51Talk Online Education (COE) EBITDA (2015 - 2025)

51Talk Online Education (COE) recorded quarterly EBITDA of -$5.2 million in Q4 2025, down 13.14% quarter-over-quarter from -$4.6 million in Q3 2025, and down 504.31% on a YoY basis from $1.3 million in Q4 2024.

51Talk Online Education (COE) EBITDA (2015 - 2025) Analysis & Trends

51Talk Online Education's EBITDA history runs 11 years deep, the most recent figure standing at -$5.2 million for Q4 2025.

  • In Q4 2025, EBITDA fell 504.31% year-over-year to -$5.2 million; the TTM figure through Dec 2025 stood at -$13.8 million (down 151.38% YoY), while the FY2025 annual figure was -$18.1 million, down 135.8% from the prior year.
  • EBITDA was -$5.2 million for Q4 2025 at 51Talk Online Education, down from -$4.6 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $11.2 million in Q3 2021 to a low of -$23.6 million in Q1 2022.
  • Historically, EBITDA has averaged -$2.4 million across 5 years, with a median of -$2.6 million in 2022.
  • The sharpest annual moves came in 2021 and 2025: EBITDA jumped 266.73% in 2021, then plunged 1939.19% in 2025.
  • A 5-year view of EBITDA shows it stood at $9.7 million in 2021, then slumped by 122.44% to -$2.2 million in 2022, then tumbled by 98.34% to -$4.3 million in 2023, then surged by 80.09% to -$858000.0 in 2024, then sank by 504.31% to -$5.2 million in 2025.
  • The last three EBITDA figures came in at -$5.2 million (Q4 2025), -$4.6 million (Q3 2025), and -$2.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 51Talk Online Education 7.49 Bn 7.45 Bn 22.18 Mn -5.19 Mn
2 Laureate Education 5.02 Bn 4.86 Bn -16.39 Mn -27.53 Mn
3 Graham Holdings 4.93 Bn 3.93 Bn 841.00 Mn 76.23 Mn
4 Covista 4.32 Bn 4.32 Bn 276.31 Mn 91.34 Mn
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn 129.08 Mn
6 Grand Canyon Education 4.00 Bn 3.75 Bn 244.77 Mn 95.46 Mn
7 Universal Technical Institute 2.15 Bn 1.99 Bn 103.97 Mn 339,000.00
8 Perdoceo Education 2.15 Bn 1.47 Bn 174.68 Mn 63.12 Mn
9 Strategic Education 1.74 Bn 1.59 Bn - 41.09 Mn
10 Lincoln Educational Services 1.45 Bn 1.43 Bn 120.06 Mn 6.41 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -5.19 Mn
Sep 30, 2025 -4.58 Mn
Jun 30, 2025 -2.72 Mn
Mar 31, 2025 -1.29 Mn
Dec 31, 2024 -858,000.00
Sep 30, 2024 -786,000.00
Jun 30, 2024 148,000.00
Mar 31, 2024 -3.99 Mn
Dec 31, 2023 -4.31 Mn
Sep 30, 2023 -3.85 Mn
Jun 30, 2023 -2.95 Mn
Mar 31, 2023 -2.55 Mn
Dec 31, 2022 -2.17 Mn
Sep 30, 2022 -2.58 Mn
Jun 30, 2022 -3.36 Mn
Mar 31, 2022 -23.57 Mn
Dec 31, 2021 9.68 Mn
Sep 30, 2021 11.19 Mn
Jun 30, 2021 -5.23 Mn
Mar 31, 2021 1.51 Mn