51Talk Online Education (COE) Research & Development (2015 - 2025)
51Talk Online Education (COE) recorded quarterly Research & Development of -$1.6 million in Q4 2025, down 1.64% quarter-over-quarter from -$1.6 million in Q3 2025, and down 72.24% on a YoY basis from -$5.8 million in Q4 2024.
51Talk Online Education (COE) Research & Development (2015 - 2025) Analysis & Trends
51Talk Online Education's Research & Development history runs 11 years deep, the most recent figure standing at -$1.6 million for Q4 2025.
- In Q4 2025, Research & Development fell 72.24% year-over-year to -$1.6 million; the TTM figure through Dec 2025 stood at -$5.5 million (down 53.09% YoY), while the FY2025 annual figure was $5.5 million, up 53.35% from the prior year.
- Research & Development was -$1.6 million for Q4 2025 at 51Talk Online Education, down from -$1.6 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$435000.0 in Q4 2022 to a low of -$10.1 million in Q2 2021.
- Historically, Research & Development has averaged -$2.1 million across 5 years, with a median of -$940500.0 in 2024.
- The sharpest annual moves came in 2021 and 2022: Research & Development plunged 284.27% in 2021, then surged 93.05% in 2022.
- A 5-year view of Research & Development shows it stood at -$2.4 million in 2021, then surged by 81.75% to -$435000.0 in 2022, then sank by 98.62% to -$864000.0 in 2023, then fell by 7.99% to -$933000.0 in 2024, then slumped by 72.24% to -$1.6 million in 2025.
- The last three Research & Development figures came in at -$1.6 million (Q4 2025), -$1.6 million (Q3 2025), and -$1.2 million (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.49 Bn | 7.45 Bn | 22.18 Mn | -1.61 Mn |
| 2 | Laureate Education | 5.02 Bn | 4.86 Bn | -16.39 Mn | - |
| 3 | Graham Holdings | 4.93 Bn | 3.93 Bn | 841.00 Mn | - |
| 4 | Covista | 4.32 Bn | 4.32 Bn | 276.31 Mn | - |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | - |
| 6 | Grand Canyon Education | 4.00 Bn | 3.75 Bn | 244.77 Mn | - |
| 7 | Universal Technical Institute | 2.15 Bn | 1.99 Bn | 103.97 Mn | - |
| 8 | Perdoceo Education | 2.15 Bn | 1.47 Bn | 174.68 Mn | - |
| 9 | Strategic Education | 1.74 Bn | 1.59 Bn | - | - |
| 10 | Lincoln Educational Services | 1.45 Bn | 1.43 Bn | 120.06 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -1.61 Mn |
| Sep 30, 2025 | -1.58 Mn |
| Jun 30, 2025 | -1.24 Mn |
| Mar 31, 2025 | -1.04 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 |
| Mar 31, 2021 | -8.89 Mn |