51Talk Online Education Group (COE) Form 6-K — Jun 12, 2026
51Talk Online Education Group (NYSE American: COE) reported first-quarter 2026 results showing robust top-line growth, with net revenues rising 70.9% year-over-year to $31.2 million and gross billings increasing 51.9% to $33.3 million. The gross billings growth exceeded the high-end of the company’s prior guidance, signaling stronger-than-expected demand for its English learning platform. The company’s active student base grew 63.9% to approximately 132,900, driven by expanded marketing efforts and product localization.
Key figures
- Revenue
- 31188000
- Guidance
- Q2 2026 gross billings between $36.0 million and $38.0 million
- Revenue Yoy
- 70.9%
- Gross Margin
- 73.7%
- Gross Billings
- 33300000
- Active Students
- 132900
- Gross Billings Yoy
- 51.9%
- Active Students Yoy
- 63.9%
- Advances From Students
- 78930000
AI analysis
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