51Talk Online Education (COE) Research & Development (2015 - 2026)
51Talk Online Education (COE) recorded Research & Development of -$2.44 million in Q2 2026, compared with -$1.24 million a year earlier.
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Analysis
51Talk Online Education (COE) Research & Development (2015 - 2026) Analysis & Trends
On a TTM basis, 51Talk Online Education's Research & Development came in at -$7.56 million as of Jun 30, 2026; for FY2025, it was -$5.48 million.
- Across earlier years, Research & Development came in at -$3.57 million in FY2024, -$3.09 million in FY2023, -$2.87 million in FY2022 and -$135,000 in FY2021.
- The Q2 2026 figure is the lowest quarterly Research & Development since Q3 2021.
- Per Business Quant, the preceding three quarters came in at -$1.93 million (Q1 2026), -$1.61 million (Q4 2025) and -$1.58 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 222.92 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 102.56 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 109.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 115.71 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 177.10 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 92.20 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 34.77 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 107.00 Mn |
| 10 | 51Talk Online Education | 281.74 Mn | 130.69 Mn | 23.93 Mn | -2.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.44 Mn |
| 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 |
API Access
51Talk Online Education Research & Development 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=research-and-development&ticker=COE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=COE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();