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The Business of Online Education: A Deep Dive Into Thinkific’s Financials
From IPO success to stabilization efforts, explore the journey of Thinkific, an ecommerce platform for online course creators, as they navigate growth, setbacks, and strive for profitability.
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Coursera Q4 2025: 197M Learners, ~$197M Revenue, ~$27M in Losses
On Feb 5, 2026, Coursera released its Q4 2025 results. It was the first report since announcing the Udemy merger, which Dhawal Shah, Class Central founder, recently analyzed (in 5000+ words!).
Coursera’s stock barely moved after the announcement and is currently at ~$6, down 87% from its opening day price in 2021. Here’s a quick review of its last 2025 quarter.
More Users, Struggling Segments
Coursera’s Q4 revenue was ~$197M, up 10% YoY, but growth has been flat since Q2.
Consumer revenue saw
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600+ Courses from Top Med Schools with Free Certificate & CME Credit
Free certificate courses from Johns Hopkins, Stanford, Brown, and other top universities and med schools.
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Coursera, Udemy, and the $10M+ Video Privacy Battle: Class Action Update
Discover the costly legal fallout and class action developments for these online learning giants as they grapple with alleged video privacy violations.
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