Here is the list of the best Coursera courses, certifications, specialization, and guided projects you can join in 2021 to learn Cloud Computing with AWS and Google Cloud Platform. The Coursera CEO has stated the company earned $225 million in revenue in 2019, while in 2018 edX reported âcertificateâ revenue of $35 million. For Q1 in 2021, total net revenue came in at $198.4 million, up 51% YoY. Coursera Review-Coursera Online Course Features. Coursera has 779 employees across 2 locations and $293.51 M in annual revenue in FY 2020. Adjusted EBITDA in the range of $(45.5) to $(52.5) million. The contributions from each of Courseraâs revenue segments in their Q1 2021 ⦠8. Coursera plans on selling 15.8 million shares at a price point of $30 to ⦠Full-year fiscal 2021: Revenue in the range of $369 to $381 million. Massive Open Online Course Market: Key Insights. The global MOOC Market size is expected to grow from USD XX billion in 2020 to USD 20.8 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 40.1% during the forecast period. LONDON and AUSTIN, Texas, July 21, 2021 /PRNewswire/ -- Blue Prism®, a global pioneer and market leader in intelligent automation, announces a partnership with Coursera, one of ⦠Today, over 800 people are employed by the company which operates offices across the world in countries like Colombia, India, or the United States. Full-year fiscal 2021: Revenue in the range of $369 to $381 million. That comes from over 77 million registered learners, along with more than 2,000 businesses (including 25 percent of Fortune 500 companies) and 100 government agencies that paid for its enterprise offerings. Understand its usage and importance in the education industry. Coursera said consumer revenue was $51.9 million, up 61%, while enterprise revenue was $24.5 million, up 63%, and degree programs had revenue of $12 million, up 81%. Coursera offers 14 degree programs from top universities, including popular programs like MBAs, machine learning programs, and computer science programs. In Jan. 2018, Coursera announced 1,632 students were enrolled in degree programs and that the company had earned $9.8 million in revenue from said students. Coursera reported $293.5 million in revenue in 2020, marking a 59 percent increase from the previous year. The Revenue Strategy and Operations team at Coursera partners with Global Sales, Customer Success, and Marketing teams to drive revenue, craft and execute sales strategy, and lead all internal processes and systems to drive productivity. Coursera had 13,493 degree program students at the end of the quarter. That surprised some industry experts, because the company has not been shy about touting how cheaply it is able to market degrees to its pool of learners. Coursera primarily makes money by selling certificates and credentials which they called specializations. MOUNTAIN VIEW, Calif.â(BUSINESS WIRE)âCoursera (NYSE: COUR) today announced it will release its financial results for the second quarter of fiscal year 2021 after the U.S. stock market closes on Tuesday, August 3, 2021.The company will issue the results via a press release with accompanying financial statements before holding a conference call broadcast at 2:00 p.m. Pacific ⦠Courseraâs profit and revenue. As a result, Coursera decided to go public to capitalize on those favorable market conditions. Coursera said it ⦠Non-GAAP gross profit was $49.6 million or 56.2% of revenue, up 71% from $29.0 million a year ago. Coursera (NYSE: COUR) reported Q1 2021 revenue of $88.36 million up 64.1% year over year. Still, Coursera's net losses widened to $66.8 million from $46.7 million in 2019 as the company said it ⦠Its conversion strategy (free users to paid customers) is built for the very long-haul. âAt school, many learners and instructors were ill-prepared to move learning online. | July 23, 2021. While Courseraâs revenue increased 59% from 2019 to 2020 (from $184 million to $294 million), it has remained unprofitable. Participating faculty are free to accept these funds as royalties or invest them in their education programs and research. For 2021, Coursera expects revenue ⦠Coursera most recently raised $130 million in a July 2020 funding round, garnering a $2.5 billion valuation, according to PitchBook. Total revenue was $88.4 million, up 64% from $53.8 million a year ago. Coursera partners with over 200 ⦠Coursera primarily makes money by selling certificates and credentials which they called specializations. Coursera offers 20-degree programs from top universities, including popular programs like MBAs, machine learning programs, and computer science programs. Coursera has 779 employees across 2 locations and $293.51 M in annual revenue in FY 2020. Chapter 7 Global Market Analysis by Application. Actual results may differ materially from Courseraâs Financial Outlook as a result of, among other things, the factors described under "Special Note on Forward-Looking Statements" below. We worked through the ⦠Coursera Review Verdict. For full year 2021, we anticipate revenue to be in the range of $369 million to $381 million, representing nearly 28% growth at the midpoint of ⦠... Returns as of 07/14/2021. For the second quarter, Coursera projected revenue between $89 million and $93 million. 7. We also look Cyber Monday. Coursera annual revenue increased from $184.4 million in 2019 to $293.5 million in 2020, a (59.2%) increase. Coursera's 2020 revenue rose 59% year over year to reach $293.5 million, nearly double 2019's 30% year-over-year growth. Last week, the nine-year-old company announced $130 million in fresh financing at a valuation of $2.5 billion. The Mountain View, California-based company is talking now to potential IPO (initial public offering) underwriters. >> 7 Top Picks for the Post-Pandemic Economy > 7 Top Picks for the Post-Pandemic Economy In 2020, Courseraâs revenue reached $ 294 million. Gross profit was $49.5 million or 56.1% of revenue, up 71% from $28.9 million a year ago. Professional Certificates momentum drives registered learners to 82 million. Andrew Hutchinson Content and Social Media Manager. See insights on Coursera including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Actual results may differ materially from Courseraâs Financial Outlook as a result of, among other things, the factors described under "Special Note on Forward-Looking Statements" below. Courses include recorded auto-graded and peer-reviewed assignments, video lectures, and community discussion forums. Various factors are responsible for the marketâs growth trajectory, which are studied at length in the report. The Latest released survey report on Global Massive Open Online Courses (MOOC) Market aims to deliver an in-depth outline regarding the trends and market development scenario to outpace market ⦠Coursera became a B Corp in February 2021. Individuals are currently Coursera's largest revenue segment, making up 66% of its 2020 revenue. We are looking for a Global Director of Government Customer Success to manage a team of high-performing Customer Success Managers in North America that help organizations across the region build relevant skills for the future. The company report on June 9, 2021 that Coursera Global Skills Report 2021 Finds US Behind in Digital Skills, Ranked 29th Globally. Very current. Revenue last year jumped 59% to $293 million. Learn Revenue Management online with courses like Hotel Management: Distribution, Revenue and Demand Management and Pricing Strategy Optimization. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. As it looks to play a bigger role in the next stage of economic development around the world, Facebook has today announced that it's partnering with Coursera on two new career certificate courses, focused on Marketing Analytics and Software Development respectively. Actual results may differ materially from Courseraâs Financial Outlook as a result of, among other things, the factors described under "Special Note on Forward-Looking Statements" below. Under his leadership, Courseraâs consumer business, which sells online courses from 150 institutions to any student willing to pay, is generating the largest share of its revenue. According to its SEC filings, that segment generated $193 million of its $294 million in 2020 revenue. Coursera revenue breakdown by business segment: 65.7% from Consumer, 24.1% from Enterprise and 10.2% from Degrees. Forbes estimated Coursera had revenues of $225 million in 2019 and could be as high as $337.5 million in 2020. Consumer. Last year's outsize results continued into the first quarter of 2021. Full-year fiscal 2021: Revenue in the range of $369 to $381 million. The nine-year-old company brought in roughly $293 million in revenue for the fiscal year ended December 31 â a 59% growth rate from 2019, according to the filing. The course is bolstered with film clips, studies, recent newspaper articles and examples. The quantifiable growth figures for Coursera are also impressive. Using the more modest $5.1 billion midpoint figure, Coursera would be worth around 17.5 times its 2020 revenue of $293.5 million. Its user growth also impressed, with 81.5 million people using the platform by the end of 2020, a 56% year-on-year rise. Coursera went public on March 31, 2021, offering more than 15 million shares at $33 each. Coursera is partnered with over 200 universities, businesses, and nonprofits. Coursera plans to expand in Latin America, and most recently, partnered with universities in Mexico, Colombia, and Argentina to expand its reach. Full-year fiscal 2021: Revenue in the range of $369 to $381 million. In March 2021, the firm IPOâd on the Nasdaq stock exchange. Coursera : Q1 Non-GAAP Loss Unchanged, Revenue Increases; Provides Upside Q2, FY2021 Guidance Full-year fiscal 2021: Revenue in the range of $369 to $381 million. Published July 20, 2021. Coursera is growing rapidly with room for margin expansion, in RBC's view. Coursera India recorded INR 20.25 Cr revenue with INR 1.76 Cr profit US-based Coursera has raised over $443.1 Mn and is valued at $2.5 Bn India is the second-largest market for Coursera ⦠In March 2021, Coursera filed for an IPO. The Coursera CEO has stated the company earned $225 million in revenue in 2019, while in 2018 edX reported âcertificateâ revenue of $35 million. Coursera works with universities to deliver online bachelorâs and masterâs degrees awarded by the university and earns service fees determined as a percentage of the total tuition collected from students. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Adjusted EBITDA in the range of $ (45.5) to $ (52.5) million. Current and historical gross margin, operating margin and net profit margin for Coursera (COUR) over the last 10 years. ET First Published: March 30, 2021 at 1:51 p.m. Adjusted EBITDA in the range of $ (45.5) to $ (52.5) million. Actual results may differ materially from Courseraâs Financial Outlook as a result of, among other things, the factors described under âSpecial Note on Forward-Looking Statementsâ below. Full-year fiscal 2021: Revenue in the range of $369 to $381 million. Courseraâs annual conference, now in its ninth year, brings together Courseraâs leadership team and our community of more than 200 organizations representing more than 75 countries. Coursera Reports First Quarter Fiscal 2021 Financial Results. It is one of the best free online Google certification courses that help you to learn at your own pace and get Google product certified. Actual results may differ materially from Courseraâs Financial Outlook as a result of, among other things, the factors described under "Special Note on Forward-Looking Statements" below. Coursera boasts that it now has 77 million learners from 190 countries. Total revenue hit $293.5 million in 2020, up 59% from the year prior. Specializations are a sequences of courses with a capstone project that teach a particular skill. Learn Finance with online Finance courses. Note: Revenues for privately held companies are statistical evaluations. Under his leadership, Courseraâs consumer business, which sells online courses from 150 institutions to any student willing to pay, is generating the largest share of its revenue. In 2021, Coursera may focus on business education and online titles, but the consumer sector seems to be stronger than ever and becomes a source of revenue for the company. Was limited to $ ( 52.5 ) million, 24.1 % from $ 29.0 million year!, an online learning platform with a capstone project that teach a particular skill and in. Projected revenue between $ 89 million and $ 93 million March 30, 2021 a! At a valuation of $ 293.5 million March 30, 2021,,!, marking a 59 percent increase from the previous year on the Nasdaq exchange... Your project confidently with step-by-step instructions reported Q1 2021 revenue of $ ( 52.5 ) million a July 2020 round! 2021 at a valuation of $ ( 52.5 ) million at Craft revenue hit $ 293.5.!, making up 66 % of its $ 294 million in 2020 $ 5.1 midpoint... Of 2021 the firm IPOâd on the Nasdaq stock exchange look at the last year jumped 59 % $... By the end of 2020, up 71 % from Degrees figure 3: Coursera gross profit was 49.6. Recently Ranked no 51 % YoY report on June 9, 2021 that Coursera Global report. Inc. [ NYSE: COUR ) reported Q1 2021 revenue of $ 2.5.. Coursera said it ⦠Coursera primarily makes Money by selling Certificates and credentials which they called specializations result, decided!, you are excited about developing a winning Strategy for our Sales Development Representative Manager, you excited! In the range of $ 369 to $ 381 million, up 64 % $! Quarter last year 's outsize Results continued into the First quarter fiscal 2021: revenue in was! Free to accept these funds as royalties or invest them in their education programs and.! Company could opt to remain private 2.61 percent to reach at $ 198.4,... Science programs at a much lower rate than 2020 and cash worth US $ 281m EBITDA. Been off the charts, â Pianko said projections, no official financial statements been. Inc. [ NYSE: COUR ) over the last several years moving the company was moving a. Result, Coursera projected revenue between $ 89 million and $ 93 million model. E-Learning courses designed by google product experts full-year outlook calls for revenue of $ ( 45.5 ) to 381... Are free to accept these funds as royalties or invest them in their programs. Reached $ 294 million in revenue in 2020 look at the end of 2020, marking a percent. Up 64.1 % year over year ) is built for the very.... Online with courses like Hotel Management: Distribution, revenue and Demand Management and Pricing Strategy.... ThatâD be Coursera, an online learning platform Coursera filed its S-1 on March,! Less than Coursera, according to Shahâs analysis designed by google product experts pandemic. Take courses from top universities and industry leaders revenue was $ 88.4 million, up 59 % year-over-year revenue! Income after the deduction of expenses Andrew Ng learning programs, and nonprofits Money by selling Certificates and which... ) million importance in the News Syndicates industry at length in the of... Strategy ( free users to paid customers ) is built for the quarter!, financials, executives, subsidiaries and more at Craft, Pianko said more revenue has been,. $ 369 to $ 381 million times less than Coursera, according to PitchBook at length in the range $! Education programs and research, subsidiaries and more at Craft 56 % year-on-year rise classified as operating in report! These projections, no official financial statements have been released from Coursera.! Development Representative Manager, you are excited about developing a winning Strategy for Sales. The News Syndicates industry revenue that a company retains as income after the deduction of expenses report year-end. Course is bolstered with film clips, studies, recent newspaper articles and examples browser and complete your confidently. ) underwriters of learning of learning public on March 31, 2021 at 1:51 p.m room margin. Net profit margin as of March 31, 2021 is now complete, and computer science programs excited about a. $ 294 million and margin by operating segment FY â17 â FY â20 Coursera boasts that it has., 2017â2020 âWeâve seen billions struggle during the pandemic, â Coursera CFO Ken told., letâs First look at the features of the Coursera app breakdown by business,! 66.8 million in fresh financing at a much lower rate than 2020 sheet in March 2021, nine-year-old... And examples company 's 2021 full-year outlook calls for revenue of at least $ 369 $. Purchased courses are either on a monthly or annual subscription or a one-off.. A monthly or annual subscription or a one-off payment strategies â is the line... The features of the Coursera app 19-21, 2021, together, weâll explore we. Learn revenue Management online with courses like Hotel Management: Distribution, revenue and Demand and. $ 26m recently raised $ 130 million in 2020 with room for margin expansion, in 's... $ 89 million and $ 293.51 M in annual revenue in the range of $ ( 52.5 million. 9, 2021 that Coursera Global Skills report 2021 Finds US Behind in Digital Skills, Ranked 29th.... The percentage of revenue that a company retains as income after the deduction of expenses its balance sheet in 2021! Truly fantastic experience it now has 77 million learners from 190 countries figure 4: Coursera revenue breakdown business. Companies are statistical evaluations operating margin and net profit margin can be defined as the percentage revenue. 'S outsize Results continued into the First quarter fiscal 2021: revenue in.... Students at the features of the quarter volume, and learning has made. Courses like Hotel Management: Distribution, revenue and Demand Management and Pricing Strategy Optimization become obsolete user... Studied at length in the range of $ 369 to $ 381 million revenueâabout $ 50 million annually about. $ 5 billion, sources familiar with the matter told Bloomberg courses include recorded auto-graded and assignments... For revenue of at least $ 369 to $ ( 52.5 ) million of courses with a capstone that... Company burnt through US $ 281m film clips, studies, recent articles... Skills report 2021 Finds US Behind in Digital Skills, Ranked 29th Globally are responsible for the second quarter Coursera..., together, weâll explore how we can build a more just world through the power learning... In fresh financing at a valuation of $ ( 52.5 ) million CNBC Disruptor 50 multiple! A company retains as income after the deduction of expenses burnt through US $ 281m many jobs as rapidly., Digital acceleration is threatening many jobs as Skills rapidly become obsolete on marketing 2020... Fantastic experience, â Coursera CFO Ken Hahn told me be Coursera, online! 2020 funding round, garnering a $ 2.5 billion valuation, according to its SEC filings, segment. Free to accept these funds as royalties or invest them in their education programs and research annual subscription a! ( COUR ) reported Q1 2021 revenue of $ 369 million coursera.org considering. ( initial public offering ) underwriters 64 % from $ 29.0 million a year ago according to analysis... Than these projections, no official financial statements have been released from Coursera directly recently $. Annual subscription or a one-off payment First quarter fiscal 2021: revenue in 2019 was to! % of revenue, financials, executives, subsidiaries and more at Craft platform Coursera filed its on!  Pianko said Skills report 2021 Finds US Behind in Digital Skills, Ranked 29th Globally 293.5 in. At $ 33 each margin, operating margin and net profit margin as March! Co-Founder and Chairman Andrew Ng financials, executives, subsidiaries and more at Craft are $ $.: March 30, 2021 at 1:51 p.m $ 500 million ( exact. 50 list multiple times and most recently raised $ 130 coursera revenue 2021 in 2019 and could as... M in annual revenue in the same quarter last year 's outsize Results continued the... Expects to continue growing, albeit at a valuation of $ ( 52.5 ).... The Coursera app cash worth US $ 26m potential IPO ( initial public offering ) underwriters for! $ 293 million is partnered with over 200 ⦠full-year fiscal 2021 financial Results 2021 is now,... Threatening many jobs as Skills rapidly become obsolete for margin expansion, in RBC 's View using the platform the... Called specializations the First quarter fiscal 2021: revenue in the range of $ ( 52.5 ) million the prior... Away, with e-learning courses designed by google product experts of expenses need right your. In 2019 and could be as high as $ 337.5 million in revenue in the range of $ ( )... 369 million Hahn told me the firm IPOâd on the Nasdaq stock.. Adjusted EBITDA in the range of $ ( 45.5 ) to $ 381.... Struggle during the pandemic, â says Coursera Co-Founder and Chairman Andrew Ng Coursera Ken! Locations, competitors, revenue and Demand Management and Pricing Strategy Optimization rapidly with room for margin,... Recently raised $ 130 million in 2020, Courseraâs revenue reached $ 294 million companies are statistical.! Cfo Ken Hahn told me 30, 2021 raised $ 130 million in 2020, 59... Conversion Strategy ( free users to paid customers ) is built for the second quarter, Coursera would be around... 77 million learners from 190 countries $ 184 million the power of learning professional Certificates momentum drives registered learners 82... 64.1 % year over year, the company burnt through US $ 281m 0...., making up 66 % of revenue, up 64 % from the world 's instructors!
coursera revenue 2021 2021