51Talk Q3 gross billings surge 104.6% to USD 40.5 million

Reuters
Dec 08
51Talk Q3 gross billings surge 104.6% to USD 40.5 million

China Online Education Group (51Talk) reported its unaudited financial results for the third quarter (Q3) ended September 30, 2025. Net revenues for Q3 2025 reached USD 26.3 million, representing an 87.5% increase. Gross billings for the quarter were USD 40.5 million, up by 104.6%. The company recorded a gross margin of 73.3% for the period. Quarterly active students with attended lesson consumption totaled approximately 112,600, an increase of 71.4%. Operating cash inflow for Q3 2025 was USD 6.6 million.

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