Coursera released its full-year 2026 financial outlook and integration plan following the completion of its merger with Udemy on May 11, 2026. The company provided guidance for the combined entity and detailed an accelerated timeline for achieving over $115 million in annual run-rate net synergies, with a significant portion expected by the end of 2026.
Key Details
- FY 2026 Financial Outlook: The company expects reported revenue of $1.21 billion to $1.24 billion and an Adjusted EBITDA Margin of 13.0%. On a normalized basis (including Udemy's pre-close results), full-year revenue is projected at $1.49 billion to $1.52 billion.
- Synergy Realization: Coursera is targeting over $115 million in annual run-rate net synergies. The company now expects to achieve at least $80 million of this run-rate by the end of 2026, ahead of the original 24-month schedule.
- Capital Allocation: The company has repurchased approximately $70 million in shares as of June 22, 2026, under its recently authorized $500 million share repurchase program.