Administrative Information [Filing and Registrant Details](index=1&type=section&id=Filing%20and%20Registrant%20Details) This section provides the foundational administrative details of the Form 8-K filing, including the report date, the registrant's legal name, incorporation state, and principal executive offices - The report is a **Form 8-K Current Report** filed by Coursera, Inc. on **September 30, 2025**[1](index=1&type=chunk)[2](index=2&type=chunk) - Coursera, Inc. is incorporated in Delaware, with its principal executive offices located at 2440 West El Camino Real, Suite 500, Mountain View, California 94040[2](index=2&type=chunk) [Securities Information](index=1&type=section&id=Securities%20Information) This section details the registrant's securities listed on exchanges and its status regarding emerging growth company provisions Registered Securities | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | :------------------ | :---------------- | :---------------------------------------- | | Common Stock, $0.00001 par value per share | COUR | New York Stock Exchange | - The registrant is **not an emerging growth company**[5](index=5&type=chunk) Current Report Items [Item 2.02 Results of Operations and Financial Condition](index=3&type=section&id=Item%202.02%20Results%20of%20Operations%20and%20Financial%20Condition) Coursera, Inc. reaffirmed its previously issued financial guidance for the third quarter and full year 2025 and announced the scheduled release of its third-quarter financial results - Coursera, Inc. **reaffirmed its financial guidance** for the **third quarter and full year 2025**, originally issued on July 24, 2025[7](index=7&type=chunk) - The company expects to release its financial results for the **third quarter ended September 30, 2025**, after the U.S. stock market closes on Thursday, **October 23, 2025**[7](index=7&type=chunk) - A conference call broadcast is scheduled for **2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)** following the press release[7](index=7&type=chunk) [Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers](index=3&type=section&id=Item%205.02%20Departure%20of%20Directors%20or%20Certain%20Officers%3B%20Election%20of%20Directors%3B%20Appointment%20of%20Certain%20Officers%3B%20Compensatory%20Arrangements%20of%20Certain%20Officers) This section reports the resignation of Coursera's Chief Financial Officer and outlines the associated retention and advisory agreements - **Kenneth R. Hahn**, Senior Vice President, **Chief Financial Officer**, and Treasurer, notified the Company of his intention to **resign**, effective **October 29, 2025**[9](index=9&type=chunk) - Mr. Hahn is eligible to receive certain **severance benefits** under a **retention agreement** dated January 29, 2025, subject to his execution of a release of claims[10](index=10&type=chunk) - The Company anticipates entering into an **advisory agreement** with Mr. Hahn for a **twelve-month period** post-resignation to facilitate the transition of his responsibilities[10](index=10&type=chunk) [Item 7.01 Regulation FD Disclosure](index=3&type=section&id=Item%207.01%20Regulation%20FD%20Disclosure) Coursera issued a press release to publicly announce the information detailed in Items 2.02 and 5.02 of this Form 8-K - A press release was issued on **October 2, 2025**, announcing the matters described in **Items 2.02 and 5.02**[11](index=11&type=chunk) - A copy of the press release is attached as **Exhibit 99.1**[11](index=11&type=chunk) [Item 9.01 Financial Statements and Exhibits](index=3&type=section&id=Item%209.01%20Financial%20Statements%20and%20Exhibits) This section lists the exhibits accompanying the Form 8-K filing, including the press release and interactive data file Exhibits Filed | Exhibit Number | Description | | :------------- | :---------- | | 99.1 | Press release of the Company date October 2, 2025. | | 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | Signatures [Report Authorization](index=4&type=section&id=Report%20Authorization) This section confirms the official authorization and signing of the Form 8-K report by a duly authorized officer of Coursera, Inc. - The report was signed on behalf of Coursera, Inc. by **Alan B. Cardenas**, **Senior Vice President, General Counsel, and Secretary**[15](index=15&type=chunk)[17](index=17&type=chunk) - The signing date for the report was **October 2, 2025**[17](index=17&type=chunk)

Core Viewpoint - Coursera has announced a transition in its Chief Financial Officer (CFO) position, indicating a significant change in the company's financial leadership [1] Company Summary - The current CFO is stepping down, and the company is in the process of identifying a successor [1] - This transition may impact the company's financial strategy and operations moving forward [1] Industry Summary - The announcement reflects ongoing changes within the edtech sector, where leadership transitions can influence investor confidence and market positioning [1]

Company Overview - Coursera, Inc. is a leading global E-learning platform with over 168 million registered learners and partnerships with more than 350 universities and corporate partners, including Yale, Google, and the University of London [2] - The platform offers a range of educational products, including short courses, professional certificates, and full degrees, now consolidated under the Consumer segment for reporting clarity [2] Financial Performance - In Q2 2025, Coursera's Consumer segment generated $123 million in revenue, reflecting a 10% year-over-year growth, with 7.5 million new learners [3] - Gross margins improved to 61% due to favorable content agreements and localization strategies [3] - Enterprise revenue reached $64 million with a 70% margin, supported by various clients and engagement with AI-driven tools like Coursera Coach [3] - The company is debt-free, holding $775 million in cash and equivalents, with manageable liabilities [4] - Operating losses are narrowing, with a net loss of $7.8 million in Q2 2025, indicating improving unit economics and cost efficiencies [4] - Free cash flow accelerated to $29 million in Q2 2025, while stock-based compensation is declining, reducing dilution risks [4] Market Position and Growth Potential - The online learning market is large and growing, with corporate e-learning exceeding $100 billion globally [5] - Despite competition from platforms like Udemy and LinkedIn Learning, Coursera differentiates itself through university-backed content, global reach, and career-aligned offerings [5] - With improving margins, a debt-free balance sheet, and robust free cash flow, the company is well-positioned for profitability as AI adoption and enterprise expansion continue [6] Investment Thesis - The setup presents a disciplined, risk-adjusted opportunity for investors over the next 12–24 months, despite key risks such as pricing pressure and potential dilution [6] - The stock price has appreciated approximately 32% since previous coverage, with ongoing scaling and strengthening of AI initiatives [7] - Updated financials, segment consolidation, and rising free cash flow in 2025 support a bullish outlook for the company [7]

Group 1 - Coursera's stock has increased by 50% over the past six months due to a reacceleration of revenue growth in Q2 and an attractive valuation [1] - Ariel Sokol, with over twenty years of experience in corporate finance, has a background in strategy consulting and has held significant roles in education and finance sectors [1] Group 2 - Sokol founded Kolari Consulting, focusing on subscription and edtech businesses, and previously worked at Pearson in the Connections Education division [1] - Sokol has experience as a Wall Street equity research analyst covering education, software, and media companies [1]

Group 1 - Coursera's stock has increased by 50% over the past six months due to a reacceleration of revenue growth in Q2 and an attractive valuation [1] - Ariel Sokol has over twenty years of experience in corporate finance, focusing on subscription and edtech businesses, and has held significant roles in various companies including Pearson [1] Group 2 - The article does not provide any specific financial metrics or projections related to Coursera's future performance [1]

Group 1 - The webcast features a conversation with Coursera's new leadership, specifically CEO Greg Hart, who took on the role earlier this year [2] - The discussion aims to highlight the early changes and strategies implemented by the new CEO over the past two quarters [2] Group 2 - The event is hosted by Bryan Smilek, an analyst from JPMorgan, focusing on the Internet and Online Education sector [1] - The format of the webcast is listen-only, allowing for a focused discussion without interruptions [1]

Group 1 - The webcast features a conversation with Coursera's new leaders, including CEO Greg Hart, highlighting early changes made since his appointment [2] - The event is hosted by Bryan Smilek, an analyst from JPMorgan, focusing on the Internet and Online Education sector [1] Group 2 - Greg Hart discusses his decision to join Coursera and the strategic direction he aims to take the company [2]

Summary of Coursera's Recent Conference Call Company Overview - **Company**: Coursera - **Industry**: Online Education and Learning Platforms Key Points and Arguments Leadership Changes and Vision - **New Leadership**: Greg Hart joined as CEO in February 2023, focusing on accelerating growth through product innovation and addressing the skills needed in a rapidly changing global economy [2][6] - **Product Focus**: Patrick Suppes, the new Chief Product Officer, emphasizes the intersection of education and technology, aiming to build customer-focused technology products [3][4] Strategic Focus Areas - **Content Investment**: Coursera has historically underinvested in content but is now increasing investment to enhance the content engine, which is deemed essential for business growth [7][10] - **Go-to-Market Strategy**: The company aims to improve external marketing and customer retention, aligning marketing efforts with platform performance [8][10] Annual Conference - Connect - **Event Overview**: Connect is Coursera's annual event that gathers content creators, industry partners, and enterprise customers to discuss skills delivery and unveil new products [10][12] - **Feedback**: Positive feedback was received regarding new product announcements, including SkillTrack and improvements to CourseBuilder and Roleplay [10][12] Impact of AI on Education - **Generative AI**: The rapid adoption of AI technologies, such as ChatGPT, is reshaping job requirements and necessitating continuous learning [15][16] - **Skill Development**: Coursera is positioned to help individuals and businesses upskill and reskill in response to AI advancements, focusing on verifiable skills [16][17] New Partnerships and Content Strategy - **Anthropic Partnership**: The collaboration with Anthropic aims to enhance AI content offerings, with significant enrollment growth in GenAI courses [24][25] - **Content Personalization**: AI will enable more personalized learning experiences, allowing learners to start at appropriate skill levels and progress at their own pace [20][21] SkillTrack Launch - **SkillTrack Overview**: A new enterprise offering designed to align modular content with specific skills needed in the workplace, featuring interactive, AI-powered experiences [38][39] - **Verified Assessments**: SkillTrack includes assessments that validate the application of skills in realistic scenarios, enhancing employer confidence in credentialed learners [40][41] Growth Metrics and Future Outlook - **Performance Metrics**: Coursera tracks top-of-funnel metrics, conversion rates, retention, and average revenue per user (ARPU) to assess growth [44][45] - **Revenue Guidance**: The company increased its revenue guidance to $742 million and EBITDA margin to 8%, indicating confidence in future growth [51][52] Long-term Vision - **Future Expectations**: In three years, Coursera aims to be the leading platform for skill discovery, mastery, and verification, leveraging AI to create a more personalized and interactive learning experience [56][58] Additional Important Insights - **Customer-Centric Approach**: Emphasis on understanding learner needs and adapting offerings accordingly, including region-specific pricing and enhanced course previews [47][48] - **AI Integration**: Continuous investment in AI-driven products to improve course creation efficiency and learner engagement [27][30][36] This summary encapsulates the key discussions and strategic directions outlined during Coursera's recent conference call, highlighting the company's commitment to innovation and responsiveness to market demands.

Group 1: Company Overview - Coursera, Inc. (NYSE:COUR) is a California-based global provider of online educational services, founded in 2011, operating through three segments: Consumer, Enterprise, and Degrees [4] Group 2: Investment Potential - AlphaQuest LLC has increased its holdings in Coursera by 164.5% in the first quarter, acquiring 26,147 shares, bringing its total to 42,039 shares valued at $280,000 [1] - Coursera has surpassed 10 million total enrollees in its generative AI courses and certifications, indicating strong growth potential in this segment [2] - The company is leveraging AI to dub course content into various languages, aiming to capture international growth opportunities [3]

Core Insights - Coursera, Inc. has launched Skill Tracks, a new learning solution designed to guide learners from foundational knowledge to expert proficiency in specific occupations [1] - Skill Tracks is powered by Coursera's Career Graph, which utilizes millions of labor market data points, third-party competency frameworks, and a proprietary skills taxonomy [1] Company Overview - Coursera is a leading global online learning platform, indicating its significant position in the education technology industry [1] - The introduction of Skill Tracks reflects Coursera's commitment to providing data-driven educational solutions tailored to market needs [1] Product Details - Skill Tracks offers verified skill paths that are mapped to specific occupations, enhancing the relevance of the learning experience for users [1] - The solution aims to bridge the gap between foundational knowledge and expert proficiency, addressing the skills gap in the labor market [1]