51Talk Online Education Group COE
Annual
Quarterly
FY2025 · ended Dec 31, 2025 · Revenue $95.60M, +88.6% YoY · Filed Apr 23, 2026
51Talk Online Education Group (COE) files with the SEC under industry code 8200, Services-Educational Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $95.6 million and a net loss of $16.8 million. Free cash flow was $9.5 million. As of Dec 31, 2025 it held $38.9 million in cash and investments and $2.9 million in total debt.
Revenue
$95.60M
+88.6% vs prior year
Net income
$-16.80M
-132.3% vs prior year
Operating cash flow
$11.81M
+102.6% vs prior year
Free cash flow
$9.52M
+72.3% vs prior year
EPS
$-0.05
-183.3% vs prior year
Dividend per share
None
Shares outstanding
359.06M
+2.4% vs prior year
Net cash
$35.93M
FY 2025
Operating margin
-15.1%
FY 2025
Company profile
- Industry
- Services-Educational Services (SIC 8200)
- Listed as
- COE (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- Cayman Islands
- Headquarters
- Singapore
- SEC filer status
- Non-accelerated filer
- SEC CIK
- 1659494
- Former names
- China Online Education Group (until Oct 5, 2022)
Other Services-Educational Services companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $95.6M | $50.7M | $27.1M | $15.0M | $788,000 |
| Operating income | -$14.4M | -$8.0M | -$13.7M | -$12.4M | -$4.6M |
| Net income | -$16.8M | -$7.2M | -$15.0M | -$42.6M | $18.7M |
| Diluted EPS | -$0.05 | — | — | — | $0.06 |
| Operating cash flow | $11.8M | $5.8M | $559,000 | -$45.7M | -$105.0M |
| Free cash flow | $9.5M | $5.5M | $272,000 | -$45.7M | -$108.8M |
| Total assets | $66.1M | $43.9M | $31.2M | $27.6M | $187.1M |
| Total liabilities | $97.3M | $58.7M | $39.3M | $21.1M | $300.5M |
| Stockholders' equity | -$31.4M | -$15.0M | -$8.3M | $6.6M | -$113.4M |
| Cash and investments | $38.9M | — | $21.3M | $18.2M | $115.3M |
| Total debt | $2.9M | $2.7M | $631,000 | $734,000 | $1.6M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Sep 15, 2026 | Sep 15, 2026 |
| 6-K | Current report (foreign issuer) | Jun 12, 2026 | Jun 12, 2026 |
| 20-F | Annual report (foreign issuer) | Apr 23, 2026 | Dec 31, 2025 |
| 6-K | Current report (foreign issuer) | Mar 27, 2026 | Mar 27, 2026 |
| 6-K | Current report (foreign issuer) | Dec 8, 2025 | Dec 8, 2025 |
| 6-K | Current report (foreign issuer) | Dec 8, 2025 | Dec 8, 2025 |
All 233 51Talk Online Education Group SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.