Skip to contentHome page Seeking Alpha - Power to InvestorsTranscriptsMar. 03, 2026 9:12 PM ETCoursera, Inc. (COUR) StockSA Transcripts158.79K FollowersCommentsCoursera, Inc. (COUR) Morgan Stanley Technology, Media & Telecom Conference 2026 March 3, 2026 4:05 PM ESTCompany ParticipantsGregory Hart - CEO, President & DirectorConference Call ParticipantsJosh Baer - Morgan Stanley, Research DivisionPresentationJosh BaerMorgan Stanley, Research DivisionAll right. Before we get started, for important disclosures, please see the Morgan Stanley research disclosure website at www.morganstanley.com/researchdisclosures. And if you have any questions, please reach out to your Morgan Stanley sales representative.My name is Josh Baer, software analyst at Morgan Stanley. And we are thrilled to have Coursera CEO, Greg Hart, join us today. Thank you so much for joining us.Gregory HartCEO, President & DirectorThank you, Josh. Thrilled to be here. Good to see you all.Josh BaerMorgan Stanley, Research DivisionAnd a quick note, CFO, Mike Foley, just couldn't make it because he is under the weather. He's got the flu, saving us all by not being here.Question-and-Answer SessionJosh BaerMorgan Stanley, Research DivisionPerfect. So Greg, let's start with a little bit of a recap of this past year. We saw growth accelerate from 6% exiting '24 to 10% in the back half of '25. Your ending growth for the full year '25 at 9% was more than double the initial growth guidance. And so what drove that acceleration and improvement in results throughout 2025?Gregory HartCEO, President & DirectorWell, one of the things that we really tried to focus on right after I joined the company in February of last year is, first of all, just better execution. Second of all, a real focus on product-led growth and on focusing our investments in product on things that we thought would make a material difference for the business. And so across top of funnel consumer retention -- or sorry, conversion retention and ARPU, what areRead more current COUR analysis and newsView all earnings call transcriptsComments