51Talk Online Education (COE) Operating Margin (2015 - 2026)
51Talk Online Education (COE) posted quarterly Operating Margin of 4.56% for Q1 2026, up 367.0% year-over-year from 0.98% in Q1 2025, and up 73.07% quarter-over-quarter from 16.93% in Q4 2025.
51Talk Online Education (COE) Operating Margin (2015 - 2026) Analysis & Trends
51Talk Online Education's Operating Margin history runs 12 years deep, the most recent figure standing at 4.56% for Q1 2026.
- In Q1 2026, Operating Margin rose 367.0% year-over-year to 4.56%; the TTM figure through Mar 2026 stood at 12.82% (down 347.0% YoY), while the FY2025 annual figure was 15.09%, up 78.0% from the prior year.
- Operating Margin for Q1 2026 stood at 4.56%, up from 16.93% in the prior quarter.
- The five-year high for Operating Margin was 4.56% in Q1 2026, with the low at 187.22% in Q1 2022.
- The 5-year median for Operating Margin is 42.19% (2024), against an average of 43.41%.
- The sharpest annual moves came in 2022 and 2023: Operating Margin sank 18821 bps in 2022, then surged 14126 bps in 2023.
- 51Talk Online Education's Operating Margin stood at 43.02% in 2022, then slumped by 34 bps to 57.69% in 2023, then jumped by 91 bps to 5.28% in 2024, then sank by 220 bps to 16.93% in 2025, then surged by 73 bps to 4.56% in 2026.
- Business Quant data shows COE's Operating Margin at 4.56% in Q1 2026, 16.93% in Q4 2025, and 17.4% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 5.61% |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | -4.56% |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 36.28% |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 6.42% |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 19.04% |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 22.02% |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 16.64% |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | -1.37% |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | -10.34% |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | 4.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.56% |
| Dec 31, 2025 | -16.93% |
| Sep 30, 2025 | -17.40% |
| Jun 30, 2025 | -13.34% |
| Mar 31, 2025 | -8.23% |
| Dec 31, 2024 | -5.28% |
| Sep 30, 2024 | -5.60% |
| Jun 30, 2024 | -22.03% |
| Mar 31, 2024 | -42.19% |
| Dec 31, 2023 | -57.69% |
| Sep 30, 2023 | -49.20% |
| Jun 30, 2023 | -47.12% |
| Mar 31, 2023 | -45.97% |
| Dec 31, 2022 | -43.02% |
| Sep 30, 2022 | -56.13% |
| Jun 30, 2022 | -116.02% |
| Mar 31, 2022 | -187.22% |
| Dec 31, 2021 | 4.39% |
| Sep 30, 2021 | 10.18% |
| Jun 30, 2021 | -5.83% |