Every material Form 8-K Coursera, Inc. has filed with the SEC since July 29, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Coursera's board adopted a limited-duration stockholder rights plan, effective immediately, in response to a stockholder that its recent filings show owns about 14.7% of the common stock. The plan is designed to trigger if any person or group acquires 15% or more without board approval, which would dilute that holder's stake and could deter open-market accumulation.
The board declared a dividend of one preferred share purchase right per common share, payable November 19, 2026 to holders of record on that date.
Each right allows purchase of one one-thousandth of a preferred share for $19.50, becoming exercisable only after a person or group acquires 15% or more.
The rights expire November 7, 2027, and the board may redeem them for $0.01 per right before any person becomes an acquiring person.
The Certificate of Designations was filed with the Delaware Secretary of State on November 9, 2026.
Coursera reported third quarter 2026 revenue of $377 million, up 94% from a year earlier, following its May 11, 2026 combination with Udemy. The company posted a GAAP net loss of $25.6 million, wider than the $8.6 million loss a year earlier, while non-GAAP net income rose to $57.1 million, and it narrowed its full-year 2026 revenue outlook to $1.229 billion to $1.237 billion.
Q3 revenue was $376.7 million versus $194.2 million a year earlier; Enterprise revenue was $200.9 million, up 214%.
GAAP net loss was $25.6 million, or $0.10 per share, including $30.8 million of merger, integration and restructuring costs.
Non-GAAP net income was $57.1 million, or $0.21 per diluted share, versus $16.7 million a year earlier; Q3 free cash flow was $4.6 million.
Q4 2026 revenue guidance is $358 million to $366 million; Coursera repurchased $102 million of stock in Q3 and more than $215 million since May 2026 under a $500 million authorization.
Coursera appointed Tom Savage as Senior Vice President, Chief Legal Officer and Corporate Secretary, effective September 21, 2026, as part of a planned leadership transition. Alan Cardenas, Senior Vice President and General Counsel, is stepping down as a Section 16 officer on the same date but will remain General Counsel until the end of 2026 and is expected to then serve as an advisor.
Savage's annual base salary is $425,000, with a target bonus of 60% of base salary.
The Human Resources and Compensation Committee granted Savage a one-time new hire equity award valued at $2.45 million, in restricted stock units.
Savage's RSUs vest over three years, with 50% vesting on the first anniversary of the effective date.
Cardenas, who has been with the company for five years, stays in his General Counsel role until the end of 2026 to support the handoff.
Coursera reported second quarter 2026 revenue of $298.6 million, up 60% from a year earlier, with a GAAP net loss of $80.4 million, or $0.34 per share, versus a loss of $7.8 million a year earlier, and raised its full-year 2026 revenue outlook to $1.220 billion to $1.245 billion. The results include Udemy from its May 11, 2026 acquisition date, and the company also disclosed a $100 million investment in LearnVector, an AI learning company founded by Chairman Andrew Ng.
Q2 2026 revenue of $298.6 million, up from $187.1 million; GAAP net loss of $80.4 million, or $0.34 per share
Full-year 2026 revenue outlook raised to $1.220 billion to $1.245 billion; third-quarter revenue guidance of $364 million to $372 million
$100 million Series A Preferred Stock investment in LearnVector, with a Special Committee of independent directors approving the deal
Share repurchases of $90.3 million in Q2 2026; about $140 million repurchased under the $500 million authorization as of July 28, 2026
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Coursera, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →