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 | 5,909.02 | 5,625.92 | 5,389.21 | 5,013.18 | 4,015.79 | 3,167.52 | 1,304.88 | 731.60 | 455.75 |
| Cost of revenue | 3,292.19 | 2,877.43 | 2,621.75 | 2,426.77 | 2,026.96 | 1,713.23 | 934.26 | 515.13 | 293.81 |
| Gross profit | 2,616.83 | 2,748.49 | 2,767.46 | 2,586.42 | 1,988.84 | 1,454.29 | 370.62 | 216.47 | 161.94 |
| Total operating expenses | 2,389.01 | 2,587.63 | 3,201.00 | 3,273.63 | 2,838.46 | 3,260.07 | 971.54 | 435.60 | 291.98 |
| Operating income | 227.82 | 160.86 | -433.54 | -687.21 | -849.62 | -1,805.78 | -600.92 | -219.14 | -130.04 |
| Non-operating income (net) | -114.18 | -79.62 | -105.49 | -38.72 | -69.82 | 55.36 | 1.90 | 21.14 | -28.73 |
| Income before tax | 113.63 | 81.24 | -539.03 | -725.93 | -919.44 | -1,750.42 | -599.02 | -198.00 | -158.77 |
| Income tax expense | 16.59 | 6.01 | 11.09 | 13.84 | 6.65 | 2.93 | 2.43 | 11.29 | 5.16 |
| Net income | 107.35 | 82.21 | -549.94 | -727.03 | -995.66 | -1,753.35 | -601.46 | -208.91 | -133.58 |
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 | 1,348.02 | 1,564.69 | 1,628.52 | 1,417.54 | 1,298.26 | 1,339.80 | 1,572.54 | 1,321.72 | 1,391.86 | 1,480.52 | 1,538.78 | 1,206.63 | 1,163.27 | 1,453.98 | 1,402.43 | 956.23 | 1,200.54 | 1,048.80 | 1,039.08 | 979.95 | 947.97 | 896.04 | 896.04 | 623.29 | 541.39 | 410.43 | 345.91 | 322.81 | 225.73 | 230.09 | 174.35 | 200.09 | 132.77 |
| Cost of revenue | 745.73 | 859.31 | 940.66 | 808.18 | 684.04 | 699.05 | 783.09 | 684.94 | 710.36 | 741.72 | 679.15 | 639.46 | 561.42 | 679.30 | 642.25 | 546.50 | 558.72 | 603.50 | 492.18 | 479.74 | 451.54 | 484.49 | 484.49 | 341.75 | 305.66 | 288.00 | 256.67 | 216.75 | 172.84 | 161.81 | 133.78 | 127.51 | 95.53 |
| Gross profit | 602.29 | 705.38 | 687.86 | 609.36 | 614.23 | 640.75 | 789.46 | 636.78 | 681.50 | 738.80 | 859.64 | 567.18 | 601.85 | 774.69 | 760.18 | 409.73 | 641.82 | 445.29 | 546.90 | 500.21 | 496.44 | 411.55 | 411.55 | 281.54 | 235.73 | 122.43 | 89.23 | 106.06 | 52.90 | 68.28 | 40.57 | 72.58 | 37.23 |
| Total operating expenses | 544.79 | 638.67 | 659.60 | 580.56 | 510.19 | 556.58 | 682.18 | 709.33 | 651.58 | 629.73 | 917.32 | 856.31 | 797.64 | 750.02 | 979.22 | 864.94 | 766.93 | 693.57 | 772.65 | 755.09 | 710.78 | 1,305.56 | 1,250.76 | 564.55 | 411.72 | 326.46 | 323.98 | 189.16 | 131.95 | 118.62 | 126.24 | 104.93 | 88.58 |
| Operating income | 57.50 | 66.71 | 28.27 | 28.80 | 104.04 | 84.18 | 107.27 | -72.55 | 29.92 | 76.28 | -57.69 | -289.13 | -195.79 | 24.67 | -219.04 | -455.21 | -125.10 | -248.28 | -225.75 | -254.88 | -214.35 | -894.00 | -894.00 | -283.01 | -176.00 | -204.03 | -234.74 | -83.10 | -79.05 | -50.34 | -85.67 | -32.35 | -51.35 |
| Non-operating income (net) | -9.19 | -31.27 | -21.32 | -45.06 | -16.55 | -14.26 | -16.05 | -20.81 | -16.47 | -19.73 | -36.68 | -9.20 | -7.09 | -7.80 | 31.81 | -4.77 | 29.50 | 6.92 | -1.26 | 22.34 | -4.19 | 16.14 | 16.14 | 25.20 | 8.70 | 1.14 | 4.87 | 7.99 | -12.09 | -5.61 | 21.90 | 12.79 | -7.39 |
| Income before tax | 48.31 | 35.44 | 6.95 | -16.26 | 87.49 | 69.91 | 91.23 | -93.36 | 13.46 | 56.56 | -94.37 | -298.33 | -202.88 | 16.87 | -187.22 | -459.98 | -95.60 | -241.36 | -227.01 | -232.54 | -218.54 | -877.87 | -877.87 | -257.82 | -167.30 | -202.89 | -229.87 | -75.11 | -91.14 | -55.94 | -63.77 | -19.56 | -58.74 |
| Income tax expense | 4.50 | -0.51 | 2.93 | 4.28 | 9.90 | 2.39 | 2.37 | 7.05 | -1.03 | 0.44 | 2.56 | 4.89 | 3.20 | 13.83 | -1.11 | 0.55 | 0.57 | -0.56 | 2.59 | 3.00 | 1.62 | 0.24 | 0.24 | 0.01 | 2.19 | -0.01 | 0.80 | 0.83 | 0.81 | 3.19 | 3.64 | 1.12 | 3.35 |
| Net income | 38.58 | 48.25 | 0.12 | -17.76 | 76.74 | 83.00 | 86.25 | -99.48 | 12.43 | 56.48 | -102.91 | -299.16 | -204.35 | 12.30 | -183.92 | -453.89 | -101.53 | -16.61 | -128.90 | -524.35 | -325.79 | -877.81 | -877.81 | -257.81 | -169.42 | -202.00 | -231.13 | -76.50 | -91.88 | -59.94 | -66.89 | -31.23 | -61.35 |