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Jun 30, 2022
Coursera Q2 2022 Earnings Report
Coursera's Q2 2022 financial results were announced, with revenue increasing by 22% year-over-year and enterprise revenue growing by 55% year-over-year.
Key Takeaways
Coursera reported a 22% year-over-year increase in total revenue, reaching $124.8 million in Q2 2022. The company's Enterprise segment showed strong growth, with a 55% increase in revenue. However, the company's net loss was $(49.3) million, compared to $(46.4) million a year ago.
Total revenue was $124.8 million, up 22% year-over-year.
Enterprise revenue increased by 55% year-over-year.
The company added 5 million new registered learners during the quarter.
Free cash flow was $(3.2) million, compared to $(8.5) million a year ago.
Coursera
Coursera
Coursera Revenue by Segment
Revenue by Segment
Consumer Revenue
CapyFin.comEnterprise Revenue
CapyFin.com Forward Guidance
Coursera provided financial outlook for the third quarter and full year 2022.
Positive Outlook
- Revenue in the range of $126 to $130 million for Q3 2022
- Adjusted EBITDA in the range of $(10.5) to $(13.5) million for Q3 2022
- Revenue in the range of $509 to $515 million for full year 2022
- Adjusted EBITDA in the range of $(42.5) to $(48.5) million for full year 2022
- Launched Career Academy for institutions
Challenges Ahead
- Actual results may differ materially from Coursera’s Financial Outlook
- Uncertainty regarding expenses that may be incurred in the future
- Stock-based compensation expense-related charges are difficult to predict
- Impacted by the timing of employee stock transactions
- Impacted by the future fair market value of our common stock
Revenue & Expenses
Visualization of income flow from segment revenue to net income