Income Statement - Youdao, Inc. (DAO)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | |
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 5.91 | 5.63 | 5.39 | 5.01 | 4.02 | 3.17 | 1.30 | 0.73 | 0.46 |
| Cost of revenue | 3.29 | 2.88 | 2.62 | 2.43 | 2.03 | 1.71 | 0.93 | 0.52 | 0.29 |
| Gross profit | 2.62 | 2.75 | 2.77 | 2.59 | 1.99 | 1.45 | 0.37 | 0.22 | 0.16 |
| Total operating expenses | 2.39 | 2.59 | 3.20 | 3.27 | 2.84 | 3.26 | 0.97 | 0.44 | 0.29 |
| Operating income | 0.23 | 0.16 | -0.43 | -0.69 | -0.85 | -1.81 | -0.60 | -0.22 | -0.13 |
| Non-operating income (net) | -0.11 | -0.08 | -0.11 | -0.04 | -0.07 | 0.06 | 0.00 | 0.02 | -0.03 |
| Income before tax | 0.11 | 0.08 | -0.54 | -0.73 | -0.92 | -1.75 | -0.60 | -0.20 | -0.16 |
| Income tax expense | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 |
| Net income | 0.11 | 0.08 | -0.55 | -0.73 | -1.00 | -1.75 | -0.60 | -0.21 | -0.13 |
Show Quarterly Income Statement
Income Statement - Youdao, Inc. (DAO)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1.35 | 1.56 | 1.63 | 1.42 | 1.30 | 1.34 | 1.57 | 1.32 | 1.39 | 1.48 | 1.54 | 1.21 | 1.16 | 1.45 | 1.40 | 0.96 | 1.20 | 1.05 | 1.04 | 0.98 | 0.95 | 0.90 | 0.90 | 0.62 | 0.54 | 0.41 | 0.35 | 0.32 | 0.23 | 0.23 | 0.17 | 0.20 | 0.13 |
| Cost of revenue | 0.75 | 0.86 | 0.94 | 0.81 | 0.68 | 0.70 | 0.78 | 0.68 | 0.71 | 0.74 | 0.68 | 0.64 | 0.56 | 0.68 | 0.64 | 0.55 | 0.56 | 0.60 | 0.49 | 0.48 | 0.45 | 0.48 | 0.48 | 0.34 | 0.31 | 0.29 | 0.26 | 0.22 | 0.17 | 0.16 | 0.13 | 0.13 | 0.10 |
| Gross profit | 0.60 | 0.71 | 0.69 | 0.61 | 0.61 | 0.64 | 0.79 | 0.64 | 0.68 | 0.74 | 0.86 | 0.57 | 0.60 | 0.77 | 0.76 | 0.41 | 0.64 | 0.45 | 0.55 | 0.50 | 0.50 | 0.41 | 0.41 | 0.28 | 0.24 | 0.12 | 0.09 | 0.11 | 0.05 | 0.07 | 0.04 | 0.07 | 0.04 |
| Total operating expenses | 0.54 | 0.64 | 0.66 | 0.58 | 0.51 | 0.56 | 0.68 | 0.71 | 0.65 | 0.63 | 0.92 | 0.86 | 0.80 | 0.75 | 0.98 | 0.86 | 0.77 | 0.69 | 0.77 | 0.76 | 0.71 | 1.31 | 1.25 | 0.56 | 0.41 | 0.33 | 0.32 | 0.19 | 0.13 | 0.12 | 0.13 | 0.10 | 0.09 |
| Operating income | 0.06 | 0.07 | 0.03 | 0.03 | 0.10 | 0.08 | 0.11 | -0.07 | 0.03 | 0.08 | -0.06 | -0.29 | -0.20 | 0.02 | -0.22 | -0.46 | -0.13 | -0.25 | -0.23 | -0.25 | -0.21 | -0.89 | -0.89 | -0.28 | -0.18 | -0.20 | -0.23 | -0.08 | -0.08 | -0.05 | -0.09 | -0.03 | -0.05 |
| Non-operating income (net) | -0.01 | -0.03 | -0.02 | -0.05 | -0.02 | -0.01 | -0.02 | -0.02 | -0.02 | -0.02 | -0.04 | -0.01 | -0.01 | -0.01 | 0.03 | 0.00 | 0.03 | 0.01 | 0.00 | 0.02 | 0.00 | 0.02 | 0.02 | 0.03 | 0.01 | 0.00 | 0.00 | 0.01 | -0.01 | -0.01 | 0.02 | 0.01 | -0.01 |
| Income before tax | 0.05 | 0.04 | 0.01 | -0.02 | 0.09 | 0.07 | 0.09 | -0.09 | 0.01 | 0.06 | -0.09 | -0.30 | -0.20 | 0.02 | -0.19 | -0.46 | -0.10 | -0.24 | -0.23 | -0.23 | -0.22 | -0.88 | -0.88 | -0.26 | -0.17 | -0.20 | -0.23 | -0.08 | -0.09 | -0.06 | -0.06 | -0.02 | -0.06 |
| Income tax expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net income | 0.04 | 0.05 | 0.00 | -0.02 | 0.08 | 0.08 | 0.09 | -0.10 | 0.01 | 0.06 | -0.10 | -0.30 | -0.20 | 0.01 | -0.18 | -0.45 | -0.10 | -0.02 | -0.13 | -0.52 | -0.33 | -0.88 | -0.88 | -0.26 | -0.17 | -0.20 | -0.23 | -0.08 | -0.09 | -0.06 | -0.07 | -0.03 | -0.06 |