)
Visual
test
51Talk Online Education Group
51Talk Online Education Group (COE) investor relations material
51Talk Online Education Group Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary8 Dec, 2025
Executive summary
Gross billings reached $40.5 million in Q3 2025, up 104.6% year-over-year and 42.1% quarter-over-quarter, surpassing guidance.
Net revenues rose 87.5% year-over-year to $26.3 million, with active students up 71.4% to 112,600, surpassing 100,000 for the first time since global expansion began.
Maintained positive net operating cash flow, with operating cash inflow of $6.6 million, strengthening the cash position.
Participation in COP30 in Brazil highlighted global reach and portfolio diversification, with student participation from five countries.
Financial highlights
Gross margin for Q3 2025 was 73.3%, down from 78.7% a year ago.
Operating expenses totaled $23.4 million, a 97.9% increase year-over-year, with sales and marketing expenses up 114.7% to $17.5 million.
Operating loss widened to $4.2 million from $0.8 million year-over-year; net loss attributable to shareholders was $4.8 million, up 669.4% year-over-year.
GAAP and non-GAAP EPS per ADS were negative $0.80 and $0.74, respectively.
Cash, cash equivalents, and time deposits totaled $36.6 million at quarter end.
Outlook and guidance
Q4 2025 gross billings expected between $35 million and $38 million, a sequential decrease but up 63.7% to 77.7% year-over-year.
Guidance reflects current market and operating conditions and is subject to change.
What caused the 669% increase in net loss?
Why is Q4 gross billings guidance lower than Q3?
How is global expansion driving sustainable value?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus. - 6 FebWEC
Targets 7–8% EPS growth, $37.5B capex, and coal exit by 2032 amid surging data center demand. - 6 FebBR
Q2 FY26 recurring revenue grew 8% and adjusted EPS guidance was raised to 9-12%. - 6 FebFFWM
Merger vote includes new non-voting stock class with limited conversion and no voting rights. - 6 FebKKR
Charter amendments seek to modernize governance and establish one share, one vote by 2026. - 6 FebARI
Proposed $9B real estate loan portfolio acquisition highlights disciplined, long-term strategy. - 6 FebSMCI
Q2 revenue jumped 123% to $12.7B, with FY26 guidance raised to at least $40B. - 6 FebRJF
Record revenues and assets, higher dividend, and acquisitions despite lower net income. - 6 FebFFIE
Raising capital for global EV and AI expansion, with regulatory and dilution risks highlighted.
Next 51Talk Online Education Group earnings date
Q4 202520 Mar, 2026
51Talk Online Education Group
Next 51Talk Online Education Group earnings date
Q4 202520 Mar, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
51Talk Online Education Group, also known as China Online Education Group, is a global online education platform with a primary focus on English language instruction. The company's mission is to make high-quality education accessible and affordable. 51Talk offers live, interactive English lessons through its online and mobile platforms, connecting students with a large network of qualified teachers. Utilizing a shared economy approach, the platform employs data analytics and feedback from both students and teachers to provide a personalized learning experience. The company serves various markets, including Hong Kong, Malaysia, and other regions outside mainland China, primarily targeting children aged five to twelve. 51Talk Online Education Group is headquartered in Singapore, and its shares are listed on the NYSE American.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage