According to Coursera CFO, the new terms represent a significant “shift”. Let’s dig into the numbers.

Source: Udemy Investors page The merger is complete. That too, months before its second-half 2026 target. After three failed attempts and five months of regulatory and shareholder review, Coursera and Udemy have finally combined. Now comes the restructuring, the platform integration, and some unanswered leadership questions. The all-stock deal was first announced on December 17, 2025, and approved by stockholders on April 9, 2026. Each Udemy share was exchanged for 0.8 shares of Coursera. Udemy

In this analysis, Udemy and Coursera go head-to-head: revenue, growth, losses — here are all the numbers.

Master digital product design and collaboration with these top Sketch courses (including free ones) for designers and developers.