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• Non-GAAP net income was $40.4 million, or $0.17 per share; Adjusted EBITDA was $42.7 million with a 14.3% margin.
• Full-year 2026 revenue outlook raised to $1.220–$1.245 billion; Q3 2026 revenue guided to $364–$372 million.
• Coursera completed its all-stock combination with Udemy on May 11, 2026, and now expects at least $85 million in annual run-rate net synergies by end of 2026.
• Coursera made a $100 million strategic investment in LearnVector, an AI-native learning company founded by Andrew Ng, acquiring 33.33% ownership.
• Repurchased $90.3 million of shares in Q2 2026, with $140 million repurchased to date under the $500 million authorization.

2.02 Results of Operations and Financial Condition · 8.01 Other Events · 9.01 Financial Statements and Exhibits

• Coursera, Inc. committed to a workforce reduction plan on July 6, 2026, following its merger with Udemy, Inc. completed on May 11, 2026.
• Substantially all charges are expected to be cash expenditures during the third and fourth quarters of 2026.
• Potential position eliminations are subject to local law and consultation requirements, which may extend the process beyond 2026.
• The plan is part of integration and synergy initiatives; additional costs may be disclosed in future periodic reports.

2.05 Costs Associated with Exit or Disposal Activities

• On June 23, 2026, Coursera furnished supplemental materials for a post-merger modeling call, including a combined 2026 financial outlook.
• The supplemental materials include unaudited historical revenue data for Coursera, Udemy, and pro forma combined results, disaggregated by product and segment for fiscal 2025 and Q1 2026.
• The company will continue reporting through two segments: Enterprise and Consumer, with added disclosure of Paid Subscribers and aligned customer definitions.
• The materials are furnished under Item 7.01 and are not deemed filed for SEC liability purposes.

7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• Coursera held its 2026 Annual Meeting of Stockholders on June 10, 2026, with 133,743,423 shares represented, constituting a quorum.
• The non-binding advisory vote on named executive officer compensation was approved with 100,729,503 votes for, 13,960,373 against, and 133,038 abstentions.
• The appointment of Deloitte & Touche LLP as independent auditor for fiscal year 2026 was ratified with 131,826,645 votes for, 1,820,667 against, and 96,111 abstentions.
• The report was filed under Item 5.07 to disclose the final voting results of the three proposals.

5.07 Submission of Matters to a Vote of Security Holders

• On May 15, 2026, Coursera's board approved a stock repurchase program authorizing up to $500 million of common stock.
• The company expects to fund repurchases with existing cash and cash equivalents.
• A press release announcing the program was issued on May 18, 2026, and furnished as Exhibit 99.1.
• The program was disclosed under Item 7.01 Regulation FD and is not deemed filed for SEC purposes.

7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• Udemy stockholders received 0.800 shares of Coursera common stock per Udemy share, with cash in lieu of fractional shares.
• The merger consideration value was based on a $4.78 average closing price of Coursera stock over the five trading days before closing.
• Coursera increased its authorized common stock from 300 million to 600 million shares via a charter amendment effective May 11, 2026.
• Three Udemy directors (Sohaib Abbasi, Marylou Maco, Lydia Paterson) were appointed to Coursera's board, replacing three departing directors.

2.01 Completion of Acquisition or Disposition of Assets · 3.03 Material Modification to Rights of Security Holders · 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · 8.01 Other Events · 9.01 Financial Statements and Exhibits

• GAAP net loss widened to $20.5 million from $7.8 million year-over-year; non-GAAP net income was $12.4 million, down from $19.7 million.
• Consumer segment revenue grew 10% year-over-year to $129.5 million, marking the fourth consecutive quarter of double-digit growth.
• The company added a record 7.6 million new registered learners in Q1 2026, bringing total registered learners to 205 million.
• Coursera reaffirmed full-year 2026 revenue guidance of $805–$815 million and provided Q2 2026 revenue guidance of $196–$200 million.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• Stockholders also adopted an amendment to increase authorized shares of Coursera Common Stock from 300,000,000 to 600,000,000, with 111,016,381 votes for, 1,581,645 against, and 354,090 abstentions.
• The proposal to adjourn the special meeting was not presented because Proposals 1 and 2 were approved.
• A quorum was present with 112,952,116 shares represented out of 169,313,599 outstanding shares as of the March 6, 2026 record date.
• The merger remains subject to satisfaction of remaining closing conditions under the Merger Agreement.

5.07 Submission of Matters to a Vote of Security Holders