Youdao, Inc. (DAO)
NYSE: DAO · Real-Time Price · USD
11.66
+0.12 (1.04%)
Jun 5, 2026, 4:00 PM EDT - Market closed
Youdao Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 5,959 | 5,909 | 5,626 | 5,389 | 5,013 | 4,016 | |
Revenue Growth (YoY) | 7.71% | 5.03% | 4.39% | 7.50% | 24.84% | 58.93% |
Cost of Revenue | 3,354 | 3,292 | 2,877 | 2,622 | 2,427 | 2,027 |
Gross Profit | 2,605 | 2,617 | 2,748 | 2,767 | 2,586 | 1,989 |
Selling, General & Admin | 1,916 | 1,881 | 2,060 | 2,490 | 2,557 | 2,268 |
Research & Development | 514.13 | 514.23 | 540 | 743.36 | 803.79 | 607.37 |
Other Operating Expenses | - | - | - | - | - | 56.78 |
Total Operating Expenses | 2,430 | 2,396 | 2,600 | 3,234 | 3,361 | 2,932 |
Operating Income | 174.77 | 221.31 | 148.82 | -466.33 | -774.68 | -943.25 |
Interest Income | 2.85 | 2.43 | 3.92 | 8.35 | 12.91 | 18.78 |
Interest Expense | -60.48 | -62.97 | -73.09 | -69.47 | -45.61 | -31.64 |
Other Non-Operating Income (Expense) | -42.69 | -47.13 | 1.59 | -11.58 | 81.45 | 36.67 |
Total Non-Operating Income (Expense) | -100.32 | -107.68 | -67.59 | -72.7 | 48.75 | 23.81 |
Pretax Income | 74.45 | 113.63 | 81.24 | -539.03 | -725.93 | -919.44 |
Provision for Income Taxes | 11.19 | 16.59 | 6.01 | 11.09 | 13.84 | 6.65 |
Net Income | 63.26 | 97.04 | 75.23 | -550.12 | -745.88 | -1,026 |
Minority Interest in Earnings | -0.38 | -10.3 | -6.99 | -0.18 | -18.85 | -30.7 |
Net Income to Common | 69.18 | 107.35 | 82.21 | -549.94 | -727.03 | -995.66 |
Net Income Growth | -52.79% | 30.57% | - | - | - | - |
Shares Outstanding (Basic) | 118 | 118 | 117 | 121 | 124 | 122 |
Shares Outstanding (Diluted) | 120 | 120 | 118 | 121 | 124 | 122 |
Shares Change (YoY) | 1.23% | 1.42% | -2.64% | -1.79% | 1.60% | 7.79% |
EPS (Basic) | 0.59 | 0.91 | 0.70 | -4.53 | -5.88 | -8.18 |
EPS (Diluted) | 0.57 | 0.90 | 0.70 | -4.53 | -5.88 | -8.18 |
EPS Growth | -53.66% | 28.57% | - | - | - | - |
Free Cash Flow | - | 29.59 | -79.7 | -456 | -671.78 | -1,410 |
Free Cash Flow Per Share | - | 0.25 | -0.67 | -3.76 | -5.44 | -11.59 |
Gross Margin | 43.72% | 44.29% | 48.85% | 51.35% | 51.59% | 49.53% |
Operating Margin | 2.93% | 3.75% | 2.65% | -8.65% | -15.45% | -23.49% |
Profit Margin | 1.06% | 1.64% | 1.34% | -10.21% | -14.88% | -25.56% |
FCF Margin | - | 0.50% | -1.42% | -8.46% | -13.40% | -35.11% |
EBITDA | 174.77 | 244.72 | 177.77 | -436.69 | -732.47 | -913.15 |
EBITDA Margin | 2.93% | 4.14% | 3.16% | -8.10% | -14.61% | -22.74% |
EBIT | 174.77 | 221.31 | 148.82 | -466.33 | -774.68 | -943.25 |
EBIT Margin | 2.93% | 3.75% | 2.65% | -8.65% | -15.45% | -23.49% |
Effective Tax Rate | 15.03% | 14.60% | 7.40% | -2.06% | -1.91% | -0.72% |