---
schema_version: "secwatch.filing_event.v1"
accession: "0001651562-23-000003"
form_type: "8-K"
ticker: "COUR"
cik: "0001651562"
company_name: "Coursera, Inc."
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T09:04:11.976140+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Coursera Q1 revenue $147.6M (+23% YoY); announces $95M share repurchase

## Summary
- Revenue $147.6M (+23% YoY); net loss $(32.4)M improved from $(38.3)M; Adj. EBITDA $(7.5)M.
- Free cash flow turned positive at $1.5M vs negative $(42.2)M a year ago.
- Board authorized $95M share repurchase to reduce dilution from 2022 employee stock issuances.
- Gross margin fell to 52.5% from 64.5% due to cost shift from largest industry partner contract.
- Launched ten new degree programs during the quarter.

## SEC filing metadata
- accession: 0001651562-23-000003
- form_type: 8-K
- ticker: COUR
- cik: 0001651562
- company_name: Coursera, Inc.
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1651562/000165156223000003/0001651562-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1651562/000165156223000003/cour-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001651562-23-000003
- JSON: https://secwatch.observer/filing/0001651562-23-000003.json
- Plain text: https://secwatch.observer/filing/0001651562-23-000003.txt

## Key facts
- Earnings Releases
  Coursera, Inc. reported first quarter ended March 31, 2023 results: revenue $147.6 million, net income $(32.4) million.
  - Period: first quarter ended March 31, 2023
  - Revenue: $147.6 million
  - Net income: $(32.4) million
  - Result: reported results
  source text: job-relevant credentials that learners and institutions will require to keep pace with our accelerating world.” Financial Highlights for First Quarter 2023 • Total revenue was $147.6 million, up 23% from $120.4 million a year ago. • Gross profit was $77.5 million or 52.5% of revenue, compared to $77.6 million or 64.5% of revenue a year ago. Non-GAAP gross profit was
  evidence_url: https://www.sec.gov/Archives/edgar/data/1651562/000165156223000003/0001651562-23-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.