Youdao, Inc. (DAO)
NYSE: DAO · Real-Time Price · USD
16.41
-0.38 (-2.26%)
Aug 27, 2026, 10:05 AM EDT - Market open
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 | Jun '26 Jun 30, 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 |
| 6,008 | 5,909 | 5,626 | 5,389 | 5,013 | 4,016 | |
Revenue Growth | 6.75% | 5.03% | 4.39% | 7.50% | 24.84% | 58.93% |
Cost of Revenue | 3,296 | 3,292 | 2,877 | 2,622 | 2,427 | 2,027 |
Gross Profit | 2,712 | 2,617 | 2,748 | 2,767 | 2,586 | 1,989 |
Selling, General & Admin | 1,927 | 1,881 | 2,060 | 2,490 | 2,557 | 2,268 |
Research & Development | 527.85 | 514.23 | 540 | 743.36 | 803.79 | 607.37 |
Operating Expenses | 2,455 | 2,396 | 2,600 | 3,234 | 3,361 | 2,875 |
Operating Income | 257.52 | 221.31 | 148.82 | -466.33 | -774.68 | -886.47 |
Interest Expense | -55.98 | -62.97 | -73.09 | -69.47 | -45.61 | -31.64 |
Interest & Investment Income | 3.13 | 2.43 | 3.92 | 8.35 | 12.91 | 18.78 |
Earnings From Equity Investments | -19.39 | -19.39 | -11.17 | -3.13 | 0.46 | - |
Currency Exchange Gain (Loss) | -9.23 | -9.23 | -2.45 | 3.11 | 4.05 | -5.01 |
Other Non Operating Income (Expenses) | 28.42 | 6.24 | 15.74 | 31.69 | 85.92 | 30.49 |
EBT Excluding Unusual Items | 204.46 | 138.38 | 81.77 | -495.79 | -716.94 | -873.85 |
Gain (Loss) on Sale of Investments | -24.09 | -24.09 | 1.25 | -42.69 | -7.82 | 19.35 |
Asset Writedown | - | - | - | - | - | -56.78 |
Other Unusual Items | -0.66 | -0.66 | -1.79 | -0.55 | -1.17 | -8.16 |
Pretax Income | 179.71 | 113.63 | 81.24 | -539.03 | -725.93 | -919.44 |
Income Tax Expense | 18.51 | 16.59 | 6.01 | 11.09 | 13.84 | 6.65 |
Earnings From Continuing Operations | 161.2 | 97.04 | 75.23 | -550.12 | -739.78 | -926.09 |
Earnings From Discontinued Operations | - | - | - | - | -6.11 | -100.27 |
Net Income to Company | 161.2 | 97.04 | 75.23 | -550.12 | -745.88 | -1,026 |
Minority Interest in Earnings | -0.47 | 10.3 | 6.99 | 0.18 | 18.85 | 30.7 |
Net Income | 160.73 | 107.35 | 82.21 | -549.94 | -727.03 | -995.66 |
Net Income to Common | 160.73 | 107.35 | 82.21 | -549.94 | -727.03 | -995.66 |
Net Income Growth | -29.58% | 30.57% | - | - | - | - |
Shares Outstanding (Basic) | 119 | 118 | 117 | 121 | 124 | 122 |
Shares Outstanding (Diluted) | 120 | 120 | 118 | 121 | 124 | 122 |
Shares Change | 1.04% | 1.42% | -2.64% | -1.79% | 1.60% | 7.79% |
EPS (Basic) | 1.36 | 0.91 | 0.70 | -4.53 | -5.88 | -8.18 |
EPS (Diluted) | 1.34 | 0.90 | 0.70 | -4.53 | -5.88 | -8.18 |
EPS Growth | -30.09% | 28.57% | - | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | - | 29.59 | -79.7 | -456 | -671.78 | -1,410 |
Free Cash Flow Per Share | - | 0.25 | -0.67 | -3.76 | -5.43 | -11.59 |
Gross Margin | 45.15% | 44.29% | 48.85% | 51.35% | 51.59% | 49.53% |
Operating Margin | 4.29% | 3.74% | 2.65% | -8.65% | -15.45% | -22.07% |
Profit Margin | 2.67% | 1.82% | 1.46% | -10.20% | -14.50% | -24.79% |
Free Cash Flow Margin | - | 0.50% | -1.42% | -8.46% | -13.40% | -35.11% |
EBITDA | 278.15 | 244.72 | 177.77 | -436.69 | -732.47 | -856.37 |
EBITDA Margin | 4.63% | 4.14% | 3.16% | -8.10% | -14.61% | -21.32% |
D&A For EBITDA | 20.63 | 23.41 | 28.95 | 29.64 | 42.21 | 30.1 |
EBIT | 257.52 | 221.31 | 148.82 | -466.33 | -774.68 | -886.47 |
EBIT Margin | 4.29% | 3.74% | 2.65% | -8.65% | -15.45% | -22.07% |
Effective Tax Rate | 10.30% | 14.60% | 7.40% | - | - | - |
Revenue as Reported | 6,008 | 5,909 | 5,626 | 5,389 | 5,013 | 4,016 |
Advertising Expenses | - | 944.9 | 1,106 | 1,384 | 1,479 | 1,393 |