Coursera Inc ( (COUR) ) has released its Q4 earnings. Here is a breakdown of the information Coursera Inc presented to its investors.
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Coursera Inc., a leading online learning platform, partners with top universities and industry leaders to provide a wide range of educational content, including courses, certificates, and degrees, to learners worldwide. The company reported its fourth quarter and full year financial results for 2024, highlighting significant growth in its revenue and operational milestones, alongside a leadership transition with the appointment of Greg Hart as the new CEO starting February 2025.
In 2024, Coursera achieved a total annual revenue of $695 million, marking a 9% increase from the previous year. The company’s strategic focus on expanding its course offerings, particularly in generative AI and healthcare micro-credentials, has been a significant driver of growth. Coursera’s consumer, enterprise, and degrees segments all showed positive revenue trends, with a notable 14% rise in degrees revenue.
The company’s financial performance in the fourth quarter of 2024 included a revenue increase to $179.2 million, a gross profit of $95.5 million, and a net loss of $21.6 million. However, adjusted EBITDA improved to $9.5 million, reflecting operational efficiencies. Coursera’s free cash flow also improved significantly to $59 million for the full year, underlining a strong cash position.
Looking ahead, Coursera’s management anticipates continued positive revenue growth and further improvements in adjusted EBITDA margins for 2025. The leadership transition is expected to bring fresh perspectives and drive the next phase of growth, with a focus on enhancing the platform’s offerings and expanding global reach in the rapidly evolving online education landscape.
