Coursera Statistics 2026: Learners, Revenue and Growth Data

Coursera reached 197 million registered learners by December 31, 2025, cementing its place as one of the largest online learning platforms tracked across our coverage. Full-year 2025 revenue rose to $757.5 million, yet the company still posted a GAAP net loss of $(51.0) million for the year even as free cash flow turned strongly positive at $78.5 million.

The figures below trace learner growth, revenue by segment, enterprise adoption, generative-AI skills, career outcomes, and the Udemy merger, drawn from Coursera’s SEC filings and investor releases.

Key Takeaways

• Coursera ended 2025 with 197 million registered learners, up 17% from the 168 million counted a year earlier.
• Consumer revenue reached $502.2 million while Enterprise revenue hit $255.3 million, a roughly two-thirds to one-third split for the year.
• Paid enterprise customers grew to 1,730, and net retention recovered to 93% in Q4 2025 from 87% a year earlier.
• GenAI enrollments hit 8 million in 2025, growing 195% year-over-year at a pace of 12 learners per minute.
• Free cash flow climbed to $78.5 million in 2025 from $59.3 million in 2024, even as the GAAP net loss narrowed to $(51.0) million.
• The Coursera-Udemy combination implied roughly $2.5 billion in equity value and more than $1.5 billion in combined annual revenue.
• Degree enrollment reached 26,700 students, a reminder that paid credential seekers are a fraction of the 197 million registered base.

Editor’s Choice

• Coursera’s 197 million registered learners rank it among the largest education platforms by user base worldwide.
• Full-year 2025 revenue totaled $757.5 million, up 9% year-over-year.
• Adjusted EBITDA reached $63.5 million at an 8.4% margin in 2025, up from $41.5 million at 6.0% in 2024.
• Coursera closed 2025 with $792.6 million in cash and cash equivalents.
• The platform spans more than 375 university and industry partners.
• Coursera’s FY2026 revenue guidance sits at $805 million to $815 million.
• The company’s March 2021 IPO priced at $33 per share and closed its first day at $45.

Recent Developments

• Coursera reported full-year 2025 results in February 2026, posting $757.5 million in revenue and a narrower $(51.0) million GAAP net loss.
• The Coursera-Udemy all-stock combination was announced on December 16, 2025, with an expected close in the second half of 2026 and a combined pro forma annual revenue above $1.5 billion.
• Coursera issued FY2026 revenue guidance of $805 million to $815 million alongside adjusted EBITDA guidance of $70 million to $76 million.
• The 2025 Global Skills Report named GenAI the fastest-growing skill category, with 8 million enrollments and 195% year-over-year growth.
• Enterprise net retention recovered to 93% in Q4 2025 from a low of 87% in Q4 2024, signaling stabilizing corporate demand.

Coursera Registered Learner Statistics

• Coursera counted 197 million registered learners as of December 31, 2025.
• The platform held 168 million registered learners at the end of 2024 and 142 million at the end of 2023.
• Coursera added 6.8 million new registered learners in Q4 2025 alone.
• The 2025 base represents roughly 29 million more learners than the 2024 year-end count.
• Mid-year 2025 figures showed 191 million registered learners as of September 30, 2025.
• Q1 2024 reporting put the running total at 148 million registered learners after a 7 million quarterly addition.
• Year-over-year learner growth held at 17% through 2025.
• Quarterly additions ran near 6 million to 7 million learners across 2024 and 2025.

Source: Coursera Q4 earnings releases (investor.coursera.com)

Coursera held 142 million registered learners as of December 31, 2023. That base grew to 168 million by the end of 2024, and reached 197 million by December 31, 2025. The company added 6.8 million new registered learners in Q4 2025, while Q1 2024 reporting showed 148 million total learners after a 7 million quarterly addition. As of September 30, 2025, Coursera reported 191 million registered learners.

The pattern echoes what we see across our platform statistics coverage: registration scale keeps climbing while the harder question is how many of those accounts convert to paid activity.

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Coursera Annual Revenue Statistics

• Coursera generated $757.5 million in total revenue for full year 2025.
• Revenue grew 9% year-over-year in both 2024 and 2025.
• Full year 2024 revenue reached $694.7 million.
• Full year 2023 revenue was $635.8 million, up 21% over 2022.
• Full year 2022 revenue totaled $523.8 million, a 26% annual gain.
• Full year 2021 revenue came in at $415 million, up 41% year-over-year.
• Q4 2025 revenue was $196.9 million, up 10% year-over-year.
• Revenue more than 1.8x between 2021 and 2025.

Coursera’s revenue climbed steadily across the five-year window, as the table above shows. Full-year 2023 revenue reached $635.8 million, then rose to $694.7 million in 2024 and $757.5 million in 2025. That trajectory lifts revenue to roughly 1.8 times its 2021 level, though the deceleration from the early-stage growth pace to single-digit annual gains marks a maturing consumer business.

Coursera Revenue by Segment

• Consumer revenue reached $502.2 million in 2025, up 10% year-over-year.
• Enterprise revenue hit $255.3 million in 2025, up 7% year-over-year.
• Consumer accounted for roughly 66% of total 2025 revenue, Enterprise the remaining 34%.
• Q4 2025 Consumer revenue was $131.5 million, up 12% year-over-year.
• Q4 2025 Enterprise revenue was $65.4 million, up 5% year-over-year.
• Q4 2024 Degrees revenue was $15.2 million, up 14% year-over-year.
• From Q1 2025, Coursera folded Degrees into the Consumer segment for reporting.
• Q4 2024 Consumer revenue was $101.7 million, up 5% year-over-year.

Consumer segment revenue reached $502.2 million in 2025, a 10% year-over-year gain, while Enterprise segment revenue hit $255.3 million, up 7% year-over-year. Consumer therefore supplied close to two-thirds of 2025 revenue, with Enterprise contributing the remaining third. Coursera previously broke out Degrees separately, reporting $15.2 million in Q4 2024 Degrees revenue, up 14% year-over-year; from the first quarter of 2025, the company reports those results inside Consumer. The shift complicates clean year-over-year segment comparisons, so the figures above use the company’s restated structure.

Coursera Enterprise Customer Statistics

• Coursera served 1,730 paid enterprise customers at the end of 2025, up 7% year-over-year.
• Paid enterprise customers numbered 1,612 at the end of 2024, up 18% year-over-year.
• The 2023 count stood at 1,369 paid enterprise customers, an 19% annual increase.
• Q1 2024 reporting showed 1,480 paid enterprise customers, up 18% from a year earlier.
• Net retention recovered to 93% in Q4 2025.
• Net retention had fallen to 87% in Q4 2024.
• Net retention stood at 98% in Q4 2023, the high point of the three-year window.
• Enterprise revenue per customer ran near $148,000 on the 2025 base.

Coursera reported 1,369 paid enterprise customers at the end of 2023, an increase of 19% year-over-year, with net retention at 98% for the fourth quarter. That base grew to 1,612 paid enterprise customers in 2024, up 18% year-over-year, but net retention slipped to 87%. By the end of 2025, Coursera counted 1,730 active paid enterprise customers, with net retention recovering to 93%. Spread across 1,730 accounts, 2025 enterprise revenue averages into the low six figures per customer.

The retention dip and recovery is the metric to watch: it tracks how much existing corporate buyers expand or contract their contracts, and the move back toward the high-90s signals firmer demand for workforce upskilling.

By the numbers: Coursera’s enterprise net retention rate fell from 98% in Q4 2023 to 87% in Q4 2024 before recovering to 93% in Q4 2025, per the company’s earnings releases, a swing that shows corporate training budgets tightened then stabilized as employers prioritized AI and data skills.

Coursera Degrees Program Statistics

• Coursera Degrees enrolled 26,700 students by the end of 2024, up 22% year-over-year.
• Degrees students numbered 22,025 at the end of 2023, also up 22% year-over-year.
• Full year 2024 Degrees revenue was $57.7 million.
• Q4 2024 Degrees revenue reached $15.2 million, up 14% year-over-year.
• Q1 2024 Degrees revenue was roughly $15.3 million.
• Degree seekers represent a tiny fraction of the 197 million registered learner base.
• Coursera moved Degrees reporting into the Consumer segment from Q1 2025.
• The 26,700 degree students equal about 0.014% of all registered learners.

Source: Coursera FY2023 and FY2024 earnings releases (investor.coursera.com)

Coursera reported 22,025 Degrees students at the end of 2023, up 22% from the prior year, and 26,700 Degrees students at the end of 2024, up 22% year-over-year. Q4 2024 Degrees revenue reached $15.2 million, up 14% year-over-year. The funnel math frames the whole platform: against a base of 197 million registered learners, the 26,700 degree students amount to a tiny fraction of one percent of the registered base.

Free registration is the top of a very wide funnel, and full-degree enrollment is its narrow tip, the same engagement-over-growth dynamic visible in Spotify user and engagement data and other mature platforms.

Degree students also carry a heavier written workload than certificate learners, with graded essays, case studies, and capstone reports on top of video lectures. For learners fitting study around a full-time job, that workload is often the hardest part. Some turn to a service they can ask to write my essay, then use the result as a model for structuring their own submissions.

Coursera Course Catalog and Partner Statistics

• Coursera worked with more than 375 university and industry partners in 2025.
• The platform listed more than 350 partner institutions in 2024.
• Coursera launched more than 450 generative-AI courses in 2024.
• The catalog spanned nearly 5,000 courses, specializations, and certificates.
• Content was available in up to 24 languages.
• Coursera added nearly 40 new entry-level professional certificates in 2024.
• Gross profit margin held at 53% on a GAAP basis for full year 2024.
• Partner count grew from over 350 to over 375 across the two years.

Source: Coursera FY2024 and FY2025 earnings releases (investor.coursera.com)

Coursera worked with over 350 leading institutions in 2024, a figure that grew to over 375 university and industry partners by 2025. The company launched more than 450 generative-AI courses in 2024 and added nearly 40 new entry-level professional certificates that year. The catalog reached up to 24 languages across nearly 5,000 courses, specializations, and certificates. GAAP gross profit margin held at 53% for full-year 2024, a healthy figure for a content platform.

That margin is the foundation under Coursera’s push toward overall profitability. Readers tracking the broader market can compare this catalog scale against our online learning statistics.

Coursera AI and GenAI Enrollment Statistics

• Coursera recorded 8 million GenAI enrollments in 2025.
• GenAI enrollments grew 195% year-over-year, the fastest-growing skill category.
• Learners signed up for GenAI content at 12 learners per minute in 2025.
• The platform offered nearly 700 GenAI courses.
• Latin America posted 425% year-over-year GenAI enrollment growth, the highest globally.
• Coursera launched more than 450 GenAI partner courses in 2024.
• The 2025 Global Skills Report drew on data from more than 170 million Coursera learners.
• Over 90% of students and employers said they value micro-credentials.

Source: Coursera 2025 Global Skills Report (coursera.org)

GenAI enrollments on Coursera surged 195% year-over-year, making it the fastest-growing skill category, with 8 million GenAI enrollments and 12 learners per minute signing up for GenAI content in 2025 across nearly 700 GenAI courses. Latin America showed 425% year-over-year GenAI enrollment growth, the highest globally. The report draws insights from more than 170 million Coursera learners across 100+ countries.

This surge mirrors the demand picture in our AI job loss and workforce statistics: as automation reshapes roles, workers are racing to reskill, and Coursera’s enrollment data is one of the clearest demand signals available.

Key finding: Coursera logged 8 million generative-AI enrollments in 2025, up 195% year-over-year at a pace of 12 learners per minute, per its 2025 Global Skills Report. That makes GenAI the platform’s fastest-growing skill category and a direct readout on how quickly the global workforce is moving to acquire AI competencies.

Coursera Global Skills Rankings

• Switzerland ranked 1st globally for skill proficiency in 2025.
• The Netherlands placed 2nd and Sweden 3rd.
• European nations held nine of the top ten global ranks.
• Singapore ranked 4th, leading the Asia-Pacific region.
• Hong Kong placed 13th, South Korea 14th, and Japan 17th.
• Over 90% of students and employers value micro-credentials.
• The report covered more than 100 countries.
• Coursera’s skills analysis drew on more than 170 million learners.

Source: Coursera 2025 Global Skills Report (coursera.org)

European nations occupy nine of the top ten ranks, with Switzerland retaining its status at the top of the rankings, the Netherlands 2nd, and Sweden 3rd. Singapore ranked 4th as APAC’s leading skills hotspot, with Hong Kong 13th, South Korea 14th, and Japan 17th also attaining top-20 positions. More than 90% of students and employers value micro-credentials, according to the report covering 100+ countries.

The geographic concentration matters for enterprise buyers deciding where to invest training budgets, and it tracks the same regional AI-adoption gradient visible in our Claude versus ChatGPT usage data, where model uptake clusters in education-dense economies.

Coursera Career Outcomes Statistics

• 91% of learners achieved at least one positive career outcome after completing a course or program.
• 46% of learners reported a salary increase since enrolling.
• 27% of learners reported a higher job level after completion.
• 51% of Entry-Level Professional Certificate completers received a salary increase.
• Learners in emerging economies reported positive outcomes at 94% versus 84% in advanced economies.
• 84% of learners improved technical skills, and 89% improved soft skills.
• The survey covered more than 52,000 learners across 179 countries.
• The findings reflect completers, not all 197 million registrants.

Source: Coursera 2025 Learner Outcomes Report, with The Harris Poll

91% of learners achieved at least one positive career outcome after completing their course or program, with nearly half (46%) experiencing a salary increase since enrolling and 1 in 4 (27%) reporting a higher job level post-completion. 51% of learners who completed an Entry-Level Professional Certificate received a salary increase.

Learners in emerging economies were more likely to report positive career outcomes than those in advanced economies, at 94% versus 84%. One caveat carries weight here: the report includes insights from 52,000+ learners across 179 countries, created in collaboration with The Harris Poll.

Those respondents are opt-in completers, not a random sample of the registered base. The headline outcome figure describes people who finished and chose to respond, which skews toward motivated, successful learners.

Reported honestly, it is a strong outcome signal; read as a platform-wide guarantee, it would overstate the typical experience.

Coursera Profitability and Cash Flow Statistics

• Coursera narrowed its GAAP net loss to $(51.0) million in 2025.
• The net loss was $(79.5) million in 2024 and $(116.6) million in 2023.
• Free cash flow rose to $78.5 million in 2025 from $59.3 million in 2024.
• Operating cash flow reached $108.7 million in 2025.
• Adjusted EBITDA hit $63.5 million at an 8.4% margin in 2025.
• Adjusted EBITDA was $41.5 million at a 6.0% margin in 2024.
• Cash and equivalents ended 2025 at $792.6 million.
• Cash stood at $726.1 million entering 2025.

Coursera posted a net loss of $(116.6) million, or (18.3)% of revenue, in 2023. The 2025 GAAP net loss narrowed to $(51.0) million while free cash flow reached $78.5 million and operating cash flow hit $108.7 million. Free cash flow had been $59.3 million in 2024 on adjusted EBITDA of $41.5 million at a 6.0% margin, and adjusted EBITDA improved to $63.5 million at an 8.4% margin in 2025. The company closed 2025 with $792.6 million in cash and cash equivalents.

The gap between a shrinking accounting loss and rising cash generation is the profitability paradox in one frame: stock-based compensation and amortization keep the GAAP line red, while the cash business funds itself comfortably.

Coursera vs Udemy Merger Statistics

• Coursera and Udemy announced an all-stock combination on December 16, 2025.
• The deal implied a combined equity value of roughly $2.5 billion.
• The exchange ratio was set at 0.800 Coursera shares per Udemy share.
• That ratio represented a 26% premium to the 30-day average closing prices.
• Post-close ownership split roughly 59% Coursera to 41% Udemy shareholders.
• Combined pro forma annual revenue exceeded $1.5 billion.
• The companies targeted $115 million in annual cost savings within 24 months.
• The deal was expected to close in the second half of 2026.

Source: Coursera-Udemy merger announcement (investor.coursera.com)

Coursera and Udemy announced a combination with an implied combined equity value of approximately $2.5 billion. The exchange ratio was set at 0.800 Coursera shares per Udemy share, a 26% premium above 30-day average closing prices.

Post-close ownership splits approximately 59% to existing Coursera shareholders and approximately 41% to existing Udemy shareholders, producing combined pro forma annual revenue of more than $1.5 billion and anticipated cost savings of $115 million in annual run-rate within 24 months. The companies expected the deal to close in the second half of 2026.

For the full picture on the merger partner’s user base and course economics. The combined platform stacks Coursera’s university-credential model against Udemy’s open-marketplace catalog, a pairing aimed squarely at the corporate AI-skilling budget.

The takeaway: The Coursera-Udemy combination, announced December 16, 2025, pairs two of the largest online learning platforms into an entity with more than $1.5 billion in annual revenue and roughly $2.5 billion in implied equity value, per Coursera’s investor announcement, with a $115 million cost-savings target that signals the deal is built on cost consolidation as much as on a wider course catalog.

Coursera Revenue Guidance and Outlook

• Coursera guided to $805 million to $815 million in FY2026 revenue.
• The midpoint implies high-single-digit growth over the $757.5 million 2025 base.
• FY2026 adjusted EBITDA guidance ranges from $70 million to $76 million.
• The implied adjusted EBITDA margin sits near 9.0%.
• Coursera reported $792.6 million in cash entering the guidance period.
• Enterprise net retention of 93% underpins the outlook.
• The guidance precedes any contribution from the pending Udemy combination.
• Consumer demand for AI skills anchors the growth case.

Source: Coursera FY2025 earnings release (investor.coursera.com)

Coursera guided to full-year 2026 revenue of $805 to $815 million and adjusted EBITDA of $70 to $76 million. At the midpoints, that implies an adjusted EBITDA margin in the high single digits, a step up from the 8.4% recorded in 2025.

The guidance reflects the standalone business and does not bake in the Udemy combination, so the eventual combined entity will report on a materially larger base. It also tracks corporate training demand, which connects to broader remote work and workforce statistics shaping where enterprise upskilling budgets land.

Coursera Historical Growth and Milestones

• Coursera was founded in 2012 by Stanford professors Andrew Ng and Daphne Koller.
• The company went public on the NYSE on March 31, 2021.
• The IPO priced at $33 per share at the top of its $30 to $33 range.
• Coursera sold 15.73 million shares, raising roughly $519 million.
• Shares closed the first trading day up 36% at $45.
• The first-day close implied a market cap near $5.9 billion.
• Revenue grew from $415 million in 2021 to $757.5 million in 2025.
• Registered learners grew from 142 million in 2023 to 197 million in 2025.

Source: Coursera earnings releases and CNBC IPO coverage (investor.coursera.com)

Coursera completed its IPO on March 31, 2021, listing on the NYSE under the ticker COUR at an implied valuation of $4.3 billion. The company priced its 15.73 million shares at $33 apiece, the high end of its initial $30 to $33 target range. Shares closed up 36% on debut at $45, giving the company a market cap of $5.9 billion. From that 2021 base, revenue grew to $757.5 million by 2025 while the registered learner base expanded to 197 million.

The arc from a two-professor MOOC experiment to a public company weighing a billion-dollar merger captures how far the online-learning category has scaled in a little over a decade.

How Many People Use Coursera?

Coursera reached 197 million registered learners as of December 31, 2025, according to the company’s full-year 2025 earnings release. That figure counts cumulative registered accounts rather than monthly active users, so it reflects total reach across the platform’s lifetime rather than current engagement. The base stood at 168 million a year earlier, with 6.8 million new learners added in Q4 2025.

How Much Revenue Does Coursera Make?

Coursera generated $757.5 million in total revenue for full-year 2025, per its earnings release. Consumer revenue contributed $502.2 million and Enterprise revenue $255.3 million. The company has guided to between $805 and $815 million for 2026, implying continued high-single-digit growth before any contribution from the pending Udemy combination.

Is Coursera Profitable?

Coursera is not yet profitable on a GAAP basis, posting a net loss of $(51.0) million for full-year 2025. On a cash basis, the picture is stronger: free cash flow reached $78.5 million and adjusted EBITDA hit $63.5 million at an 8.4% margin. The gap reflects non-cash charges like stock-based compensation that depress the accounting line while the underlying cash business runs comfortably positive.

Conclusion

Coursera’s data tells a consistent story heading into this year: 197 million registered learners and $757.5 million in revenue give it scale, while $78.5 million in free cash flow shows the model can fund itself even with a GAAP net loss still on the books. The 8 million GenAI enrollments grew 195% year-over-year, and the Udemy combination reshapes the platform into an entity with more than $1.5 billion in revenue.

For HR and learning leaders evaluating enterprise training tools, the recovering net retention rate matters most; for individual learners, the outcomes data is encouraging but worth reading with its opt-in methodology in mind. The next test is whether a combined Coursera-Udemy can convert that learner scale into durable profitability.