Coursera,(US:COUR)2025-07-24 20:12Financial Performance - Coursera reported Q2 2025 revenue of $187.1 million, a 10% increase year-over-year from $170.3 million[4] - Gross profit for Q2 2025 was $102.7 million, reflecting a 14% increase from $90.2 million in Q2 2024[4] - The net loss for Q2 2025 was $7.8 million, a significant improvement of 66% compared to a net loss of $22.9 million in Q2 2024[4] - Adjusted EBITDA for Q2 2025 was $18.0 million, a 73% increase from $10.4 million in Q2 2024[4] - Revenue for Q2 2025 was $187.1 million, a 9.9% increase from $170.3 million in Q2 2024[28] - Gross profit for Q2 2025 was $102.7 million, compared to $90.2 million in Q2 2024, reflecting a gross margin improvement[28] - Net loss for Q2 2025 was $7.8 million, significantly reduced from a net loss of $22.9 million in Q2 2024[28] - Adjusted EBITDA for Q2 2025 was $18.0 million, compared to $10.4 million in Q2 2024, reflecting a 73.1% increase[35] - Non-GAAP net income for Q2 2025 was $19.3 million, compared to $13.8 million in Q2 2024, representing a 39.9% increase[33] - The net loss margin improved to (4.2)% in Q2 2025 from (13.4)% in Q2 2024[35] - Non-GAAP net income per share—diluted increased to $0.12 in Q2 2025 from $0.09 in Q2 2024, a 33.3% increase[33] Cash Flow and Expenses - Free Cash Flow for the quarter was $28.6 million, up 68% from $17.0 million in the same quarter last year[5] - Operating expenses totaled $117.8 million in Q2 2025, down from $121.4 million in Q2 2024, indicating cost management efforts[28] - Cash and cash equivalents increased to $775.1 million as of June 30, 2025, up from $726.1 million at the end of 2024[30] - Net cash provided by operating activities was $69.0 million for the first half of 2025, compared to $48.3 million for the same period in 2024[31] - Free Cash Flow for the six months ended June 30, 2025, was $53.9 million, up from $35.1 million in the same period of 2024, indicating a 53.1% increase[35] - Net cash provided by operating activities for Q2 2025 was $35.5 million, compared to $23.9 million in Q2 2024, marking a 48.5% increase[35] - Stock-based compensation expense for Q2 2025 was $23.8 million, down from $30.0 million in Q2 2024, a reduction of 20.7%[35] - The company reported stock-based compensation expense of $48.0 million for the first half of 2025, down from $57.9 million in the same period of 2024[31] Growth Metrics - New registered learners increased to 7.5 million in Q2 2025, up from 6.6 million in Q2 2024[7] - Total registered learners reached 183 million as of June 30, 2025, an 18% increase from 155 million a year earlier[7] - Paid enterprise customers grew to 1,686, a 12% increase from 1,511 in the previous year[7] - Deferred revenue increased to $186.0 million as of June 30, 2025, up from $159.7 million at the end of 2024, indicating strong future revenue potential[30] Future Outlook - The company raised its full year 2025 revenue outlook by $17 million to a range of $738 to $746 million[5] - The company expects Q3 2025 revenue in the range of $188 to $192 million and an Adjusted EBITDA of $10 to $14 million[12] - The company continues to focus on expanding its market opportunity and enhancing its operational capabilities to drive long-term growth[27]