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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.
Revenue by Segment
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
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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