StockWatch
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Computer Software: Prepackaged Software
MergerApr 30, 2026, 05:17 PM

COUR: Udemy Merger Approved; Q1 Revenue +9.2% to $195.7M; Net Loss $(20.5)M

AI Summary

Coursera, Inc. announced that stockholders of both Coursera and Udemy, Inc. approved their proposed merger on April 9, 2026, which remains subject to regulatory approvals. For Q1 2026, Coursera reported a 9.2% increase in revenue to $195.7 million, but its net loss widened significantly to $(20.5) million from $(7.8) million in the prior year. Operating cash flow also saw a notable decrease.

Key Highlights

  • Stockholders of Coursera and Udemy approved the merger on April 9, 2026.
  • Revenue increased 9.2% to $195.7M for Q1 2026 from $179.3M in Q1 2025.
  • Net loss widened to $(20.5)M in Q1 2026 from $(7.8)M in Q1 2025.
  • Net loss per share was $(0.12) for Q1 2026, compared to $(0.05) in Q1 2025.
  • Net cash provided by operating activities decreased to $14.6M from $33.5M YoY.
  • Consumer segment revenue grew 10.1% to $129.5M; Enterprise segment revenue rose 7.3% to $66.2M.
  • US revenue increased 3.1% to $95.9M; EMEA revenue grew 10.4% to $47.9M.