51Talk Online Education (COE) Operating Expenses (2015 - 2026)
51Talk Online Education (COE) reported Operating Expenses of -$26.03 million for Q2 2026, compared with -$18.35 million a year earlier.
51Talk Online Education (COE) Operating Expenses (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, 51Talk Online Education's Operating Expenses came in at -$101.64 million; for FY2025, it came in at -$85.09 million.
- By year, Operating Expenses came in at -$47.57 million in FY2024, -$34.45 million in FY2023, -$24.21 million in FY2022 and -$5.25 million in FY2021.
- Five-year quarterly Operating Expenses spans a low of -$57.09 million in Q3 2021 and a high of -$4.98 million in Q1 2022.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$24.4 million (Q1 2026), -$27.37 million (Q4 2025) and -$23.85 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | 178,646.00 |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 420.93 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 387.71 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 364.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 323.96 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 542.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 182.80 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 231.56 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 652.00 Mn |
| 10 | 51Talk Online Education | 281.74 Mn | 130.69 Mn | 23.93 Mn | -26.03 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -26.03 Mn |
| Mar 31, 2026 | -24.40 Mn |
| Dec 31, 2025 | -27.37 Mn |
| Sep 30, 2025 | -23.85 Mn |
| Jun 30, 2025 | -18.35 Mn |
| Mar 31, 2025 | -15.52 Mn |
| Dec 31, 2024 | -13.44 Mn |
| Sep 30, 2024 | -11.85 Mn |
| Jun 30, 2024 | -10.98 Mn |
| Mar 31, 2024 | -11.31 Mn |
| Dec 31, 2023 | -9.91 Mn |
| Sep 30, 2023 | -9.82 Mn |
| Jun 30, 2023 | -7.86 Mn |
| Mar 31, 2023 | -6.86 Mn |
| Dec 31, 2022 | -6.16 Mn |
| Sep 30, 2022 | -6.19 Mn |
| Jun 30, 2022 | -6.88 Mn |
| Mar 31, 2022 | -4.98 Mn |
| Dec 31, 2021 | -50.18 Mn |
| Sep 30, 2021 | -57.09 Mn |
51Talk Online Education Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=COE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "COE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=COE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();