(143)
|
(158)
|
(178)
|
(191)
|
(221)
|
(246)
|
(300)
|
(343)
|
(393)
|
(437)
|
(455)
|
(479)
|
(493)
|
(503)
|
(497)
|
(496)
|
(477)
|
(470)
|
(473)
|
(470)
|
|
Selling, General & Administrative |
(87)
|
(97)
|
(112)
|
(123)
|
(145)
|
(163)
|
(194)
|
(223)
|
(257)
|
(286)
|
(300)
|
(318)
|
(328)
|
(332)
|
(330)
|
(330)
|
(317)
|
(319)
|
(330)
|
(333)
|
|
Research & Development |
(56)
|
(61)
|
(67)
|
(69)
|
(77)
|
(83)
|
(106)
|
(120)
|
(135)
|
(151)
|
(155)
|
(161)
|
(165)
|
(171)
|
(167)
|
(166)
|
(160)
|
(151)
|
(143)
|
(137)
|
|
Operating Income |
(48)
N/A
|
(54)
-12%
|
(60)
-10%
|
(55)
+9%
|
(67)
-22%
|
(70)
-6%
|
(102)
-46%
|
(122)
-19%
|
(143)
-17%
|
(160)
-12%
|
(160)
+0%
|
(164)
-2%
|
(162)
+1%
|
(172)
-6%
|
(165)
+4%
|
(167)
-2%
|
(147)
+12%
|
(128)
+13%
|
(121)
+6%
|
(105)
+13%
|
|
Pre-Tax Income | |||||||||||||||||||||
Interest Income Expense |
3
|
3
|
2
|
2
|
1
|
1
|
0
|
0
|
0
|
1
|
1
|
4
|
9
|
17
|
24
|
31
|
34
|
36
|
37
|
38
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(4)
|
(5)
|
(15)
|
(8)
|
(5)
|
(6)
|
1
|
(8)
|
(8)
|
(6)
|
|
Total Other Income |
(0)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(2)
|
(3)
|
(2)
|
(2)
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
|
Pre-Tax Income |
(46)
N/A
|
(52)
-13%
|
(58)
-11%
|
(53)
+8%
|
(65)
-24%
|
(69)
-6%
|
(102)
-46%
|
(122)
-20%
|
(143)
-18%
|
(162)
-13%
|
(165)
-2%
|
(168)
-2%
|
(171)
-2%
|
(164)
+4%
|
(146)
+11%
|
(142)
+3%
|
(111)
+22%
|
(101)
+9%
|
(93)
+8%
|
(74)
+20%
|
|
Net Income | |||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(5)
|
(5)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(5)
|
|
Income from Continuing Operations |
(47)
|
(53)
|
(59)
|
(54)
|
(67)
|
(71)
|
(104)
|
(124)
|
(145)
|
(165)
|
(168)
|
(171)
|
(175)
|
(169)
|
(152)
|
(148)
|
(117)
|
(105)
|
(97)
|
(78)
|
|
Net Income (Common) |
(47)
N/A
|
(53)
-13%
|
(59)
-11%
|
(54)
+8%
|
(67)
-24%
|
(71)
-7%
|
(104)
-46%
|
(124)
-20%
|
(145)
-17%
|
(165)
-14%
|
(168)
-2%
|
(171)
-2%
|
(175)
-2%
|
(169)
+3%
|
(152)
+10%
|
(148)
+3%
|
(117)
+21%
|
(105)
+10%
|
(97)
+8%
|
(78)
+19%
|
|
EPS (Diluted) |
-0.36
N/A
|
-0.41
-14%
|
-0.46
-12%
|
-0.42
+9%
|
-0.51
-21%
|
-0.52
-2%
|
-0.79
-52%
|
-0.89
-13%
|
-1.28
-44%
|
-1.15
+10%
|
-1.15
N/A
|
-1.17
-2%
|
-1.21
-3%
|
-1.13
+7%
|
-1
+12%
|
-0.99
+1%
|
-0.77
+22%
|
-0.69
+10%
|
-0.63
+9%
|
-0.5
+21%
|