Gaotu Techedu Inc. (FRA:18WA)

Gaotu Techedu Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Operating Activities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-323.31	-1,049	-7.3	13.17	-3,103
Depreciation & Amortization	112.85	64.97	54.24	70.76	112.56
Loss (Gain) From Sale of Assets	9.24	4.83	2.72	-21.37	146.25
Asset Writedown & Restructuring Costs	0.58	-	-	-	95.84
Loss (Gain) From Sale of Investments	-70.9	-38.16	-33.3	-29.03	-65.76
Loss (Gain) on Equity Investments	-	-	9.17	-	0.3
Stock-Based Compensation	39.22	53.22	58.35	122.65	320.89
Provision & Write-off of Bad Debts	1.57	1.8	10.81	-	-
Other Operating Activities	3.52	26.89	1.45	-	4.96
Change in Unearned Revenue	480.05	848.27	278.29	-36.89	-1,738
Change in Income Taxes	-0.44	-3.61	2.49	1.79	-4.65
Change in Other Net Operating Assets	166.64	340.03	-25.05	-48.75	3.55
Operating Cash Flow	416.09	258.01	353.7	54.55	-4,186
Operating Cash Flow Growth	61.27%	-27.05%	548.45%	-	-

Investing Activities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-330.56	-179.92	-40.8	-33.95	-272.32
Sale of Property, Plant & Equipment	0.13	0.35	0.09	22	8.91
Cash Acquisitions	-32.22	-	-	-	-
Investment in Securities	-456.13	621.19	-282.07	-68.43	5,068
Other Investing Activities	-	-	-	-	7.94
Investing Cash Flow	-818.78	620.82	-423.98	-158.39	4,813

Financing Activities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	102.5	-	-	-	400
Long-Term Debt Issued	29.22	-	-	-	-
Total Debt Issued	131.72	-	-	-	400
Short-Term Debt Repaid	-2.5	-	-	-	-400
Total Debt Repaid	-2.5	-	-	-	-400
Net Debt Issued (Repaid)	129.22	-	-	-	-
Issuance of Common Stock	-	-	0.01	-	0.01
Repurchase of Common Stock	-343.36	-205.3	-90.49	-	-
Other Financing Activities	-	-	-	-	-100.62
Financing Cash Flow	-214.14	-205.3	-90.48	-	-100.61

Net Cash Flow

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	2.51	-17.14	10.78	26.65	15.82
Net Cash Flow	-614.32	656.39	-149.98	-77.19	541.9

Free Cash Flow

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	85.53	78.09	312.9	20.59	-4,458
Free Cash Flow Growth	9.53%	-75.04%	1419.43%	-	-
Free Cash Flow Margin	1.39%	1.71%	10.57%	0.82%	-67.94%
Free Cash Flow Per Share	0.35	0.30	1.20	0.08	-17.40
Levered Free Cash Flow	18.97	613.1	56.52	-12.54	-3,679
Unlevered Free Cash Flow	18.97	613.1	56.52	-12.54	-3,679

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Income Tax Paid	0.69	3.29	1.44	20.22	-84.83
Change in Working Capital	643.32	1,193	257.55	-101.63	-1,697

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 27, 2026

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