Earnings ·
51Talk Online Education Group reports Q2 net revenues of $32.4M, up 58.8% year-over-year
COE51Talk Online Education Group
51Talk Online Education Group reported unaudited second quarter 2026 results for the period ended June 30, 2026. Net revenues increased 58.8% to US$32.4 million from US$20.4 million in the prior year period, while gross billings grew 38.1% to US$39.3 million. The company reported an operating loss of US$2.1 million and a net loss attributable to shareholders of US$3.1 million. Active students with attended lesson consumption rose 51.3% to approximately 138,100 from 91,300 in the same quarter last year. Operating cash inflow was US$4.9 million. The company provided third quarter 2026 guidance for net gross billings between US$41.0 million and US$43.0 million. 51Talk operates as a global online education platform specializing in English language instruction.