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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.
Revenue by Segment
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
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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