51Talk Online Education (COE) Tax Rate (2015 - 2021)
51Talk Online Education's Tax Rate came in at 23.57% for Q2 2026, up 18.49 percentage points from 5.08% a year earlier but down 3.08 percentage points from the prior quarter.
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Analysis
51Talk Online Education (COE) Tax Rate (2015 - 2021) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, 51Talk Online Education reported Tax Rate of 13.21%, up 5.17 percentage points year-over-year; for FY2025, it was 7.95%, up 4.04 percentage points from FY2024.
- Tax Rate has increased in each of the last three years, with a five-year change of +4.92 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 3.92% in FY2024 (+3.13 pp), 0.79% in FY2023 (+0.32 pp), 0.47% in FY2022 (-1.98 pp) and 2.44% in FY2021 (-0.59 pp).
- The five-year range for quarterly Tax Rate is -2.06% (Q2 2023) to 107.69% (Q4 2021).
- Year-over-year, Tax Rate increased in six of the last eight quarters, with an average year-over-year change of +7.47 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2021 (a gain of 68.83 percentage points), and the weakest in Q3 2022 (a drop of 37.85 percentage points).
- Business Quant data shows COE's Tax Rate at 26.65% (Q1 2026), 11.20% (Q4 2025) and 5.36% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 21.77% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 7.42% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 4.94% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 22.08% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | - |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 26.91% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 25.09% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 25.68% |
| 10 | 51Talk Online Education | 281.74 Mn | 130.69 Mn | 23.93 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 107.69% |
| Sep 30, 2021 | 39.17% |
| Dec 31, 2020 | 38.86% |
| Sep 30, 2020 | 4.81% |
| Jun 30, 2020 | 5.10% |
| Mar 31, 2020 | 2.77% |
| Dec 31, 2019 | 46.31% |
| Sep 30, 2019 | 36.97% |
| Jun 30, 2019 | 3.78% |
| Mar 31, 2019 | 1.85% |
| Dec 31, 2018 | 0.66% |
| Sep 30, 2018 | 1.04% |
| Jun 30, 2018 | 1.31% |
| Mar 31, 2018 | 0.96% |
| Dec 31, 2017 | 1.00% |
| Sep 30, 2017 | 0.69% |
| Jun 30, 2017 | 0.77% |
| Mar 31, 2017 | 0.52% |
| Dec 31, 2016 | 0.27% |
| Sep 30, 2016 | 0.38% |
API Access
51Talk Online Education Tax Rate 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=tax-rate&ticker=COE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=COE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();