Coursera, Inc.
For the period ended Dec 31, 2025. Filed Feb 23, 2026.
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FY2025 · Filed Feb 23, 2026
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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Consolidated Balance Sheets
(In millions, except par value amounts)
| December 31, 2025 | December 31, 2024 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $792.6 | $726.1 |
| Accounts receivable, net | 65.4 | 59.7 |
| Deferred costs, net | 19.6 | 24.7 |
| Prepaid expenses and other current assets | 20.5 | 20.2 |
| Total current assets | 898.1 | 830.7 |
| Property, equipment, and software, net | 43.4 | 36.9 |
| Intangible assets, net | 27.1 | 24.5 |
| Other assets | 31.4 | 38.2 |
| Total assets | $1,000.0 | $930.3 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Content liabilities | $100.0 | $104.1 |
| Other accounts payable and accrued expenses | 29.8 | 19.2 |
| Accrued compensation and benefits | 36.7 | 31.6 |
| Deferred revenue, current | 180.9 | 159.7 |
| Other current liabilities | 10.5 | 12.9 |
| Total current liabilities | 357.9 | 327.5 |
| Deferred revenue, non-current | 1.4 | 1.6 |
| Other liabilities | 5.0 | 3.8 |
| Total liabilities | 364.3 | 332.9 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.00001 par value—10.0 shares authorized and no shares issued and outstanding as of December 31, 2025 and 2024 | — | — |
| Common stock, $0.00001 par value—300.0 shares authorized as of December 31, 2025 and December 31, 2024; 167.9 shares issued and outstanding as of December 31, 2025, and 165.3 shares issued and 160.1 shares outstanding as of December 31, 2024 | — | — |
| Additional paid-in capital | 1,546.9 | 1,506.7 |
| Treasury stock, at cost—none and 5.2 shares as of December 31, 2025 and 2024 | — | (49.1) |
| Accumulated deficit | (911.2) | (860.2) |
| Total stockholders’ equity | 635.7 | 597.4 |
| Total liabilities and stockholders’ equity | $1,000.0 | $930.3 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.