51Talk Online Education (COE) Tax Rate (2015 - 2025)

51Talk Online Education (COE) recorded quarterly Tax Rate of 11.2% in Q4 2025, up 109.08% quarter-over-quarter from 5.36% in Q3 2025, and down 174.0% on a YoY basis from 15.14% in Q4 2024.

51Talk Online Education (COE) Tax Rate (2015 - 2025) Analysis & Trends

51Talk Online Education's Tax Rate history runs 11 years deep, the most recent figure standing at 11.2% for Q4 2025.

  • In Q4 2025, Tax Rate fell 174.0% year-over-year to 11.2%; the TTM figure through Dec 2025 stood at 8.3% (up 438.0% YoY), while the FY2025 annual figure was 12.35%, down 1108.0% from the prior year.
  • Tax Rate was 11.2% for Q4 2025 at 51Talk Online Education, up from 5.36% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 108.17% in Q4 2021 to a low of 43.27% in Q1 2021.
  • Historically, Tax Rate has averaged 8.67% across 5 years, with a median of 3.24% in 2023.
  • The sharpest annual moves came in 2021 and 2022: Tax Rate surged 6992 bps in 2021, then sank 11369 bps in 2022.
  • A 5-year view of Tax Rate shows it stood at 108.17% in 2021, then plunged by 105 bps to 5.52% in 2022, then surged by 156 bps to 3.11% in 2023, then soared by 316 bps to 12.94% in 2024, then decreased by 13 bps to 11.2% in 2025.
  • The last three Tax Rate figures came in at 11.2% (Q4 2025), 5.36% (Q3 2025), and 5.85% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 51Talk Online Education 7.64 Bn 7.60 Bn 22.18 Mn 11.20%
2 Graham Holdings 4.92 Bn 3.91 Bn 841.00 Mn 24.35%
3 Laureate Education 4.86 Bn 4.70 Bn -16.39 Mn 20.92%
4 Covista 4.36 Bn 4.35 Bn 276.31 Mn 25.61%
5 Stride 4.16 Bn 3.36 Bn 231.57 Mn 26.13%
6 Grand Canyon Education 3.97 Bn 3.72 Bn 244.77 Mn 23.49%
7 Universal Technical Institute 2.35 Bn 2.19 Bn 103.97 Mn -26.11%
8 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn 20.81%
9 Strategic Education 1.76 Bn 1.60 Bn - 22.46%
10 Lincoln Educational Services 1.45 Bn 1.43 Bn 120.06 Mn 22.21%

Historic Data

Download Data
DateValue
Dec 31, 2025 11.20%
Dec 31, 2025 11.20%
Sep 30, 2025 5.36%
Sep 30, 2025 5.36%
Jun 30, 2025 5.85%
Jun 30, 2025 5.85%
Mar 31, 2025 11.79%
Mar 31, 2025 11.79%
Dec 31, 2024 12.94%
Dec 31, 2024 12.94%
Sep 30, 2024 8.73%
Sep 30, 2024 8.73%
Jun 30, 2024 3.36%
Jun 30, 2024 3.36%
Mar 31, 2024 0.55%
Mar 31, 2024 0.55%
Dec 31, 2023 3.11%
Dec 31, 2023 3.11%
Sep 30, 2023 -0.03%
Sep 30, 2023 -0.03%