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Coursera Q1 2026: Platform Fee Raises Consumer Margins to a Multi-Year High, Enterprise Customers Slip
TL;DR
Q1 2026 revenue grew 9% YoY; Consumer segment is up double digits, but Enterprise segment is lagging.
The platform fee pushed Consumer margins to a multi-year high, but Enterprise customer count slipped for the first time since IPO.
Enterprise grew 7% YoY, ahead of management’s low single-digit guidance, with new GM Anthony Salcito leading execution improvements.
In the last earnings report, we flagged Coursera’s struggling segments. Not much has changed, except for one thing: the plat
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Udemy built its empire on a simple idea: anyone could create a course, and anyone could buy one. That marketplace model made Udemy famous and made millionaires out of its top instructors.
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