Coursera's second quarter revenue surged 60% to $299M, leading to a raised full-year 2026 outlook.

Coursera reported second quarter results that topped analyst estimates, reflecting the first full quarter contribution from its merger with Udemy. The company raised its full-year revenue and profitability guidance, citing accelerated progress on integration synergies.

Key Highlights

• Revenue for the quarter increased 60% year-over-year to $298.6 million, driven by the inclusion of Udemy's operating results post-acquisition.
• Adjusted EBITDA was $42.7 million, representing a 14.3% margin, a 470 basis point improvement from the prior year and significantly beating the $14.0 million estimate.
• The company raised its full-year 2026 revenue outlook to a range of $1.220 billion to $1.245 billion and increased its Adjusted EBITDA Margin target to approximately 14%.
• Coursera announced a $100 million strategic investment in LearnVector, a new AI-native learning company founded by co-founder Andrew Ng, to accelerate its AI strategy.
• Integration of the Udemy merger is progressing ahead of schedule, with expected annual run-rate net synergies increased to at least $85 million by the end of 2026.