51Talk Online Education reports Q4 adjusted EPS $1.03 vs. 20c last year

Reports Q4 revenue $30.6M vs. $16.2M last year. Gross billings for the fourth quarter of 2025 were $36.8M, a 72.0% growth from $21.4M for the fourth quarter of 2024. The number of active students with attended lesson consumption was approximately 126,700 in the fourth quarter of 2025, representing a 70.8% increase from approximately 74,200 for the fourth quarter of 2024. Operating cash inflow for the fourth quarter of 2025 was $3.1M. “2025 has been a transformational year for 51Talk, as we began to reap the rewards of the strategic investments made over the past several years. Full-year gross billings reached US$127.6 million, representing year-over-year growth of 83.4%, while net revenues grew 88.6% year-over-year to US$95.6 million. These results mark a significant milestone, as gross billings surpassed and net revenues approached the US$100 million threshold for the first time since we embarked on our global expansion strategy, providing compelling validation that our business model can scale effectively on a global basis,” stated Jack Jiajia Huang, Founder, Chairman, and CEO of 51Talk.