MergerApr 30, 2026, 05:12 PM
COUR to Merge with Udemy; New CEO & CFO Appointed; 2025 Revenue $757.5M
AI Summary
Coursera filed an amendment to its 10-K, providing detailed information on corporate governance, executive compensation, and leadership changes. Key updates include the appointment of Gregory M. Hart as President and CEO and Michael D. Foley as CFO in 2025. The company also announced a transformational merger with Udemy, Inc. on December 17, 2025, expected to unlock significant synergies. For fiscal year 2025, Coursera reported revenue of $757.5 million, up 9% year-over-year, and net cash provided by operating activities of $108.7 million, up 14% year-over-year.
Key Highlights
- COUR to merge with Udemy, Inc. in a transformational transaction (Dec 17, 2025).
- Gregory M. Hart appointed President and CEO effective February 3, 2025.
- Michael D. Foley appointed CFO effective November 17, 2025 (interim) and March 16, 2026 (permanent).
- 2025 Revenue $757.5M, up 9% YoY.
- 2025 Consumer Revenue $502.2M, up 10% YoY.
- 2025 Adjusted EBITDA $63.5M (8.4% margin).
- 2025 Net Cash from operations $108.7M, up 14% YoY.
- 2025 Free Cash Flow $78.5M, up 32% YoY.