Total Revenue

9.9% increase (from $170.34M in Q2 2024 to $187.1M in Q2 2025)

The overall revenue growth was driven by strong performance in both the Consumer and Enterprise segments, which respectively grew by 26% and 9.5% YoY, contributing to the total increase. This improvement builds on earlier trends where robust learner engagement and new customer acquisitions set the stage for higher revenues. " " " "

Consumer Segment Revenue

26% increase (from $97.31M in Q2 2024 to $122.8M in Q2 2025)

The accelerated growth in the Consumer segment was largely due to an increase in new registered learners and subscriptions, reinforcing the momentum seen in previous periods. This builds on past gains from enhanced marketing efforts and entry-level offerings that boosted registered learners and paid subscriptions. " " " "

Enterprise Segment Revenue

9.5% increase (from $58.73M in Q2 2024 to $64.3M in Q2 2025)

The increase in Enterprise revenue was driven by more new customer acquisitions and continued engagement in the business and campus verticals. While new customer gains boosted revenue, these were partly offset by contraction in existing customer spending, echoing trends observed in earlier quarters. " " " "

Degrees Segment Revenue

Not reported in Q2 2025 (previously $14.30M in Q2 2024)

Reporting for the Degrees segment has been discontinued as it has been integrated into the Consumer segment to simplify the business model. Despite past growth driven by increased student enrollments, the reclassification reflects a strategic shift that the company expects to result in slightly declining figures for this sub-segment going forward. " " " "