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Side-by-side financial comparison of FEDERAL AGRICULTURAL MORTGAGE CORP (AGM) and Coursera, Inc. (COUR). Click either name above to swap in a different company.

Coursera, Inc. is the larger business by last-quarter revenue ($196.9M vs $107.5M, roughly 1.8× FEDERAL AGRICULTURAL MORTGAGE CORP). On growth, Coursera, Inc. posted the faster year-over-year revenue change (9.9% vs 6.1%). Over the past eight quarters, Coursera, Inc.'s revenue compounded faster (7.9% CAGR vs 7.1%).

The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, federally chartered corporation established by the U.S. Congress in 1988 under the Agricultural Credit Act of 1987. It was created to establish a secondary market for agricultural real estate and housing mortgage loans, to increase liquidity and the availability of long-term, stable credit for farmers, ranchers, and rural communities.

Coursera Inc. is an American for-profit online university, earlier operating as a global massive open online course provider from 2012 until 2021. It was founded in 2012 by Stanford University computer science professors Andrew Ng and Daphne Koller. Coursera works with universities and other organizations to offer online courses, certifications, and degrees in a variety of subjects.

AGM vs COUR — Head-to-Head

Bigger by revenue
COUR
COUR
1.8× larger
COUR
$196.9M
$107.5M
AGM
Growing faster (revenue YoY)
COUR
COUR
+3.8% gap
COUR
9.9%
6.1%
AGM
Faster 2-yr revenue CAGR
COUR
COUR
Annualised
COUR
7.9%
7.1%
AGM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AGM
AGM
COUR
COUR
Revenue
$107.5M
$196.9M
Net Profit
$-26.8M
Gross Margin
54.2%
Operating Margin
56.3%
-16.4%
Net Margin
-13.6%
Revenue YoY
6.1%
9.9%
Net Profit YoY
-24.1%
EPS (diluted)
$3.69
$-0.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AGM
AGM
COUR
COUR
Q4 25
$107.5M
$196.9M
Q3 25
$104.0M
$194.2M
Q2 25
$102.6M
$187.1M
Q1 25
$94.3M
$179.3M
Q4 24
$101.3M
$179.2M
Q3 24
$90.3M
$176.1M
Q2 24
$89.9M
$170.3M
Q1 24
$93.7M
$169.1M
Net Profit
AGM
AGM
COUR
COUR
Q4 25
$-26.8M
Q3 25
$55.0M
$-8.6M
Q2 25
$54.8M
$-7.8M
Q1 25
$49.7M
$-7.8M
Q4 24
$56.5M
$-21.6M
Q3 24
$49.8M
$-13.7M
Q2 24
$47.1M
$-22.9M
Q1 24
$53.7M
$-21.3M
Gross Margin
AGM
AGM
COUR
COUR
Q4 25
54.2%
Q3 25
54.6%
Q2 25
54.9%
Q1 25
54.6%
Q4 24
53.3%
Q3 24
54.6%
Q2 24
53.0%
Q1 24
52.9%
Operating Margin
AGM
AGM
COUR
COUR
Q4 25
56.3%
-16.4%
Q3 25
64.1%
-8.0%
Q2 25
63.8%
-8.1%
Q1 25
66.9%
-8.0%
Q4 24
67.5%
-17.0%
Q3 24
69.0%
-12.3%
Q2 24
65.9%
-18.3%
Q1 24
72.8%
-17.6%
Net Margin
AGM
AGM
COUR
COUR
Q4 25
-13.6%
Q3 25
52.9%
-4.4%
Q2 25
53.4%
-4.2%
Q1 25
52.6%
-4.4%
Q4 24
55.8%
-12.1%
Q3 24
55.2%
-7.8%
Q2 24
52.4%
-13.4%
Q1 24
57.4%
-12.6%
EPS (diluted)
AGM
AGM
COUR
COUR
Q4 25
$3.69
$-0.16
Q3 25
$4.44
$-0.05
Q2 25
$4.48
$-0.05
Q1 25
$4.01
$-0.05
Q4 24
$4.62
$-0.13
Q3 24
$3.86
$-0.09
Q2 24
$3.68
$-0.15
Q1 24
$4.28
$-0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AGM
AGM
COUR
COUR
Cash + ST InvestmentsLiquidity on hand
$792.6M
Total DebtLower is stronger
$30.8B
Stockholders' EquityBook value
$1.7B
$635.7M
Total Assets
$35.4B
$1.0B
Debt / EquityLower = less leverage
17.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AGM
AGM
COUR
COUR
Q4 25
$792.6M
Q3 25
$797.7M
Q2 25
$775.1M
Q1 25
$748.0M
Q4 24
$726.1M
Q3 24
$842.1M
$719.4M
Q2 24
$923.0M
$708.8M
Q1 24
$745.1M
$725.4M
Total Debt
AGM
AGM
COUR
COUR
Q4 25
$30.8B
Q3 25
$29.2B
Q2 25
$28.9B
Q1 25
$28.0B
Q4 24
$27.5B
Q3 24
$27.2B
Q2 24
$26.8B
Q1 24
$26.8B
Stockholders' Equity
AGM
AGM
COUR
COUR
Q4 25
$1.7B
$635.7M
Q3 25
$1.7B
$639.5M
Q2 25
$1.5B
$627.0M
Q1 25
$1.5B
$610.5M
Q4 24
$1.5B
$597.4M
Q3 24
$1.5B
$593.3M
Q2 24
$1.5B
$585.2M
Q1 24
$1.5B
$609.1M
Total Assets
AGM
AGM
COUR
COUR
Q4 25
$35.4B
$1.0B
Q3 25
$33.4B
$995.3M
Q2 25
$33.0B
$979.9M
Q1 25
$31.8B
$951.2M
Q4 24
$31.3B
$930.3M
Q3 24
$30.6B
$914.1M
Q2 24
$30.2B
$904.4M
Q1 24
$29.8B
$916.3M
Debt / Equity
AGM
AGM
COUR
COUR
Q4 25
17.93×
Q3 25
17.31×
Q2 25
18.70×
Q1 25
18.39×
Q4 24
18.48×
Q3 24
18.60×
Q2 24
17.87×
Q1 24
18.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AGM
AGM
COUR
COUR
Operating Cash FlowLast quarter
$80.1M
$5.8M
Free Cash FlowOCF − Capex
$5.4M
FCF MarginFCF / Revenue
2.7%
Capex IntensityCapex / Revenue
0.0%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$107.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AGM
AGM
COUR
COUR
Q4 25
$80.1M
$5.8M
Q3 25
$74.2M
$33.9M
Q2 25
$-47.7M
$35.5M
Q1 25
$-49.8M
$33.5M
Q4 24
$612.6M
$19.2M
Q3 24
$-44.4M
$27.9M
Q2 24
$56.1M
$23.8M
Q1 24
$233.3M
$24.5M
Free Cash Flow
AGM
AGM
COUR
COUR
Q4 25
$5.4M
Q3 25
$33.7M
Q2 25
$35.1M
Q1 25
$33.0M
Q4 24
$607.4M
$18.1M
Q3 24
$-44.4M
$27.7M
Q2 24
$52.6M
$23.6M
Q1 24
$231.7M
$24.4M
FCF Margin
AGM
AGM
COUR
COUR
Q4 25
2.7%
Q3 25
17.4%
Q2 25
18.8%
Q1 25
18.4%
Q4 24
599.8%
10.1%
Q3 24
-49.2%
15.7%
Q2 24
58.5%
13.9%
Q1 24
247.3%
14.4%
Capex Intensity
AGM
AGM
COUR
COUR
Q4 25
0.0%
0.2%
Q3 25
0.0%
0.1%
Q2 25
0.0%
0.2%
Q1 25
0.0%
0.3%
Q4 24
5.2%
0.6%
Q3 24
0.1%
0.1%
Q2 24
4.0%
0.1%
Q1 24
1.7%
0.1%
Cash Conversion
AGM
AGM
COUR
COUR
Q4 25
Q3 25
1.35×
Q2 25
-0.87×
Q1 25
-1.00×
Q4 24
10.84×
Q3 24
-0.89×
Q2 24
1.19×
Q1 24
4.34×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AGM
AGM

Segment breakdown not available.

COUR
COUR

Consumer Segment$131.5M67%
Enterprise Segment$65.4M33%

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