51Talk (COE) Q2 2026 Earnings Call Transcript

51Talk Online Education Group reported strong Q2 2026 results with net revenues of $32.4 million (up 58.8% YoY) and active students reaching 138,100 (up 51.3% YoY). The company launched Global Communicator, an AI-powered learning product in partnership with Oxford University Press. Operating losses narrowed to $2.1 million from $3.2 million YoY, though the company remains unprofitable. Management expects Q3 2026 gross billings between $41-43 million and is prioritizing efficient growth toward profitability.