51Talk Online Education (COE) Gross Margin (2015 - 2026)

51Talk Online Education's Gross Margin history runs 12 years deep, the most recent figure standing at 73.66% for Q1 2026.

• In Q1 2026, Gross Margin fell 316.0% year-over-year to 73.66%; the TTM figure through Mar 2026 stood at 73.37% (down 433.0% YoY), while the FY2025 annual figure was 73.91%, down 407.0% from the prior year.
• Gross Margin for Q1 2026 stood at 73.66%, up from 72.43% in the prior quarter.
• The five-year high for Gross Margin was 4338.63% in Q2 2022, with the low at 72.43% in Q4 2025.
• The 5-year median for Gross Margin is 77.51% (2024), against an average of 327.29%.
• The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 426590 bps in 2022, then tumbled 426026 bps in 2023.
• 51Talk Online Education's Gross Margin stood at 78.97% in 2022, then slipped by 5 bps to 75.0% in 2023, then increased by 3 bps to 77.51% in 2024, then retreated by 7 bps to 72.43% in 2025, then gained by 2 bps to 73.66% in 2026.
• Business Quant data shows COE's Gross Margin at 73.66% in Q1 2026, 72.43% in Q4 2025, and 73.16% in Q3 2025.