Coursera Reports Q3 2026 Results Following Udemy Acquisition
Coursera (COUR) reported significant top-line growth in its third quarter of 2026, with revenue reaching $376.7 million—a 94% year-over-year increase driven largely by the acquisition of Udemy. Despite this reported surge, normalized revenue saw a decline due to softening consumer demand and SEO headwinds. The company achieved substantial margin expansion, with Adjusted EBITDA growing 294% year-over-year to $61.5 million as enterprise revenue margins improved to 81.3%. Management highlighted accelerated synergy realization from the Udemy merger, now expecting to hit a $115 million net synergy target within eight months rather than the initial 24-month estimate. However, challenges remain in the consumer segment and enterprise customer retention, with total enterprise customers declining 4%. Looking ahead, Coursera provided Q4 revenue guidance between $358 million and $366 million, reflecting expectations of flat enterprise growth and continued deceleration in the consumer sector.
Tickers: $COUR
Topics: Acquisition Integration Cost Savings EBITDA Margin Enterprise Revenue Revenue Growth