Schweser closed Q3 busier than its Q2, and September out-replied the same month last year.
The 2025 bars from March to August reflect heavier Kaplan moderation coverage and one unusually prolific member, both of which ended during 2025; from September the 2025 bars are a clean baseline. See The 2025 baseline in More charts below for what that means year over year.
attributed to Schweser in September.
Community adoption is 40% for this community: the share of its active students who are community members (CFA 45%, CAIA 22%, FRM 37%, Advanced Designations 44%). That is the September figure, the latest the data team has delivered. Re-purchase reporting is paused while it is recalibrated against the community launch date.
Schweser's Q3 ran ahead of its Q2: 532 posts and comments a month against 477. The next move is turning a roster of 29,284 students into more first time posters.
One member carried an outsized share of member posts from March to August 2025, peaking near 29 percent of them in June, and has not posted at all in 2026. Excluding that one account from both years, the member posts decline through July is 20 percent rather than 33 percent.
Most of the comment decline is not members at all. Kaplan side commenting fell by 1,042 against a member fall of 520, and about half of that is a single moderator who moved to another assignment. That is a coverage change, not lost engagement.
Both effects are absent from September 2025 onward, so the remaining 2026 comparisons are not distorted by either. The open question for Q4 is whether moderation coverage is restored, since two more community managers who commented heavily in early 2025 have also stopped.
August 2026 is the last month this caveat applies to. August 2026 posts and comments (221 and 374) sit against an August 2025 baseline still carrying both effects; from September onward the 2025 baseline is clean, so any September to December decline is real and should be read at face value.
September 2026, the first clean comparison: 147 posts, level with September 2025 (147), and 302 comments against 281, up 7 percent. Members talking came in at 97 against 138, a real decline at face value, and the reason the next move is first time posters.
Member figures only, so these do not tie to the community wide bars above. May 2025 is the one unreliable point on this line: 255 Schweser comments and 73 posts from that month were re-inserted into analytics by a server side job in June 2025, which replaced their real author with an administrative account. The activity was genuine, but every individual share for May 2025 is understated.
Category detail starts with June 2026, the first month the workbook can be differenced.
Logged in Users is the Vanilla analytics Active Users figure, read from the Vanilla dashboard: 2,407 in September. It counts signed-in members and is not the same as GA active users, who are site visitors. Adoption shown is the September figure, the latest delivered; re-purchase is paused while it is recalibrated.