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Coursera Q4 2025: 197M Learners, ~$197M Revenue, ~$27M in Losses
On Feb 5, 2026, Coursera released its Q4 2025 results. It was the first report since announcing the Udemy merger, which Dhawal Shah, Class Central founder, recently analyzed (in 5000+ words!).
Coursera’s stock barely moved after the announcement and is currently at ~$6, down 87% from its opening day price in 2021. Here’s a quick review of its last 2025 quarter.
More Users, Struggling Segments
Coursera’s Q4 revenue was ~$197M, up 10% YoY, but growth has been flat since Q2.
Consumer revenue saw
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Coursera Growth Stalls, Leadership Changes as Stock Hits All-Time Low
As growth falters, Coursera slashes revenue forecasts, ousts its Chief Revenue Officer and Chief Operating Officer, and suffers a record-low stock price.
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Learn Something New: 100 Most Popular Courses For November
Dive into new learning adventures—from GenAI to creative design—with fresh courses by top institutions such as MIT, Johns Hopkins, Penn, and tech giants like Intel and Adobe.
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Coursera Lays Off ~150 Staff After Udemy Merger
Coursera announced job cuts on July 6, eight weeks after its merger with Udemy closed. The company didn’t say how many people were affected. The only number it gave was a cost, $8 million to $11 million.
After digging around California’s website, I found that 59 people were laid off: 31 from Coursera’s Mountain View headquarters, and 28 from Udemy’s office in San Francisco. California only requires these notices for jobs in the state, so that isn’t the whole number.
Based on what the two compa
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