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| Date | Value |
|---|---|
| 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% |