China Online Education Group, a leader in online English education, reported significant financial growth for the first quarter of 2025. The company disclosed net revenues of $18.2 million, marking a 93.1% increase from the $9.4 million reported in the same period in 2024. Gross billings also saw a substantial rise, reaching $21.9 million, a 74.6% increase compared to the previous year's $12.6 million. The gross margin slightly decreased by 0.5 percentage points, standing at 77.0%. The number of active students with attended lesson consumption grew significantly, rising by 75.5%, from 46.2 thousand in the first quarter of 2024 to 81.1 thousand in the same period of 2025. This increase underscores the company's successful expansion and engagement strategies. The company's leadership expressed optimism regarding sustained growth and highlighted promising results from strategic investments in new regions. The company is focusing on optimizing its organizational structure and accelerating AI adoption to further enhance user engagement and community connection.
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