51Talk Online Education reported total assets of $0.07B and total liabilities of $0.10B for the quarter ended Mar 2026, up 43.6% year over year. This balance sheet covers 42 quarters of results from Dec 2014 through Mar 2026, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Dec2014 | Dec2015 | Jun2016 | Sep2016 | Dec2016 | Mar2017 | Jun2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||||||||||||||
| Cash & EquivalentsCash & Equiv. | 0.05B | 0.06B | 0.03B | 0.05B | 0.02B | 0.02B | 0.02B | 0.00B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.03B | 0.03B | 0.03B | 0.03B | 0.04B | 0.04B | ||||||||||||||||||||||
| Short-term InvestmentsInvestments (Current) | 0.06B | 0.09B | 0.09B | 0.05B | 0.00B | 0.00B | ||||||||||||||||||||||||||||||||||||
| Cash & Current Investments | 0.11B | 0.16B | 0.12B | 0.10B | 0.02B | 0.02B | 0.02B | 0.00B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.03B | 0.03B | 0.03B | 0.03B | 0.04B | 0.04B | ||||||||||||||||||||||
| Receivables - OtherOther Receivables | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||||||||||||||||||||||||||||||||||
| Inventory | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | |||||||||||||||||||||||||||||||||||
| Prepaid Assets | 0.05B | 0.05B | 0.01B | 0.01B | 0.00B | 0.00B | 0.00B | 3.29B | 0.00B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.02B | 0.02B | 0.02B | 0.02B | ||||||||||||||||||||||
| Current Assets | 0.24B | 0.24B | 0.15B | 0.13B | 0.03B | 0.03B | 0.03B | 27.00B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.04B | 0.04B | 0.04B | 0.05B | 0.06B | 0.06B | 0.06B | ||||||||||||||||||||||
| Non-Current Assets | ||||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 0.01B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.03B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||||||||||||||||||||
| Long-Term Investments | ||||||||||||||||||||||||||||||||||||||||||
| Goodwill | 0.00B | |||||||||||||||||||||||||||||||||||||||||
| Intangibles | 0.01B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.03B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||||||||||||||||||||
| Goodwill & Intangibles | 0.01B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.03B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||||||||||||||||||||
| Long-Term Deferred Tax | 0.00B | 0.00B | 0.01B | 0.01B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||||||||||||||||||||||||
| Other Non-Current Assets | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.22B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||||||||||||||||||||
| Non-Current Assets | 0.10B | 0.03B | 0.04B | 0.03B | 0.00B | 0.00B | 0.00B | 0.95B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.01B | 0.01B | 0.01B | ||||||||||||||||||||||
| Assets | 0.34B | 0.26B | 0.19B | 0.16B | 0.03B | 0.03B | 0.03B | 0.00B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.04B | 0.04B | 0.05B | 0.05B | 0.06B | 0.07B | 0.07B | ||||||||||||||||||||||
| Liabilities | ||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||||||
| Notes Payables | 0.00B | 0.00B | 0.66B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||||||||||||||||||||||||||
| Payables | 0.00B | 0.00B | 0.66B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||||||||||||||||||||||||||
| Accumulated Expenses | 0.04B | 0.02B | 0.02B | 0.01B | 0.00B | 0.00B | 0.00B | 4.03B | 0.00B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | ||||||||||||||||||||||
| Other Accumulated Expenses | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | |||||||||||||||||||||||||||||||||||||
| Short term Debt | ||||||||||||||||||||||||||||||||||||||||||
| Current Leases | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | |||||||||||||||||||||||||||||||||||||
| Current Taxes | 0.00B | 0.00B | 0.00B | 0.01B | 0.00B | 0.00B | 0.00B | 0.19B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||||||||||||||||||||
| Current Deferred Revenue | 0.27B | 0.02B | 0.03B | 0.05B | 0.08B | |||||||||||||||||||||||||||||||||||||
| Total Current Liabilities | 0.46B | 0.38B | 0.30B | 0.29B | 0.01B | 0.02B | 0.02B | 23.03B | 0.03B | 0.03B | 0.04B | 0.04B | 0.05B | 0.05B | 0.06B | 0.06B | 0.07B | 0.09B | 0.10B | 0.10B | ||||||||||||||||||||||
| Non-Current Liabilities | ||||||||||||||||||||||||||||||||||||||||||
| Capital Leases | 0.05B | |||||||||||||||||||||||||||||||||||||||||
| Non-Current Debt | ||||||||||||||||||||||||||||||||||||||||||
| Non-Current Deffered Revenue | 0.42B | 0.35B | 0.27B | 0.22B | 0.01B | 0.01B | 0.01B | 17.72B | 0.02B | 0.02B | 0.01B | 0.03B | 0.03B | 0.04B | 0.05B | 0.05B | 0.06B | 0.07B | 0.08B | 0.08B | ||||||||||||||||||||||
| Preferred Stock Liabilities | ||||||||||||||||||||||||||||||||||||||||||
| Minority Interest | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||||||||||||||||||||||||||||||
| Liabilities from Discontinued OperationsLiabilities from Discont. Ops | 0.29B | |||||||||||||||||||||||||||||||||||||||||
| Non-Current Deferred Tax LiabilityNon-Current Deferred Tax | 0.00B | 0.00B | 0.09B | 0.00B | 0.00B | 0.00B | 0.00B | |||||||||||||||||||||||||||||||||||
| Operating Leases | 0.01B | 0.01B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.44B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||||||||||||||||||||
| Other Non-Current Liabilities | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.17B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||||||||||||||||||||
| Total Non-Current Liabilities | 0.01B | 0.01B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.46B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | ||||||||||||||||||||||
| Total Liabilities | 0.47B | 0.39B | 0.30B | 0.29B | 0.02B | 0.02B | 0.02B | 0.00B | 0.03B | 0.03B | 0.04B | 0.04B | 0.05B | 0.05B | 0.06B | 0.06B | 0.07B | 0.09B | 0.10B | 0.10B | ||||||||||||||||||||||
| Shareholder's Equity | ||||||||||||||||||||||||||||||||||||||||||
| Total Debt | ||||||||||||||||||||||||||||||||||||||||||
| Common Equity | -0.13B | -0.12B | -0.11B | -0.14B | 0.01B | 0.01B | 0.01B | 4.46B | 0.00B | -0.00B | -0.01B | -0.01B | -0.01B | -0.01B | -0.01B | -0.02B | -0.02B | -0.02B | -0.03B | -0.03B | ||||||||||||||||||||||
| Liabilities and Shareholders Equity | 0.34B | 0.26B | 0.19B | 0.16B | 0.03B | 0.03B | 0.03B | 0.00B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.04B | 0.04B | 0.05B | 0.05B | 0.06B | 0.07B | 0.07B | ||||||||||||||||||||||
| Treasury Shares | 0.00B | |||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | -0.30B | -0.33B | -0.35B | -0.35B | -0.37B | |||||||||||||||||||||||||||||||||||||
| Preferred Shares |