# 51Talk Online Education Group: overview

COE · NYSE · CIK 1659494 · [Other](/sectors/other.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/coe.md) · [Financials](/companies/coe/financials.md) · [Filings](/companies/coe/filings.md) · [Insiders](/companies/coe/insiders.md)

Revenue is not reported in this company’s XBRL financial statements.

## Last eight quarters

Not reported.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [0.8](/filings/0001104659-24-054013.md) | [15.0](/filings/0001410578-25-000918.md) | [27.1](/filings/0001104659-26-047273.md) | [50.7](/filings/0001104659-26-047273.md) | [95.6](/filings/0001104659-26-047273.md) |
| Gross margin | % | [83.5%](/filings/0001104659-24-054013.md) | [78.8%](/filings/0001410578-25-000918.md) | [76.7%](/filings/0001104659-26-047273.md) | [78.0%](/filings/0001104659-26-047273.md) | [73.9%](/filings/0001104659-26-047273.md) |
| Operating margin | % | [(582.7%)](/filings/0001104659-24-054013.md) | [(82.1%)](/filings/0001410578-25-000918.md) | [(50.4%)](/filings/0001104659-26-047273.md) | [(15.9%)](/filings/0001104659-26-047273.md) | [(15.1%)](/filings/0001104659-26-047273.md) |
| Net margin | % | [2377.9%](/filings/0001104659-24-054013.md) | [(282.8%)](/filings/0001410578-25-000918.md) | [(55.4%)](/filings/0001104659-26-047273.md) | [(14.3%)](/filings/0001104659-26-047273.md) | [(17.6%)](/filings/0001104659-26-047273.md) |
| Diluted EPS | $ per share | [0.06](/filings/0001104659-22-054645.md) | not reported | [(0.04)](/filings/0001104659-26-047273.md) | [(0.02)](/filings/0001104659-26-047273.md) | [(0.05)](/filings/0001104659-26-047273.md) |
| Free cash flow | $m | [(109)](/filings/0001104659-24-054013.md) | [(45.7)](/filings/0001410578-25-000918.md) | [0.3](/filings/0001104659-26-047273.md) | [5.5](/filings/0001104659-26-047273.md) | [9.5](/filings/0001104659-26-047273.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/coe/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [HSG Holding Ltd](/funds/1470766.md) | 2026-06-30 | $7.6m | 474,901 |  | Unchanged |
| [BANK OF AMERICA CORP /DE/](/funds/70858.md) | 2026-06-30 | $1.3m | 82,198 |  | Reduced −43,778 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $664.7k | 41,675 |  | Reduced −2,600 |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $566.9k | 37,669 |  | Added +15 |
| [BARCLAYS PLC](/funds/312069.md) | 2026-06-30 | $100.6k | 6,308 |  | Unchanged |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $15.3k | 957 |  | Reduced −45 |
| [RHUMBLINE ADVISERS](/funds/1115418.md) | 2026-06-30 | $7.0k | 436 |  | Unchanged |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.3k | 81 |  | Unchanged |
| [ROYAL BANK OF CANADA](/funds/1000275.md) | 2026-06-30 | $1.0k | 93 |  | Unchanged |
| [Federation des caisses Desjardins du Quebec](/funds/2022297.md) | 2026-06-30 | $798 | 50 |  | New +50 |

## Recent filings

[All 227 filings](/companies/coe/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-16 | 09:16 ET | [SCHEDULE 13D/A](/filings/0001104659-26-116452.md) | Ownership report, active investor, amended | 0001104659-26-116452 |
| 2026-09-15 | 07:17 ET | [6-K](/filings/0001104659-26-107703.md) | Report of a foreign private issuer, period 2026-09-15 | 0001104659-26-107703 |
| 2026-06-12 | 07:14 ET | [6-K](/filings/0001104659-26-073181.md) | Report of a foreign private issuer, period 2026-06-12 | 0001104659-26-073181 |
| 2026-04-23 | 08:01 ET | [20-F](/filings/0001104659-26-047273.md) | Annual report of a foreign private issuer, period 2025-12-31 | 0001104659-26-047273 |
| 2026-03-27 | 08:40 ET | [6-K](/filings/0001104659-26-035738.md) | Report of a foreign private issuer, period 2026-03-27 | 0001104659-26-035738 |
| 2026-01-12 | 06:09 ET | [SCHEDULE 13D/A](/filings/0001104659-26-002649.md) | Ownership report, active investor, amended | 0001104659-26-002649 |
| 2025-12-08 | 06:50 ET | [6-K](/filings/0001104659-25-119051.md) | Report of a foreign private issuer, period 2025-12-08 | 0001104659-25-119051 |
| 2025-12-08 | 06:49 ET | [6-K](/filings/0001104659-25-119050.md) | Report of a foreign private issuer, period 2025-12-08 | 0001104659-25-119050 |
| 2025-12-05 | 20:46 ET | [SCHEDULE 13D/A](/filings/0001193125-25-310141.md) | Ownership report, active investor, amended | 0001193125-25-310141 |
| 2025-10-10 | 08:25 ET | [SCHEDULE 13D/A](/filings/0001104659-25-098550.md) | Ownership report, active investor, amended | 0001104659-25-098550 |

## Latest annual report

[Form 20-F for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-047273.md), filed Apr 23, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1659494
- Tickers: COE
- Exchange: NYSE
- SIC code: 8200 Services-Educational Services
- State of incorporation: E9
- Filer category: Non-accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 26, 2026, 21:25 ET. No prices; not investment advice.
