COUR — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-05

• •our ability to integrate with and realize, if at all, the expected benefits of our Merger with Udemy;

• •our ability to react to changes in government procurement, funding, spending or staffing policies, budget priorities or agency organization and resulting effects on customers, content development, platform use and revenue;

• •our ability to address cybersecurity attacks, security breaches and other security incidents, unauthorized access to or disclosure of personal, confidential or sensitive information; and resulting platform disruption, regulatory, litigation, remediation-cost and reputational effects;

• •our ability to fulfill repurchases under our share repurchase program and the effects of repurchases on our stock price, cash reserves, and long-term stockholder value;

• We partner with over 100,000 instructors, encompassing expert practitioners and more than 400 university and industry partners, to develop and distribute educational content that is modular, flexible, and affordable.

Text removed vs the prior filing · source: 10-Q · 2026-04-30

• •the expected timing and benefits of our proposed merger with Udemy, Inc. (“Udemy”);

• •our plan to expand access for our AI-powered translations, Coach, Role Play, and Course Builder;

• We partner with over 375 content creators, including universities and industry organizations, to develop and distribute educational content that is modular, flexible, and affordable. As of March 31, 2026, the platform had approximately 205 million cumulative Registered Learners.

• Coursera serves individual learners and institutional customers through two operating segments: Consumer and Enterprise. The Consumer segment focuses on attracting learners via branded content, institutional partnerships, and digital marketing, supported by personalized discovery and localized recom…

• On December 17, 2025, Coursera and Udemy, Inc. entered into a definitive merger agreement (the “Merger Agreement”) pursuant to which Coursera will combine with Udemy in an all-stock transaction (the “Merger”). Under the terms of the Merger Agreement, each issued and outstanding share of Udemy common…

Text added vs the prior filing · source: 10-Q · 2026-08-05

• A hypothetical 100 basis point increase or decrease in interest rates as of June 30, 2026 would not have a material impact on the fair value of our portfolio, and such impact would only be realized if we sold the investments prior to their maturities. Based on our invested cash equivalents and marke…

• We hold a convertible note investment with a private company, with an estimated fair market value of $8.5 million as of June 30, 2026. We have elected to account for the investment under the fair value option. The determination of the fair market value of the investment is based on a variety of mark…

Text removed vs the prior filing · source: 10-Q · 2026-04-30

• A hypothetical 100 basis point increase or decrease in interest rates as of March 31, 2026 and 2025 would have resulted in (i) a $0.5 million and $0.7 million incremental decline or improvement in the fair value of our portfolio, which would only be realized if we sold the investments prior to their…

Text added vs the prior filing · source: 10-Q · 2026-08-05

• As part of our ongoing evaluation of internal controls over financial reporting, we are reviewing the internal controls in connection with our Merger with Udemy and are making appropriate changes as we deem necessary. Other than this review of our controls in connection with the Merger, there were n…

Text removed vs the prior filing · source: 10-Q · 2026-04-30

• There were no changes in our internal control over financial reporting identified in connection with the evaluation required by Rule 13a-15(d) and 15d-15(d) of the Exchange Act that occurred during the period covered by this Form 10-Q that have materially affected, or are reasonably likely to materi…

Text added vs the prior filing · source: 10-Q · 2026-08-05

• •our ability to successfully integrate with Udemy and realize the anticipated benefits of the merger with Udemy, in a timely fashion;

• •changes in economic or other terms of our relationships with our content creators and other strategic partners;

• •our ability to maintain and expand our partnerships with our content creators and other strategic partners;

• •our ability to effectively leverage resellers and other strategic partners to sell and market our products;

• •risks related to strategic investments in private companies, such as our Investment in LearnVector, including the potential for impairment charges and risks around our ability to realize the anticipated technological or commercial benefits of these investments;

Text removed vs the prior filing · source: 10-Q · 2026-04-30

• •the expected timing and realization of the expected benefits of our Merger with Udemy;

• •our ability to complete the Merger and the impact of such failure on our business and financial results and the price of our common stock;

• •the Merger Agreement contains contractual restrictions to pursue alternatives to the Merger and provisions that could require us to pay a termination fee or other amounts to Udemy;

• •business uncertainties and contractual restrictions while the Merger is pending;

• •the impact of lawsuits filed in connection with the Merger, if any, resulting in substantial costs and/or delaying or preventing the completion of the Merger;

Text added vs the prior filing · source: 10-Q · 2026-08-05

• During the three months ended June 30, 2026, no director or officer (as defined in Rule 16a-1(f) of the Exchange Act) adopted, modified, or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as defined in Item 408 of Regulation S-K.

Text removed vs the prior filing · source: 10-Q · 2026-04-30

• During the three months ended March 31, 2026, the following officer (as defined in Rule 16a-1(f) of the Exchange Act) adopted Rule 10b5-1 trading arrangements, as defined in Item 408 of Regulation S-K, for the sale of our common stock. Shares in each Rule 10b5-1 trading arrangement that are subject …

• On March 2, 2026, Gregory M. Hart, President, Chief Executive Officer, and Director, entered into a Rule 10b5-1 trading arrangement that provides for the sale of up to 293,326 shares of our common stock. This trading arrangement is scheduled to expire on October 1, 2027.

• This Rule 10b5-1 trading arrangement was entered into in writing during an open trading window and is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended, and in accordance with our policies regarding transactions in our securities.

• During the three months ended March 31, 2026, no other director or officer (as defined in Rule 16a-1(f) of the Exchange Act) adopted, modified, or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as defined in Item 408 of Regulation S-K.