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.
Analysis
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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 92.96 Bn | 90.22 Bn | 812.22 Mn | 262.52 Mn |
| 2 | Laureate Education | 5.00 Bn | 4.84 Bn | 237.67 Mn | - |
| 3 | Graham Holdings | 4.69 Bn | 3.48 Bn | 777.03 Mn | - |
| 4 | Covista | 4.52 Bn | 4.11 Bn | 284.63 Mn | - |
| 5 | Grand Canyon Education | 3.90 Bn | 3.63 Bn | 204.08 Mn | - |
| 6 | Stride | 3.66 Bn | 2.71 Bn | 217.28 Mn | - |
| 7 | McGraw Hill | 2.54 Bn | 2.34 Bn | 439.20 Mn | - |
| 8 | Perdoceo Education | 2.07 Bn | 762.91 Mn | 162.46 Mn | - |
| 9 | TAL Education | 1.92 Bn | -760.48 Mn | 227.32 Mn | 125.95 Mn |
| 10 | 51Talk Online Education | 364.33 Mn | 329.00 Mn | 22.97 Mn | -17.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -17.86 Mn |
| Dec 31, 2025 | -20.41 Mn |
| Sep 30, 2025 | -17.70 Mn |
| Jun 30, 2025 | -12.82 Mn |
| Mar 31, 2025 | -11.23 Mn |
| Dec 31, 2024 | -10.12 Mn |
| Sep 30, 2024 | -8.17 Mn |
| Jun 30, 2024 | -7.34 Mn |
| Mar 31, 2024 | -7.76 Mn |
| Dec 31, 2023 | -7.18 Mn |
| Sep 30, 2023 | -6.91 Mn |
| Jun 30, 2023 | -5.11 Mn |
| Mar 31, 2023 | -4.44 Mn |
| Dec 31, 2022 | -3.99 Mn |
| Sep 30, 2022 | -3.73 Mn |
| Jun 30, 2022 | -3.57 Mn |
| Mar 31, 2022 | -1.99 Mn |
| Dec 31, 2021 | -36.85 Mn |
| Sep 30, 2021 | -29.67 Mn |
| Jun 30, 2021 | -48.92 Mn |