Coursera Provides Post-Merger 2026 Financial Outlook

Coursera, Inc. provided its post-merger financial outlook for 2026 following the completion of its combination with Udemy, Inc. on May 11, 2026. The company expects 2026 reported revenue between $1.21 billion and $1.24 billion, representing 60-64% year-over-year growth. On a normalized combined basis, 2026 revenue is projected to be $1.49 billion to $1.52 billion, a 4-2% year-over-year decline, reflecting near-term transactional headwinds. Coursera aims to achieve over $115 million in annual run-rate net synergies by the end of 2027, with at least $80 million expected by the end of 2026, leading to an FY 2026 Adjusted EBITDA Margin of 13% and a Q4 2026 Adjusted EBITDA Margin of 16%.