Coursera, Inc. (COUR) intrinsic value & 10-year financials
Coursera, Inc. (COUR) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 8 fiscal years revenue grew 26.6% a year to $757.5M, with an average return on invested capital of 50.1%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $4.94
- Market cap
- $809.2M
- Revenue (FY2025)
- $757.5M
- Revenue growth (8-yr CAGR)
- 26.6%
- ROIC (10-yr avg)
- 50.1%
- Free cash flow (FY2025)
- $107.2M
COUR 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $757.5M | -$51.0M | -$0.31 | $107.2M | -10.2% | 55.5% |
| FY2024 | $694.7M | -$79.5M | -$0.51 | $93.8M | -16.3% | 136.6% |
| FY2023 | $635.8M | -$116.6M | -$0.77 | $28.5M | -22.9% | -85.8% |
| FY2022 | $523.8M | -$175.4M | -$1.21 | -$39.6M | -33.9% | -64.2% |
| FY2021 | $415.3M | -$145.2M | -$1.28 | $192.0K | -34.4% | 258.5% |
| FY2020 | $293.5M | -$66.8M | -$0.60 | -$18.1M | -22.7% | 23.5% |
| FY2019 | $184.4M | -$46.7M | — | -$25.7M | -26.2% | 26.5% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Coursera, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Coursera, Inc. returns on capital have been average, hovering around 11.4% ROIC over the decade.
Coursera, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Coursera, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-10.30 per share.