Coursera Investor Day Presentation Deck

GAAP to Non-GAAP Reconciliation Gross Profit, Gross Margin, and Operating Expense Gross profit Stock-based compensation expense Payroll tax expense related to stock-based activities Non-GAAP gross profit Gross margin Non-GAAP gross margin Operating expense - Research and development Stock-based compensation expense Payroll tax expense related to stock-based activities Non-GAAP operating expense - Research and development Operating expense - Sales and marketing Stock-based compensation expense Payroll tax expense related to stock-based activities Non-GAAP operating expense - Sales and marketing Operating expense - General and administrative Stock-based compensation expense Payroll tax expense related to stock-based activities Non-GAAP operating expense - General and administrative Note: $ in thousands. Numbers are rounded for presentation purposes. Year Ended December 31, $ $ $ $ $ $ $ $ 2022 331,479 3,089 28 334,596 63% 64% 165,134 (48,779) (577) 115,778 227,676 (30,092) (237) 197,347 105,900 (28,703) (278) 76,919 coursera 2023 INVESTOR DAY 130

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