Collaborative learning has been highlighted as an effective method of teachers’ professional development in various studies. To disclose teachers’ discourse threads in the process of collaborative learning for developing their knowledge, this paper adopted two methods including “content analysis” and “time-sequential analysis” of learning analytics. Such analyses were implemented for mining teachers’ updated knowledge and the discourse threads in the discussion during collaborative learning. The materials for analysis involved two aspects: one was from the video-taped lesson observation reports written by teachers before and after discussing, and the other was from their discourses during the discussion process. The results proved that teachers’ knowledge for teaching the centroid of a triangle was updated in the collaborative learning period, and also revealed the discourse threads of teachers’ collaboration contained “requesting information or opinions”, “building on ideas”, and “providing evidence or reasoning”, with the emphasis on “challenging ideas or re-focusing talk”