Coursera beats Q3 estimates but issues softer Q4 guidance

Why it matters

The Q4 revenue outlook was below analysts' expectations, shifting investor focus from the Q3 beat to weaker near-term demand and integration execution. Coursera's accelerated cost savings and planned Helix rollout may support longer-term operating leverage, but the company said Helix is being introduced in phases.

Key facts

• 1Coursera reported Q3 revenue of $376.7M, up 94% year over year. finance.yahoo.com
• 2Adjusted Q3 earnings were 21 cents per share, while the company reported a $25.6M loss, or 10 cents per share, on a GAAP basis. finance.yahoo.com
• 3Coursera guided to Q4 2026 revenue of $358M-$366M and full-year 2026 revenue of $1.23B-$1.24B. finance.yahoo.com
• 4Coursera repurchased 18.1M shares for $102M in Q3, bringing repurchases since May to over $215M under its $500M authorization. tradingview.com
• 5Management expects more than $150 million of annualized gross cost savings by year-end and said it remains on track for a $115 million annual run rate net synergy target. finance.yahoo.com
• 6Coursera is targeting broad enterprise availability for Project Helix in the first half of 2027. finance.yahoo.com

Open questions

• reports a 3% year-over-year Q3 revenue decline, conflicting with the 94% year-over-year increase reported by, and.
• reports Q3 net income of $57M, while reports a $25.6M loss, or 10 cents per share; the materials do not explain the basis for the difference.