51Talk Online Education (COE) Cost of Revenue (2015 - 2026)
51Talk Online Education (COE) posted quarterly Cost of Revenue of $8.2 million for Q1 2026, up 94.18% year-over-year from $4.2 million in Q1 2025, and down 2.7% quarter-over-quarter from $8.4 million in Q4 2025.
51Talk Online Education (COE) Cost of Revenue (2015 - 2026) Analysis & Trends
51Talk Online Education's Cost of Revenue history runs 12 years deep, the most recent figure standing at $8.2 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 94.18% year-over-year to $8.2 million; the TTM figure through Mar 2026 stood at $28.9 million (up 117.88% YoY), while the FY2025 annual figure was $24.9 million, up 123.43% from the prior year.
- Cost of Revenue for Q1 2026 stood at $8.2 million, down from $8.4 million in the prior quarter.
- The five-year high for Cost of Revenue was $8.4 million in Q4 2025, with the low at $415000.0 in Q1 2022.
- The 5-year median for Cost of Revenue is $2.1 million (2024), against an average of $3.2 million.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue tumbled 98.31% in 2022, then surged 199.28% in 2023.
- 51Talk Online Education's Cost of Revenue stood at $1.1 million in 2022, then soared by 75.89% to $1.9 million in 2023, then surged by 95.45% to $3.7 million in 2024, then jumped by 131.22% to $8.4 million in 2025, then dropped by 2.7% to $8.2 million in 2026.
- Business Quant data shows COE's Cost of Revenue at $8.2 million in Q1 2026, $8.4 million in Q4 2025, and $7.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 717.31 Mn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | 8.21 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 378.20 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 525.48 Mn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 216.75 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 59.96 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 418.78 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 74.83 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 202.24 Mn |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | 108.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.21 Mn |
| Mar 31, 2026 | 8.21 Mn |
| Dec 31, 2025 | 8.44 Mn |
| Dec 31, 2025 | 8.44 Mn |
| Sep 30, 2025 | 7.07 Mn |
| Sep 30, 2025 | 7.07 Mn |
| Jun 30, 2025 | 5.18 Mn |
| Jun 30, 2025 | 5.18 Mn |
| Mar 31, 2025 | 4.23 Mn |
| Mar 31, 2025 | 4.23 Mn |
| Dec 31, 2024 | 3.65 Mn |
| Dec 31, 2024 | 3.65 Mn |
| Sep 30, 2024 | 2.99 Mn |
| Sep 30, 2024 | 2.99 Mn |
| Jun 30, 2024 | 2.40 Mn |
| Jun 30, 2024 | 2.40 Mn |
| Mar 31, 2024 | 2.13 Mn |
| Mar 31, 2024 | 2.13 Mn |
| Dec 31, 2023 | 1.87 Mn |
| Dec 31, 2023 | 1.87 Mn |