v3.26.1
Pay vs Performance Disclosure - USD ($)
1 Months Ended 11 Months Ended 12 Months Ended
Feb. 02, 2025
Dec. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pay vs Performance Disclosure              
Pay vs Performance Disclosure, Table    
The following table sets forth certain information with respect to Coursera’s financial performance and the compensation paid to our NEOs for the years ended December 31, 2025, 2024, 2023, 2022, and 2021.
Pay Versus Performance
Year
Summary Compensation Table Total for PEO Maggioncalda(1)
($)
Compensation Actually Paid to PEO Maggioncalda(1)(2)
($)
Summary Compensation Table Total for PEO Hart(1)
($)
Compensation Actually Paid to PEO Hart(1)(2)
($)
Average Summary Compensation Table Total for Non-PEO NEOs(1)
($)
Average Compensation Actually Paid to Non-PEO NEOs(1)(2)
($)
Value of Initial Fixed $100
Investment Based On:
Net Loss(5)
($)
Company-Selected Measure: Revenue(6)
($)
Total Stockholder Return(3)
($)
Peer Group Total Stockholder Return(4)
($)
20254,730,422 (4,464,697)39,387,371 36,134,649 2,451,998 1,679,721 16 161 (51,000,000)757,500,000 
2024660,000 (21,769,084)— — 4,633,313 (1,362,579)19 153 (79,530,000)694,670,000 
2023606,500 21,167,366 — — 1,147,123 6,956,342 43 122 (116,554,000)635,764,000 
202229,124,802 19,912,204 — — 8,187,427 3,364,720 26 77 (175,357,000)523,756,000 
20215,379,367 9,345,438 — — 3,236,448 7,133,735 54 120(145,215,000)415,287,000 
       
Company Selected Measure Name     Revenue (Company Selected Measure)        
Named Executive Officers, Footnote     The PEOs and NEOs included in the above table for each year were:
PEOs
non-PEO NEOs
2025
Jeffrey Maggioncalda and Greg Hart
Michael Foley, Kenneth Hahn, Alan Cardenas, and Marcelo Modica
2024
Jeffrey Maggioncalda
Kenneth Hahn, Alan Cardenas, Shravan Goli, and Marcelo Modica
2023Jeffrey Maggioncalda
Kenneth Hahn, Leah Belsky, Shravan Goli, and Alan Cardenas
2022Jeffrey Maggioncalda
Kenneth Hahn, Leah Belsky, Shravan Goli, and Richard Jacquet
2021Jeffrey Maggioncalda
Kenneth Hahn and Leah Belsky
Mr. Maggioncalda served as our President, CEO, director, and our principal executive officer (“PEO”), for the entirety of 2021, 2022, 2023, and 2024, as well as through February 3, 2025. Mr. Hart served as our President, CEO, director, and PEO since February 3, 2025.
       
Peer Group Issuers, Footnote     The Total Stockholder Return (“TSR”) Peer Group consists of the S&P North American Technology Software Index, an independently prepared index. The amount for 2021 in this column has been corrected from the disclosure contained in our 2023 definitive proxy statement.        
PEO Total Compensation Amount       $ 660,000 $ 606,500 $ 29,124,802 $ 5,379,367
PEO Actually Paid Compensation Amount       (21,769,084) 21,167,366 19,912,204 9,345,438
Adjustment To PEO Compensation, Footnote     Represents the amount of “compensation actually paid” to our PEOs and our non-PEO NEOs, as computed in accordance with Item 402(v). The amounts do not reflect the actual amount of compensation earned by or paid by each person during the applicable year. Rather, in accordance with the requirements of Item 402(v), the following adjustments were made to each individual’s total compensation for 2025 to determine the compensation actually paid; for information on the calculation of “compensation actually paid” for 2024, 2023, 2022, and 2021 please see the “pay versus performance” disclosure in our 2024, 2023 and 2022 definitive proxy statements filed with the SEC:
PEO Maggioncalda: 2025
($)
PEO Hart: 2025
($)
NEO: 2025
($)
Summary Compensation Table - Total Compensation4,730,422 39,387,371 2,451,998 
Grant Date Fair Value of Stock Awards and Option Awards Granted in Fiscal Year*(4,045,422)(38,273,570)(1,808,420)
+
Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards and Option Awards Granted in Fiscal Year*— 35,020,848 1,027,083 
+
Year-over-Year Change in Fair Value of Outstanding and Unvested Stock Awards and Option Awards Granted in Prior Fiscal Years*— — (436,142)
+
Fair Value at Vesting of Stock Awards and Option Awards Granted in Fiscal Year that Vested During Fiscal Year*— — 216,534 
+
Year-over-Year Change in Fair Value as of Vesting Date of Stock Awards and Option Awards Granted in Prior Fiscal Years for Which Applicable Vesting Conditions Were Satisfied During Fiscal Year*616,840 — 228,667 
PEO Maggioncalda: 2025
($)
PEO Hart: 2025
($)
NEO: 2025
($)
Fair Value as of Prior Year-End of Stock Awards and Option Awards Granted in Prior Years that Failed to Meet Applicable Vesting Conditions During Fiscal Year*(5,766,537)— — 
=
Compensation Actually Paid for Fiscal Year(4,464,697)36,134,649 1,679,721 
*    Equity values are calculated in accordance with ASC 718, and the valuation methodology used to calculate fair values did not materially differ from those disclosed at the time of grant.
       
Non-PEO NEO Average Total Compensation Amount     $ 2,451,998 4,633,313 1,147,123 8,187,427 3,236,448
Non-PEO NEO Average Compensation Actually Paid Amount     $ 1,679,721 (1,362,579) 6,956,342 3,364,720 7,133,735
Adjustment to Non-PEO NEO Compensation Footnote     Represents the amount of “compensation actually paid” to our PEOs and our non-PEO NEOs, as computed in accordance with Item 402(v). The amounts do not reflect the actual amount of compensation earned by or paid by each person during the applicable year. Rather, in accordance with the requirements of Item 402(v), the following adjustments were made to each individual’s total compensation for 2025 to determine the compensation actually paid; for information on the calculation of “compensation actually paid” for 2024, 2023, 2022, and 2021 please see the “pay versus performance” disclosure in our 2024, 2023 and 2022 definitive proxy statements filed with the SEC:
PEO Maggioncalda: 2025
($)
PEO Hart: 2025
($)
NEO: 2025
($)
Summary Compensation Table - Total Compensation4,730,422 39,387,371 2,451,998 
Grant Date Fair Value of Stock Awards and Option Awards Granted in Fiscal Year*(4,045,422)(38,273,570)(1,808,420)
+
Fair Value at Fiscal Year-End of Outstanding and Unvested Stock Awards and Option Awards Granted in Fiscal Year*— 35,020,848 1,027,083 
+
Year-over-Year Change in Fair Value of Outstanding and Unvested Stock Awards and Option Awards Granted in Prior Fiscal Years*— — (436,142)
+
Fair Value at Vesting of Stock Awards and Option Awards Granted in Fiscal Year that Vested During Fiscal Year*— — 216,534 
+
Year-over-Year Change in Fair Value as of Vesting Date of Stock Awards and Option Awards Granted in Prior Fiscal Years for Which Applicable Vesting Conditions Were Satisfied During Fiscal Year*616,840 — 228,667 
PEO Maggioncalda: 2025
($)
PEO Hart: 2025
($)
NEO: 2025
($)
Fair Value as of Prior Year-End of Stock Awards and Option Awards Granted in Prior Years that Failed to Meet Applicable Vesting Conditions During Fiscal Year*(5,766,537)— — 
=
Compensation Actually Paid for Fiscal Year(4,464,697)36,134,649 1,679,721 
*    Equity values are calculated in accordance with ASC 718, and the valuation methodology used to calculate fair values did not materially differ from those disclosed at the time of grant.
       
Compensation Actually Paid vs. Total Shareholder Return    
The following graphs show the relationship of compensation actually paid, as calculated under the SEC rules, to our PEO and non-PEO NEOs for 2025, 2024, 2023, 2022, and 2021 to (1) the total stockholder return for Coursera and for the S&P North American Technology Software Index, (2) our net loss, and (3) our revenue.
5825
       
Compensation Actually Paid vs. Net Income    
5827
       
Compensation Actually Paid vs. Company Selected Measure    
5829
       
Total Shareholder Return Vs Peer Group    
The following graphs show the relationship of compensation actually paid, as calculated under the SEC rules, to our PEO and non-PEO NEOs for 2025, 2024, 2023, 2022, and 2021 to (1) the total stockholder return for Coursera and for the S&P North American Technology Software Index, (2) our net loss, and (3) our revenue.
5825
       
Tabular List, Table    
As described in greater detail in our Compensation Discussion and Analysis, our executive compensation program reflects a variable pay-for-performance philosophy. The following list presents the corporate performance measures that Coursera considers to have been the most important measures used to link the compensation actually paid to our NEOs, for 2025, to Coursera’s performance (each as defined and described in the “Compensation Discussion and Analysis” section above):
Revenue (Company Selected Measure)
Consumer Revenue
Adjusted EBITDA*
Enterprise ACV*
*    See Appendix A for the definition of Adjusted EBITDA and the reconciliation of this non-GAAP financial measure to its comparable GAAP measure. Enterprise ACV is a non-GAAP financial measure for which there is no comparable GAAP measure. Non-GAAP financial measures should not be considered in isolation from, or as an alternative to, their comparable GAAP measures.
       
Total Shareholder Return Amount     $ 16 19 43 26 54
Peer Group Total Shareholder Return Amount     161 153 122 77 120
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest     $ (51,000,000) $ (79,530,000) $ (116,554,000) $ (175,357,000) $ (145,215,000)
Company Selected Measure Amount     757,500,000 694,670,000 635,764,000 523,756,000 415,287,000
Additional 402(v) Disclosure     In accordance with Item 402(v), the comparison assumes $100 was invested in our common stock as of the close of the day of our IPO on March 31, 2021. Historic stock price performance is not necessarily indicative of future stock price performance.Net loss amounts reported on a GAAP basis.As noted in our Compensation Discussion and Analysis, for 2025, our HRC Committee determined that revenue continues to be viewed as a key indicator of our business performance and aligned with the creation of stockholder value.        
Measure:: 1              
Pay vs Performance Disclosure              
Name     Revenue (Company Selected Measure)        
Measure:: 2              
Pay vs Performance Disclosure              
Name     Consumer Revenue        
Measure:: 3              
Pay vs Performance Disclosure              
Name     Adjusted EBITDA*        
Measure:: 4              
Pay vs Performance Disclosure              
Name     Enterprise ACV*        
Jeffrey Maggioncalda [Member]              
Pay vs Performance Disclosure              
PEO Total Compensation Amount     $ 4,730,422        
PEO Actually Paid Compensation Amount     (4,464,697)        
PEO Name Mr. Maggioncalda            
Greg Hart [Member]              
Pay vs Performance Disclosure              
PEO Total Compensation Amount     39,387,371        
PEO Actually Paid Compensation Amount     36,134,649        
PEO Name   Mr. Hart          
PEO | Jeffrey Maggioncalda [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     (4,045,422)        
PEO | Jeffrey Maggioncalda [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     0        
PEO | Jeffrey Maggioncalda [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     0        
PEO | Jeffrey Maggioncalda [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     0        
PEO | Jeffrey Maggioncalda [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     616,840        
PEO | Jeffrey Maggioncalda [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     (5,766,537)        
PEO | Greg Hart [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     (38,273,570)        
PEO | Greg Hart [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     35,020,848        
PEO | Greg Hart [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     0        
PEO | Greg Hart [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     0        
PEO | Greg Hart [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     0        
PEO | Greg Hart [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     0        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     (1,808,420)        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     1,027,083        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     (436,142)        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     216,534        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     228,667        
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount     $ 0