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Mar 31, 2021
Coursera Q1 2021 Earnings Report
Coursera's first quarter performance reflected the continued trend of individuals and institutions embracing online learning.
Key Takeaways
Coursera's total revenue was $88.4 million, up 64% from $53.8 million a year ago. The company added 5 million new registered learners during the quarter for a total of 82 million.
Total revenue was $88.4 million, up 64% year over year.
Consumer revenue was $51.9 million, up 61% year over year.
Enterprise revenue was $24.5 million, up 63% year over year.
Degrees revenue was $12.0 million, up 81% year over year.
Coursera
Coursera
Coursera Revenue by Segment
Revenue by Segment
Consumer Revenue
CapyFin.comEnterprise Revenue
CapyFin.com Forward Guidance
Coursera provided revenue and adjusted EBITDA guidance for the second quarter and full year of fiscal year 2021.
Positive Outlook
- Second quarter revenue is expected to be in the range of $89 to $93 million.
- Full-year revenue is expected to be in the range of $369 to $381 million.
- New features include real-time, personalized content recommendations.
- Welcomed 10 new university partners, spanning the globe from the U.S. and Latin America to the Middle East and Asia.
- Launched 3 additional entry-level Professional Certificates from leading technology companies, including IBM and Salesforce.
Challenges Ahead
- Second quarter adjusted EBITDA is expected to be in the range of $(9.5) to $(12.5) million.
- Full-year adjusted EBITDA is expected to be in the range of $(45.5) to $(52.5) million.
- Actual results may differ materially from Coursera’s Financial Outlook
- Our ability to manage our growth
- the COVID-19 pandemic’s impact on our business and our industry
Revenue & Expenses
Visualization of income flow from segment revenue to net income