Youdao, Inc. logo

Youdao, Inc.

DAO

NYSEConsumer DefensiveEducation & Training Services

Regular session

$17.54

−$0.80 · -4.36%

Aug 24, 11:18 AM ET

DAO company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

12

Overpriced

Momentum

84

Strong Up

Sentiment

44

Mixed

Risk resilience

56

Elevated Risk

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Company profile

Company website

Youdao, Inc. is a Chinese internet technology company that delivers online services focused on content, community engagement, communication platforms, and e-commerce. Its operations are structured into three core divisions: Learning Services, Smart Devices, and Online Marketing Services. The company offers a wide array of learning content, software applications, and comprehensive solutions designed to meet the educational needs of various age groups and topics, accessible through its websites and mobile apps. Its diverse offerings include digital knowledge tools such as Youdao dictionaries and advanced translation utilities, alongside a range of learning services like tutoring and premium subscription content. It also provides specialized courses, including STEAM subjects, adult education, vocational training, and collaborative programs such as China University MOOC. Furthermore, Youdao develops smart hardware devices like the Youdao Dictionary Pen, Listening Pod, Smart Lamp, Pocket Translator, and Super Dictionary. For schools and enterprises, it licenses educational digitalization solutions, exemplified by the Youdao Smart Learning Terminal and Youdao Smart Cloud. The company also provides online advertising and promotional services. Its online course portfolio notably includes Youdao Premium Courses and content from NetEase Cloud Classroom, and it offers essential technical assistance to its variable interest entities. Established in 2006, Youdao, Inc. maintains its primary offices in Hangzhou, China, operating as a subsidiary of NetEase, Inc.

Industry
Education & Training Services
Sector
Consumer Defensive
Headquarters
CN
CEO
Feng Zhou
Listed since
Oct 25, 2019
Employees
3,595

Market position

Day range

Current $17.54

52-week range

Current $17.54

Open
$18.30
Previous close
$18.34
Volume
37.47K
0.49× average
Average volume
76.66K
Average daily volume
Market cap
2.07B USD
Beta
0.53
Market reference 1
50-day average
$14.6056
+20.09% above average
200-day average
$11.5012
+52.51% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
87.12×
P/B (TTM)
-7.58×
P/S (TTM)
2.31×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
45.14%
Operating margin
4.39%
Net margin
2.67%

Financial health

Debt / equity
-0.93×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends59%29%-2%-32%Gross margin, FY2021: 49.53%Gross margin, FY2022: 51.59%Gross margin, FY2023: 51.35%Gross margin, FY2024: 48.85%Gross margin, FY2025: 44.29%Operating margin, FY2021: -21.16%Operating margin, FY2022: -13.71%Operating margin, FY2023: -8.04%Operating margin, FY2024: 2.86%Operating margin, FY2025: 3.86%Net margin, FY2021: -24.79%Net margin, FY2022: -14.50%Net margin, FY2023: -10.20%Net margin, FY2024: 1.46%Net margin, FY2025: 1.82%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 49.53%. Gross margin FY2022 51.59%. Gross margin FY2023 51.35%. Gross margin FY2024 48.85%. Gross margin FY2025 44.29%. Operating margin FY2021 -21.16%. Operating margin FY2022 -13.71%. Operating margin FY2023 -8.04%. Operating margin FY2024 2.86%. Operating margin FY2025 3.86%. Net margin FY2021 -24.79%. Net margin FY2022 -14.50%. Net margin FY2023 -10.20%. Net margin FY2024 1.46%. Net margin FY2025 1.82%.

Income trends

Revenue

5.91B USD+5.03%

Operating income

227.82M USD+41.63%

Net income

107.35M USD+30.57%
Income trends across reported periods6.6B USD3.84B USD1.08B USD−1.69B USDRevenue, FY2021: 4.02B USDRevenue, FY2022: 5.01B USDRevenue, FY2023: 5.39B USDRevenue, FY2024: 5.63B USDRevenue, FY2025: 5.91B USDOperating income, FY2021: −849.62M USDOperating income, FY2022: −687.21M USDOperating income, FY2023: −433.54M USDOperating income, FY2024: 160.86M USDOperating income, FY2025: 227.82M USDNet income, FY2021: −995.66M USDNet income, FY2022: −727.03M USDNet income, FY2023: −549.94M USDNet income, FY2024: 82.21M USDNet income, FY2025: 107.35M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 4.02B USD. Revenue FY2022 5.01B USD. Revenue FY2023 5.39B USD. Revenue FY2024 5.63B USD. Revenue FY2025 5.91B USD. Operating income FY2021 −849.62M USD. Operating income FY2022 −687.21M USD. Operating income FY2023 −433.54M USD. Operating income FY2024 160.86M USD. Operating income FY2025 227.82M USD. Net income FY2021 −995.66M USD. Net income FY2022 −727.03M USD. Net income FY2023 −549.94M USD. Net income FY2024 82.21M USD. Net income FY2025 107.35M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue5.91B USD5.63B USD5.39B USD5.01B USD4.02B USD
Cost of goods sold3.29B USD2.88B USD2.62B USD2.43B USD2.03B USD
Gross profit2.62B USD2.75B USD2.77B USD2.59B USD1.99B USD
Research and development514.23M USD540M USD743.36M USD803.79M USD607.37M USD
Selling, general, and administrative1.88B USD2.06B USD2.49B USD2.56B USD2.27B USD
Operating expenses2.39B USD2.59B USD3.2B USD3.27B USD2.84B USD
Interest income2.36M USD3.97M USD8.35M USD13.13M USD18.54M USD
Interest expense61.26M USD74.13M USD69.46M USD46.41M USD31.23M USD
Depreciation and amortization23.41M USD28.95M USD29.64M USD42.21M USD30.1M USD
Operating income227.82M USD160.86M USD−433.54M USD−687.21M USD−849.62M USD
Net income107.35M USD82.21M USD−549.94M USD−727.03M USD−995.66M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+1483.47%
11 comparable reports
Latest EPS result
0.11
Estimate 0.02 · Beat by 361.80%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.150.090.02-0.04Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 0.11, estimate 0.073, surprise +51.64%, Beat. Q2 2025, reported May 15, 2025: actual 0.09, estimate 0.028, surprise +216.68%, Beat. Q3 2025, reported Aug 14, 2025: actual 0.01, estimate -0.002, surprise +674.71%, Beat. Q4 2025, reported Nov 20, 2025: actual 0.01, estimate -0, surprise +14385.71%, Beat. Q1 2026, reported Feb 11, 2026: actual 0.07, estimate 0.036, surprise +92.78%, Beat. Q2 2026, reported May 21, 2026: actual 0.05, estimate 0.047, surprise +7.32%, Beat. Q3 2026, reported Aug 20, 2026: actual 0.11, estimate 0.024, surprise +361.80%, Beat. Q4 2026, reported Nov 12, 2026: actual —, estimate 0.069, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates252.19M224.51M196.83M169.15MQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 183.5M USD, estimate 195.77M USD, surprise -6.27%, Miss. Q2 2025, reported May 15, 2025: actual 178.85M USD, estimate 179.44M USD, surprise -0.33%, Miss. Q3 2025, reported Aug 14, 2025: actual 197.82M USD, estimate 192.11M USD, surprise +2.97%, Beat. Q4 2025, reported Nov 20, 2025: actual 228.69M USD, estimate 225.1M USD, surprise +1.60%, Beat. Q1 2026, reported Feb 11, 2026: actual 223.69M USD, estimate 215.23M USD, surprise +3.93%, Beat. Q2 2026, reported May 21, 2026: actual 195.37M USD, estimate 201.43M USD, surprise -3.01%, Miss. Q3 2026, reported Aug 20, 2026: actual 215.9M USD, estimate 229.02M USD, surprise -5.73%, Miss. Q4 2026, reported Nov 12, 2026: actual —, estimate 242.49M USD, surprise —, Comparison unavailable.

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