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Coursera Inc

For the period ended Dec 31, 2024. Filed Feb 24, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 24, 2025

COUR$3.76+0.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

(In thousands, except share and per share amounts)

December 31, 2024December 31, 2023
Assets
Current assets:
Cash and cash equivalents$726,125$656,321
Marketable securities—65,746
Accounts receivable, net of allowance for credit losses of $34 and $133 as of December 31, 2024 and December 31, 202359,68567,418
Deferred costs, net24,66726,387
Prepaid expenses and other current assets20,17716,614
Total current assets830,654832,486
Property, equipment, and software, net36,89930,408
Operating lease right-of-use assets2,9674,739
Intangible assets, net24,52111,720
Other assets35,23341,180
Total assets$930,274$920,533
Liabilities and Stockholders’ Equity
Current liabilities:
Educator partners payable$101,869$101,041
Other accounts payable and accrued expenses21,37523,456
Accrued compensation and benefits31,62722,281
Operating lease liabilities, current436,557
Deferred revenue, current159,741137,229
Other current liabilities12,8187,696
Total current liabilities327,473298,260
Operating lease liabilities, non-current3,02139
Deferred revenue, non-current1,5552,861
Other liabilities8053,179
Total liabilities332,854304,339
Commitments and contingencies (Note 9)
Stockholders’ equity:
Preferred stock, $0.00001 par value—10,000,000 shares authorized as of December 31, 2024 and December 31, 2023; no shares issued and outstanding as of December 31, 2024 and December 31, 2023——
Common stock, $0.00001 par value—300,000,000 shares authorized as of December 31, 2024 and December 31, 2023; 165,312,016 shares issued and 160,069,528 shares outstanding as of December 31, 2024, and 162,898,279 shares issued and 155,320,538 shares outstanding as of December 31, 202322
Additional paid-in capital1,506,6541,459,964
Treasury stock, at cost—5,242,488 and 7,577,741 shares as of December 31, 2024 and December 31, 2023(49,029)(63,154)
Accumulated other comprehensive income—59
Accumulated deficit(860,207)(780,677)
Total stockholders’ equity597,420616,194
Total liabilities and stockholders’ equity$930,274$920,533
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.