Coursera, Inc. (COUR) quarterly cash flow statement — complete operating, investing & financing history
Coursera, Inc. (COUR) cash flow statement — 7-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | -19.8M | 14.6M | 5.8M | 33.9M | 35.5M | 33.5M | 19.21M | 27.84M | 23.85M | 24.45M | 11.57M | 19.75M | -6.37M | 4.69M | -5.44M | 4.79M | 857K | -38.26M | 805K | 10.74M |
| Operating CF Margin % | -6.63% | 7.46% | 2.95% | 17.46% | 18.97% | 18.68% | 10.72% | 15.81% | 14% | 14.46% | 6.85% | 11.93% | -4.15% | 3.18% | -3.83% | 3.51% | 0.69% | -31.77% | 0.7% | 9.78% |
| Operating CF Growth % | -155.77% | -56.42% | -69.82% | 21.75% | 48.84% | 37.01% | 66.1% | 40.99% | 474.37% | 421.1% | 312.57% | 312.23% | -843.41% | 112.26% | -776.02% | -55.4% | 115.72% | -780.08% | 104.59% | - |
| Net Income | -80.4M | -20.5M | -26.8M | -8.6M | -7.8M | -7.8M | -21.61M | -13.69M | -22.97M | -21.26M | -20.36M | -32.09M | -31.74M | -32.36M | -51.72M | -36.04M | -49.33M | -38.27M | -47.74M | -32.45M |
| Depreciation & Amortization | 22.5M | 7.5M | 7M | 7.3M | 7.4M | 7.1M | 6.35M | 6.11M | 6.27M | 6.36M | 5.77M | 5.66M | 5.33M | 5.51M | 5M | 4.89M | 4.44M | 4.18M | 4.25M | 4.14M |
| Stock-Based Compensation | 0 | 20.3M | 24.1M | 23M | 23.8M | 24.2M | 24.94M | 25.27M | 30.02M | 27.86M | 27.67M | 27.85M | 29.31M | 24.74M | 34.93M | 26.37M | 27.5M | 21.98M | 23.32M | 23.41M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.98M | -1.32M | -3.66M | 0 | 0 | 0 | 0 | 0 | 128K | 54K |
| Other Non-Cash Items | 40.3M | 500K | 600K | 600K | 2.1M | 100K | 1.78M | 31.55M | 241K | 356K | -5.46M | 491K | 106K | -4.38M | -1.92M | 1.63M | 3.98M | 2.63M | -705K | 152K |
| Working Capital Changes | -2.2M | 6.8M | 900K | 11.6M | 10M | 9.9M | 7.75M | -21.39M | 10.3M | 11.09M | -1.02M | 19.16M | -5.72M | 11.19M | 8.27M | 7.94M | 14.27M | -28.78M | 21.55M | 15.44M |
| Change in Receivables | -1.5M | 5.4M | -6.7M | 8.4M | -7.3M | -100K | -12.11M | 10.59M | 274K | 8.46M | -5.73M | 10.65M | -5.1M | -14.59M | 461K | 2.37M | -3.43M | -20M | 1.36M | 15.64M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.31M | -7.62M | -4.69M | 0 | 0 | -13.77M | 0 | 0 | 71K | 1.12M |
| Change in Payables | 2.4M | -700K | -1.1M | 5.6M | 7.7M | -4.2M | 1.45M | 81K | -3.25M | -594K | 1.4M | 16.7M | -3.58M | 19.44M | 20.1M | 13.77M | 4.46M | -6.67M | 16.38M | 5.22M |
| Cash from Investing | 200.1M | -11.6M | -7.8M | -7.3M | -6.9M | -8.2M | -11.83M | -11.1M | -6.81M | 59.64M | 144.12M | 137.06M | 154.16M | -50.54M | -98.62M | 39.09M | 10.62M | -185.11M | -229.88M | 32.16M |
| Capital Expenditures | -7.7M | -200K | -400K | -200K | -400K | -500K | -1.08M | 12.66M | -6.81M | -6.36M | -3.91M | -4.16M | -5.17M | -3.16M | -2.41M | -3.48M | -4.04M | -3.94M | -2.7M | -3.6M |
| CapEx % of Revenue | 2.58% | 0.1% | 0.2% | 0.1% | 0.21% | 0.28% | 0.6% | 7.19% | 4% | 3.76% | 2.32% | 2.52% | 3.36% | 2.14% | 1.69% | 2.56% | 3.24% | 3.27% | 2.35% | 3.28% |
| Acquisitions | 213.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.7M | -3.86M | 0 | 0 | 0 | 0 | 0 | 0 | -2.38M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -5.1M | -11.4M | -7.4M | -7.1M | -6.5M | -7.7M | -10.75M | -23.76M | 0 | 0 | -1.97M | 1.78M | -676K | -624K | -82K | -341K | -337K | -617K | 1.96M | -238K |
| Cash from Financing | -96.7M | -5.7M | -3.1M | -3.9M | -1.5M | -5M | -648K | -5.6M | -33.64M | -15.05M | -6.53M | -12.43M | -52.59M | -7.68M | 85K | 913K | 7.21M | 4.03M | 8.17M | 8.53M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | -84.3M | 200K | 5.5M | 7.6M | 5.4M | 1.2M | 4.35M | 1.34M | -25.84M | -1.54M | -15.44M | 1.4M | -40.78M | 5.35M | -1.65M | 2.85M | 9.44M | 6.65M | 4.96M | 12.52M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -87.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -31.07M | -5.63M | -18.32M | -5.39M | -53.07M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -12.4M | -5.9M | -8.6M | -11.5M | -6.9M | -6.2M | -5M | -6.95M | -7.8M | -13.51M | 8.91M | -13.83M | -11.82M | -13.04M | 1.74M | -1.94M | -2.23M | -2.63M | 3.22M | -3.99M |
| Net Change in Cash | 83.3M | -2.7M | -5.1M | 22.7M | 27.1M | 20.3M | 6.73M | 11.17M | -16.6M | 69.1M | 149.16M | 144.38M | 95.19M | -53.53M | -103.98M | 44.79M | 18.69M | -219.34M | -220.9M | 51.42M |
| Free Cash Flow | -20.1M | 14.4M | 600K | 33.7M | 35.1M | 33M | 14.49M | 22.74M | 17.04M | 18.09M | 7.66M | 15.59M | -11.54M | 1.53M | -7.85M | 1.31M | -3.18M | -42.2M | -1.9M | 7.14M |
| FCF Margin % | -6.73% | 7.36% | 0.3% | 17.35% | 18.76% | 18.4% | 8.09% | 12.91% | 10.01% | 10.7% | 4.53% | 9.42% | -7.51% | 1.04% | -5.52% | 0.96% | -2.55% | -35.04% | -1.65% | 6.5% |
| FCF Growth % | -157.27% | -56.36% | -95.86% | 48.2% | 105.95% | 82.39% | 89.32% | 45.9% | 247.74% | 1081.01% | 197.52% | 1093.41% | -262.54% | 103.63% | -313.43% | -81.7% | 62.56% | -388.49% | 91.03% | - |
| FCF per Share | -0.10 | 0.09 | 0.00 | 0.20 | 0.22 | 0.21 | 0.09 | 0.14 | 0.11 | 0.12 | 0.05 | 0.10 | -0.08 | 0.01 | -0.05 | 0.01 | -0.02 | -0.30 | -0.01 | 0.05 |
| FCF Conversion (FCF/Net Income) | 0.25x | -0.71x | -0.22x | -3.94x | -4.55x | -4.29x | -0.89x | -2.03x | -1.04x | -1.15x | -0.57x | -0.62x | 0.20x | -0.14x | 0.11x | -0.13x | -0.02x | 1.00x | -0.02x | -0.33x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -37K |
| Taxes Paid | 0 | 1.6M | 2.3M | 1.8M | 1.7M | 200K | 1.83M | 1.46M | 934K | 1.09M | 2.57M | 1.52M | 1.18M | 1.11M | 1.44M | 1.15M | 667K | 808K | 1.38M | 582K |