51Talk Online Education (COE) Research & Development (2015 - 2026)
51Talk Online Education (COE) posted quarterly Research & Development of -$1.9 million for Q1 2026, down 84.89% year-over-year from -$12.8 million in Q1 2025, and down 20.35% quarter-over-quarter from -$1.6 million in Q4 2025.
51Talk Online Education (COE) Research & Development (2015 - 2026) Analysis & Trends
51Talk Online Education's Research & Development history runs 12 years deep, the most recent figure standing at -$1.9 million for Q1 2026.
- In Q1 2026, Research & Development fell 84.89% year-over-year to -$1.9 million; the TTM figure through Mar 2026 stood at -$6.4 million (down 73.34% YoY), while the FY2025 annual figure was $62.3 million, up 1644.81% from the prior year.
- Research & Development for Q1 2026 stood at -$1.9 million, down from -$1.6 million in the prior quarter.
- The five-year high for Research & Development was -$435000.0 in Q4 2022, with the low at -$1.9 million in Q1 2026.
- The 5-year median for Research & Development is -$868000.0 (2023), against an average of -$995882.4.
- The sharpest annual moves came in 2022 and 2023: Research & Development jumped 93.05% in 2022, then slumped 98.62% in 2023.
- 51Talk Online Education's Research & Development stood at -$435000.0 in 2022, then plunged by 98.62% to -$864000.0 in 2023, then declined by 7.99% to -$933000.0 in 2024, then sank by 72.24% to -$1.6 million in 2025, then retreated by 20.35% to -$1.9 million in 2026.
- Business Quant data shows COE's Research & Development at -$1.9 million in Q1 2026, -$1.6 million in Q4 2025, and -$1.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 262.52 Mn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | -1.93 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | - |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | - |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | - |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | - |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | - |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | - |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 125.95 Mn |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | -55.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.93 Mn |
| Dec 31, 2025 | -1.61 Mn |
| Sep 30, 2025 | -1.58 Mn |
| Jun 30, 2025 | -1.24 Mn |
| Mar 31, 2025 | -1.05 Mn |
| Dec 31, 2024 | -933,000.00 |
| Sep 30, 2024 | -839,000.00 |
| Jun 30, 2024 | -851,000.00 |
| Mar 31, 2024 | -948,000.00 |
| Dec 31, 2023 | -864,000.00 |
| Sep 30, 2023 | -868,000.00 |
| Jun 30, 2023 | -694,000.00 |
| Mar 31, 2023 | -662,000.00 |
| Dec 31, 2022 | -435,000.00 |
| Sep 30, 2022 | -629,000.00 |
| Jun 30, 2022 | -700,000.00 |
| Mar 31, 2022 | -1.10 Mn |
| Dec 31, 2021 | -2.38 Mn |
| Sep 30, 2021 | -6.30 Mn |
| Jun 30, 2021 | -10.07 Mn |