Online edtech firm 51Talk Q2 revenue rises as active student base expands - COE News | RalliesOnline edtech firm 51Talk Q2 revenue rises as active student base expands
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COE• Outlook
- 51Talk expects Q3 2026 gross billings between $41.0 mln and $43.0 mln
- Company says demand across key markets remains robust
- 51Talk says it is investing more efficiently in Q3 2026 to move toward profitability
Overview
- Singapore online English education platform's Q2 revenue rose 59% yr/yr
- Company's Q2 net loss narrowed but remained unprofitable
- Active students grew 51% yr/yr, driven by robust demand across key markets
Key Details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|
| Q2 Revenue | | $32.40 mln | |
| Q2 Adjusted Loss Per Share | | $0.01 | |
| Q2 Loss Per Share | | $0.01 | |
| Q2 Gross Margin | | 73.90% | |
| Q2 Gross Profit | | $23.90 mln | |
| Q2 Operating Expenses | | $26 mln | |
| Q2 Operating Income | | -$2.10 mln | |
Result Drivers
- ACTIVE STUDENT GROWTH - Co said increase in paid lessons and active students drove revenue growth
