Thinkific

TSX-listed course platform with community, B2B sales and a Plus enterprise tier

Overview

Thinkific Labs is a Canadian company listed on the Toronto Stock Exchange under the ticker THNC. Its investor site reported annual recurring revenue of US$63 million at 30 September 2026, up 4% year on year, third-quarter revenue of US$19 million, average revenue per user of US$187 a month and US$50 million of cash with no debt.[4] Those figures make Thinkific one of the few creator-platform vendors with public financial disclosure.

The product is aimed at creators and at businesses selling training. Start costs US$109 a month (US$82 billed annually), Grow US$219 (US$164) and Expand US$499 (US$374); Plus, for larger organisations, is quoted.[3] All paid plans include unlimited published courses, live Zoom cohorts, quizzes, certificates, memberships and payment plans, with a cap of 10,000 current students below Plus.[3] Grow adds B2B sales and invoicing, bulk enrolment, API and webhooks; exams, single sign-on, SCORM and learning paths are reserved for Plus.[3] Thinkific has no free plan but offers a 30-day trial, and a branded mobile app costs an extra US$199 a month.[3] Through Thinkific Payments the processing fee is 2.9%, while Stripe or PayPal add an unspecified third-party gateway fee.[3]

Thinkific features

  • Unlimited published courses on every paid plan
  • Live Zoom cohorts and certificates
  • B2B sales, invoicing and bulk enrolment from Grow
  • Communities with up to 200 spaces on Expand
  • API, webhooks and Zapier from Grow
  • SCORM, SSO and learning paths on Plus
  • Course sales with Thinkific Payments
  • Stripe and PayPal gateway support

Thinkific pricing

Start US$109/month (US$82 annually), Grow US$219 (US$164), Expand US$499 (US$374), Plus quote-based. 30-day free trial; no free plan. Branded app add-on US$199/month. Thinkific Payments 2.9% processing.

Thinkific strengths and limitations

Strengths

  • Public financial reporting
  • Unlimited courses on the entry plan
  • B2B invoicing for selling to companies
  • Longest free trial among major creator platforms (30 days)
  • Published prices
  • Built-in commerce

Limitations

  • No free plan
  • 10,000 current-student cap below Plus
  • SCORM and SSO only on quote-based Plus
  • Branded app costs an extra US$199/month
  • Extra fees on third-party gateways
  • Not designed for compliance training

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