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COE

51Talk Online Education Group

51Talk Online Education Group (COE) Q2 2026 earnings

Published Sep 15, 2026

AI summary

  • Revenue $32.4M, up 59% from $20.4M a year ago.
  • Adjusted EPS −$0.01, unchanged from −$0.01 a year ago.
  • Net revenue grew 58.8% year-over-year to $32.4 million in the second quarter of 2026.
  • The number of active students increased by 51.3% to approximately 138,100.
  • Operating loss narrowed to $2.1 million from $3.2 million in the same quarter last year.

Results vs analyst consensus

Revenue

Reported

$32.4M

Consensus not captured before release

+59% YoY

Adjusted EPS

Reported · Non-GAAP basic and diluted net loss per share attributable to ordinary shareholders

−$0.01

Consensus not captured before release

GAAP EPS: −$0.01

Consensus: Yahoo Finance · Q2 2026
Revenue display rounded; difference uses exact result.

Next quarter outlook

$41.0M–$43.0M

Q3 2026 revenue guidance

Next-quarter consensus not captured before release.

What to watch

  • Operating expenses rose 41.8% due to higher sales and marketing costs.
  • Gross margin declined slightly to 73.9% from 74.5% in the prior year period.
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Source: 51Talk Online Education Group press release · SEC Form 6-K exhibit 99.1

Figures as stated in the company’s release; consensus from the provider named above. Not financial advice.